E-commerce in the F&B industry is booming with recent research forecasting it to reach USD71.62 billion by 2028, registering a compound annual growth rate of 17.8 percent. The steep upward trajectory is driven by several key factors, including sweeping consumer shifts towards online shopping for groceries, ready-to-eat food deliveries and healthy produce.<\/p>\n\n\n\n
These trends have led to an urgent need for the industry to dig deeper into its e-commerce offerings to level up the ecosystem. Yet, while the segment provides a plethora of opportunities and huge business potential, there remains inevitable growing pains and more work needs to be done to ensure success for all links in the fast-moving digital chain \u2013 it is not simply a case of tying up with aggregators or launching a proprietary online delivery service.<\/p>\n\n\n\n
Trends, trials, and solutions to truly unlock the e-commerce potential will be explored in great depth for the first time at Gulfood 2022, the 27th edition of world\u2019s largest annual F&B sourcing event, which runs from 13 -17 February at Dubai World Trade Centre (DWTC).<\/p>\n\n\n\n
Big brand leaders, food technologists, policymakers, industry heads and start-up pioneers will convene in Dubai to unpack the industry and set the future agenda, with the all new Gulfood Inspire conference featuring dedicated sessions on e-commerce led by some of the sector\u2019s leading innovators, while a focused networking programme will ensure the F&B sector can realise its digital capability.<\/p>\n\n\n\n
“E-commerce in F&B is experiencing a meteoric rise thanks to a number of key factors. In this region specifically, it is flourishing thanks to increased high-income potential, high internet penetration, developed logistics network, modern digital payment systems, a growing tech-savvy youth population, and strong government support. As the F&B industry\u2019s undisputed transformative powerbroker, Gulfood will connect and create the future course of the digital marketplace, with crucial insights from producers and aggregators,” explained Trixie LohMirmand, Executive Vice President, Exhibitions & Events, DWTC.<\/p>\n\n\n\n
“It will be a coming together of an industry in need of addressing ecosystem challenges and opportunities, which if surmounted can be a huge engine of growth and transformation. What consumers are looking for from the food and beverage industry is very different from just a few years ago, and these new expectations are here to stay beyond 2022,” explained LohMirmand. “Gulfood will focus industry-wide debate on the trends and new value-chain networks that will shape the future.”<\/p>\n","protected":false},"excerpt":{"rendered":"
E-commerce in the F&B industry is booming with recent research forecasting it to reach USD71.62 billion by 2028, registering a compound annual growth rate of 17.8 percent. The steep upward trajectory is driven by several key factors, including sweeping consumer shifts towards online shopping for groceries, ready-to-eat food deliveries and healthy produce. These trends have […]<\/p>\n","protected":false},"author":1,"featured_media":18217,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-18215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1.jpg",1151,768,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1.jpg",1151,768,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1.jpg",1151,768,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1-300x200.jpg",300,200,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1.jpg",1151,768,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1.jpg",1151,768,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1.jpg",629,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/1627543765370724045-1.jpg",100,67,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"news<\/a>","rttpg_excerpt":"E-commerce in the F&B industry is booming with recent research forecasting it to reach USD71.62 billion by 2028, registering a compound annual growth rate of 17.8 percent. The steep upward trajectory is driven by several key factors, including sweeping consumer shifts towards online shopping for groceries, ready-to-eat food deliveries and healthy produce. These trends have…","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/18215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=18215"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/18215\/revisions"}],"predecessor-version":[{"id":18218,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/18215\/revisions\/18218"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/18217"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=18215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=18215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=18215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}