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    Dairy Processor News

    Food and beverage manufacturers expect long recovery from COVID-19-related challenges

    Exclusive coronavirus-focused BNP Media survey shows that more than a third of food and beverage manufacturers believe it will take seven or more months to get their business back on track.

    By Kathie Canning
    Clear Seas food and beverage company coronavirus research
    May 8, 2020

    More than a third of food and beverage companies surveyed between April 30 and May 4 — 39% — said they believe it will take seven months or longer to get their business back on track considering current COVID-19-related challenges, according to a May 6, 2020, Clear Seas Research report titled “Food & Beverage Manufacturing Industry, Industry Perspective on the Challenges of Today.” Clear Seas Research is part of Troy, Mich.-based BNP Media, the parent company of Dairy Foods. The report is the fourth installment in a series related to food and beverage processing operations during the coronavirus pandemic.

    The percentage of respondents citing a seven-month or greater recovery timeframe is the same as in the third survey (fielded April 16-20). Still, other respondents were more optimistic — in both the third and the fourth surveys, 29% said they believed it would take just three months or less to get their business back on track, and 32% said they believed it would take four to six months.

    In the fourth survey, 62% of respondents indicated that their active business was on schedule. That’s an improvement from the third survey, when 54% said it was. And 58% said that their planned business was on schedule, up from 52% in the third survey.

    But the percentage of respondents indicating that new business development was on the rise actually fell slightly— 24% versus 25% in the third survey.

    To see other findings from the fourth survey, download the report here.

    KEYWORDS: coronavirus COVID-19 dairy processing food and beverage companies

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    K canning headshot

    Kathie Canning, former editor-in-chief of Dairy Foods, is an award-winning journalist with more than 20 years of experience in the trade publication sector. Her experience includes leadership positions on a number of food and beverage publications for both processor and retail audiences. She is a graduate of the University of Toledo and is also certified as an Editor in the Life Sciences by the Board of Editors in the Life Sciences.

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