Trends transforming the food manufacturing industry include functional foods, plant-based meat, exotic flavors and sustainable food packaging products. Emerging technologies are assisting with innovation and crafting of new food products.
As CBD is a derivative of hemp and no longer considered part of the banned narcotics list, food manufacturing companies are looking to incorporate CBD into meal items, snacks and beverages.
Drawbacks
There continues to be uncertainty in the food manufacturing market with the tariff and global trade issues, which is resulting in rising costs. Other concerns are the higher cost of labor, shifting labor market and truck driver shortage.
Contact
Tami Petsche
Vice President, Business Attraction - Grow Quad Cities
