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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.
The food and beverages sector in Colombia has shown resilience, not only at the production level by recovering from the COVID-19 pandemic, but also at the consumption level, as despite higher prices Colombians have increased their consumption of milk ...
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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 and beverage (F&B) industry is one of the growth engines of Indonesia's manufacturing sector and economy. The strength of the F&B industry in Indonesia is supported by abundant natural resources and increasing domestic demand. A home to the ...
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The Food and Beverage (F&B) industry in Malaysia, a vital contributor to the economy, was valued at MYR 34.0bn and has been growing at a fast pace, registering a growth of 18.9% y/y in 2022. The food processing industry, which accounted for 8.1% of ...
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The food and beverages manufacturing sector is of great importance for Brazil's employment, value added and foreign trade revenues. According to March 2023 estimates from the Brazilian Association of Food Industries (ABIA), the sector achieved ...
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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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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 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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Thailand's agribusiness and food & beverage sectors accounted for 8.7% and 6%, respectively, of the GDP, rising by 2.25% y/y and 2.18%, respectively, in 2021, as both sectors showed the first signs of recovery after the negative effects of COVID-19 ...
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