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While many industries struggle with economic and market challenges, a new report from CRB finds that pet food manufacturers are racing to add capacity to meet consumer demand for high-quality products, driven by “the humanization of pet food.”
According to a Capstone Partners report, “February 2022 Food & Agriculture Sector Update,” merger and acquisition (M&A) volume in the food and agriculture sector surged 17% year-over-year (YOY) in 2021 with 383 deals announced or completed, which marked the highest number of transactions in over four years.
On Demand Today’s F&B leaders need the agility to respond to a rapidly changing market while growing their business to take advantage of new opportunities, improve food safety, minimize waste, and provide greater supply chain transparency.