Research from the Institute of Grocery Distribution revealed that rising costs and output expectations for UK food businesses are pushing competitors to collaborate to address supply chain inefficiencies.
IGD anticipates a five-year period of recovery that will see the market ‘bounce back’ to above pre-pandemic forecasts.
With the hope of slashing the impact on the environment of all packaging systems, IGD has convened a working group of stakeholders from across the food and consumer goods industry.
According to the latest Shopper Confidence Index from IGD, shopper confidence has risen to its highest level in the last five years, driven by the further easing of lockdown restrictions, a sharp decline in Covid-19 cases and the rapid rollout of the vaccination programme.
A new guide has been released by the Institute of Grocery Distribution (IGD) to encourage manufacturers to take urgent action on the amount of surplus food being redistributed.