The F&B industry has two main survival strategies: focusing on sustainability and quality for the long term, or capitalizing on trends and viral marketing for quick profits.
Around 70% of F&B trends are influenced by social media platforms like TikTok, Instagram, and YouTube.
Businesses can prepare in advance for annual trends, while chasing viral trends requires speed and financial resources.
Adopting a partnership model can help businesses exit trend-based ventures with maximum profit before the trend fades.