UK small and mid-sized food and drink manufacturers are grappling with a stark profitability drop, with the alcohol sector experiencing the most significant hit.
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Small and medium-sized enterprise (SME) drinks manufacturers are celebrating a substantial 63% rise in revenue during the first quarter of the year, according to the latest figures released by the Manufacturers’ Health Index.
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Small and medium-sized UK beverage manufacturers are performing favourably when compared to other sectors, a new report has found.
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UK beverage manufacturers are now holding more than double the amount of stock compared to pre-pandemic levels, as delays and shortages take an increasing toll on the global supply chain.
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