Food and Drink

Challenges Faced by Food & Beverage Industry

With the steady rise in the global population, the demand for food and beverages is growing proportionally. The staggering scale, magnitude, and complexity of the food and beverage industry make it hard to have a generalized viewpoint on its incumbent challenges. From revised safety regulations and food recalls, to the fast-changing, often elusive consumer palate, start-ups in this sector need a safety net to make their mark today. Especially after the Covid-19 outbreak that has multiplied the challenges, relying on a food and beverage advanced analytics company for concrete, data-driven insights is a wise decision.

Here are the top 4 challenges faced by food and beverage businesses worldwide today:-

Stricter Health Regulations in the wake of the Covid-19 pandemic

Companies today need to devote much greater time and resources towards food safety compliance than ever before. Amidst rising health concerns, the biggest publicity debacle for your business can be a partial or complete food recall. The latest food and beverage analytics from data scientists have a crucial insight in this regard. Companies that are relying on advanced AI-based mechanisms to ensure compliance are doing far better than those that are using the traditional manual-check approach.

Discontinuation of Single-Use Plastics

In most countries, governments have enforced a ban on single-use plastics which have had a devastating impact on the environment. While this ban was much-needed, it has adversely affected many supply chains that were heavily reliant on plastics. The impending challenge now is to find suitable, cost-effective alternatives that are most importantly eco-friendly and recyclable.

Rising Operational Costs across the Supply Chain

In the throes of the pandemic, they might not perceive this as an immediate challenge. But as per the Food and beverage analytics conducted by top data analysts, mismanagement of labour costs is amongst the biggest contributors to companies going bust in the food business. Owing to inflation, both raw material and labour costs are increasing consistently. The losses caused by the Covid-19 shutdowns and supply chain disruptions have wreaked havoc on the balance sheet of most food and beverage businesses. One effective way of bringing down labour costs is by investing in suitable automotive processes with a high ROI.

Complex and Fluctuating Consumer Demands

Not only are consumer demands getting increasingly complex, but they are also prone to change quite often. Keeping pace is indeed a big challenge and companies are spending tons of money on mapping consumer behaviour, preferences, and purchase patterns. On one hand, there is a massive rise in demand for health foods and immunity boosters. On the other hand, there is also a staggering demand witnessed for indulgence and comfort foods. Then of course, there is a perceptible shift towards sustainable food and beverage products, a strong preference for plant-based sources, and healthy, alternative sources of protein. With 3D food printing and 3D food mapping, there is a consumer revolution of sorts, flooding them with options and choices that they have never had before.

Heralding a Data-driven Approach in Food & Beverage Industry

AI-based tools, digitization, and a data-centric approach are being hailed as saviours for food and beverage businesses to flourish, thrive, and grow amidst the pressing challenges as enlisted above. To reap the complete benefits of big data, AI, and digitization, you should ideally hire and train an in-house team to implement a strong data-driven approach across your business operations. But not all business owners have the time and resources for this. The best solution thus lies in outsourcing your business forecasting requirements to an experienced Food and Beverage Advanced Analytics Company. This can help you gain a competitive advantage and resolve complex challenges successfully, well within your available resources.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Anadolu Yakası Eve Gelen escortMaltepe Escortdeneme bonusudeneme bonusu veren sitelerldapman.orgAnadolu Yakası Escortescorthttp://www.escortbayanlariz.netKepez Escortcasino sitelerifixbetcasinoplussahabetdeneme bonusuistanbul escortküçükçekmece escortotobet twittertempobetbizbet giriş7slots twittersweet bonanza bonus7slots yasal mı7slots nasıl para çekilir7slots apk indirtempobet giriş linkisugar rush freegates of olympus 1000 demogates of olympus 1000big bass bonanza demoankara escortbankobet üyelikcasino x üyelikbizimbahis mobilotobetgrandpashabetmostbetroketbet twitterroketbet üyelikxslot üyelikotobet üyelikbetmatik giriş twitterJojobetpin up girişcasibom girişevcil hayvan sahiplendirmebetmabetorjinbet girişpumabet üyelikrexabet üyelikfatih eskortataköy escortchumba casinochumba casino $100 free playluckyland slotsbakırköy escortholiganbetstake bettingcasino worldbetriversding ding ding casinocasino worldmcluck casino loginhello millionswow vegaspulsz bingopulsz casino real moneyding ding dingfunrize loginsweepslotssweepslots loginonwinonwin giriştao fortunehouse of fun slots casinosportzinovaycasinocasino https://www.welovebirds.org/playfame casinothe money factorycaesars social casino loginspree casinoluckybirdluckybirdmoonspin casino no deposit bonuscash frenzy free slotscash frenzy free slotsbig fish casinorolling richesgrandpashabetgrandpashabetgrandpashabetcratosroyalbetgrandpashabetbetwoontao fortune casinocrown coins casinofunzcityfortune wheelzreal prize casinomega bonanzaslots era jackpotcarnival citi sweepstakesnolimitcoin sweestakesthe money factory casinoslotparkyay casinotrendbettrendbetsweep coins casinossweeps cash casinosTokyobetnew sweepstakes casinossweeps slotsfree sc casinofree sweepstakes casinosweepstake casinono deposit sweepstakes casinofree sc casino real moneyfirespin casinofirespin casino bonussweeps coins casinosweeps coins casinossweep coin casinosweep coin casinosocial casino no depositfree sc coins casinofree sc coinsnew sweepstakes casinossocial casino no deposit bonusfree sweeps coinslist of sweepstakes casinosCasibom Casino Sitelericasibomcasibom güncel girişimajbetcasibom mobilzbahissonbahisxslotjojobet girişhttps://www.bakirkoyfal.com/haartransplantatieTokyobetPerabetizmir escortcasinolevantmarsbahisdeneme bonusu veren sitelerhttps://denemebonusu.com.tr/Kumar Sitelericasibom girişsweet bonanzaBetpublic güncel girişmavibetceltabetmatadorbet1xbetmarsbahisbetebetmatbet1xbetbetebetmeilleurs bonus paris sportifsdumanbetgalabetdumanbettarafbetganobet girişbetsatcasibomcasibommarsbahismarsbahisMarsbahismarsbahismarsbahisvaycasino güncel girişkingroyal güncel girişfixbet güncel girişgrandpashabet güncel girişgrandpashabet güncel girişonwin güncel girişmatbet güncel girişmatbet güncel girişmatbet güncel girişmatbet güncel girişsahabet güncel girişbetturkeystarzbetcasibom güncel girişcasibom girişmaldives casinodumanbetdumanbetwbahisbetebet girişmaltcasinocasinomaxisüperbahiscratosroyalbettempobetblox fruits scriptbetgitcasibom giriştrgool izlecasibom girişcasibomVozol 25000jojobetmavibet girişgrandpashabet girişcasibomcasibom güncel girişmavibet girişholiganbet giriştaraftariumjustin tvselcuksportshdtempobetbetcupholiganbet girişhttps://www.siindia.net/casibom719marsbahiszbahisvaycasinoSekabetTruvabetmarsbahispusulabetSekabetcasibomtempobetOdeonbetvbetmarsbahismarsbahis girişcasibomonwinkarsiyaka escortbahisbeybetturkeyKavbetzbahiscasibomsahabetganobet güncel girişcasibomİzmir escortMersin escortcasibom girişbonusu veren sitelertoy poodle köpekkralbet girişcasibomcasibom girişcasinolevantkulisbet girisxslot girişcasibom girişTümbetruntobet girişcasino siteleri 2025meritbetBetgarantiMARSBAHİScasino siteleriperabet güncel girişbetimemobilbahis güncel girişmatadorbetmatadorbetonwinsahabetonwin girişmarsbahisvaycasino güncel girişsetrabetsahabetsahabetsahabethttps://www.beverlycoachcraft.com/sekabet girişsekabetbetcio güncel girişbetcio güncel girişholiganbet güncel girişfixbetgrandpashabetkingroyal girişimajbet girişmatadorbet güncel girişmarsbahis güncel girişdeneme bonusu veren sitelerdeneme bonusu veren sitelerdinamobetkonya escortjojobetkralbet giriştempobet girişfixbet giriştipobetmarsbahisjojobetjojobetmarsbahismarsbahisjojobetDeneme BonusuDDeneme Bonusuumatadorbethttps://lizardkeepers.com/https://lizardkeepers.com/imajbetkingroyalartemisbetdinamobet güncel girişkralbetbetturkey girişfixbet güncel girişmarsbahisbetturkey girişonwincasibomjojobetjojobetgolvar tvdamabetvaycasinobetturkeyizmir haberleribetparkcasibom güncel giriş adresibonus sans depotfixbet güncel girişgrandpashabetsahabet girişcasibomsahabetsahabet girişhttps://www.beverlycoachcraft.com/sekabetholiganbetjojobetmatbet girişimajbethttps://lizardkeepers.com/jojobet girişsekabet girişarnavutkoy eskortmatbetmavibet güncelistanbul escortjojobetdgbcasibom girişdebbetparkbetpark girişcasibom girişcasibom girişcasibomcasibomcasibom girişbets10grandbettingcasibomİzmir Evden Eve Nakliyatjojobet girişhttps://www.6mv.org/Bettilt Anadolu Yakası Eve Gelen escortMaltepe Escortdeneme bonusudeneme bonusu veren sitelerldapman.orgAnadolu Yakası Escortescorthttp://www.escortbayanlariz.netKepez Escortcasino sitelerifixbetcasinoplussahabetdeneme bonusuistanbul escortküçükçekmece escortotobet twittertempobetbizbet giriş7slots twittersweet bonanza bonus7slots yasal mı7slots nasıl para çekilir7slots apk indirtempobet giriş linkisugar rush freegates of olympus 1000 demogates of olympus 1000big bass bonanza demoankara escortbankobet üyelikcasino x üyelikbizimbahis mobilotobetgrandpashabetmostbetroketbet twitterroketbet üyelikxslot üyelikotobet üyelikbetmatik giriş twitterJojobetpin up girişcasibom girişevcil hayvan sahiplendirmebetmabetorjinbet girişpumabet üyelikrexabet üyelikfatih eskortataköy escortchumba casinochumba casino $100 free playluckyland slotsbakırköy escortholiganbetstake bettingcasino worldbetriversding ding ding casinocasino worldmcluck casino loginhello millionswow vegaspulsz bingopulsz casino real moneyding ding dingfunrize loginsweepslotssweepslots loginonwinonwin giriştao fortunehouse of fun slots casinosportzinovaycasinocasino https://www.welovebirds.org/playfame casinothe money factorycaesars social casino loginspree casinoluckybirdluckybirdmoonspin casino no deposit bonuscash frenzy free slotscash frenzy free slotsbig fish casinorolling richesgrandpashabetgrandpashabetgrandpashabetcratosroyalbetgrandpashabetbetwoontao fortune casinocrown coins casinofunzcityfortune wheelzreal prize casinomega bonanzaslots era jackpotcarnival citi sweepstakesnolimitcoin sweestakesthe money factory casinoslotparkyay casinotrendbettrendbetsweep coins casinossweeps cash casinosTokyobetnew sweepstakes casinossweeps slotsfree sc casinofree sweepstakes casinosweepstake casinono deposit sweepstakes casinofree sc casino real moneyfirespin casinofirespin casino bonussweeps coins casinosweeps coins casinossweep coin casinosweep coin casinosocial casino no depositfree sc coins casinofree sc coinsnew sweepstakes casinossocial casino no deposit bonusfree sweeps coinslist of sweepstakes casinosCasibom Casino Sitelericasibomcasibom güncel girişimajbetcasibom mobilzbahissonbahisxslotjojobet girişhttps://www.bakirkoyfal.com/haartransplantatieTokyobetPerabetizmir escortcasinolevantmarsbahisdeneme bonusu veren sitelerhttps://denemebonusu.com.tr/Kumar Sitelericasibom girişsweet bonanzaBetpublic güncel girişmavibetceltabetmatadorbet1xbetmarsbahisbetebetmatbet1xbetbetebetmeilleurs bonus paris sportifsdumanbetgalabetdumanbettarafbetganobet girişbetsatcasibomcasibommarsbahismarsbahisMarsbahismarsbahismarsbahisvaycasino güncel girişkingroyal güncel girişfixbet güncel girişgrandpashabet güncel girişgrandpashabet güncel girişonwin güncel girişmatbet güncel girişmatbet güncel girişmatbet güncel girişmatbet güncel girişsahabet güncel girişbetturkeystarzbetcasibom güncel girişcasibom girişmaldives casinodumanbetdumanbetwbahisbetebet girişmaltcasinocasinomaxisüperbahiscratosroyalbettempobetblox fruits scriptbetgitcasibom giriştrgool izlecasibom girişcasibomVozol 25000jojobetmavibet girişgrandpashabet girişcasibomcasibom güncel girişmavibet girişholiganbet giriştaraftariumjustin tvselcuksportshdtempobetbetcupholiganbet girişhttps://www.siindia.net/casibom719marsbahiszbahisvaycasinoSekabetTruvabetmarsbahispusulabetSekabetcasibomtempobetOdeonbetvbetmarsbahismarsbahis girişcasibomonwinkarsiyaka escortbahisbeybetturkeyKavbetzbahiscasibomsahabetganobet güncel girişcasibomİzmir escortMersin escortcasibom girişbonusu veren sitelertoy poodle köpekkralbet girişcasibomcasibom girişcasinolevantkulisbet girisxslot girişcasibom girişTümbetruntobet girişcasino siteleri 2025meritbetBetgarantiMARSBAHİScasino siteleriperabet güncel girişbetimemobilbahis güncel girişmatadorbetmatadorbetonwinsahabetonwin girişmarsbahisvaycasino güncel girişsetrabetsahabetsahabetsahabethttps://www.beverlycoachcraft.com/sekabet girişsekabetbetcio güncel girişbetcio güncel girişholiganbet güncel girişfixbetgrandpashabetkingroyal girişimajbet girişmatadorbet güncel girişmarsbahis güncel girişdeneme bonusu veren sitelerdeneme bonusu veren sitelerdinamobetkonya escortjojobetkralbet giriştempobet girişfixbet giriştipobetmarsbahisjojobetjojobetmarsbahismarsbahisjojobetDeneme BonusuDDeneme Bonusuumatadorbethttps://lizardkeepers.com/https://lizardkeepers.com/imajbetkingroyalartemisbetdinamobet güncel girişkralbetbetturkey girişfixbet güncel girişmarsbahisbetturkey girişonwincasibomjojobetjojobetgolvar tvdamabetvaycasinobetturkeyizmir haberleribetparkcasibom güncel giriş adresibonus sans depotfixbet güncel girişgrandpashabetsahabet girişcasibomsahabetsahabet girişhttps://www.beverlycoachcraft.com/sekabetholiganbetjojobetmatbet girişimajbethttps://lizardkeepers.com/jojobet girişsekabet girişarnavutkoy eskortmatbetmavibet güncelistanbul escortjojobetdgbcasibom girişdebbetparkbetpark girişcasibom girişcasibom girişcasibomcasibomcasibom girişbets10grandbettingcasibomİzmir Evden Eve Nakliyatjojobet girişhttps://www.6mv.org/Bettilt