The Future of Food Chains
However, technology, automation, and increasing urban population densities are quickly aiding retaillers to overcome these challenges, increasing the scale of opportunity posed by the E-grocery sector. Twinned with changes in consumer preference, greater digital literacy, and preferences for home delivery, the scope for growth within the online food sector is large. Add to that a wave of healthy competition from new market entrants and innovators, and the sector is set to greatly change how we purchase food substantially, with likely emphasis placed on efficient omni-channel operations over coming years.
ONLINE FOOD & DRINK VALUE & PENETRATION
25,000
20%
20,000
15%
15,000
10%
10,000
5%
5,000
0%
2005 ‘07 ‘09 ‘11 ‘13 ‘15 ‘17 ‘19 ‘21 ‘23 ‘25 2027
ONLINE VALUE
ONLINE SHARE
TECHNOLOGY, AUTOMATION, AND INCREASING URBAN POPULATION DENSITIES ARE QUICKLY AIDING RETAILLERS TO OVERCOME THESE CHALLENGES, INCREASING THE SCALE OF OPPORTUNITY POSED BY THE E-GROCERY SECTOR.
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FUTURE OF FOOD CHAIN |
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