Tag Archives: IGD

A digital revolution

A new report from research organisation IGD (in association with The Consumer Goods Forum), reveals digital technologies are revolutionising the way the food and consumer goods industry operates, with online sales forecast to grow 163 per cent by 2023. According to the report, major grocery ecommerce markets will continue to …

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Global grocery markets to hit $2.6tn by 2023

The leading 20 global grocery markets are set to generate an additional $2.6 trillion in sales, says global research organisation IGD. Main findings IGD predicts growth of 28 per cent between 2018 and 2023. It anticipates: Nearly half (44 per cent) of the extra sales will be created in Asia, …

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Online grocery markets set for rapid growth

Online grocery markets will grow by 20 per cent every year until 2023, according to new research by IGD. IGD, which describes itself as a “research and training charity”, says the “twin enablers” of rapidly evolving shopper expectations and tech innovations are driving this growth. In fact, says IGD, the …

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It’s time for the grocery industry to seize the moment

Global grocery retailing is undergoing a period of momentous change, according to IGD Chief Executive Joanne Denney-Finch, giving the industry an unprecedented opportunity to deliver an inspirational, exciting future for shoppers. Speaking to delegates at the Asia-Pacific Retailers Convention & Exhibition in Kuala Lumpur, Malaysia, Ms Denney-Finch said there’s a …

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International news: strong growth expected for Asian big-box retailers

Asia’s leading large-format grocery retailers are forecast to grow on average 3.5 per cent a year between 2016 and 2021, according to figures from international grocery research organisation IGD. Although growth in large grocery formats varies significantly across the region and – as in other markets around the world – …

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Grocery stores of the future

The 10 critical considerations for the survival of physical grocery stores are covered in a report from international grocery research organisation IGD for the Consumer Goods Forum. The free-to-download report not only features the areas all grocery stores should be focusing on to ensure their future relevance, but also gives …

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State of revolution for global food industry

Staying one step ahead of shoppers’ changing needs is more challenging than ever for retailers and manufacturers, according to IGD CEO Joanne Denney-Finch. “This is a revolution in what products are sold, how they are sold and made, how shoppers choose and what society expects from a business,” she said …

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Getting in tune with your (retail) emotions

Food and grocery businesses must engage shoppers on an emotional level to stimulate growth, according to new findings from UK research firm IGD. IGD’s research studied shoppers’ feelings in detail, using an emotional gauge that identified five clear emotional states: control, desire, belonging, immersion and freedom. When testing grocery shopping …

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