Over the last few decades, the agri food sector has developed from solely serving a regional market into serving a global market. As a result, agri food companies have not only seen their market grow exponentially, but also noticed the number of competitors increasing. Due to this global landscape, the agri food market is constantly shifting and adapting to the ever-changing market needs.
On this page, we will take a closer look at both the challenges the agri food sector faces today, as well as the trends that are shaping the agri food sector and its subsections — dairy, meat, fish, fruit, vegetables and bakery - of tomorrow.
At the heart of our global food system lies the agri food industry. An industry made up of farmers, processors, traders and all kinds of crucial suppliers, together providing our daily food – whether its dairy, meat, fruit & vegetables, bread or any other kind of food you can think of. Do you want to better understand how this complex, innovative industry that is pivotal to our future works? Find a clear overview of its structure on this page.
The agriculture sector works to solve one of the worlds biggest challenges: providing a sustainable food supply to an increasing population. Food demand is expected to increase anywhere between 59% to 98% by 2050 (source). This will shape agricultural markets in ways we have not seen before. On the next page, we take a closer look at the agriculture trends that shape the future of this sector.
Did you know that agriculture is the least digitized of all major industries, according to the McKinsey Global Institute’s Digitization Index? Luckily, over the last few years, technological solutions which are suitable for the agri food market (f.e. robotics, lab based meat/milk and novel farming) have undergone considerable development, providing agri food companies with ample opportunities to improve both their production processes and the way they manage their business. On this page, we zoom in on these developments in agri food technology and explain how agri food companies could benefit from them.
As the future of agri food companies strongly relies on the way they handle the most pressing challenges in our global food system, it is a large challenge for the management of agri food companies to steer their businesses towards a bright future.
Having access to reliable and up-to-date company and market data helps agri food companies objectify discussions and ensure that improvement potential is not being left untapped. This page explains which KPIs and performance indicators provide business management teams within agri food companies with the right insights to steer their business towards a bright future and how you can use external data to your advantage.
In a fast developing industry, the ability to leverage data in a way that you profit from it will help you win the game. But with all the data available these days, where do you start? And more importantly, what are the fundamentals of performing a food industry analysis? This page explains how to successfully perform the three most vital analyses for agri food companies: industry analysis, benchmarking and market monitoring.
From growers and producers to processors and retailers, every part of the agri food industry is undergoing tremendous change today. Across the industry, companies are facing increasing pressure from consumers and policymakers to operate in a more integrated, transparent and sustainable manner and to produce food that is safe, environmentally friendly and provides value for money. Agri data plays a big role in keeping up with these complex dynamics and challenges. Wondering how data can support your decision making?
Are you gaining or losing compared to your main competitors? Do you know how the industry is performing on average? Are you following the right strategy? And what can you learn from other companies?
In an agri benchmark, these insights are derived from an analysis with both qualitative and quantitative information. What does the data tell you about your position in the market? In what areas are you performing better than the competition? Where do you need to improve? The answers to these questions help you set the right strategic ambitions, in the perspective of the market.
At A-INSIGHTS, we understand that the amount of data available about the agri food industry is overwhelming. A study of McKinsey (2019) shows that despite acknowledging the changes data and analytics are bringing to their industries, ‘many companies are still responding to these shifts with ad hoc initiatives, rather than through long-term strategic adjustments that are required for sustainable success.’
Most agri food companies realize they need to start leveraging this data to stay ahead of the competition. However, the best way to start is often unclear. How do you know what data is available? And, more importantly, which data is relevant and trustworthy? This page explains how we can help you retrieve valuable business insights from data on the agri food industry.
Want to know more about the trends and developments in the major sectors within the agri food industry? How is the overall sector performing? Who are the biggest players? How did they recover from COVID-19? Where is the sector heading? Read it in our free trend reports on the bakery, dairy, fruit & vegetables and meat industry via the button below.