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Acosta reveals top CPG industry predictions for 2021
After a difficult year, Acosta's forecasted trends include an ongoing focus on personal health and self-care, technology activation acceleration and fulfillment efficiencies.
December 11, 2020
1 Min Read
Acosta
Experts from Acosta have compiled their top CPG predictions for 2021, which include an unceasing emphasis on health and safety, accelerated advances in e-commerce, inspirational in-store shopping experiences, efficiencies with fulfillment and consolidation and partnerships with retailers and manufacturers.
"Many of the changes we saw implemented in 2020 due to the pandemic will carry over into 2021. Health and safety will continue to be paramount for retailers and consumers, and e-commerce growth will continue on its accelerated path," said Colin Stewart, executive vice president of business intelligence at Acosta. "Grocery shopping was not fun this year, and post-COVID stores will need to make it a more enjoyable experience with unique offerings, better prices and stocked shelves."
Acosta's top CPG predictions for 2021, grouped into five categories, are:
Health, well-being and safety are No. 1
Store employee and shopper safety come first.
Increased focus on personal health and self-care.
Shoppers demand full transparency.
Increase in plant-based alternatives.
Technology activation accelerates
Increased role of e-commerce with seamless integration of brick-and-mortar stores and their digital platforms.
Mobile-driven store designs and real-time, personalized shopper solutions.
Auto-replenishment via online subscriptions.
Smart home integration with shopping.
Inspirational in-store shopping experiences
Focus on in-store shopper services and meal solutions.
Blurring of food at-home and away-from-home channels.
Self-serve food options in store are reinvented.
Personalized offerings become the norm.
Fulfillment efficiencies increase
Supply chain is revitalized.
Backroom, dark store fulfillment rise to meet demand.
Autonomous delivery forges ahead.
Post-COVID focus on the four Ps: product, price, promotion and place.
More consolidation and partnerships
Last-mile delivery options expand.
Unique offerings for in-store services.
Retailer and manufacturer mergers and acquisitions.
Source: Acosta
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