Can't make this tour? From a global pandemic, supply chain disruptions, labor shortages, shifting consumer demands, food safety and environmental regulations, and everything else in between, the food and beverage industry has seen a dramatic change in landscape. To learn more about how these ongoing changes are impacting food and beverage businesses’ strategies, we commissioned IDC to write this whitepaper: Global Food and Beverage Industry Trends and Strategic Insights 2022.
Here are a handful of the most telling statistics from the whitepaper:
- Sustainability is still the top trend to prioritize over the next year for respondents, with almost 40% selecting it as the most important, right ahead of waste reduction (34%) and food safety (32%).
- Inflation was chosen as the most crucial risk to mitigate, with 37% of respondents indicating it was a critical consideration, but changes in consumer demands was right behind it at 36%
- Roughly 75% of respondents have seen KPI improvements across the board as a result of digital transformation initiatives with a further 45-55% of food and beverage companies expecting to see greater improvements in the next year
- Companies using food and beverage specific ERP saw a 5.3% increase in revenue compared to the 2.9% increase in revenue seen by companies using a generic ERP
Download your free copy of the IDC Whitepaper, Global Food and Beverage Industry Trends and Strategic Insights 2022 (#US49610922), to dive into the full findings.
