Food and beverage M&A activity has been on the rise in recent years as companies look to expand their product offerings, enter new markets, and achieve operational efficiencies. The industry has seen a mix of strategic and financial buyers, with private equity firms playing a significant role in deal activity. Key trends in the sector include a focus on healthy and sustainable food options, as well as the growing popularity of direct-to-consumer brands. In addition, regulatory changes and geopolitical risks can also impact the M&A landscape for food and beverage companies. Our 1Q 2023 report explores current market trends and themes within the industry, including insights on deal activity, valuation multiples, and notable transactions. Read the full report.