Food and Beverage

Industry Description

The food and beverage manufacturing industry involves the processing of primary products. The food manufacturing industry links farmers and other agricultural producers with consumers. They do this by processing raw fruits, vegetables, grains, meats, and dairy products into finished goods ready for the grocer or wholesaler to sell to households, restaurants, or institutional food services.

The food and beverage industry is remarkably diverse. Thousands of different products and many types of processes (including fresh, frozen, chilled, and long shelf-life goods) serve customers ranging from mega-retailers to small chains, independent stores, catering services, restaurants, and exporters.

The industry includes over 30,000 companies, with 3,900 + having more than 100 employees.

The industry is highly competitive and must continue to be aware of the following demands:

• Meeting retailer needs
• Responding to trends
• Managing supply chains
• Managing quality against government regulations

Applicable SIC Codes

• 311 - Food Manufacturing
• 312 - Beverage and tobacco product manufacturing

Critical Requirements

Food and beverage manufacturing companies should evaluate the following Critical Requirements:

ERP Vendors

Food and beverage manufacturing companies should evaluate the following vendors: