Factors Impacting Food, Beverage and Agribusiness in 2024

This report outlines ten factors that are expected to impact the food, beverage, and agribusiness (FBA) sectors in 2024. It discusses the increasing importance of environmental, social, and governance (ESG) issues, which are anticipated to shift from concept to execution, necessitating robust strategies from businesses. The report highlights the growing demand for protein, particularly in Asia, and the focus on chicken production as a response to this demand. It also addresses the unpredictability of weather as a disruptor in food production and the anticipated mergers and acquisitions (M&A) activity within the FBA sector. Additionally, it examines the implications of interest rates on FBA companies, the opportunities and risks presented by the Indian market, and the influence of upcoming elections on the global FBA landscape. Each factor is analyzed in terms of its potential impact on stakeholders and the strategies they may need to adopt in response to these challenges.