Food & Beverage Industry Trends: 2021 Year In Review
While 2020 was a year characterized by uncertainty and adaptability, 2021 was a year in which companies responded to macro changes and implemented new strategies.
Within the Food & Beverage industry, consumers made lifestyle shifts that further prioritized sustainability, plant-based food, localization, global/ethnic flavors, premiumization, and traceability.
In addition, the COVID-19 pandemic increased consumers’ sense of “self-care,” forcing them to be even more conscious about health and wellness, including greater consumption of functional products. Consumers are demanding more from the foods and beverages they consume and expect them to fulfill more needs than just appetite or thirst.
Food & Beverage Trends in 2021
In our full 43-page Food & Beverage Insider Special Report: 2021 Year In Review, we cover four major food & beverage trends we have seen grow over the past 12 months:
- Food & Beverage Supply Chain Disruptions
- Sustainability and Traceability Driving Demand
- Direct-to-Consumer (DTC)
- Increasingly Dynamic Consumer Food & Beverage Preferences
Interested in a deeper dive into the previous 12 months in the food & beverage industry? Download our full report today.
Our Global Food & Beverage Investment Banking Team provides extensive sector-specific expertise and close relationships with global buyers and sellers, both within local markets and throughout the world. We have a deep understanding of the strategic, financial, and operational factors impacting middle market companies and have a long track record of success in representing companies in M&A advisory.