Key Industry Challenges:
- A high degree of competition in the industry means that beverage manufacturers need to stay innovative, which sometimes squeezes margins. This applies more to smaller manufacturers that do not have the same level of technological and financial resources available to larger manufacturers
- The beverage industry generally faces the challenges faced by the overall food industry. A crucial challenge faced is food safety in the processed food and beverage market. Although some progress has been made in the industry with a considerable amount of government intervention, there are still challenges in implementing a truly global food safety system.