Despite many thousands of new product introductions each year, the food & beverage industry is basically a mature one where both opportunities for revenue growth and for operating efficiencies must be pursued zealously to boost margins and remain competitive. Executives in this industry are facing increased pressure on their businesses as they search for ways to grow. The days of mergers and acquisitions, so prevalent in the 1990s, are over. Today, companies are looking to do more with less.
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