2H 2022 Food & Beverage M&A Report

After a go-go 2021 and record M&A activity in the food & beverage industry, 2022 saw a cooling-off period. Not surprising. Rising interest rates, food inflation, the war in Ukraine, and supply chain issues created headwinds across the industry. Then, throw in a troublesome disease like Avian flu and an egg shortage. Tough times. It doesn’t mean deals didn’t get done, but not as many. Still, there are areas worth watching and some exciting possibilities, especially in food tech, from at-home nutrition tracking to the first-ever (mostly) automated McDonald’s franchise. Even when it comes to the stuff we put in our bodies, everything seems to come down to tech.