Food and Beverage
The food and beverage landscape is fast-changing; consumer demand and changing shopping habits are providing opportunities for businesses to expand and diversify globally.Food manufacturing is set to be an industry most affected by AI technologies, while the complex array of industry-specific regulations around the world, inflation and the battle between grocery retailers to maintain market share also creates a challenging environment.
Food & Beverage in numbers
Globally, the most environmentally conscious consumers are worth $382bn to the FMCG sector
Source: Kantar
The F&B sector is expected to recover and grow at a CAGR of 6% from 2021 and reach $21 billion in 2023
Source: Global Newswire
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