How Trends in the Beverage Industry Will Evolve in 2024

To kick off the new year, the food and beverage industry is reflecting on what trends shaped 2023 and what can be expected in 2024. As part of this, food and beverage businesses are asking themselves important questions to learn from the past year with the goal of positioning themselves for success in the months ahead. These questions include: How did my business fare overall? What is the current state of my beverage-grade CO2 gas supply? What are some industry best practices my business should display in 2024? 

To answer these questions, beverage gas suppliers and restaurants are examining the state of the industry and how it evolved in 2023. This past year saw steady growth as the food and beverage market grew by an annual growth rate (CAGR) of 7.3 percent due to stabilized costs. As the industry continued to navigate the post-pandemic beverage gas supply landscape, food and beverage businesses adopted new operational strategies, including the use of data and technology, and…