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.
The Indonesian food and beverage industry is a key driver of growth for the manufacturing sector and the national economy. Its strength is supported by abundant natural resources and increasing domestic demand. In 2023, Indonesia ranked as the ...
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In 2023, India faced a significant surge in food inflation, with notable spikes in essential items like tomatoes and onions, pushing the y/y food inflation rate to a three-year high of 11.5% in July. Meanwhile, the Indian spirits industry exhibited a ...
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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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Poland's food and beverage products had a sold production value of PLN 401.3bn in 2022, representing 14.2% of Polish GDP. The industrial production index (IPI) for food products expanded by 9.4% y/y in 2022 and the IPI for beverage products grew by ...
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China is the largest producer and consumer of alcoholic beverages in the world, producing one-third of the world's spirits and one-fifth of the world's beer. Its beer production ranked first in the world for 21 consecutive years. In 2022, the ...
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China is the world's largest producer of grain, meat and fruit. In addition, it accounts for half of the global consumption of pork and one-fifth of the global consumption of edible oil. In 2022, the sales revenue of China's food sector rose by 4.3% ...
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The food & beverage sector plays an important role in the Philippines' economy, accounting for 9.7% of GDP in 2022. The Philippines occupies leading positions in the global production of rice, pork, poultry meat, coconuts and bananas with mixed ...
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The sold production of the food & beverage industry stood at PLN 299.7bn in 2021, which represented 11.4% of the total value of industrial production. Poland is an important food producer within the EU. In 2022, it was the top poultry meat producer, ...
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