Grassi, a leading provider of business advisory and accounting services, and New Jersey Food Processors Association (NJFPA), a community of food and beverage companies and service providers, have announced the results of their second annual benchmarking survey of food manufacturers. This year’s survey was expanded to include industry professionals from both New Jersey and New York.
The survey, which elicited candid feedback from professionals in every sector of the food and beverage industry, was fielded by Crain Communications in January 2022. The survey was designed to assess the state of the industry in New Jersey and New York, identify trends over the past 12 months and gather the key industry opportunities and challenges for 2022.
The survey findings were revealed today in an authoritative benchmarking report at NJFPA’s 2022 Annual Spring Conference in Atlantic City Key takeaways from the report include:
“The survey results point to a resilient industry that is embracing opportunities to improve their businesses even in the face of ongoing business disruption,” said Michele Von Deak, executive director at NJFPA. “The insights uncovered by the survey paint a vivid picture of the health of the food and beverage sector in the region and offer key recommendations for its continued growth.”
“We were thrilled to partner with NJFPA again this year to bring the food and beverage sector this valuable benchmarking tool,” said Robert Grote, Grassi’s Manufacturing & Distribution practice leader. “The findings are consistent with what we are seeing among our high-growth clients as we help them overcome challenges through streamlining processes, diversifying supply chains, expanding into new channels and other innovative strategies.”
To access more business news, visit NJB News Now.Related Articles: