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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 & Beverage (F&B) industry in ASEAN (focused on five key markets including Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) is undergoing rapid transformation, driven by evolving consumer preferences, intensifying competition, and ...
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Often referred to as "the kitchen of the world", Thailand has gained this recognition due to its prominent role as a global food exporter, and its rich culinary heritage and diverse cuisine. The food and beverage industry is a key sector for the Thai ...
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The Food and Beverage (F&B) sector plays a crucial role in the economic landscape of ASEAN countries (Brunei, Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam) through its contribution to ...
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The food and beverage industry is a key sector for the Thai economy, generating almost 6% of the country's annual GDP. The sector is still recovering from the negative effects of the COVID-19 pandemic, with its gross value added (GVA) in 2023 still ...
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Thailand's agribusiness and food & beverage sectors accounted for 8.7% and 6%, respectively, of the GDP, rising by 2.25% y/y and 2.18%, respectively, in 2021, as both sectors showed the first signs of recovery after the negative effects of COVID-19 ...
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Thailand has a long-established reputation for being the “kitchen of the world”, with its food and beverage producers reaching consumers worldwide. Thailand is Asia’s second-largest net food exporter. The country ...
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