Experts predict the food & beverage industry will see new food safety rules, increased oversight, enforcement activities, and more lawsuits as it emerges from the pandemic.
The pandemic’s disruption has been felt everywhere: from global supply chain disruption, to working from home, to mask mandates, COVID-19’s impact spread to every corner of the globe. One industry that was particularly hit hard was the food and beverage industry.
Consumer buying patterns changed making demand planning incredibly difficult, while some products experienced unforeseen shortages or surpluses. Businesses had to adapt to growing carrier pricing changes and volume restrictions and limitations, while some were forced to quickly develop omnichannel shopping experiences and multi-vendor strategies.
And now, as we begin to open up the country, analysts expect a surge in recalls. While food recall activity from the FDA decreased 4.3 percent in Q1 2021 over Q4 2020 , it actually increased 31.9 percent in units impacted quarter-over-quarter.
Experts predict the food & beverage industry will see new food safety rules, increased oversight, enforcement activities, and more lawsuits as it emerges from the pandemic.