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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 pro🌄ducts are usually sold to wholesalers and retailers for distribution to consumers.
The Chinese food 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 s♚ector💧 in April-June 2020 rose by 38.8% y/y ...
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China beverage sector’s revenue decreased by 0.1% y/y to RMB 383.9bn in the seco♊nd quarter of 2020, reflecting 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🍎 of the world’s fruit, and a quarter of the world’s beer. It consumes half of the world’s vegetables and a third of the world’s baijiu. It is also the ...
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Thailand’s food and beverages sector, among th🌺e most developed in the world, is the country’s third-largest by value, contributing 23% to national GDP. Thailand’s major food exports include rice, canned tuna, sugar, meat, cassava ...
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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 pande🍨mic. The large-scale quarantine also harmed 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 co🌸ronavirus pandemic. Be🌱verage retail sales in January-March 2020 were 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 contin✨ued in the last quarter of 2019, largely stimulated by the online healthcare segmeღnt expansion. The growth was attributed to increasing demand for quality healthcare, driven by the country’s ...
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The Indonesian food and beverage manufacturing sector is an important source of economic growth and is seen by the government as a strategically imporﷺtant industry. It contributed 6.3% to the nominal GDP in 2018 and▨ expanded faster than the overall ...
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China’s beverage sector reported a significant revenue growth in the fourth quar𒉰ter 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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India is one of the global leaders in the food and beverage industry, with prominent positions in the production of dairy, meat products, refined sugar and spirit🎃s. The GVA of the food and beverage sector i♕s consistently growing but challenges such ...
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