This document is the third edition of the GS1 Trend Research Report, which evaluates and comments on significant business trends and technologies impacting industries served by GS1. It outlines the ongoing disruptions caused by global inflation, climate change, and geopolitical tensions, while also highlighting the increased investment in sustainability initiatives and circular economy practices. The report identifies key trends such as data privacy, sustainability, supply chain digitalisation, and the influence of empowered consumers and the Metaverse. Additionally, it discusses the rapid advancement of technologies like artificial intelligence and their role in shaping these trends. The report emphasizes the importance of flexibility, collaboration, and innovation for companies navigating these challenges. It also details adjustments made to previously identified trends based on feedback from GS1 Member Organisations, ensuring the relevance of the report's findings. Overall, the report serves as a comprehensive guide for understanding the evolving landscape of business trends and technologies.