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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 transform🙈ation 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 distrib🔴ution to consumers.
The revenue of China’s beverage sector continued to decline in the second quarter of 2019, mainly due to decreased sales of a♏lcoholic beverages. Baijiu sales in April-June 2019 plunged by 19.6% y/y to 1.8bn litres. Baijiu ...
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The revenue of China’s beverage sector continued to decline in the firs𒁏t quarter of 2019, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales in Q1 2019 were down by 0.1% y/y to RMB 48.2bn. Baijiu sales in ...
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China food sector’🦂s revenue in the first quarter of 2019 fell by 10.3% y/y to RMB 446.7bn, mainly due to the decline in some major food prices. In Q1 2019, pork price s🔯lid by 1.2% y/y. The prices of aquatic products and refined edible vegetable ...
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The revenue of China’s food sector registered a slight increase of 1.9% y/y to RMB 461.4bn in the last quarter of 2018.ꦫ The revenue in 2018 slumped by 17.1% y/y to RMB 1,834.8bn, mainly due to an 8.1% decline in pork prices. The total🍎 profit of ...
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China produces one-third of the world’s meat, a quarter of the its fruit and one-fourth of it꧂s beer. It accounts for one half of global consumption of vegetables and a third of the baijiu consumed in the world. It is also the world’s ...
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The revenue of China’s beverage sector continued to decline in 2018, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales in Q4 2018 were down bꦅy 1.6% y/y to RMB 53.2bn, and in the full 2018 they fell by 10.3% y/y to ...
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China’s beverage sector revenue continuꦇed to decline in the third quarter of 2018, mainly due to decreased sales of soജft drinks and baijiu. Beverage retail sales in July-September 2018 dropped by 16.5% y/y to RMB 52.5bn. Baijiu sales in ...
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China food sector’s revenue in the third quarter of 2018 slumped by 27.5% y/y to RMB 406.1bn, mainly due to declined prices of meat and refined edible vegetable oil. Meat prices in the first nine months of 2018 slipped by 5.3%ꦦ y/y because of a ...
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