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A global food sector research initiative has been launched

Posted on by darion

The study will cover key topics and challenges facing retail executives. Source: Creativa Images via Shutterstock.

Food Industry Event Grocery and global strategy and management consulting firm The Partnering Group (TPG) are launching an exclusive research initiative for the food and CPG (consumer goods) industries.

Under the terms of the strategic content partnership, TPG will conduct global industry benchmarking research among grocery and CPG retailers.

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Retailers and brand members from both the Groceryshop and TPG communities will have the opportunity to contribute to new survey-based research as 2024 progresses.

The research will cover key topics and challenges facing retail executives, including unified commerce, organizational transformation, category leadership, retail media and store operations.

These are key issues affecting the global food market, which was valued at $10,845 billion in 2023 and is expected to grow at a CAGR (compounded annual growth rate) of over 4% from 2023 to 2028.

The full research results will be presented on stage at Groceryshop 2024, which will take place from October 7 to 9 at the Mandalay Bay Hotel in Las Vegas, USA.

The grocer’s vice president of original content and strategy, Ben Miller, commented: “The global food industry is undergoing rapid, digitally-driven change. “The ability to track how companies are responding to these changes and benchmark strategies accordingly has never been more critical.”

TPG partner Peter Strong added: “We are working with the global food, distributor and CPG community to ensure sustainable growth in the face of digital disruption. We look forward to bringing our communities together to share these new business-critical insights later this year.”