Food Processing Sector Bustling, Future Looking Strong
30 May 2023
This is an interesting period in the food processing industry. On the surface, it’s enduring a number of struggles, such as addressing inflation, supply chain issues, lack of workforce, energy costs, etc.
But the industry always has one ace in its deck of cards, no matter the problems: people get hungry a few times a day. Or more.
So while the industry addresses its issues via training programs, robotics, digitalization, analytics and other methods, know that while the U.S. braces for a much-discussed potential recession (that the country may be experiencing or may even be over, depending on the sources), the long-term forecast for the domestic food processing industry looks bright.