Sofi Parry, Senior Editor Phone: +44 (0) 203 970 0010 Website: www.lux-review.com Welcome to the Food & Drink Awards 2024 No information contained on or in this website constitutes investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice. Neither AI nor any of its associated entities are authorised to give financial advice of any nature nor are they regulated by the Financial Services Authority. Prior to making any investment, AI recommends that any prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. AI Global Media, Ltd. (AI) takes reasonable measures to ensure the quality of the information on this web site. However, AI will not assume any legal liability or responsibility for the accuracy, correctness or completeness of any information that is available through this web site. If errors are brought to our attention, we will try to correct them. The information available through the website and our partner publications is for your general information and use and is not intended to address any particular finance or investment requirements. In particular, the information does not constitute any form of advice or recommendation by us or any of our partner publications and is not intended to be relied upon by users in making or refraining from making any investment or financial decisions. Appropriate independent advice should be obtained before making any such decision. Any arrangement made between you and any third party named in the site is at your sole risk and responsibility. LUXlife proudly welcomes you to the eighth annual Food and Drink Awards! As one of our longest-standing programmes, this award has become a staple in the prestigious portfolio we have built over the years. Here at LUXlife we are constantly looking for new ways to showcase a different side to the industry through our awards, and with the Food and Drink sector now evolving at a rapid pace, it’s the perfect time to celebrate the companies whose innovation and ingenuity have secured a bright future for this diverse market. Even with the negative impact that the cost-of-living crisis is having on consumer spending, the Food and Drink market is still expected to climb above seven trillion dollars in value by 2027, with a CAGR of almost six percent during this period. While there will continue to be challenges in the form of higher manufacturing costs, supply chain disruption, increased inflation rates, and more – growth is still being fuelled through multiple avenues including new product innovation, emerging sales channels, and changing customer habits. Increased demand for both organic and clean-label products, growing popularity of home delivery services, and the rise of e-commerce platforms are just some ways that modern consumer behaviour is influencing the Food and Drink industry of today.
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