The food manufacturing industry is a major contributor to the global economy, providing jobs and income for millions of people around the world. As the industry continues to grow, it is important to understand the latest trends and statistics in order to make informed decisions.
In this article, we will take a look at the latest food manufacturing industry statistics, including production output, employment, and more. We will also discuss the implications of these figures for the future of the industry. By understanding the current state of the food manufacturing industry, businesses and investors can make better decisions and plan for the future.
Food Manufacturing Industry: Important Statistics
In 2020, 0.4 million people were employed in the UK’s food manufacturing industry.
In 2020, food manufacturers in the UK had a total turnover of 84.29 billion British pounds.
Food Manufacturing Industry: Statistics Overview
Food Manufacturing Industry Statistics reveal that there is an even gender ratio of 50% women and 50% men, with an average age of 38 and a gender pay gap of $452.
his highlights the need for equal pay for equal work, and for the industry to take steps to ensure that women are not being underpaid for their work.
It also shows that the industry is making progress in terms of gender equality, as the gender ratio is even.
75% of food manufacturing giants in the UK pay their male employees more than their female workers, with only 45 out of 214 companies having a higher median hourly pay for women.
This shows the gender pay gap that exists in the industry, which can lead to unequal opportunities and pay for female workers.
This inequality can have a negative impact on the industry as a whole, as it can lead to a lack of diversity and a decrease in productivity.
The number of employees in the UK food products manufacturing sector peaked in 2007 with 410,141 workers and reached its lowest in 2012 with 353,510 employees, before climbing back up to 410,050 in 2017.
The overall trend in the number of employees in the sector over the past decade is shown with this data, which can be used to inform decisions about the industry and its future.
In 2020, 0.4 million people were employed in the UK’s food manufacturing industry.
This provides insight into the size of the food manufacturing industry in the UK, which is a key sector of the food industry.
It also provides an indication of the number of people employed in the industry, which can be used to assess the economic impact of the industry and its contribution to the UK economy.
In 2020, food manufacturers in the UK had a total turnover of 84.29 billion British pounds.
The overall financial health of the food manufacturing industry in the UK is shown with this statistic, which is a key indicator of the industry’s performance and potential for growth. It also provides insight into the size of the industry and the potential for further expansion.
The food manufacturing industry in Canada saw an increase of 5 million Canadian dollars in revenue from 2019 to 2020, amounting to around 121 billion Canadian dollars in 2020.
The food manufacturing industry in Canada is growing and is becoming more profitable. This is important for the industry as it can help to attract more investment and create more jobs.
Additionally, it can provide insight into the economic health of the industry and the country as a whole.
80% of Food & Beverage manufacturing in the US were concerned about the U.S. economy due to Covid-19 in April 2020.
This shows the impact that the Covid-19 pandemic has had on the Food & Beverage manufacturing industry in the US.
The economic uncertainty caused by the pandemic has caused a great deal of concern for the industry, which could have a long-term effect on the industry’s ability to remain competitive.
Food manufacturers are facing labour shortages, shutdowns and an increased focus on health and safety due to the Covid-19 pandemic, which is disrupting output.
This highlights the need for food manufacturers to prioritize health and safety of their workers in order to ensure the continuity of their business operations.
Food production workers in the US make an average of $30,076 per year or $14.46 per hour, with salaries ranging from $24,000 to $36,000.
The indication of the wages that food production workers can expect to earn in the US is shown with this data, and how location can impact their salary. This information is important for employers and employees in the food manufacturing industry to understand.
The median wage for food processing workers in the US is $31,890 (annual wage) and $15.33 (hourly wage).
Those insights can help employers and policymakers understand the financial needs of these workers. It can also be used to compare wages across different industries and regions, as well as to inform decisions about wages and benefits for food processing workers.
Conclusion
The food manufacturing industry is an important part of the global economy and is expected to continue to grow in the coming years. The industry is highly competitive and requires companies to stay ahead of the curve in order to remain successful.
By understanding the current industry statistics and trends, companies can make informed decisions that will help them stay competitive and profitable. With the right strategies and investments, the food manufacturing industry can continue to be a major contributor to the global economy.
References
1 – https://www.zippia.com/food-production-worker-jobs/demographics/
2 – https://www.just-food.com/features/exclusive-how-big-is-the-gender-pay-gap-in-the-uk-food-manufacturing-industry/
3 – https://www.statista.com/statistics/425046/number-of-employees-food-products-manufacturing-sector-united-kingdom/
4 – https://www.statista.com/statistics/315898/food-sector-workforce-in-the-united-kingdom-uk-by-sector/
5 – https://www.statista.com/statistics/290157/manufacture-of-food-products-turnover-in-the-united-kingdom-uk/
6 – https://www.statista.com/statistics/734870/annual-revenue-of-food-manufacture-in-canada/
7 – https://www.statista.com/statistics/1113712/coronavirus-areas-of-concern-for-f-and-b-manufacturers-us/
8 – https://www.verdictfoodservice.com/features/producing-the-goods-covid-19s-impact-on-food-manufacturing/
9 – https://www.zippia.com/food-production-worker-jobs/salary/
10 – https://www.bls.gov/oes/current/oes513099.htm
