Food broker releases annual report on trends and predictions to reach global consumers
March 16, 2022
The pandemic has exacerbated the level of stress a consumer faces on a day-to-day basis and their attention to emotional wellbeing and stress support have accelerated in the ever-changing COVID era. As a result, many people are turning to vitamins and supplements to support their mental health. As such, vitamins & supplements saw 43% year over year growth on Amazon.
Overall competition for meal solutions is increasing as the restaurant industry rebounds. Industry market and consumer insights tracker NPD Group, Chicago, says the US restaurant industry ended 2021 better than the year began. Moreover, NPD predicts industry operators could recover 98% of pre-pandemic visits by the end of 2022.
Every year poses its share of market challenges to companies operating in the snack and bakery market—a vital economic sector, which at retail alone accounts for over $100 billion in annual US sales.
Flavors specialist T. Hasegawa eyes trends, tastes involving flavor and protein
February 28, 2022
For more than a century, T. Hasegawa has made “Life Taste Better” through custom flavors and fragrances developed for the world’s top food and beverage brands.
Trying to capture the fast-moving plant- and cell-based meat industry is something akin to taking a picture with an old Polaroid instant film camera. It’s only a very quick, momentary snapshot in time while the subject continues to change.
Packaged Facts projects that sales in this market will decelerate over the next five years
February 9, 2022
The US food and beverage industry has been impacted heavily by COVID-19. In 2020 and 2021, retail sales of children's food and beverage products expanded faster than average due to increased spending at food stores and growing desires for healthy products for the whole family.
Consumers continue to have an increased passion for home-prepared meals, an awareness of personal and planetary health, and a desire for comfort through food
January 26, 2022
Kroger's 2022 Food Trends Report is curated by Kroger's food experts – from Our Brands product developers to culinary specialists. The report contains 10 top trends that will influence consumer food purchases in 2022, while uncovering the "why" behind the trends.
More than 70% of US households placed at least one online grocery order during 2021
January 19, 2022
The US online grocery market captured $8.9 billion in sales during December as over 69 million households shopped online to satisfy grocery-related needs. December’s strong results helped annual online grocery sales reach $97.7 billion for 2021 as more than 70% of US households (93 million) received one or more orders during the year.
Welcome to 2022! It’s a good bet this new year will fly by even more quickly than the past one just did. Recently a key retail executive forecasted that their industry will change more in the next five years than it has in the past 50. Another executive believes society will change more in the next 50 years than it has in the last 300.
The new alcohol-free offerings come in response to travelers’ increased focus on wellbeing and growing interest in alcohol alternatives
December 27, 2021
In response to travelers’ changing alcohol consumption habits and increased focus on wellbeing, Zero Proof, Zero Judgment features products from leading liquor replacement Ritual Zero Proof and carbonated mixer supplier Fever-Tree.