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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 beverage industry is one of the largest sectors in Colombia’s economy. Between 2015 and 2020, the sector&rsqu༺o;s gross value added (GVA) rose at a CAGR of 1.1% in real terms, boosted by growing domestic demand and rising ...
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The food and beverage industry is one of the largest sectors in the Colombian economy. Between 2014 and 2019, the sector’s GVA rose at a CAGR of 2.03%, boosted by growing domestic demand and hiꦍgher household incomes. The best-performing segment ...
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The food and beverage industry is one of the largest sectors in the 🀅Colombian economy, responsible for 3.4% of the country’s GDP in 2018. Between 2013 and 2018, the sector’s GVA rose at a CAGR of 2.1%, suppo💎rted by growing domestic demand ...
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Colombia’s 🦩food and beverage sector is a major contribu🦂tor to the country’s economy. The domestic GDP growth is highly dependent on household consumption. According to data from the Central Bank of Colombia, in 2017, 62.9% of ...
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The value added of Colombia’s food and beverage sector expanded at a CAGR of 2.5% over the period 2010-2015, supported mainly b🌠y rising household income and the expanding product portfolio of local producers. The sector was among the major ...
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