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Food Industry to Face Downside Risks This Year

A number of downside risks are expected to pose major challenges to the global food and beverages sector this year, according to the global credit insurer Atradius.

Sharp increases in commodity and energy prices, labor shortages, transport issues and the ongoing spread of the coronavirus pandemic could jeopardize the profitability of major industry subsectors over the coming months. A number of expected challenges are brought up in Atradius' latest Food and Beverages Industry Trends report. Read more on this from Food Engineering here.