Good perspective for Food & Beverage category!
Updated: Oct 8, 2020
From plant based food, online food marketplaces, meal deliveries, grocery e-commerce this industry has certainly seen its fair share of disruptive technologies and business models pop up over the last five years
According to crunchbase.com food & beverage category is one of five industries that not only are growing based on total funding but are prime targets for acquisitions and strategic partnerships. From plant based food, online food marketplaces, meal deliveries, grocery e-commerce this industry has certainly seen its fair share of disruptive technologies and business models pop up over the last five years. With the current state of the world, 2020 has the potential to be a breakout year for the food and beverage industry. Despite a decrease in total funding in 2019, deal volume remained high in comparison to 2015, 2016, and 2017, indicating investors still have confidence in the industry and what companies are developing. E-commerce platforms and the rise of plant based foods are a few of the driving forces behind growth in the food and beverage industry. When you couple that with consumer demand for convenience, variety and affordability, you get an industry full of opportunity.