Brazil: Food and beverage sector shows 35.85% increase in market value in 2012

Brazilian food and beverage sector showed the largest increase in market value in 2012: up 35.85% versus 2011, to R$355.4 bln, a report by industry analysts Economatica said on January, 3.

Brazil’s largest beer maker Ambev achieved the largest increase in market value, by 40.89% to R$264.2 bln, followed by Bradesco, one of the nation’s biggest banking and financial services companies, with 23.31% to R$131.9 bln.

04 January, 2013