Pressures, Hurdles and Opportunities Facing The Food Industry

Inflation Sparks Extreme Pressures

Surging inflation is hitting the food industry hard. There are expectations that inflation is going to pressure margins (85% retailers, 86% suppliers) and cause operating costs to increase. 

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Supply Chain Remains Big Hurdle

More than 70% of responding food retailers and 82% of suppliers said supply chain disruptions will negatively impact their businesses in 2022.

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Retailers Embrace Consumer Behaviors

For food retailers, top service differentiation strategies in 2021 included online shopping (80%), curbside pickup (79%) and social media programs (71%). 

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Pop Quiz: Test Your Knowledge of the Food Industry

Click on the questions and answers below to learn more about how the food industry has remained nimble during these turbulent times.