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Food and beverage production
The main objective of the Food & Beverage industry is to provide safe, high-quality and affordable nutrition to consumers worldwide. It plays an essential role in the global food chain by transforming raw agricultural commodities into end products that meet the needs of increasingly sophisticated consumers. The industry is a key contributor to society’s goals of ensuring food security and public health. It is also one of the biggest innovators, a stable source of employment and incomes, and a major driver of socio-economic development.
The Food & Beverage industry involves the processing and transformation of agricultural and livestock goods into products for intermediate or final consumption. The manufacture of meat and dairy products, flour and milling by-products, oils, sugar, chocolate, frozen food, animal feed, and alcoholic and non-alcoholic beverages, as well as tobacco products, are all part of this industry. The industry’s products are usually sold to wholesalers and retailers for distribution to consumers.
China is the world's largest producer and consumer of alcoholic beverages, producing almost one-half of the world's spirits and nearly one-fifth of the world's beer. In 2023, the country's beer output amounted to 35.6bn litres, ranking first in the ...
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The agricultural foundation of Vietnam's food and beverage (F&B) industry is very strong given the fact that the country is among the world's largest food producers and a top 20 food exporter. The Ministry of Industry and Trade (MOIT) predicts ...
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The Food and Beverage (F&B) sector plays a crucial role in the economic landscape of ASEAN countries (Brunei, Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam) through its contribution to ...
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The food & beverage (F&B) industry is a strategic component of Malaysia's manufacturing sector. The country's GDP reported a 7.0% y/y growth in 2023, a moderation from the post-pandemic-led high pace of growth of 18.7% y/y in 2022 and 17.3% ...
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In 2023, Colombia's food and beverages sector decreased in real terms by 2.4% y/y, having presented outstanding growth in 2021 (5.8% y/y) and 2022 (7.5% y/y), and exhibits diverse trends and dynamics across its various segments. Despite a 1.56% y/y ...
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China is the world's largest producer and consumer of alcoholic beverages, producing almost one-half of the world's spirits and nearly one-fifth of the world's beer. In 2023, the country's beer output amounted to 35.6bn litres, ranking first in the ...
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China is one of the largest food producers and consumers globally. It has been the world's biggest producer of grain and meat since 2012, according to the National Bureau of Statistics (NBS). In addition, the country is the world's biggest consumer ...
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The food and beverage industry is a key sector for the Thai economy, generating almost 6% of the country's annual GDP. The sector is still recovering from the negative effects of the COVID-19 pandemic, with its gross value added (GVA) in 2023 still ...
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India is one of the world's most significant food & beverage producers. It occupies leading positions in the global production of rice, wheat, maize, centrifugal sugar, soybean meal, soybean oil, coffee, banana, poultry meat, milk, and shrimp. ...
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