Disruptors are pervasive in our industry. Although food retailing has already changed dramatically in the last few years, it is certain that the industry will look quite different in the near future. That change is constant and is accelerating.
In the recent, research report, “The Future of Food: New Realities for the Industry," authored by FMI and Kurt Salmon, a part of Accenture Strategy”, we examine three critical areas of change in the food industry: 1) the battle for the food marketplace and new models and disruptors that are bringing new levels of convenience to consumers; 2) the need for nimble companies and commercial solutions that support innovation to meet changing consumer desires; and 3) how the food production system will reduce waste and expand the food base, to a growing population across the world.
Notably, we found that one thing food retailers can count on is the quickly evolving character and preferences of the consumer. Here are seven attributes regarding the shopper we need to anticipate and address as we move forward into the future:
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