Food & Beverages

The food and beverage (F&B) industry includes all companies involved in processing raw food materials, as well as those packaging and distributing them. This includes fresh, prepared foods as well as packaged foods, and both alcoholic and non-alcoholic beverages. 

The food and beverage industry is divided into two major segments, which are the production and the distribution of edible goods. The first group, production, includes the processing of meats and cheeses and the creation of soft drinks, alcoholic beverages, packaged foods, and other modified foods. Any product meant for human consumption, aside from pharmaceuticals, passes through this sector. Production also covers the processing of meats, cheeses and packaged foods, dairy and alcoholic beverages. The production sector excludes foods and fresh produce that are directly produced via farming, as these fall under agriculture.