FoodDrinkEurope's latest Data & Trends 2021 report is now available, providing comprehensive statistics and insights on the EU food and drink industry. Data & Trends 2021 shows that the EU food and drink industry employs 4.5 million people, generates a turnover of €1.1 trillion and €222 billion in value added, making it one of the largest.. Further driving growth, 72 percent of frozen food consumers combine frozen and fresh ingredients according to the American Frozen Food Institute, and Statista notes that frozen pizza sales in the.

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The Latest Food Beverage Industry Statistics Explained. The global food and beverage industry was worth $5.9 trillion US dollars in 2021. The statistic that the global food and beverage industry was worth $5.9 trillion US dollars in 2021 represents the total market value of all goods and services produced within this sector worldwide.. Food and beverage industry outlook: Key takeaways. Food and beverage businesses face infrastructure investment challenges, but Fed rate cuts could provide relief. Driving up sales volume will be key to offsetting an environment of lower pricing that spills into 2024. Technology and process improvements will provide long-run benefits but pose.