Secure shopping
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 revenue of China’s food sector in the second quarter of 2021 reached RMB 507.1bn, up by 1.1% y/y, driven by increased sales and prices of some major foods. The total profit of the food sector in April-June 2021 plunged by 24.2% ...
View more details
China produces one-third of the world’s meat, a quarter of the world’s fruit, and a quarter of the world’s beer. Additionally, it consumes half of the world’s vegetables and a third of the world’s baijiu. It is also ...
View more details
The F&B sector is identified as a fast-growing industry in Malaysia, dominated by small and medium enterprises (SMEs). According to Food and Beverage Industry – Malaysia 2020 report by Flanders Investment and Trade, the F&B ...
View more details
The revenue of China’s beverage sector jumped by 29.1% y/y to RMB 409bn in Q1 2021, driven by increased sales. Beverage retail sales for the same period surged by 37.8% y/y to RMB 64.4bn. The sector’s total profit reached RMB 76 ...
View more details
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 ...
View more details
The revenue of China’s food sector in Q1 2021 reached RMB 489.2bn, up by 23% y/y, driven by increased sales and prices of some major foods. The total profit of the food sector in January-March 2021 soared by 37.8% y/y ...
View more details
The revenue of China’s beverage sector rose by 3.3% y/y to RMB 390.4bn in the fourth quarter of 2020, driven by increased sales of high-end baijiu and grape wine. Beverage retail sales in October-December 2020 surged by 19 ...
View more details