Process Innovation in the U.S. Food and Beverage Industry

Nonetheless, there are some amazing statistics regarding our shopping behavior and choices at the checkout as well as our perspective on and purchase of food that we can most surely credit the epidemic. This in mind, let us assess the effort to remain competitive and relevant to consumers as well as the saturated market for food and beverage processing and manufacture Let's return to basics. Faster than the world average, US edible grocery sales rose by 7.8% in 2020. While online grocery sales surged quickly in 2019, traditional grocery store sales rose by less than two percent globally. Examining US grocery stores, smaller businesses saw a decline in the number of physical stores while larger supermarket chains with annual revenues of more than $30 million reported a minor increase in store openings in recent years. The retail scene has become quite competitive as many different shop models create major influence Food retail is changing in tandem with notable changes in customer b...