Digital Trends In Food And Beverage Industry
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On trend food and beverage companies are still attractive to both private equity pe firms and large brands however it s likely mergers and acquisitions size will be further reduced compared to 2019 activity.
Digital trends in food and beverage industry. However new trends point towards digital disruption finally resulting in the growth of food and beverage industry e commerce. Sep 10 2020 ab digital via comtex global ready to drink industry new study reports ready to drink market. Here are 6 trends in digitization that are driving food and beverage manufacturing. According to rsm s recent food and beverage monitor survey 64 percent of thriving companies have implemented e commerce technologies.
Digitization provides the opportunity to increase engagement and collaboration among the personnel pool especially for those of younger generations that are more familiar with digital technology. Social media is the best place for reaching new and retaining old customers for f b businesses as brands from this vertical perform best here. Look at us now we can confidently talk of trends even in the food and beverage industry. Alone and will rank as the fastest growing product category online.
But food and beverage companies need to also focus on the demand chain. Food and beverage industry. The marketwatch news department was not involved in the creation of this content. Seemingly things are changing more quickly than expected.
Are you digital enough. This article discusses the various trends that shape the beverage and food industry in 2020. It was just yesterday that the word trends was only heard in automobile and fashion discussions. Without a doubt the food and beverage industry is undergoing a revolution.
Top trends in the food and beverage industry according to 2019 data from emarketer grocery e commerce will grow 18 this year in the u s. Digital food beverage is the meeting place where 450 digital marketing and ecommerce professionals from the most disruptive companies in food and beverage come together and benchmark to better serve their customers while growing their online business faster. Naturally we could mention all the new current trends in the sector by mentioning those related to plants sustainable development or even snack food to name but a few. The only event for all players in food beverage.
Many companies have been focusing their digital transformation efforts on the supply chain.