Food Industry Trends from Technomic

Technomic, the leading food industry research and consulting company, recently released a report detailing the eight crucial trends that will transform the food industry within 10 years – as well as some tips on the actions companies need to take in order to not fall behind.

The eight crucial trends are:

  1. Significantly increased costs
  2. Intensifying consumer demands
  3. Major volatility from global climate change
  4. Greater focus on “local”
  5. Emergency of radical transparency
  6. Big shifts in sourcing practices
  7. Retail channels recapture share
  8. Dramatically different market structure

Read the full report – The Coming Decade: Food Industry Metamorphosis.

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