The growing influence of the state on the industry
All over the world, every government's country is more concerned about the faster uncontrollable
development that any sphere becomes. Even the developed part of the world will soon start to control
the industry more, according to the specialists. The mandatory labeling of all the products and the
introduction of electronic certification systems is the foremost concern. All this affects the cost of
trading business. According to the survey, the prime cost was put in the first place, among the factors
hindering the development of companies.
Digital technologies are reaching to a new level taking along with the companies to a new level of
efficiency; these changes are taking place from several years. Earlier the priority in the competition was
on increased investment, and today the focus is on advanced IT Solutions which changes the way
retailers interact with their customers and business partners. As per Forrester, more than half the
company's revenue will depend on digital technology, by 2020. Already, companies are using Data
Science to create targeted offers for buyers.
Development of E-Commerce and Delivery Services
According to analyst, by the year 2020, the e-commerce product segment is growing more rapidly than
others in retail, and the online trading market may rise by ten times. From the active development of
food delivery from offline stores can easily be traced. And this trend seems to be very successful.
Orientation of retailers to work with B2B clients
Following the leading player in small-scale wholesale, the German chain Metro Cash & Carry of the
company in the FMCG segment began to develop this line of sales for legal entities and private
entrepreneurs. With the possibility of mass purchase, particular retailers started expanding and opening
more and more shops. Small Wholesale sales are also developing in the network.
Growth in the share of Private Labels is a new development in FMCG Sector
The medley of food products of large retail chains today increases and reaches up to a quarter of
revenue in some chains. Networks will actively work in this direction, since there are no factors on the
market to compel the development of private labels. There are good players in the market that the
share of goods under a private label is one third or even half of the total retail turnover.
So these are the major changes, trends and development directions of the FMCG Sector for at least the
following year. But it is still difficult to tell that when the next turn or twist happens in the market,
especially after looking at the speed of our modern world. And to be able to grow with the flow it is
always better to keep in mind the current trends.