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Food & Bev showing resilience. Read more on the trends & challenges

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🏭 𝐌𝐀𝐍𝐔𝐅𝐀𝐂𝐓𝐔𝐑𝐈𝐍𝐆 𝐒𝐏𝐎𝐓𝐋𝐈𝐆𝐇𝐓: 𝐅𝐨𝐨𝐝 & 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐒𝐞𝐜𝐭𝐨𝐫 𝐒𝐡𝐨𝐰𝐬 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 While many manufacturing sectors face headwinds, food and beverage continues to shine in 2024-25! Despite higher costs and supply chain challenges, this sector is proving remarkably adaptable. 𝐀 𝐟𝐚𝐬𝐜𝐢𝐧𝐚𝐭𝐢𝐧𝐠 𝐭𝐫𝐞𝐧𝐝:  The beverage industry has seen a 351% growth in manufacturing establishments over the last 20 years, driven by craft breweries, seltzers, and innovative drinks. Food manufacturing also grew by 20% during this period. 𝐁𝐮𝐭 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐫𝐞𝐦𝐚𝐢𝐧:  Rising input costs, talent retention, and supply chain disruptions are pushing the industry to innovate. We're seeing increased investment in automation, AI for inventory management, and smart operations. 𝑾𝒉𝒂𝒕 𝒊𝒏𝒏𝒐𝒗𝒂𝒕𝒊𝒐𝒏𝒔 𝒂𝒓𝒆 𝒚𝒐𝒖 𝒔𝒆𝒆𝒊𝒏𝒈 𝒊𝒏 𝒇𝒐𝒐𝒅 & 𝒃𝒆𝒗𝒆𝒓𝒂𝒈𝒆 𝒎𝒂𝒏𝒖𝒇𝒂𝒄𝒕𝒖𝒓𝒊𝒏𝒈? 𝑯𝒐𝒘 𝒊𝒔 𝒚𝒐𝒖𝒓 𝒄𝒐𝒎𝒑𝒂𝒏𝒚 𝒂𝒅𝒂𝒑𝒕𝒊𝒏𝒈 𝒕𝒐 𝒕𝒉𝒆𝒔𝒆 𝒄𝒉𝒂𝒏𝒈𝒆𝒔? Credit: Deloitte, full article linkedin the comments #Manufacturing #FoodAndBeverage #Innovation #Industry #SupplyChain #CPG

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