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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 product𝓰s 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 beverag⛄es, 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.
China’s beverage sector reported significant revenue growth in the third quarter of 2019, driven by increased sales of s๊oft 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 f🧔ood 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 som🐼e major foods. In the first nine months of 2019, the price of meat increased by 15.1% y/y. In ...
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Physical retail in Thailand is still growing, in contrast to the situation in many developed countries, which has triggered ruminations about a possible “retail apocalypse.”♋ Thailand remains a growing, upper-m𒁃iddle income country, and ...
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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 decl✅ine, impactedby African swine fev𒊎er incidence. The ...
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The revenue of China’s beverage sector cওontinued to decline in the second quarter of 2019, mainly due to decreased sales of alcoholic beverages. Baijiu sales in April-June 2019 plunged by 19.6% y/y to 1.8bn litres. Baijiu ...
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The F&B sector is a pillar of the Malaysian economy, propelled both by robust domestic demand and healthy exports🍰. The country is a regional halal F&B export major which is an additional advantage. The F&B sector has a mixed of ...
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The revenue of China’s beverage sector continued to decline in the first quarter of🎀 2019, mainly due to dౠecreased sales of soft drinks and baijiu. Beverage retail sales in Q1 2019 were down by 0.1% y/y to RMB 48.2bn. Baijiu sales in ...
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China food sector’s revenue in the first quarter of 2019 fell by 10.3% y/y to RMB 446.7bn, mainly due to the decline in some major food prices. In Q1 2019, por𝔉k price slid by 1.2% y/y. The prices of aquatic p🐈roducts and refined edible vegetable ...
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The manufacturing industry in the Philippines is the to🐠p contributor to the country’s economic growth, and the food and beverage (F&B) sector is among the largest contributors within the manufacturing industry. The F&B sector accounted ...
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The revenue of China’s food sector registered a slight increase of 1.9% y⛦/y to RMB 461.4bn in the last quarter of 2018. The revenue in 2018 slumped by 17.1% y/y to RMB 1,834.8bn, mainly due to an 8.1% decline in pork prices. The total profit of ...
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