What isn’t set to change or grow in the food and beverage
industry in 2012? For instance, food safety will be a growing concern; more food
and beverage companies are moving into the huge market potential of China; and
sales of private label products are set to continue with the growth they have
experienced over the last few years. 2012 is going to be a big challenge for
this industry.
One more area of interest is mergers and acquisitions. This
activity will be increasing this year as available cash and financing are
becoming more available.
However, a more recent trend is that very large companies are
splitting up. In 2012, some of the biggest American food companies will divide
themselves, according to this Foodprocessing.com
article. The companies in question include Kraft Foods Inc. and Sara Lee
Corp. This is fairly recent news, and we may see more of these splits as the
year continues.
For more on the big challenges we’ll be seeing in the food
and beverage industry in 2012, read this new article written by Tompkins
Associates experts: Strategies
to Transform Your Supply Chains in 2012 for the Food & Beverage
Industry.
GoGoGo!
Jim Tompkins
Photo Credit: Michael Karshis