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Food and Beverages | Wednesday, June 17, 2020
Due to the rapid adoption of new twists on traditional drinks as well as the enormous popularity of new concepts, large beverage companies align their portfolios to reflect changing consumer preferences. Industry management can see further changes in the beverage landscape in the future.
FREMONT, CA: A huge demand for technology is developing in the food and beverages sector due to climate changes, digital opportunities, and health-focused consumers. The global impact of climate change is encouraging startups to make an innovative change in the industry.
In the past few decades, the dynamics of the food and beverage sector have transformed. The industry has become more customer-oriented, transparent, and enhanced the usage of technology.
Say NO to Plastics
Most of the food and beverage manufacturers are coming up with alternative biodegradable and plastic-free solutions with an innovative packaging system. However, the consumers are becoming aware of the hazards of using the plastic bag, and other such items have also given the businesses more reasons not to use plastic materials. In many countries worldwide, the usage of single-use plastics such as cutlery, stirrers, straws, and plates have already been banned.
The e-restaurants have new standards along with their online services and delivering food at the doorstep of their customers. The food service robots will be making their way into the diners, offering the customers with more refined service. The beverage industry is booming and will continue in the upcoming years with their online orders, fast delivery of food at the counter, service robots, and access to healthy food.
Big Food Companies
The beverage industry is still trying to understand how to attain the trust of their clients and consumers so that they can support their values and be more transparent. The enhancing growth of the new e-commerce channels is challenging for the big players as it is negatively impacting the market share. Food traceability supplier like the blockchain technology will continue to grow, and the new food organizations will adapt to this new technology as it will supply a fast data integration and identification of quality rapidly.
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