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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 fina🦩l 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 Philippines’ food and beverage (F&B) sector is a vital cog in the country’s consumption-driven economy. On the one hand, it supplies food and beverages to r🐼oughly 100mn Filipinos and offers jobs to both skilled and unskilled ...
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The revenue of China’s food sector in Q3 2021 reached RMB 518.6bn (up by 1.4% y/y), driven by increased sales and prices of some significant foods. The total profit of the food sector in July – September 2🃏021 ...
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Argentina is recognised as a le𝄹ading global player in the production and export of food and beverages, ranking among the 10 biggest global producers of vegetable oils, soybean by-products, pasta and wine. The 🌺sector plays a relevant role in ...
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The revenue of China’s food sector in the second quarter of 2021 reached RMB 507.1bn, up by 1.1% y/y, dri❀ven by increased sales and prices of some major foods. The total profit of the food sector in April-June 2021 pluꦆnged by 24.2% ...
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