TSS Technologies

A recent Rabobank report details the growth of contract manufacturing in the Food and Beverage industry. Currently, 10 – 20 percent of total food production is via contract manufacturing, but this share is rapidly expanding. The primary trends driving growth are: time constraints, the need for greater variety of products, startups lacking their own production capabilities and desire to improve return on investment.

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Rabobank’s Senior Analyst for Consumer Foods, Paula Savanti, explains that food companies, “Need manufacturing partners with a certain scale and sophistication. This is where we see growth and consolidation opportunities.”

For more details and to obtain a full copy of the May, 2016 report, please visit Rabobank.com