The Food and Beverage Industry, also known as F&B is one of the most crucial sectors. It is the second largest sector in the region and undergoing massive diversification and development. With a huge volume of imports centered around it, the food and beverage industry boasts of unmatched potential and has been the cynosure of many businesses.
With the impact of COVID-19, the sector has taken a huge hit and businesses are still trying to figure out the best way to move forward. On one hand, the pandemic has closed the doors of major consumer-focused aspects of the industry such as fine dining, however, on the other hand, it has opened the gates for other avenues such as digital distribution networks.