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.
In order to stand out in this extremely competitive market, Food and Drink companies must keep pace with these developments by providing the product quality and service levels that customers have come to expect. With e-commerce now making up over a fifth of global sales and grocery delivery driving substantial growth in revenues, the industry is undergoing a clear transformation. Retailers are now in a fierce competition to charge lower fees, streamline the shopping experience, and accelerate delivery times in order to come out on top of this increasingly saturated market.
Here at LUXlife, it’s our goal to make the Food and Drink Awards the go-to guide to the leading players operating in the industry today. We aim for our awards to cover the full spectrum of the Food and Drink sector, encompassing all product and service categories. We also don’t discriminate based on company size or revenue, so whether you represent a large corporation or an independent family business, you are welcome to take part in the Food and Drink Awards 2024.
Once the final winners are determined, we provide recipients with the choice of a range of marketing tools to celebrate their achievement and get the most out of their award. There are no mandatory costs involved at any stage, and recipients again get to choose whether to opt for a free-of-charge package or to take advantage of upgraded coverage items and advertising tools. Boasting an international audience of over 94,000 HNW individuals with a particular interest in food products and dining experiences, LUXlife is the perfect platform to promote your products and services and to reach new customers.
If this sounds like something you’d like the chance to be part of, you can submit a nomination for the Food and Drink Awards 2024 by clicking ‘Vote Now’. We are looking forward to announcing our 2024 winners soon, so don’t hesitate and put forward a deserving company forward for consideration today!