Executives in the food and beverage industry expect continued growth in 2013.
August 15/New York/PRNewswire -- Executives in the food and beverage industry expect continued growth in 2013 with revenue increases largely driven by product innovations and the ability to add new customers, according to the "2013 Food and Beverage Outlook Survey" by KPMG LLP, the U.S. audit, tax and advisory firm. At the same time, rapidly advancing technology is transforming the industry, providing opportunities to explore new ways of doing business and better understand and engage with consumers.
"The food and beverage industry is experiencing significant change," said Patrick Dolan, national line of business leader for consumer markets at KPMG LLP. "Technology is redefining how companies identify growth opportunities, operate their businesses and manage risk, and the companies that adopt and utilize these tools most effectively are positioned to capitalize on improving business conditions."