A growing sector in Europe and Portugal The food sector is one of the fastest growing sectors in Europe in recent times. According to the annual report - Data & Trends EU Food & Drink Industry 2019 - by FoodDrinkEurope, the food and drinks industry remains the largest production sector in terms of turnover, added value and jobs created. The numbers don't lie. With 1,192 billion euros generated, 2.1% gross added value, 4,7 million people employed and 294,000 active companies,