Why agribusiness is important

The Cacao Industry Development Association of Mindanao estimated that around 2, tons of cacao beans is processed to tablea. Carrageenan Among the world's top biggest exporters, the Philippines is a well-known and leading producer of carrageenan. Condiments Condiments and sauces are among the country's essential food products.

In a country where eating and dining is an important social activity, these products are constantly profitable and will continue to experience high levels of demand as the population increases. In this regard, the Philippine condiments industry can enhance its competitiveness in specialty products, as well as explore other export markets in order to increase sales and accelerate growth.

Processed Fruit Dried mangoes is among the more competitive food manufactured products in the Philippines. Because of the wide acceptability of dried mangoes worldwide, the Philippines can reap greater benefits by expanding its market coverage and deepening the value of dried mango production in the country. Processed Meat The Philippine processed meat industry has six different product categories: fresh processed meat products, cured meat pieces, raw-cooked products, pre-cooked products, raw dry — fermented sausages, and dried meat.

Major export products are sausages, corned beef, bacon, luncheon meat, and other indigenous meat products. It is therefore highly important that the agriculture sector, governments and civil society promote inclusive and efficient food systems that integrate farm workers and companies in food value chains. Financing agribusiness can increase the added value of raw materials, strengthening local rural economies, food security and nutrition, and improving the quality of life in many homes at risk of exclusion and vulnerability.

Policies, incentives and regulatory frameworks that safeguard and promote agro-industries have proven to be highly effective at lifting rural populations out of poverty in many countries. Through the Microfinance Foundation , BBVA supports small farmers in rural areas to boost their growth through green microloans. It is also worth noting that companies were selected for the eighth and latest edition of BBVA Momentum.

Of these companies, 40 were from Colombia, 19 from the U. What is BBVA doing for the sustainability of life on land? Each year 13 million hectares over 50, square miles of forests are lost, and 22 percent of known species are in danger of extinction. As part of its commitment to preserve the environment and within the context of its Pledge , BBVA endorses Sustainable Development Goal 15 , which aims to promote the sustainable use of terrestrial ecosystems, combat desertification, reverse land degradation, and halt the loss of biodiversity.

Investment bank. Infographics: Pledge BBVA today announced its strategy around climate change and sustainable development, Pledge What are you looking for? We have worked with many agribusinesses in the area and helped them create their own success stories. Agribusiness is a growth area in Cumberland County and a smart sector to get into for those who appreciate the comprehensive infrastructure in place to assist them with their goals.

Those interested in agribusiness have many options available for financing that we can lay out for you. In addition to supporting many agribusinesses, Cumberland County has a low cost of living compared to surrounding urban areas and an educated, dedicated workforce eager to aid new businesses. Contact us today by filling out our online contact form or calling Back to list March 29, The Importance of Agribusiness With open space, lush fields, an accessible location and a fantastic climate, Cumberland County includes a thriving agribusiness community that provides many necessary services to the area.

This includes companies that: Sell products such as feed and other needed items to farms Provide service to other companies in the agribusiness category, such as making herbicides Transport, process and manufacture, market or distribute agriculture products While some of agribusiness belongs to the public sector, you find a great deal in the private sector, as well, including many in this area. Prominent food processing facilities and agribusinesses in Cumberland County include: Kessler Foods, Inc.

We can assist you with securing: A Location for Your Business: Our site selection and development services can help you identify the right place to build or expand your business. Agribusinesses often need large tracts of land with ample space.