In this brief, we’ve identified 15 global signals of trends that are shaping the post COVID-19 ‘new normal’ for the global food ecosystem.
Online grocery shopping is surging - up 26% in US. In the UK, there has been a 38% increase in people cooking from scratch. Healthy eating is a priority for 55% across Europe. We discuss which consumer trends will stick post covid-19.
40%-50% of manufacturers’ workforce are unavailable on-site; farmers are seeing shortage of labor, which is accelerating further automation. We discuss how will supply chains evolve and what investments will be made.
Global food supply chain disruptions are accelerating food insecurity and domestic production considerations. We discuss which food sector enablement and security policies will be needed post covid-19.
An action plan towards the ‘new normal’ for the food industry is presented as it transitions from crisis management mode through three phases of Return (transition to post-COVID-19), Reform (operational setup) and Reinvent (new solutions, efficiencies, compliance). Similarly, for governments, a mid-term (1-3 year) strategy is provided through the three phases.