Ag Innovation Update Q1 2022

Ag Innovation Update Q1 2022

Drivers 

  • Consumer online food purchases remain high. In turn, food processing and food distribution companies are seeking to expand their warehouses, cold chain logistics and automation systems.
  • Several trends are driving change in the food manufacturing industry, including consumer health awareness, e-commerce, product traceability, regulations and sustainability.

Drawbacks

  • Labor shortages continue to challenge the ag innovation industry. Employers are focusing on recruitment and retention strategies, including flexible hours, wages, transportation, childcare and company culture.
Tami Petsche
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Tami Petsche
Vice President, Business & Economic Growth
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