The food and beverage industry has been one of the main linch-pins of the United States economy since the country was founded. That being said, the industry has seen a significant amount of change during the past few years. Casey Askar is an investment professional with a lot of experience in the food and beverage space. A former United States Marine, he has seen a lot of the changes that have taken place in this industry. There are several trends that have risen to the surface of the food and beverage industry. Many of these trends will define the field moving forward.
Touchless Transactions and Safe Delivery
Without a doubt, touchless transactions have become more common during the past few years. A lot of this has been driven by the coronavirus pandemic. Casey Askar has grocery stores move away from cash. Now, the vast majority of people pay using a debit card or credit card. Some people would rather not enter a grocery store at all. As a result, restaurants and grocery stores have opened up delivery options and curbside pickup. Of course, these orders are delivered using touchless methods as well. Companies that demonstrate a commitment to the safety of their employees and customers will thrive in the modern era.
The Open Kitchen Concept
In the past, a lot of restaurants would try to hide the kitchen behind a wall. They believed that customers did not want to see their food being made. Now, customers care more about their nutrients, their ingredients, and how their food is prepared than ever before. Many restaurants and grocery stores have changed to meet these demands. Some new restaurants allow customers to see their food being prepared live. Casey Askar believes that the growth of the open kitchen concept is here to stay. If customers can watch their food being prepared, they will feel more attached to the establishment.
These Trends Will Continue Moving Forward
Even though many of these changes have been driven by the coronavirus pandemic, it is likely that these changes will persist even once the pandemic is in the rearview mirror. These changes are beneficial for not only food and beverage companies but customers as well. Food and beverage companies can use these trends to reduce their overhead expenses. Furthermore, if customers can help themselves, they can save time at the grocery store and at the restaurant. It will be interesting to see how the industry continues to evolve in the future, says Casey Askar.