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.