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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 consu꧒mers.
The F&B sector is identified as a fast-growing industry in Malaysia, dominated by small and medium enterprises (SMEs). Accor🌌ding to Food and Beverage Industry – Malaysia 2020 report by Flanders Investment and Trade, the F&B ...
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The F&B sector is oneಞ of the high-potential industries in Malaysia, according to the Department of Statistics Malaysia (DOSM). Factors contributing to the industry expansion are economic development, evolution of needs ...
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The F&B sector is a pillar of the Malaysian economy, propelled both by robust domestic demand and healthy exports. The country is a regional halal F&B export major which is an addi🔜tional advantage. The F&B sector has a mixed of ...
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Malaysia has a growing domestic F&B market, 🍎driven by a growing population and rising inco🤡me. The market research company BMI Research estimated the Malaysian F&B market in 2017 – including food sales, alcoholic drinks spending and ...
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