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.
In H1 2025, Colombia's food and beverage manufacturing recovered from the low-growth phase that characterised most of 2023-2024. GVA expanded due to fewer restrictions on the supply side: availability and pricing of key agricultural inputs improved, ...
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According to the Brazilian Food Industry Association (ABIA), Brazil's food and beverage industry strengthened its role as a cornerstone of the national economy in 2024, processing 283mn tonnes of agricultural goods, representing 10.8% of GDP. The ...
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Colombia's food and beverage sector accounts for 27% of the country's manufacturing industry. The sector has endured a complex and uneven performance, reflecting both global macroeconomic pressures and localised climatic shocks. The sector's Gross ...
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The food and beverage manufacturing sector is among the leading economic drivers in Mexico. As of September 2024, it accounted for 25.5% of total manufacturing output value and 5.2% of domestic GDP. By June 2024, total foreign direct investment (FDI) ...
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In H1 2024, the food and beverages sector's GVA contracted by 3.8% y/y. This was due to the reduced performance of certain segments, such as oils and fats (-11.3% y/y), dairy products (-6.3% y/y), bakery products (-8.4% y/y), sugar and panela (-7.9% ...
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With its vast agricultural output, sizable domestic market, strong manufacturing sector, and supportive government policies, Brazil has become a world-leading producer of industrialized food and beverage products. According to the Brazilian ...
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In 2023, Colombia's food and beverages sector decreased in real terms by 2.4% y/y, having presented outstanding growth in 2021 (5.8% y/y) and 2022 (7.5% y/y), and exhibits diverse trends and dynamics across its various segments. Despite a 1.56% y/y ...
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The food and beverages sector in Colombia has shown resilience, not only at the production level by recovering from the COVID-19 pandemic, but also at the consumption level, as despite higher prices Colombians have increased their consumption of milk ...
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The food and beverages manufacturing sector is of great importance for Brazil's employment, value added and foreign trade revenues. According to March 2023 estimates from the Brazilian Association of Food Industries (ABIA), the sector achieved ...
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