Food Product Innovation-4, Project #14521
Food Product Innovation-4, Project #14521
Uriel Corporation® (DBA: "Epic Ventures™") Projects
INDUSTRY STATISTICS:
Food And Grocery Retail Market Size And Forecast
Food And Grocery Retail Market size was valued at USD 12.1 Trillion in 2022 and is projected to reach USD 17.1 Trillion by 2030, growing at a CAGR of 5.0% from 2023 to 2030.
SOURCE: https://www.verifiedmarketresearch.com/product/food-grocery-retail-market/
Retail Trends
USDA, Economic Research Service (ERS) provides information on food store sales and sales growth as well as the share of food sales by retail segment and concentration.
Retail Food Sales and Sales Growth
The United States' 115,526 food stores sold $717 billion of retail food and nonfood products in 2019. Grocery stores—including supermarkets and smaller grocery stores, except convenience stores—accounted for the largest share of store sales (92.1 percent), followed by convenience stores without gasoline (4.6 percent). Specialized food stores—including meat and seafood markets, produce markets, retail bakeries, and candy and nut stores—accounted for the remaining 3.3 percent of the total.
SOURCE: https://www.ers.usda.gov/topics/food-markets-prices/retailing-wholesaling/retail-trends/
Requirements For National, Regional, or Global Commercialization:
1) Global Intellectual Property Cooperative Development Agreements. (To Be Discussed.)
2) Patent Litigation & Defense Fund/Insurance Cooperative Agreements. (To Be Discussed.)
3) Engineering, Development & Prototyping Cooperative Agreements. Estimated time required = 6 months to a year. (To Be Discussed.)
4) Key Executive & Project Commercialization Team Agreements, Employee Agreements, Recruiting Firm Agreements, Third-Party Operations Management Agreements, Installation & Service Technician Agreements, Warranty Services Agreements, and other Third-Party Consulting Agreements. (To Be Discussed.)
5) Production Manufacturing & Tooling Agreements. (To Be Discussed.)
6) Internal and External Marketing & Sales Agreements. (To Be Discussed.)
7) Website Development & Management Agreements; Social Media Development & Management Agreements; Online Advertising & Public Relations Agreements; E-commerce & E-Store Development & Management Agreements. (To Be Discussed.)
8) Distribution, E-Store, Manufacturing Rep, and Channel Partners Alliance Partner Agreements. (To Be Discussed.)
9) Equity Crowd Funding Platform Agreements; Fund-Raising Agreements; Loan, Credit Line, or other Financing Agreements; Business Broker Agreements, Merger & Acquisition Advisory Agreements, and or other related Agreements. (To Be Discussed.)
*NOTICE: Further Agreements or Other Agreements may be required for National, Regional, or Global Commercialization that may pertain to the project above. The Agreements shown above are only general requirements. Please further note that Uriel Corporation® (DBA: Epic Ventures™) reserves the right to cancel, abandon or withdraw, edit, amend, or replace this project for another project at its sole discretion. Uriel Corporation® (DBA: Epic Ventures™) reserves the right to remove this project from its activities, from its commercialization interests and from its pursuits. Please note that a listing on this site does not guarantee that this project will be commercially available, nor does a listing on this website guarantee that Uriel Corporation® (DBA: Epic Ventures™) will pursue any actual or potential collaborations with third parties. A project listing on this site does not guarantee that third parties will be able to participate in the commercial pursuit of this project or related ventures. Collaborations that might result from this listing are not guaranteed to succeed. Collaborators that wish to work with Uriel Corporation® (DBA: Epic Ventures™) on this project do so entirely at their own risk. Collaborators are urged to perform their own proper due diligence and they are urged to seek their own counsel to determine whether they should participate in this commercialization venture. All information, documents, designs, plans or other materials that may be obtained or communicated from Uriel Corporation® (DBA: Epic Ventures™) that may pertain to this project are the property of Uriel Corporation® (DBA: Epic Ventures™) and may be used by the recipient only for the purposes specifically intended by Uriel Corporation® (DBA: Epic Ventures™). The information that may be transmitted, including any emails, attachments, phone communications, faxes, snail mail, virtual meetings, physical meetings, or communications otherwise, is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, re-transmission, dissemination, or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited, and all liability arising therefrom is disclaimed. All collaborators shall agree to enter into NDAs/Non-Compete Agreements that will be required before any collaborations related to this project are further formalized in writing.