In 2024, the Global Food and Beverages Value Added, expressed as a share of total manufacturing, showcased significant variations between countries. The Marshall Islands led with a value of 98.6, followed by Ecuador (65.08), and Mongolia (64.53). Nations like Rwanda and Nicaragua also presented high-value contributions of 56.69 and 47.43 respectively. In contrast, countries such as Singapore (4.77), Oman (8.43), and India (9.88) were at the lower end of this spectrum.
Observing year-on-year changes from 2023, Bermuda displayed the highest positive variation at 5.09%, while Serbia recorded a notable decline at -2.36%. Variations amongst other countries indicated a mixed trend with ups and downs reflective of regional economic conditions and policy impacts.
Future trends to watch for in the Global Food and Beverages sector include increasing contributions from emerging markets, potential stabilization in countries experiencing declines, and advancements in food technology influencing production efficiency and value-added metrics.
Top countries in Food and Beverages Value Added by Country
| # | 10 Countries | Percent of Total Manufacturing | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Marshall Islands | 98.6 | 2023 | +0.12% | +0.13% | View data |
| 2 | 2 Ecuador | 65.08 | 2023 | +2.68% | +2.67% | View data |
| 3 | 3 Mongolia | 64.53 | 2023 | +2.84% | +1.65% | View data |
| 4 | 4 Rwanda | 56.69 | 2023 | -0.69% | -0.29% | View data |
| 5 | 5 Nicaragua | 47.43 | 2023 | -0.1% | +0.42% | View data |
| 6 | 6 Mauritius | 41.55 | 2023 | +1.17% | +1.06% | View data |
| 7 | 7 Armenia | 38.23 | 2023 | -1.51% | -1.42% | View data |
| 8 | 8 Costa Rica | 37.87 | 2023 | +0.051% | -0.25% | View data |
| 9 | 9 Argentina | 37.71 | 2023 | +1.78% | +2.6% | View data |
| 10 | 10 Kenya | 36.5 | 2023 | -0.51% | -1.75% | View data |
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