As e-commerce continues to intensify in the business-to-business sector, the food industry has taken a giant leap forward in adopting electronic methods for locating products, according to FoodTRENDS(TM) 2000, a comprehensive annual study on purchasing trends among food industry buyers and specifiers.FoodTRENDS(TM) 2000 clearly indicates that the food industry is keeping pace with the surging world of e-commerce in terms of electronic sourcing/purchasing and the development of credit/charge card usage. The survey found that areas seeing significant growth include sourcing/purchasing on the Internet or with proprietary software, e-mail communication, and credit card acceptance and use for wholesale purchases.The survey sponsored by Thomas Food Industry Register and American Express examined three key market segments -- restaurants with fewer than six units, wholesalers/distributors, and food processors."The majority of food industry executives are sourcing via the Internet," says Linda Rigano, Publisher of Thomas Food Industry Register. "With wider product selection online, the ability to buy direct, and the convenience of shopping during non-business hours, more than 80% of respondents expect their online purchases to increase over the next two years."
USA: Food industry heats up with latest e-commerce trends, reveals Thomas Food Industry Register and American Express
Get full access to all content, just $1 for 30 days

just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- The UK snack-bar market during Covid-19
- Will Danone 2021 predictions placate critics?
- China becomes Nestle's problem child
- Can plant-based cheese come of age?
- Where is UK snack-bar market headed?
News
- Danone makes change at top amid investor pressure
- Beyond Meat hails fast-food deals but shares fall
- US investment firm Artisan renews Danone attack
- Danone moves to sell stake in Chinese dairy firm
- Maple Leaf takes action on plant-based brands
Market research
- Meal Kits (Prepared Meals) Market in the United Kingdom - Outlook to 2023: Market Size, Growth and Forecast Analytics
- Bangladesh In-depth PEST Insights
- Condiment Sauces (Seasonings, Dressings & Sauces) Market in Germany - Outlook to 2023: Market Size, Growth and Forecast Analytics
- RCL Foods Ltd (RCL) - Financial and Strategic SWOT Analysis Review
- Soups in the United States
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
