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Food Entrepreneur Challenges

We spent time researching hundreds of food entrepreneurs and came up with a consistent series of Issues that the Food Entrepreneur should be aware of. A number of these issues create challenges and hurdles.
  • An increasing number of entrepreneurs are seeking to start product based businesses.
  • Consumer food products can be prototyped in the entrepreneur’s kitchen.
  • Women are responsible for the majority of retail channel shopping trips.
  • Product development does not fully address the Retail Value Chain.
  • Products are developed without fully addressing shelf-ready attributes required by the retail trade.(packaging, labeling, supply chain, size, format, price)
  • Most information on Entrepreneurship does not address unique challenges of the retail consumer products sector; specifically products that support retail merchandising strategy.
  • Retail distribution channels are complex, not readily identifiable and difficult to break into.
  • Retail food products must satisfy the distinct needs of the consumer as well as the customer (the retailer).
  • Entrepreneurs are not aware of effective methods of new product presentation to retail buyers.
  • New products have little to no track record and carry a high degree of risk for retailers.
  • Consumers are searching for products to save money or to make their life better.
  • 76% of consumers are making their purchase decisions prior to entering the retail store.

Now that you see the challenges of Food Entrepreneurship, here is What You Need to Know.