The Upcoming Trends In The Agri-Food Market For 2023

The agri-food market is essential to the ongoing success of the rest of the corporate landscape and indeed, the rest of the world.

That’s because the global economic, social and political systems couldn’t sustain themselves without food products of some sort.

Every single person has to eat, so food will always be a key part of the international economy. As testimony to its importance, the market is worth trillions of dollars and is set to grow by 6.72% per year going forward.

If you’re working in the agri-food landscape, then you need to understand the current market and also how it will be changing as we move closer towards 2023.

To help, we’ve created this article that sheds light on the top upcoming agri-food market trends we’re seeing and how they will affect the market over the next coming months.

Focus On Sustainability

Sustainability is a key focus for many markets throughout the business space, as the world continues to experience drastic shifts in weather patterns as a result of climate change and fuel shortages. In the agri-food market, sustainability will continue to be a large core focus for many consumers, but also for business leaders looking to reduce their dependence on costly fossil fuels. Energy prices are so incredibly high across the world right now, so food producers, growers and service providers will be seeking a number of new and inventive ways to reduce their reliance on fossil fuels. Many will consider investing in other alternative fuels and low-energy solutions that will benefit the environment and their profit margins.

Rising Demand For Texturally-Unique Foods

Modern customers enjoy innovative products that offer unique textures and tastes. As a result, there is a rising demand for food ingredients and processes that can create innovative and texturally interesting products, such as snack pellets that create 3D shapes. Modern customers are eager to explore new textures and types of food, so they will be keen to try different options such as puffed snacks and foods in unusual shapes. Looking to the future, these products will be particularly useful for food producers looking to expand their range and offer the foods that customers expect in today’s highly competitive food landscape.

Technology Will Continue To Improve Efficiency

Over the recent years, the food growth as well as the production markets have changed dramatically thanks to the rise in automated technology and cutting-edge software products. There are now many solutions to save time on almost each and every step of the process, from taking orders and managing inventory to processing and packaging food items. As we look ahead to the future, it’s clear that new tech will lead to even greater advancements for the agri-food market, so producers should stay up to date with the latest innovations in the market and keep exploring newer and better options. They’ll then be able to ensure that their processes are always as efficient as possible and offer consumers delicious and nutritious foods.

 

Section:

Pete White Pete White

Love Shrewsbury editor and chief developer at The Web Orchard, find out more on petejwhite.com

Read More from Pete White