Articles Tagged with ''market trends''

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Study reveals consumers love to discover new flavors

Flavor remains the No. 1 factor of importance when buying food and beverages.
May 15, 2019
Two out of three U.S. consumers “love to discover new flavors,” while the same proportion say that “going out for dinner inspires their home cooking,” according to a survey released by Innova Market Insights, The Netherlands.
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Survey: Half of restaurant decision makers view technology as important to operations, but only one-third are implementing it

Although half of restaurant decision makers think technology is a way to address food waste, manage staff and drive customer traffic, only one-third of them are implementing it.
May 15, 2019
US Foods Holding Corp., Rosemont, Ill., released the results of a new survey of 500 independent restaurant decision makers to gauge their outlook on critical operational decisions.
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Study reveals 5 e-commerce growth trends through 2023

China dominates regional e-grocery activity in part because of the country's large urban population and rapidly expanding middle class.
May 13, 2019
Global food e-commerce sales are forecast to nearly triple through 2023, rising to $321 billion and accounting for nearly 5% of total e-commerce revenues, according to Packaged Facts, Rockville, Md.
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Study unveils Top 5 disrupters for the food, beverage industry

From new market entrants and go-to-market models, to technology advancements such as artificial intelligence, disruption comes in all forms.
May 10, 2019
IRI, Chicago, collaborated with Chicago-based Retail Leader magazine to discover the Top 5 disruptors impacting the retail industry.
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Study reveals how the cannabis craze will impact drugstore businesses

Consumers also report they will likely consume cannabis for a variety of reasons outside of recreation, according to Nielsen research.
May 10, 2019
According to the latest data from Nielsen, New York, and Headset, Seattle, Wash., consumer interest in purchasing legal cannabis exists across gender and age groups in the United States.
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Study: Most successful brands focus on wellness, indulgence, convenience

For the first time, products developed by companies with annual revenues under $1 billion represented the majority of top-ranking brands.
May 8, 2019
IRI, Chicago, released its “2018 New Product Pacesetters,” which highlights the most successful new product launches across food and beverage and convenience store sectors, among others.
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Study: Rising demand drives growth in U.S. milk production

The cheese category has grown over several decades as demand for natural cheeses like American and Italian-style cheese has grown.
May 6, 2019
Domestically, Americans are eating more cheese, yogurt and butter, which more than offsets declines in fluid milk consumption, according to a report published by Rabobank, The Netherlands.
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Survey sheds light on men’s online grocery shopping behavior

Men also plan out their meals prior to shopping and turn to outside resources when doing so.
May 2, 2019
Inmar, Winston-Salem, N.C., surveyed 2,000 online grocery shoppers, 45% of which were men, to better understand their motivations, major concerns and overall mindset when it comes to purchasing groceries online.
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Study: Restaurants brace for increased competition as emerging channels continue to expand

60% of respondents say that if their favorite food truck opened a restaurant, they would be likely to visit.
April 24, 2019
While usage of emerging channels is still low overall compared to traditional foodservice segments, strong appeal among younger consumers and continued nationwide expansion by these channels means increased competition for restaurants moving forward, according to “2019 Emerging Channels Consumer Trend Report.”
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