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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 tobac✅co products, are all part of this industry. The industry’s products are usually sold to wholesalers and retailers for distribution to consumers.
The revenue of China’s beverage sector continued to decline in the second quarter of 2018, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales dropped by 12.3% y/y to RMB 50bn in Q𒁏2 2018. Baijiu sales volume plunged ...
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China’s food sector revenue in the 𓂃first quarter of 2018 dropped by 13.6% y/y to RMB 498bn, mainly due to decreased prices of pork. Pork prices in Q꧅1 2018 slid by 9.9% y/y, as a result of declining live pig prices. The total profit of the food ...
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China✃ beverage sector’s revenue declined for the second st♑raight quarter in Q1 2018, reflecting lower sales volumes of soft drinks and baijiu. Beverage retail sales in Q1 2018 fell by 9.6% y/y to RMB 48.3bn. Baijiu sale volumes slumped by 20.3% ...
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China is the largest alcoholic beverage producer and consumer in the world, consuming one-thir💮d of the world’s spirits and a quarter of the world’s beer. Its b﷽eer production ranked first in the world for 14 consecutive years and the ...
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In Q4 2017, the rev🐈enue of China’s food sector declined by 21.9% y/y to𒆙 RMB 550.7bn mostly due to lower food prices. Food prices went down by 1.4% y/y in 2017, mainly because of sufficient supplies of pork and fresh vegetables. In 2017 pork ...
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Malaysia has a growing domestic F&B market, driven by a growing population and rising income. The market research companyܫ BMI Research estimated the Malaysian F&B market in 2017 – including food sales, alcoholic drinks spending and ...
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The manufacturing🥃 industry in the Philippines is the top 🐷contributor to the country’s economic growth, while the food and beverage (F&B) sector is among the largest contributors within the manufacturing industry. The F&B sector ...
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In the third quarter of 2017, the revenue of China’s food manufacturing sector was RMB 559.9bn, down by 7.2% y/y. Th💖e downward trend in overall food prices continued, however, the decline was slower compared to that in the first and second ...
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The growth of China’s beverage sector remained stable in Q3 2017, supported by increased sales of high-end baijiu. The total sales revenue of the🦋 17 listed ba🎃ijiu producing companies in Q3 2017 jumped by 55.6% y/y to RMB 40.2bn. All three ...
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China produces one-third of the world’s meat, a quarter of the world’s fruit and one-fourth of the world’s beer. It also❀ consumes half of the world’s vegetables and a third of the world’s baijiu. In the first nine ...
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