Food Processing
30% Employed in agriculture
42%
Of the total land area in Sri Lanka is devoted to Agriculture
120+ Agriculture projects operating under BOI
1000+ Agriculture graduates from Universities annually
8% Share of agriculture in GDP
This sector has progressed from the basics of preservation, packaging and transportation, to emerging products and technologies. Widening its scope to new items such as ready-to-eat food, beverages, processed and frozen fruit and vegetable products, marine and meat products, the sector seeks investment in post-harvest infrastructure such as cold storage facilities and packaging.
Potential Areas for Investment
• Fruits and vegetables (Canned, frozen, juices, pre-cut and ready-made salads, dried and dehydrated)
• Aquaculture
• Value added coconut products
• Value added spice products
• Confectionery and bakery products
Export Performance - Food & Beverage Sector- 2013 – 2022
Source : www.srilankabusiness.com
Major Markets - Food & Beverage Sector – 2022
Source : www.srilankabusiness.com
Food & Beverages Contribution to total Merchandise Exports 2011-2023 Feb
Source : www.srilankabusiness.com