Food is an important part of our lives, which is why it is worth understanding and improving how it is grown, produced and transported. The food industry involves a series of industrial activities aimed at the processing, transformation, preparation, preservation and packaging of food products. In this sector the food industry focuses on activities that connect demand, supply and consumption of food for the growing population. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay The growth trend in the food sector plays an important role and can be directly associated with the agricultural sector. The agricultural sector is the essential key component of the food sector because this sector provides the raw materials for food processing for consumers in their daily food consumption. The government is also the key factor for the development of the food sector as it supports the agricultural sector in order to develop and improve people's needs in terms of food consumption. We also need to take into consideration supply and demand, how supply affects demand and how demand affects supply of a particular product. For example, when the supply of an agricultural product increases, the price of the product decreases, and demand for the product may increase because its cost decreases. If we talk about agricultural products, there are four main important agricultural products and these are; crops, livestock, poultry and fisheries. Since the Philippines is an agricultural based country and these four major agricultural sector products are rich in the country, these major products are the reason for our food consumption satisfaction and our survival, however there are some situations where the production of these products decreases in some years due to different scenarios, for example in 2009 and 2010 there was a drought during 2009, causing a decrease in production in 2010 because the production volume in 2010 is the consequence of the drought that occurred in 2009. In 2013, rice crop production was devastated by Typhoon Haiyan (Yolanda). In 2015 the performance of the sector was negatively affected by the long drought and the damage caused by typhoon Lando and, due to this typhoon, in 2016 the palay and corn farms which suffered the greatest damage, and in 2016 the excessive drought also due to the strong El Niño due to excessively wet conditions due to typhoons and due to these events the supply of crops has decreased, impacting production and consumers, as I mentioned above in the discussion on supply and demand. Please note: this is just an example. Get a custom paper now from our expert writers. Get a Custom Essay The prospects of the food industry today are rising and will continue to rise for many years because the growing demand for convenience has led to the expansion of the Philippine food industry in the form of fast-food restaurants and casual dining restaurants. Corporate restaurants are also growing, especially in Metro Manila due to its rapid population growth and increased demand for products. Competition for fast food restaurants offering different advertising concepts convincing customers to try their products, with restaurant operators always interested in having new and exciting menu concepts to captivate consumers.