The Agrarian and fisheries sectors make up the agri-food industry. All these products are sourced from agriculture, forestry, livestock, and fishing by the food, beverage, and Tobacco industry.
Being one of the top economic sectors of Spain, the agri-food industry constitutes the highest percentage of food exports. While Spain has secured its position in the international market, Italy, France, Netherlands and Germany are much behind China and Brazil in terms of food production and supply.
Spain has set the bar too high with its excellent product quality. Lion’s share of market gains goes to Spain for its competitive agri-food industry.
A recent study revealed the importance of science in the agri-food industry. The International Agro-Food Trade Network (IFTN) represents a system of complex supply chains with stable import and export businesses. Moreover, the study brought some interesting facts to light about seven different countries currently being the top players in the agri-food industry. These countries have extended their trade to 77% of other countries from around the globe.
More research is being conducted to analyze how competitive the agri-food industry has become worldwide along with the flux of opportunities it creates in the international market. Special variables like food quality, variety, target audience, and innovative methods will be kept under consideration.