Food and beverage manufacturing trends
1
Upbeat growth prospects energize the food and beverage industry Optimism permeates the food and beverage industry, according to Food Processing magazine’s 2015 Manufacturing Trends Survey. From confidence about the future to increased capital spending, the outlook is bright and focused on growth. Here are the key findings shaping the food and beverage industry this year and the strategies you need to ride the optimism wave in a balanced, effective way. 14th Annual Food and Beverage Manufacturing Trends Survey Bright outlook to boost spending, hiring plans Food safety tops concerns Food safety is still the No. 1 issue, but less salient than in 2014 (51% vs. 59%). In 2015, food and beverage companies are more likely to: Plans to automate the entire production line have more than doubled compared with 2014 (29% vs. 12%). Steady focus on sustainability, energy conservation Eyes are back on automation, performance improvement Companies gear up to find skilled talent About the survey The 2015 survey is based on responses from 177 Food Processing magazine readers collected in October–November 2014. Respondents represent a wide spectrum of food processing sectors, with the greatest concentration (13%) in meat/poultry/seafood, followed by baked goods, further processed and specialty foods, and confectionery and snack foods. About 80% of respondents represent companies with headcounts of less than 500. are optimistic about 2015 Top 5 safety and sanitation practices Operations and packaging automation are also targeted in 2015 More companies are using total quality management to improve performance than in 2014 (30% vs. 24%). Compared with 2014, fewer companies report relying on Many companies still rely on staff suggestions for improvement. to improve quality and performance in 2015 76% are planning to hire new staff 36% are planning to increase capital spending 46% Employee training Third-party certification HACCP plan Improved pest control program Improved sanitary equipment 1 in 3 companies say green initiatives are more important in 2015 than in 2014. 1 in 3 companies will partner with community colleges and participate in campus recruitment to boost hiring efforts. up sharply from 67% in 2014 up from 31% in 2014 up sharply from 37% in 2014 23% Operations 2015 2014 16% 44% increase Packaging 14% increase 40% 35% OEE data 5 sigma Lean manufacturing Value stream mapping 6-year trends on 5 key indicators Optimism brightens up food and beverage industry’s expectations for 2015 Optimism Capital spending increase 80 70 60 50 40 30 20 10 Percentage 2010 2011 2012 2013 2014 2015 “Companies are reinventing themselves and how they engage consumers; they have uncorked innovation that they have kept bottled up for the last several years.” — Dexter Manning, Food and Beverage Practice Leader “No one can be sustainable on an island. Education of stakeholders is job one for companies moving toward sustainable business practices.” — Dexter Manning 73% 41% 40% 48% 38% 34% “We see more and more companies asking their staff to weigh in on product manufacturing and innovation. That’s because people want to work for a company where they can truly make a difference.” — Jeff Pera, Partner Expand in-house technical training Hire more line operators for semiautomated tasks Outsource more job functions “Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL), and/or refers to the brand under which the independent network of GTIL member firms provide services to their clients, as the context requires. GTIL and each of its member firms are not a worldwide partnership are not liable for one another’s acts or omissions. In the United States, visit grantthornton.com for details. © 2015 Grant Thornton LLP | All rights reserved | U.S. member firm of Grant Thornton International Ltd Production growth Planning for green initiatives Hiring new staff Reductions in electricity usage Efficient lighting Energy usage monitoring 39% 18% 29% Least popular energy conservation strategies Alternative fuels Long-term agreements with renewable energy providers Holding back on natural gas efficiencies 8% 9% 6% Top 3 energy management strategies Compared with 2014, more than twice as many companies report IFS food certification in 2015 (18% vs. 7%).
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Transcript of Food and beverage manufacturing trends
Upbeat growth prospects energize the food and beverage industry
Optimism permeates the food and beverage industry, according to Food Processing magazine’s 2015 Manufacturing Trends Survey. From confi dence about the future to increased capital spending, the outlook is bright and focused on growth. Here are the key fi ndings shaping the food and beverage industry this year and the strategies you need to ride the optimism wave in a balanced, effective way.
14th Annual Food and Beverage Manufacturing Trends Survey
Bright outlook to boost spending, hiring plans
Food safety tops concernsFood safety is still the No. 1 issue, but less salient than in 2014 (51% vs. 59%).
In 2015, food and beverage companies are more likely to:
Plans to automate the entire production line have more than doubled compared with 2014 (29% vs. 12%).
Steady focus on sustainability, energy conservation
Eyes are back on automation, performance improvement
Companies gear up to fi nd skilled talent
About the surveyThe 2015 survey is based on responses from 177 Food Processing magazine readers collected in October–November 2014. Respondents represent a wide spectrum of food processing sectors, with the greatest concentration (13%) in meat/poultry/seafood, followed by baked goods, further processed and specialty foods, and confectionery and snack foods. About 80% of respondents represent companies with headcounts of less than 500.
are optimistic about 2015
Top 5 safety and sanitation practices
Operations and packaging automation are also targeted in 2015
More companies are using total quality management to improve performance than in 2014 (30% vs. 24%).
Compared with 2014, fewer companies report relying on
Many companies still rely on staff suggestions for improvement.
to improve quality and performance in 2015
76%
are planning to hire new staff
36%are planning to increase capital
spending
46%
Employee training
Third-partycertifi cation
HACCPplan
Improved pest control
program
Improved sanitary
equipment
1 in 3 companies say green initiatives are more important in 2015 than in 2014.
1 in 3 companies will partner with community colleges and participate in
campus recruitment to boost hiring efforts.
up sharply from 67% in 2014
up from 31% in 2014
up sharply from 37% in 2014
23%Operations
2015 2014
16% 44% increase
Packaging 14% increase40% 35% OEE data 5 sigma
Lean manufacturing
Value stream mapping
6-year trends on 5 key indicatorsOptimism brightens up food and beverage industry’s expectations for 2015
OptimismCapital spending increase
80
70
60
50
40
30
20
10
Perc
enta
ge
2010 2011 2012 2013 2014 2015
“Companies are reinventing themselves and how they engage consumers; they have
uncorked innovation that they have kept bottled up for the last several years.”
— Dexter Manning, Food and Beverage
Practice Leader
“No one can be sustainable on an
island. Education of stakeholders is job one for companies moving
toward sustainable business practices.”
— Dexter Manning
73% 41% 40%
48%
38% 34%
“We see more and more companies asking their staff to weigh in on
product manufacturing and innovation. That’s because people want to work for a company where they can truly make a difference.”
— Jeff Pera, Partner
Expand in-house technical training
Hire more line operators for
semiautomated tasks
Outsource more job functions
“Grant Thornton” refers to Grant Thornton LLP, the U.S. member fi rm of Grant Thornton International Ltd (GTIL), and/or refers to the brand under which the independent network of GTIL member fi rms provide services to their clients, as the context requires. GTIL and each of its member fi rms are not a worldwide partnership are not liable for one another’s acts or omissions. In the United States, visit grantthornton.com for details.
© 2015 Grant Thornton LLP | All rights reserved | U.S. member fi rm of Grant Thornton International Ltd
Production growthPlanning for green initiatives
Hiring new staff
Reductions in electricity usage
Effi cient lighting Energy usage monitoring
39% 18%29%
Least popular energy conservation strategies
Alternative fuels Long-term agreements with renewable
energy providers
Holding back on natural gas effi ciencies
8% 9%6%
Top 3 energy management strategies
Compared with 2014, more than twice as
many companies report IFS food certifi cation in
2015 (18% vs. 7%).
