Arla Foods Consolidated Annual Report 2021 slide image

Arla Foods Consolidated Annual Report 2021

16 Arla Foods Consolidated Annual Report 2021 / Strategy / Trends shaping our strategy TRENDS SHAPING OUR STRATEGY KEY DEMOGRAPHIC TRENDS CONSUMER TRENDS DRIVE GROWTH OPPORTUNITIES Contents ||| GROWING POPULATION Population growth in millions, 2020-2030 ACCELERATED URBANISATION Growth of urban populations, 2020-2030 +750 +8% POINTS 56% -> 64% Consumers demand more ADVANCED NUTRITION, sustainability on all fronts and new sources of food Purchase patterns are disrupted as online grocery shopping keeps growing, and technology becomes a differentiator, leading to a CHANNEL REVOLUTION DEMAND FOR DAIRY Forecasted yearly growth STRONG ECONOMY Global GDP growth, 2020-2024- +2% +5% CONSUMER ACTIVISM increases the need for transparency and authenticity SUSTAINABILITY Sustainability has become a deciding purchase factor for an increasingly large group of consumers
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