The Future of Food Chains

OUR VISION

We anticipate that by 2040, the global food chain will look very different from that of today.

HEALTH AND SUSTAINABILITY

FOOD PRODUCTION

The role of alternative forms of farming in the UK will grow and play a key role in mitigating against climate risk, and labour challenges within the agriculture sector. Urban and vertical farming will allow us to intensify the use of real estate in urban locations and safeguard against the risk of crop failure , disease, and volatile growing conditions. Efficiencies will be facilitated by the adoption of new production methods, and automation.

The diets of the general population will have shifted towards a balanced health-centric and sustainable diet, as societies and cities transition to less carbon intensive foods and carbon transparency becomes prevalent. Individuals will consciously seek to optimize nutritional intakes, balancing health with cost and environmental impact.

SUPPLY AND STORAGE

CONSUMPTION

Households will source and purchase a growing proportion of their food via the E-grocery market, thus reducing waste whilst maximizing convenience and experimentation. As a result, supermarkets will re-focus efforts on revitalizing store concepts, with a drive to quality, variety and retained custom through detailed knowledge of consumer habits. Repositioning and repurposing will affect under-performing and over-sized assets.

Supply chains are likely to both widen and shorten, resulting in less reliance on international freight, and a reduction in carbon impact. Supply chains will become more specialised resulting in greater agility to reduce spoil risk, keep pace with food trends, and reduce food waste.

These shifts will drive not only an evolution of our existing real estate and its specialised clusters, but also supercharge intensification of assets and create innovative and new real estate asset classes.

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FUTURE OF FOOD CHAIN |