“The growth of the food and beverage sector is among the consequences or effects of Queretaro’s development, as a result to the settlement and consolidation of large companies which leads to local consumption, and also to the arrival of small businesses related to the same segment. Juan Ignacio Ituarte, Economic Development Sub-secretary of the state’s Sustainable Development Office, explained that, according to INEGI’s last data, the annual growth of the food and beverages industry as of 2012 was 5.8 per cent; and the accumulated growth for the last four years has been 25.5 per cent. As for investment, the Sub-secretary stated that the biotechnology sector ended 2013 with an amount of 1,408 million pesos in Queretaro. This year, the economy is expected to grow, between 6 and 7%, supported by market diversification. * With information from El Economista”
http://www.queretarotoday.com/food-and-drink-in-queretaro
