The food and beverage industry sets trends that impacts several ancillary industries. For this very reason, the food and beverage industry has held sway for being one of the highest revenue generators over the past many decades. This industry has braved every economic disturbance and stood the test of time. While this could serve to encourage participation of new players in the food and beverage industry, the appetite for product innovation, novel packaging, and innovative techniques could help new players gain a stronghold. 

Changing consumer food habits, lifestyle changes, global travel, and the ongoing trend of healthy foods are offering plentiful opportunities to the food and beverage industry. Today, discerning consumers are keen to know the constituents of food they consume and how it is produced. 

Technological innovations has helped the food and beverage industry reach new heights. The launch of cost-effective and energy efficient equipment have modernized processes in the food and beverage industry. 

Economic growth in emerging economies has emerged as a boon to the food and beverage industry. Processed foods, packaged foods, and ready-to-go meals are becoming common to serve the changing lifestyle in emerging economies. Demand for special foods such as gluten free foods and lactose free foods are revving up growth of the food and beverage industry. Diabetic food, food for lactating mothers, and iron fortified food are some other special foods that serves to boost the food and beverage industry. 

However, strict regulations that monitor production and handling of food are slowing the growth of this industry.

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