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Big Data in Food and Beverage Market Forecast to Reach $2.1 Billion by 2026


Big Data in Food and Beverage Market Forecast to Reach $2.1 Billion by 2026
Increasing Demand From Consumers to Know About Their Food Will Drive the Growth of the Big Data Market in Food & Beverage Industry.
BriefingWire.com, 4/21/2021 -
The market for Big Data In Food and Beverage is forecast to reach $2.1billion by 2026, growing at a CAGR of 34.3% from 2021 to 2026 due to rapid increase in consumer and machine data developments. Big Data is referred as the collection of data sets so large and complex that it is not possible to process it in traditional way. The market will be driven by growing number of food and beverage retailers. Big Data in Food and Beverages Industry has dynamically changed the way of doing business. It eliminates the decisions based on gut feeling and intuition by providing analytical data to run the business with result-oriented decision making. Big Data can transform the Food and Beverage ....

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Jubilant FoodWorks to acquire Fides Netherlands for about Rs 250 crore


Food services major Jubilant FoodWorks said on Friday it will fully acquire Fides Food Systems Cooperatief UA Netherlands (Fides) for an agreed investment of 24.8 million pounds (about Rs 250 crore) through its wholly-owned subsidiary Jubilant FoodWorks Netherlands BV.
Fides is the beneficial owner of 32.81 per cent of equity shares of DP Eurasia NV, which is a public company listed with London Stock Exchange Plc and is the exclusive master franchisee of the Domino s Pizza brand in Turkey, Russia, Azerbaijan and Georgia.
DP Eurasia and its subsidiaries offer pizza delivery and takeaway besides eat-in facilities at 771 stores (568 in Turkey, 190 in Russia, 9 in Azerbaijan and 4 in Georgia). ....

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