The Future Of Grocery Retail Top Five Trends For 2021 2022 Mg2

The Future Of Grocery Retail Top Five Trends For 2021 2022 Mg2 The future of grocery retail: top five trends for 2021 & 2022. last week we had the pleasure of attending and speaking at groceryshop 2021 in las vegas. one of our first live events in a while, the energy was palpable and the innovations were flowing. it was an absolute joy to connect with so many and share the results of our recent grocery. The implication is that grocers will need to lean on—and into—algorithms and automation. the future of grocery retail will likely use data, algorithms, and automation to drive new, highly efficient, precision based, agile businesses built to sense and respond to granular signs of changing consumer demand.

The Future Of Grocery Retail Top Five Trends For 2021 2022 Mg2 The metaverse—the industry’s newest buzzword—holds the promise of and capacity to meld physical retail with mixed reality experiences. however, we’re already years into this convergence of digital and brick and mortar, with offerings like virtual endless aisles that consumers can browse for hours, just as they might window shop in store. Even with economic challenges during the pandemic, premium food in categories like alcohol, specialty coffee, meal kits, frozen meals and spices have gained popularity among shoppers, iri found in 2020. the recent momentum premium cpg gained will continue to build in 2022, said james richardson, a cpg expert and author of “ramping your brand.”. Browse through and read or take the future of grocery retail top five trends for 2021 2022 mg2 stories, quizzes, and other creations. The industry is now on the edge of the next transformation in e commerce: grocery executives expect e commerce penetration to more than double for their own organizations in the next three to five years, to an average of 23 percent (exhibit 1). 1. executives are even more bullish on e commerce’s upside potential, noting that penetration could.

The Future Of Grocery Retail Top Five Trends For 2021 2022 Mg2 Browse through and read or take the future of grocery retail top five trends for 2021 2022 mg2 stories, quizzes, and other creations. The industry is now on the edge of the next transformation in e commerce: grocery executives expect e commerce penetration to more than double for their own organizations in the next three to five years, to an average of 23 percent (exhibit 1). 1. executives are even more bullish on e commerce’s upside potential, noting that penetration could. Changes to the global grocery retail market are happening fast. trends that emerged during the pandemic are persisting, reshaping the industry. consider this: in december 2019, the percentage of e commerce grocery sales in the us market was slightly under 4 percent; it’s now in the low teens and is expected to reach roughly 25 percent by 2030. The state of grocery retail. as part of mckinsey’s ongoing coverage of the grocery industry, it publishes a range of reports and content on the factors and developments shaping the grocery landscape. our in depth research and analysis of specific regions features deep dives into trending topics as well as interviews with leading executives.

The Future Of Grocery Retail Top Five Trends For 2021 2022 Mg2 Changes to the global grocery retail market are happening fast. trends that emerged during the pandemic are persisting, reshaping the industry. consider this: in december 2019, the percentage of e commerce grocery sales in the us market was slightly under 4 percent; it’s now in the low teens and is expected to reach roughly 25 percent by 2030. The state of grocery retail. as part of mckinsey’s ongoing coverage of the grocery industry, it publishes a range of reports and content on the factors and developments shaping the grocery landscape. our in depth research and analysis of specific regions features deep dives into trending topics as well as interviews with leading executives.