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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 rev☂enue of China’s beverage sector continued to decline in the second quarte𒐪r of 2018, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales dropped by 12.3% y/y to RMB 50bn in Q2 2018. Baijiu sales volume plunged ...
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China’s food sector revenue in the first quarter of 2018 dropped by 13.6% y/y to RM🥂B 498bn, mainly due to decreased prices of pork. Pork prices in Q1 2018 slid by 9.9% y/y, as a result of declining live pig prices. The total profit of the food ...
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China beverage sector’s revenue declined for the second straight quarter in Q1 2018, reflecting lower sales volumes of soft drinks and baijiu. Beve🍰rage retail sales in Q1 2018 fell by 9.6% y/y to RMB 48.3bn. Baijiu sale volumes slumped by 20.3% ...
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China is the largest alcoholic💫 beverage producer and consumer in the world, consuming one-third of the world’s spirits and a quarter of the world’s beer. Its beer production ranked first in the world for 14 consecutive years and the ...
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In Q4 2017, the revenue of China’s food sector declined by 21.9% y/y to RMB 550.𝔉♊7bn mostly due to lower food prices. Food prices went down by 1.4% y/y in 2017, mainly because of sufficient supplies of pork and fresh vegetables. In 2017 pork ...
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Malaysia has a growing domestic F&B market, driven by a growing population and rising income. The market research company BMI Research estimated the Malaysian F&B market in 20ꩲ17 – including food sales, alcoholic drinks spending a🤡nd ...
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The manufacturing industry in the Philippines is the top contributor to the country’s economic growth, while the food and beverage (F&B) sector is among the largest contributors within the manufacturing industry. The🍬 F&B 𝓡sector ...
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In the third quarter of 2017, the revenue of China’s food manufacturing sector was RMB 559.9bn, down by 7.2% y/y. The d🎃ownward trend in overall food prices continued, however, the🍸 decline was slower compared to that in the first and second ...
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The growth of China’s beverage sector remained stable in Q3 2017, supported by increased sales of high-end baijiu. The total sales revenue of the 17 listed ♛baijiu producing companies in Q3 2017 jumped by 55.6% y/y to RMB 40.2bn. All three .𓃲..
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﷽China produces one-third of the world’s meat, a quarter of the world’s fruit and one-fourth of the world’s beer. It also consumes half of the world’s vegetables and a third of the world&r൩squo;s baijiu. In the first nine ...
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