Al M&A Wave Coming in the Food and Beverage Sector

Al M&A Wave Coming in the Food and Beverage Sector

"Technology is becoming ubiquitous throughout the food and beverage industry, generating more data and opportunities for data-backed decisions," says Harris Williams Managing Director Tim Alexander. The list of operations includes supply chain and inventory management, minimizing food wast...

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Veröffentlicht in:Mergers and Acquisitions 2024-05, Vol.59 (3), p.34-35
1. Verfasser: Diakantonis, Demitri
Format: Artikel
Sprache:eng
Schlagworte:
Acquisitions & mergers
Artificial intelligence
Bakeries
Beverage industry
Executives
Food service industry
Inventory
Productivity
Software
Technology adoption
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Zusammenfassung:"Technology is becoming ubiquitous throughout the food and beverage industry, generating more data and opportunities for data-backed decisions," says Harris Williams Managing Director Tim Alexander. The list of operations includes supply chain and inventory management, minimizing food waste gathering and consumer feedback on social media. Al in the food and beverage industry is estimated at $9.68 bil-ion and is expected to reach $48.99 billion by 2029, growing at a CAGR of 38.3 percent, according to Research and Markets.
ISSN:0026-0010