Insights

The slump in oil prices has its winners and losers. Jim Menzies, global leader for the food and beverage sector at Grant Thornton, says the outlook is good for food and beverage companies. While Linda Beal global leader for the oil and gas sector at Grant Thornton, says, oil and gas companies are facing significant challenges.

F&B companies are using international expansion to chase profits globally.

Profitably growing a Food and Beverage company today is more difficult than ever – yet opportunities have never been greater.

The food and beverage industry is poised for growth around the globe. After years of uncertainty, retrenchment and delayed investments, industry executives are once again looking to invest in new products, new capacity, new distribution channels and new markets. Even in countries still shaking off the recession, executives expect growth and plan to capture market share at home and abroad.

Is there light at the end of the tunnel for the food and beverage sector? Certainly our new report on the health of the sector – ‘Hunger for growth: Food and Beverage looks to the future‘ – suggests so.