As inflation slowly moderates, US consumers continue to feel the pinch of higher food costs. Value retailers are seeing more foot traffic as shoppers shift to store brands and cut back on non-food expenses. According to Circana, formerly IRI and The NPD Group, consumers are looking for ways to make their budgets stretch, from canceling subscriptions to favoring at-home meals over dining out.
Consumers can now make a Taco Bell-approved Crunchwrap Supreme and Chipotle Chicken Quesadilla at home
January 11, 2024
Taco Bell at Home introduces the first-ever Crunchwrap Supreme and Chipotle Chicken Quesadilla “Cravings Kits,” featuring proprietary Taco Bell restaurant ingredients, seasonings and sauces essential to making these fan-favorites at home.
IRI, 210 Analytics and Marriner Marketing joined forces to study meat department sales and trends. In an end-of-year review, 210 Analytics President Anne-Marie Roerink noted that department sales have increased more than $9 billion between 2018 and 2022. Moreover, sales reached a record high of $87.1 billion, up 5.8% from 2021 levels.
IRI and NPD report that at- and away-from-home food market is forecast to grow 8% in 2022
August 24, 2022
The nearly $1.5 trillion at- and away-from-home food market is forecast to grow around 8% in 2022, with at-home food (8.7% sales growth versus a year ago) outpacing away-from-home (6% versus a year ago), according to IRI’s and NPD’s inaugural joint research.
Pre-pandemic changes in the workforce and an aging population contributed to a home-centric lifestyle
December 17, 2021
Most analyses during the pandemic have focused on discerning its impact on consumer behavior and forecasting how this might change going forward. However, before the pandemic structural changes in the workforce and the aging population already contributed to a home-centric lifestyle, and COVID accelerated it, reports The NPD Group.
According to a new report, the majority of meals will continue to be eaten at home for the foreseeable future
September 1, 2021
Most analyses during the pandemic have focused on discerning its impact on consumer behavior and forecasting how this might change going forward. However, before the pandemic structural changes in the workforce and the aging population already contributed to a home-centric lifestyle, and COVID accelerated it, reports The NPD Group.
Six new meals feature plant-based twists on classic comfort foods and global cuisines, including Freshly’s own Rainbow Harvest Plant-Based Burger
August 10, 2021
Freshly Inc., a chef-prepared meal delivery service, launched its first-ever plant-based line including six new purely plant meals featuring plant-based proteins made with clean, whole-food ingredients.
2021 FMI US Grocery Shopper Trends report prepared in partnership offers a window into consumers’ thinking during the new era of at-home meals
May 26, 2021
The 2021 edition, prepared in partnership with The Hartman Group, explores how the future of food retail will be colored by the pandemic – driven by shifts in the way consumers purchase groceries.
By now, we've all read about the surge in home-cooking. Spending more time at home during the pandemic has provided the context for consumers to explore the food preparation spectrum, from making soups and casseroles to researching global foods and flavors and of course making a valiant attempt at baking.