M&A in US Food and Beverage CPG: Three Key Themes—Category Expansion, Brand Focus and Evolving Consumer Needs

What's Inside

The food and beverage consumer packaged goods (CPG) category in the US has witnessed over 100 mergers and acquisitions (M&A) deals over the past four years, as CPG food and beverage companies have increasingly found these deals favorable.

Examining recent M&A deals, we explore three key themes in M&A in the US food and beverage sector—namely, category expansion, increased category focus, and evolving consumer needs and expectations.

Companies mentioned in this report include: J&J Snack Foods, Keurig Dr. Pepper, Mars, Incorporated, Mondelēz International, Nestlé, Starbucks, Unilever

Other relevant research:

• Five Trends in US Food CPG: Transparency, Sustainability and Technology Lead the Way
• Five Key Strategies for CPG Companies to Tackle Inflation and Changing Consumer Behavior in 2023
• See all reports in the Coresight Research US CPG Sales Tracker series
• Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles.