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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 pro🦄ducts 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 Chinese foo𝔉d sector’s revenue in the second quarter of 2020 reached RMB 501.4bn, up by 8.9% y/y, driven by increased sales and prices of some major foods. ﷽;The total profit of the food sector in April-June 2020 rose by 38.8% y/y ...
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China beverage se🃏ctor’s revenue decreased by 0.1% y/y to RMB 383.9bn in the second quarter of 2020, reflecting&nbs☂p;the fallout of the coronavirus pandemic. Beverage retail sales in April-June 2020 increased by 9.4% y/y to RMB 55.9bn, ...
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China produces one-third of the world’s meat, a quarter o🌼f the world’s fruit, and a quarter of the world’s beer. It cཧonsumes half of the world’s vegetables and a third of the world’s baijiu. It is also the ...
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In the first quarter of 2020, China food sector’s revenue dropped by 10.9% y/y to RMB 397.8bn, due to the coronavirus pandemic. The large-scale quarantine also ha🧔rmed the sector’s total profit for that quarter, which slumped by 28.2% y/y ...
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China’s beverage sector reported a significant decrease in revenue in the first quarter of 2020, due to the coronavirus pandemic. Beverage retail sales in January-March 2020 ꦉwere down by 3% y/y to RMB 46.8bn. In Q1 2020, all alcoholic ...
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The growth of China’s healthcare sector continued in the last quarter of 2019, largely stimulated by the online healthcare segment expansion. The growth was attribut𓄧ed to increasing demand for quality healthcare, driven by the country’s ...
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China’s beverage sector reported a significant 𝄹revenue growth in the fourth quarter of 2019, driven by increased sales of soft drinks, baijiu and beer. Beverage retail sales in Q4 2019 were up by 3.5% y/y to RMB 55.1bn. Baijiu sales in ...
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China’s beverage sect𝓡or reported significant revenue growth in the third quarter of 2019, driven by increased sales of soft drinks. The sales of soft drinks in July-September 2019 surged by 27.2% y/y to 54.4mn tonnes. Likewise, the production ...
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China food sector’s revenue grew by 16.2% y/y to RMB 472bn in the third quarter of 2019, as ♊a result of the increase in sales and prices of some major foods. In the first nine months of 2019, the price of meat increased by 15.1% y/y. In ...
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China food sector’s🧸 revenue in the second quarter of 2019 fell by 2% y/y to RMB 460.2bn, due to the decline in sales and prices of some major foods. In Q2 2019, pork sales continued to decline, impactedby African swine fever incidence. The ...
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