United Natural Foods Shares Top Trends to Help Grocery Retailers Prepare for Summer Selling Season
United Natural Foods (NYSE: UNFI) hosted its Spring and Summer Selling Show in San Diego, bringing together over 4,300 attendees, including 1,800 retailers and 800 supplier brands. The show highlighted several key market trends: retail media is expected to grow 24% annually between 2024-2028, private label brands are projected to grow ~40% over the next 6 years, and natural/organic products are forecasted to grow ~4% annually over the next four years.
The event featured discussions on emerging growth opportunities in grocery retail, with fresh product growth outpacing other store sections. UNFI's Chief Commercial Officer Louis Martin emphasized the importance of digital engagement and the UNFI Media Network. The show included a Pitch Slam competition for emerging suppliers in UNFI's UpNext program, with Sobo Foods winning the competition.
United Natural Foods (NYSE: UNFI) ha organizzato il suo Spring and Summer Selling Show a San Diego, riunendo oltre 4.300 partecipanti, tra cui 1.800 rivenditori e 800 marchi fornitori. L'evento ha messo in evidenza diverse tendenze chiave del mercato: si prevede che i media retail crescano del 24% annuo tra il 2024 e il 2028, i marchi a marchio privato dovrebbero crescere di circa il 40% nei prossimi 6 anni e i prodotti naturali/bio sono previsti in crescita di circa il 4% annuo nei prossimi quattro anni.
L'evento ha incluso discussioni sulle opportunità di crescita emergenti nel retail alimentare, con la crescita dei prodotti freschi che supera le altre sezioni dei negozi. Louis Martin, Chief Commercial Officer di UNFI, ha sottolineato l'importanza dell'engagement digitale e della UNFI Media Network. La fiera ha incluso una competizione Pitch Slam per i fornitori emergenti del programma UpNext di UNFI, con Sobo Foods che ha vinto la competizione.
United Natural Foods (NYSE: UNFI) organizó su Spring and Summer Selling Show en San Diego, reuniendo a más de 4,300 asistentes, incluidos 1,800 minoristas y 800 marcas proveedoras. El evento destacó varias tendencias clave del mercado: se espera que los medios minoristas crezcan un 24% anualmente entre 2024 y 2028, se proyecta que las marcas de etiqueta privada crezcan alrededor del 40% en los próximos 6 años y que los productos naturales/orgánicos crezcan un 4% anualmente en los próximos cuatro años.
El evento presentó discusiones sobre oportunidades de crecimiento emergentes en el comercio minorista de alimentos, con el crecimiento de productos frescos superando el de otras secciones de la tienda. Louis Martin, Director Comercial de UNFI, enfatizó la importancia del compromiso digital y de la red UNFI Media. La muestra incluyó una competencia Pitch Slam para proveedores emergentes en el programa UpNext de UNFI, donde Sobo Foods ganó la competencia.
유나이티드 내추럴 푸드 (NYSE: UNFI)가 샌디에고에서 봄, 여름 판매 쇼를 개최하여 4,300명 이상의 참석자를 모았으며, 그 중 1,800명이 소매업체, 800명이 공급업체 브랜드입니다. 이 쇼는 여러 주요 시장 트렌드를 강조했습니다: 소매 미디어는 2024년부터 2028년까지 매년 24% 성장할 것으로 예상됩니다, 프라이빗 라벨 브랜드는 향후 6년 동안 약 40% 성장할 것으로 예상됩니다, 그리고 자연/유기농 제품은 향후 4년 동안 매년 약 4% 성장할 것으로 예측됩니다.
이 행사에서는 식료품 소매의 새로운 성장 기회에 대한 논의가 이루어졌으며, 신선식품의 성장이 다른 매장 섹션의 성장을 초과했습니다. UNFI의 최고 상업 책임자인 루이스 마르틴은 디지털 참여와 UNFI 미디어 네트워크의 중요성을 강조했습니다. 이 쇼에는 UNFI의 UpNext 프로그램에 참여하는 신생 공급업체를 위한 피치 슬램 대회가 포함되었으며, Sobo Foods가 대회에서 우승했습니다.
United Natural Foods (NYSE: UNFI) a organisé son Spring and Summer Selling Show à San Diego, rassemblant plus de 4,300 participants, dont 1,800 détaillants et 800 marques fournisseurs. L'événement a mis en lumière plusieurs tendances clés du marché : les médias de détail devraient croître de 24 % par an entre 2024 et 2028, les marques de distributeur devraient croître d'environ 40% au cours des six prochaines années, et les produits naturels/biologiques devraient croître d'environ 4 % par an au cours des quatre prochaines années.
L'événement a présenté des discussions sur les opportunités de croissance émergentes dans le commerce de détail alimentaire, avec la croissance des produits frais surpassant celle des autres sections des magasins. Louis Martin, directeur commercial de UNFI, a souligné l'importance de l'engagement numérique et du réseau UNFI Media. La foire a inclus une compétition Pitch Slam pour les fournisseurs émergents du programme UpNext de UNFI, Sobo Foods remportant la compétition.
United Natural Foods (NYSE: UNFI) hat seine Spring and Summer Selling Show in San Diego ausgerichtet und über 4.300 Teilnehmer zusammengebracht, darunter 1.800 Einzelhändler und 800 Lieferantenmarken. Die Veranstaltung hob mehrere wichtige Markt- trends hervor: der Einzelhandelsmarkt wird voraussichtlich jährlich um 24% wachsen zwischen 2024 und 2028, die Eigenmarken werden in den nächsten 6 Jahren voraussichtlich um etwa 40% wachsen, und natürliche/biologische Produkte werden in den nächsten vier Jahren voraussichtlich jährlich um etwa 4% wachsen.
Die Veranstaltung beinhaltete Diskussionen über aufkommende Wachstumschancen im Lebensmittel-Einzelhandel, wobei das Wachstum frischer Produkte andere Ladenbereiche übertrifft. Louis Martin, Chief Commercial Officer von UNFI, betonte die Bedeutung der digitalen Interaktion und des UNFI Media Networks. Die Show beinhaltete einen Pitch Slam-Wettbewerb für aufstrebende Lieferanten im UpNext-Programm von UNFI, wobei Sobo Foods den Wettbewerb gewann.
- Retail media projected to grow 24% annually (2024-2028)
- Private label brands expected to grow ~40% over next 6 years
- Natural/organic segment forecasted to grow ~4% annually (2024-2028)
- Fresh product growth outperforming other store sections
- None.
Trends include growth of retail media, private label brands, and health and wellness products
More than 4,300 people attended UNFI's San Diego Selling Show, including 1,800 retailers and 800 supplier brands. Exhibitors showcased thousands of unique brands spanning natural, organic, fresh, specialty, and conventional grocery products. (Photo: Business Wire)
During the show, UNFI experts discussed current trends and emerging growth opportunities across the grocery retail industry. Top trends include*:
-
Retail media is projected to grow over
24% annually between 2024 and 2028. -
Private label brands are estimated to grow ~
40% over the next 6 years. - Fresh product growth is now outpacing the rest of the store.
-
Natural/organic and functional food/beverages are expected to grow ~
4% annually over the next four years. - Creating a differentiated experience is key to success for grocery retailers of all sizes.
Louis Martin, President of Conventional Grocery Products and UNFI Chief Commercial Officer, reflected on the continued growth of retail media and said, “While many retailers are engaging their shoppers digitally, there are still untapped opportunities to create a more comprehensive and customized digital experience. By partnering with UNFI, both retailers and suppliers can access our broad range of digital and professional services, like the UNFI Media Network, to drive profitable growth.”
A highlight of the show was a conversation with UNFI Co-Founder and Board Member Michael Funk, who shared his perspectives on the evolution of the grocery industry and UNFI’s focus on helping its customers be as competitive as possible. He said, “Innovation is key to keeping this industry vibrant. We need to constantly reset and adapt to best meet the needs of our customers.”
“We have a true partnership with UNFI, who’s been our primary distributor since 2010,” said Aaron Jones, Senior Director of Merchandising and Logistics, Bristol Farms. “I've enjoyed growing the relationship, finding unique brands, and learning about new-to-market products UNFI is bringing in. We’ve continued to strengthen our partnership on every level, from corporate buying to our store teams.”
During the show’s Pitch Slam competition, emerging suppliers in UNFI’s UpNext program had the opportunity to pitch their innovative new products to a live audience. “We’re thrilled to be a UNFI UpNext supplier,” said Eric Ji Sun Wu, Co-Founder of Sobo Foods and winner of the San Diego Pitch Slam. "We don’t know how we would have done this without the endlessly patient support the UNFI team has given us and the unreal visibility for Sobo Foods at this event.”
To support communities impacted by the
*Sources:
- Emarketer – Retail Media Ad Spending Forecast H1 2024
- Morgan Stanley – Private Label Tipping Point
- NielsenIQ Discover, Total US x AOC, all departments, data through 11/30/24
- Nutritional Business Journal “State of Natural Four-Year Forecast” (2024-2028)
About UNFI
UNFI is
View source version on businesswire.com: https://www.businesswire.com/news/home/20250123335195/en/
For Media:
Kristen Jimenez
404-906-8425
kristen.jimenez@unfi.com
For UNFI Investors:
Kristyn Farahmand
401-213-2160
kristyn.farahmand@unfi.com
-or-
Steve Bloomquist
952-828-4144
steve.j.bloomquist@unfi.com
Source: United Natural Foods, Inc.
FAQ
What are UNFI's projected growth rates for retail media between 2024-2028?
How much growth is expected in UNFI's private label brands over the next 6 years?
What is the projected annual growth rate for UNFI's natural/organic products through 2028?
How many retailers and suppliers attended UNFI's 2025 Spring and Summer Selling Show?
