As consumers become more health, social, and environmentally conscious, food and beverage companies around the world are evolving their business models to meet these needs.
Companies are increasing their adoption of technology and expanding supply chain structures to maintain market share, while facing challenges from severe weather events, increasing regulations, and cyberattacks. The COVID-19 pandemic accentuated and exacerbated many of these risks as some supply chains failed or were severely curtailed.
While these evolving trends carry significant risks, they also create new opportunities. Choosing cost-effective risk financing alternatives and implementing risk management practices that exceed industry standards is critical for many food and beverage businesses, especially while capital is tight as they emerge from the lowest points of the pandemic and seek to capitalise on new commercial possibilities.
Marsh helps food and beverage companies – from manufacturers and processors to distributors, wholesalers, and restaurants – anticipate the risks they face, understand their impacts, and implement comprehensive plans to mitigate them.
Featured insights
23/10/2023
Asia F&B, Retail & Wholesale Industry Survey Report 2023
Access this free report by Marsh for the latest expert insights into Asia’s F&B, retail & wholesale industry and learn how to mitigate key risks.
07/08/2023
Food and beverage – are you product recall ready?
Food and beverage recalls in Europe increased by 2.9% in quarter one of 2023. The industry is feeling pressure from several areas, but what can be done to alleviate these pressures?
21/06/2023
Five key risks facing global food and beverage companies
A conflict in Europe between two leading grain exporters, spiralling energy costs, supply chain chaos, and extreme weather events have led to unprecedented times for the global food and beverage industry.