The Consumer Price Index for food at-home recently posted its largest monthly increase since February 1974
October 23, 2020
The Food Industry Association released a research that explains how the COVID-19 pandemic has affected grocery prices more than nearly any other category of consumer spending. In April, the Consumer Price Index for food at-home posted its largest monthly increase since February 1974 and grocery prices are up 5.6% for the period June 2019 to June 2020.
InsightsNow research indicates changing consumer behavior, and predicts impact on consumer product companies during COVID-19
July 22, 2020
The current tracker data shows consumer purchase motivators are shifting to satisfy psychological mood lifters and sensorial cravings as the coronavirus pandemic continues. While functional health and safety were found to be important during early stages of the pandemic, those motivators have decreased in importance as consumers report seeking out experiences to change their mood.
2020 Food & Health Survey also tracks trends over past decade; recent diet trends, plant protein consumption and sustainability interest
June 29, 2020
If the COVID-19 pandemic has had big impacts on how you’re eating, shopping for food and thinking about food you’re far from alone. According to the International Food Information Council’s (IFIC) 2020 Food & Health Survey, 85% of Americans have made at least some change in the food they eat or how they prepare it because of the coronavirus pandemic.
Meat, poultry, and beverage staples are top categories consumers reported out of stock
June 17, 2020
Although consumers have moved on from the panic grocery shopping they did in the early stage of COVID-19, they still maintain the same level of foods and beverages inventory. Across all categories, there has been only a 3% drop in the estimated number of food and beverage packages on hand in homes compared to early April, reports NPD.
A new report provides a clear picture of grocery shopping habits before the pandemic, attitude shifts that took place during COVID-19 and offers a glimpse of what might come next for the food industry.
NPD report finds that most online grocery shoppers also shop at brick & mortar grocery stores
April 26, 2018
Wanting to pick out their own fresh items was the top barrier to their shopping online for groceries, followed by not wanting to pay a delivery fee. Many consumers (46%) who are lapsed online grocery shoppers or have never shopped online like that walking through a store remind them of what else they need.
Online grocery shopping is currently one of the smallest segments for food and beverage sales, but this rapidly changing business is poised for tremendous growth over the next several years.