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Future Grocery Shopping

Abdullah Aljabri

Created on May 30, 2024

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Transcript

Future of

Grocery Shopping

By: Jonas WeinbergKasswar Al AswadMuskan Jha Coordinator:prof. Dr. Björn Jacobsen

June,28 | 2024

Internation Innovation Management

Trends

"The global Grocery Market is expected to reach $11.8 Trillion from 2024 to 2029"

Statista

Grocery Retailers

Struggling to understand the future grocery shoppers behaviors

Facing challanges in managing the stock and inventory in a smart way

Inventory Managers
Marketing Manager

Who Is this trend report for?

Report Outcomes

Understand the Current Landscape

1.

Learn the Evolving Trends

4.

Identify the External factors that shapes the industry

2.

Why they matters to you

5.

Understand Future Consumer's needs

3.

Current Landscape

How It Is Moving?

Innovations in Last-Mile Delivery

Negative Aspects in the Current Landscape of Future Grocery

A sustainable solutions is needed such as: drones, electric vehicles, and cargo bikes, to reduce emissions, congestion, and delivery times.

1. Overwhelming Product Choices: - Consumer confusion- Decision fatigue

Focus on Local and Regional Sourcing

Consumers are increasingly interested in supporting local economies and reducing the environmental impact of food transportation.

2. Technological Barriers: - Digital divide excluding certain demographics. - Challanges of integrating new technologies.

Digital Disruption and Inventory Management

3. Environmental Concerns: - Climate change impact.

Real-time inventory tracking systems and predictive analytics are essential to navigate fluctuating customer demand and optimize stock levels.

What is happening Around Us !

PESTEL

Future Business as Usual Projection The politics demands lowering external importing and relying on local farming. Regulators placed pricing regulations on pricing and data privacy. The environment was impacted by autonomous shopping which resulted in lowering CO2 emissions. Automation and smart displays reduced time and offered better prices, allowing people to access healthy food. The consumer's spending became more efficient and the employment rate became higher due to the new urban jobs in the local farming industry.

Future Consumer Traits

Future Customer Persona Meet Alex and Jamie, young professionals in their late 20s to early 30s. They lead busy lifestyles filled with work commitments and social engagements, prioritizing convenience and efficiency in their daily routines. Tech-savvy and health-conscious, they seek personalized, seamless shopping experiences that fit into their fast-paced lives.

Product Preference

90%

  • Demand fresh and healthy food.
  • ready-to-eat meal kits.
  • support a sustainable and eco-friendly lifestyle.

Time Management

60%

  • Seeking solutions for their busy schedules.
  • Personalized recommendations and fast checkouts.

LEGO Serious Play

Digital Engagement

85%

  • Heavy reliance on digital platforms for product research, price comparison, and purchasing.

Fast and clear shopping

Automated Tasks

Full Baverage and Snake Handling

Smart Search and Display

Data sharing and Inventory Management

Why Important

Why Important

Instant ordering and delivery

Urban Farming

Spacial Computing Autonomous Drone Delivery

Farms withing the City Local Farmers Support

Why Important

Why Important

Thanks

Internation Innovation Management MASTER STUDENTS