Impact of AI on $10tn PA food and beverage sales (F&B), fast moving consumer goods (FMCG). Why trust and emotion matter in an AI-influenced retail world. Extract Ch 16 - new book: How AI will Change Your Life - Patrick Dixon Futurist Keynote Speaker

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

MANY OF MY GLOBAL CLIENTS are food and beverages retailers (F&B), or they manufacture Fast Moving Consumer Goods (FMCG) retail products that sell globally, and these are sectors that are changing very rapidly but not always as people expect.  AI will be vital to the future of grocery retail, food and beverages - what we eat and drink. Take total online retail sales, (including Fast Moving Consumer Goods) which have reached 22% of retail globally.

This figure for home-food ordering leapt during COVID but will not leap forward as much again because there is a natural limit here – physical retail will always play an important role in every society. This is especially true for food, less so for beverages, because consumers often like to see, feel, smell the food they buy, and there are often wider ranges of package size in store compared to online. The UK is one of the world’s most advanced online economies: online food and grocery sales shot up during the pandemic as part of the jump in total retail sales from 20% to 37%, then (as I predicted) total online retail dropped back again, to 32%, which is probably close to where it will be for the longer term – significantly less than 50%.

AI impact on global food market - worth $1 trillion a year

The global food market is worth $10tn a year, and will grow rapidly. It needs to. More than 800 million people across the world are often hungry, while 1 billion are now considered obese. By 2050 the number of people who are obese will rise to 2 billion, and half a billion people will probably still be hungry. So how will AI help us provide enough food for tomorrow’s world?

There is no doubt that AI will help many farmers grow more food, using smaller teams. Agriculture in countries like the UK, France, US and Canada is already highly industrialised, with ever larger landholdings and food output. The latest agricultural machines are so complex and expensive that many individual farms now rent them by the day.

Farmers are totally dependent on the right amounts of sun and rain each month. More accurate long-range weather forecasts using AI will mean farmers improve their food harvest yields – advised by AI when best to plant, spray, weed, fertilise and harvest. AI will help farmers work out how best to maintain their soil with improved diagnostics. Videos by drones will be used by AI for ‘precision agriculture’: earlier diagnosis of damaged crops, weed infestations and possible disease...

Read on - buy my new book NOW ---- "How AI Will Change Your Life".

Looking for a world-class keynote speaker on AI in Food and Beverages (F&B) industry? Call +44 7768 511390

Read more: Impact of AI on $10tn PA food and beverage sales (F&B), fast moving consumer goods (FMCG). Why trust and emotion matter in an AI-influenced retail world. Extract Ch 16 - new book: How AI will Change Your Life - Patrick Dixon Futurist Keynote Speaker

Future of Fashion Industry, clothing and textiles. Why Male fashion will continue to change slowly, while female fashion will become more diverse and ethical: AI, wages, factory conditions and environment / sustainability. Fashion Keynote speaker

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The fashion industry has always been about tribes: what kind of person do you want to be? With whom are you identifying by the way you dress?  Expect hundreds more highly influential 16- or 17-year-olds, each with several million social network followers who read their blogs or tweets or watch their videos, to follow suit. That's regardless of how they buy: online or at a traditional store, beyond COVID.  

The fashion and textiles industries are worth over $1.8 trillion, growing 5% a year, employing 75 million people. At present 50% of global growth in apparel sales is in China, which has overtaken the US as the largest market. But prices globally have been falling in real terms for two decades, and will continue to do so as scale increases.

In the US, the industry employs 4 million people, in 280,000 outlets for clothes and shoes. I met an American cotton manufacturer recently who makes 1,400 pairs of socks every minute. Fashion is worth over $40bn a year to the UK economy, employing over 800,000 people – more than telcos, car manufacturing and publishing combined.

* "How AI Will Change your life - A Futurist's Guide to a Super-Smart World" - Patrick Dixon's latest book on AI is published in September 2024 by Profile Books.  It contains 38 chapters on the impact of AI across different industries, government and our wider world, including future impact of AI on fashion, textile industry, marketing and retail.

Read more: Future of Fashion Industry, clothing and textiles. Why Male fashion will continue to change slowly, while female fashion will become more diverse and ethical: AI, wages, factory conditions and environment / sustainability. Fashion Keynote speaker

Future of Retail in Emerging Markets - Asia, Latin America, Africa - boom of chains and informal retailers. Impact of e-commerce and online marketing, and how traditional retail will survive - retail trends keynote speaker

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

From Uganda to Congo, India to Vietnam, we will continue to see an almost identical retail experience. Almost all shops in the whole world will continue to be the roughly the size of a single shipping container – never much wider or deeper or higher. One outlet next to another for mile after mile. COVID had no impact on this megatrend despite all the media hype.

Such shops, typically with brick walls and tin roofs, are often living rooms of families who own them, and bedrooms at night. Lit by a single light bulb, such stores have an almost identical range of products as ten or twenty other similar shops within a few hundred metres. We see clusters of clothes shops, clusters of metal working shops, clusters of furniture shops. The most important rule in retail location has always been co-opetition. And this will be as true in the slums of a megacity as on the streets of Paris or New York. Jewellers will continue to cluster, fish sellers will cluster. Retail clustering will dominate physical retail globally for the next 100 years.

Malls will take off in all emerging markets. At the same time, expect growth in top-down mass-retailing in emerging markets, despite e-commerce. Big companies will invade a completely new area where there has never been a single store a fraction of the size before. The first mall in a new area will usually be relatively informal, not air-conditioned, housing smaller shops. And then premium malls will follow, identical in many ways to malls in Europe, Singapore, Beijing and North America.

* "How AI Will Change your life - A Futurist's Guide to a Super-Smart World" - Patrick Dixon's latest book on AI is published in September 2024 by Profile Books.  It contains 38 chapters on the impact of AI across different industries, government and our wider world, including future impact of AI on emerging markets including retail trends.

Read more: Future of Retail in Emerging Markets - Asia, Latin America, Africa - boom of chains and informal retailers. Impact of e-commerce and online marketing, and how traditional retail will survive - retail trends keynote speaker

Future of Retail: $5 trillion global e-commerce sales by 2025. Impact on malls and traditional retail. How to create MAGIC. Futurist speaker Interview with Fortune Magazine (Greece), and video of futurist keynote on retail trends in Greece and globally

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

Interview for Fortune Magazine (Greece) 21 February 2019 - Patrick Dixon gave a keynote on retail trends for Lamda Developments in Athens.

In many EU nations, 70% of all retail spending is already in just four or five retail chains, and across the EU as a whole, 50% of all food sales take place in just ten chains. National price wars will become regional price wars. Sales by chains in the EU will continue to grow fast – 25% growth over the last 14 years, but their retail floor space has grown at twice that rate, so their productivity has fallen

Global e-commerce sales will be $5 trillion by 2025, from more than $2.6 trillion in 2018, mostly on mobile devices. Amazon is now the world’s third largest retailer after companies like Wal-Mart, Carrefour and Tesco, with $232bn of sales a year.  Over 30% of all UK shopping apart from groceries is already online, growing at 10% a year, mostly via mobiles. E-commerce is growing at 30% a year in Asia. These are pointers to the future of Greek retail. In Greece, EU5bn is already spent online, mainly on shoes, clothes and electronic devices - over 3% of the entire economy, and 25% of this is bought on smartphones. 

Read more: Future of Retail: $5 trillion global e-commerce sales by 2025. Impact on malls and traditional retail. How to create MAGIC. Futurist speaker Interview with Fortune Magazine (Greece), and video of futurist keynote on retail trends in Greece and globally

Future of Retail Food industry Keynote - how to create Magic for your retail customers: grocery stores, hypermarkets, convenience stores, future patterns of food buying and consumer food preferences

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

Keynote on future of food industry, food retailers / trends in beverages  / supermarkets / superstores / retail food and beverages / drinks industry / future of convenience stores and specialist retail outlets – Keynote at SUPERMARKT DES JAHRES 2015, organized by Burda Life and LPV Media GmbH . Huge Ultra-HD wide screen was used at the retail event which is why the format of these slides is unusual.

How to create magic for your customers in the food industry. The future is about emotion: understand how your customer feels and you will unlock many secrets of future success. Seven key words will drive the future of food retail and the groceries industry: PRICE – SPEED – CHOICE – QUALITY – EXPERIENCE – INSPIRATION – TRUST. It is almost impossible to deliver on all seven and still make a profit.  Retailers need to decide how they are going to make their own customer magic.  For example, they could go for price, or for quality, or for a combination such as speed, price, experience (corner store), or quality, inspiration, choice (upmarket superstore).  Need a world-class retail keynote speaker for your event? Phone or e-mail Patrick Dixon now.

Read more: Future of Retail Food industry Keynote - how to create Magic for your retail customers: grocery stores, hypermarkets, convenience stores, future patterns of food buying and consumer food preferences

Future of Retail Industry - customers, fusion of online and offline shopping, mobiles, smartphones, computers, TVs, e-commerce, AI, mobile payments, retail banking, shopping malls, Big Data - retail keynote for Samsung

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

Video of Futurist keynote for 1000 VIP Samsung clients on future of retail including the use of Big Data.  For full article and the slides, press Read More link below. Online sales will exceed $1.5 trillion in 2014, of which $100bn will be in Latin America, $6.2bn in Mexico (up 40% in a year).  Most of Latin America’s online sales are on websites owned by traditional retailers. And sales per online user each year are also growing fast – averaging $578 across Latin America:  $854 in Mexico, $717 in Brazil and $380 in Argentina. Notes on Futurist keynote lecture for Samsung client event in Mexico – audience of IT / computers, mobile phones and electrical appliance retailers from Brazil, Mexico, Colombia, Argentina, Peru, Venezuala, Chile, Ecuador, Guatemala, Haiti, Bolivia, Dominican Republic, Honduras, Salvador, Costa Rica, Uruguay, Panama.  Need a world-class retail industry keynote speaker for your event? Phone or e-mail Patrick Dixon now.

Read more: Future of Retail Industry - customers, fusion of online and offline shopping, mobiles, smartphones, computers, TVs, e-commerce, AI, mobile payments, retail banking, shopping malls, Big Data - retail keynote for Samsung

AGILE Retail - how to stay ahead your digital customers! Future Retail - global trends and impact on customer decisions, retail marketing, retail supply chains. Futurist keynote speaker - VIDEO

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

How to create magic for customers with Agile Leadership, Agile processes and Agile Innovation. Patrick Dixon, keynote speaker, at the Agile Business Conference. Seizing opportunities and managing risks. How to guard against institutional blindness. Key global trends impacting the economy, demographics, tribal marketing, global supply chains and increasing scale in retailing as well as future of manufacturing. Future of marketing, management and motivation. Big Data and Little Data - impact on retailing. Location-triggered marketing. Impact of sustainability and ethical issues on retail and consumer decisions.

Read more: AGILE Retail - how to stay ahead your digital customers! Future Retail - global trends and impact on customer decisions, retail marketing, retail supply chains. Futurist keynote speaker - VIDEO

How to feed 11 billion people - future of the food industry. Why there will be plenty of food to feed everyone if we tackle supply chain and retail waste, and improve efficiency in farming. Food industry trends keynote speaker

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

Today, we grow enough food to feed 9 billion people, and in future we should easily be able to feed 11 billion. We waste well over 40 per cent of the food we grow, worth USD3 trillion – in fields, storehouses, factories, warehouses, shops and rubbish bins.

We will see more genetically modified crops in many regions, with crops resistant to disease, drought, and able to grow in salty soil. Genetically modified animals will also be widely consumed in over 30 per cent of the world by 2040.

Expect a rise in the proportion of global grain production used to feed animals to more than 45 per cent beyond 2025. Already more than 70 per cent of grain produced by wealthy nations is fed to livestock. There are absolute limits on the availability of suitable land. Therefore, the price of farmland is likely to rise in many nations over the next 20 years.

Read more: How to feed 11 billion people - future of the food industry. Why there will be plenty of food to feed everyone if we tackle supply chain and retail waste, and improve efficiency in farming. Food industry trends keynote speaker

Impact of COVID Pandemic on strategies for Retail Industry, Food and Drink - board strategy review. Futurist keynote speaker

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

Retail strategies for a post-coronavirus world. As a physician by first training and a Futurist advisor / keynote speaker on industry trends and strategy to over 400 of the world's largest 2000 companies, with a proven track record of longer term forecasting over the last 25+ years, here are some guiding principles for the retail sector beyond Coronavirus / COVID.  The retail sector will recover more rapidly in emerging markets with younger populations, less access to health care, and faster spread of coronavirus.

The Global Crisis will accelerate pre-existing retail trends. Most megatrends described in my books, including The Future of Almost Everything, will continue to shape the world fo retail, food and drink sales as before, but the Coronavirus pandemic will bring forward the timings of many key events in many industries and will cause major disruptions.

Book your own board strategy review and coronavirus update - contact Futurist and Physician Dr Patrick Dixon 

Read more: Impact of COVID Pandemic on strategies for Retail Industry, Food and Drink - board strategy review. Futurist keynote speaker

Future of Retail Industry, future shopping malls, e-commerce, online and offline consumers, impact of smartphones and Big Data. Future of out-of-store shopping and 24 hour convenience stores. Retail Trends Keynote - CALL NOW +44 7768 511390

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

Keynote on Future of Retail Industry for BNP Paribas (Bulgaria)

Expect a huge revolution in retail trends over the next decade.  The video above takes us through a large number of these issues - ranging from consolidation and emergence of super-chains, to the rise of both budget and premium brands, e-commerce, impact of older consumers - and the total transformation in physical retail, that is being driven by mobile technologies in an "always-connected" world, where offline / online merges into one total customer experience. Need a world-class retail keynote speaker? Phone Patrick Dixon now or email.

Read more: Future of Retail Industry, future shopping malls, e-commerce, online and offline consumers, impact of smartphones and Big Data. Future of out-of-store shopping and 24 hour convenience stores. Retail Trends Keynote - CALL NOW +44 7768 511390

Future of the Food Industry and Retail Trends - Futurist keynotes, Videos on Retail Trends

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

Future of food industry and retail sector – articles, videos and keynotes on the future of the food and retail industry. Food is an emotional business – just think of a mother’s anxieties when there is yet another scare about contamination of baby food.  The same applies to drinks. So if we want to understand the future of food and beverages, we need to understand how consumer emotions are changing. Leaders of food and drink companies need to be sharply focused on rapid changes in public mood, perception and values, with uncompromising commitment to quality and value. Brand reputation is earned in a lifetime and lost in a day. Food brands have proved remarkably enduring because food enables us to recapture early childhood memories. 

Read more: Future of the Food Industry and Retail Trends - Futurist keynotes, Videos on Retail Trends

Future of Retail Industry - focus on retail sector in Latin America, smartphone sales, rapid growth of e-Commerce. Why Big Data matters in retail yet greatest value often in Little Data. Future of Retail Keynote Speaker

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

Future retail trends in Latin America: 70 million people are already online in Mexico (58% of adults), 88 million in Brazil (46%), 28 million in Argentina (67%), 10 million in Chile (59%) and 10 million in Peru (34%).

While it is true that in these nations, most consumers are still very uncomfortable about buying online, that is changing fast. Compare with the UK where 33% of some groups of people have stopped watching conventional TV because they only watch TV online, and where 12% of all retail is now online shopping, of which over 50% of purchases are using a mobile device. 

Post written in 2014 - very accurate.

Need a world-class retail industry keynote speaker for your event? Phone or e-mail Patrick Dixon now

Read more: Future of Retail Industry - focus on retail sector in Latin America, smartphone sales, rapid growth of e-Commerce. Why Big Data matters in retail yet greatest value often in Little Data. Future of Retail Keynote Speaker

Future of the retail sector in Europe, customers and marketing - Future of Retail Keynote Speaker

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Retail Keynote Speaker, e-commerce

Here are some key trends for the retail industry over the next 5-10 years in Europe: Time-Savers, Brand-Busters, Mega-Chains, Blood-Bath, Niche Traders, Older Consumers, Food Shortages, Ultra-Premium, Online Boom, Mobile Marketing, Online Aggregators, Wireless Payment, Wireless Warehousing, Leisure Retailing, Speed to Market, Power Packaging, Brands within Brands, Hype to Revelation - and most of all, Customer Focus.

Patrick Dixon has worked with many of the world's largest manufacturers of retail goods, and is one of the world's leading experts on retail trends as a Futurist keynote speaker.

Read more: Future of the retail sector in Europe, customers and marketing - Future of Retail Keynote Speaker