The food and beverage industry witnessed a significant decline in growth rate and revenue through 2020 due to the COVID-19 pandemic. Consumers’ preferences shifted toward home-cooked meals while dining out and ordering in reduced significantly. As the industry...
The global food and beverage industry has witnessed trends, challenges, and transformations like no other. Over recent years, all industry players have been substantially impacted by the highly dynamic market and consumers’ changing preferences. As trends, worldviews...
For several months China’s food and beverage companies bore the brunt of demand-supply adversities due to the COVID-19 crisis. The pandemic has also had a severe impact on the global supply chain, food service sector, commodity prices, and demand for essential and...
Fast food companies have enjoyed high profits despite offering products and services at low costs over the years. However, the shifting consumer demand for healthier and premium quality products at the existing price points has left fast-food chains grappling for ways...
Varying consumer preferences and the growing shift towards healthier beverages pose several challenges for companies in the beverages industry, especially when it comes to identifying the profitable market segments. The global beverage industry is currently witnessing...
It takes years of research and study to implement breakthrough innovations in the food industry. But we can proudly say that R&D in the food industry has come a long way. Many advanced technologies that were unheard of probably a decade back are being widely used...
Coffee holds enormous power over the modern generation, especially over the working-class population. Many of you would agree without a second thought that nothing wakes up your senses on a Monday morning as much as the smell of freshly grounded coffee. In short,...
Food is something that makes most of us go weak in the knees. Over the past few decades, the food industry has seen a drastic boom owing to people’s openness to try and experiment with new cuisines from around the world. However, over the past few years, the food...
In the 21st century, social media has emerged as prominent cultural phenomena with large organizations heavily relying on the dedicated tools and platforms to understand the behavior and interests of the buyers. In the food service industry landscape, social media...
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