Articles Tagged with ''market trends''

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Study reveals digital interaction with shoppers strengthening

More than six out of 10 (63%) supermarket shoppers interact with their supermarket digitally, up from the 56% found in 2017.
April 9, 2019
Online grocery shopping use varies widely across different consumer segments, according to the “2019 U.S. Supermarket Digital & Social Engagement Study,” presented by the Retail Feedback Group (RFG), Lake Success, N.Y.
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Study: Aquaponics market to increase 7.4% CAGR by 2028

The report opines that the numerous advantages of producing aquaponics vegetables over traditional farming production in terms of fertilizer use, land usage, water requirement and climatic constraints are expected to drive aquaponics market growth.
April 8, 2019
The aquaponics market is anticipated to increase at a rigorous 7.4% CAGR by produce type during the 2018-2028 period, according to analysis by Persistence Market Research, New York.
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Study: 85% of food, hospitality brands need to improve on reputation management

The study indicates that hospitality marketers are prioritizing strategies for streamlining the customer experience and monitoring reviews across sites.
April 4, 2019
As customers interact with — and review — brands across a growing number of third-party sites, reputation management is the key area of focus for this group, with 66% planning to focus on "collecting customer feedback" and 51% planning to enhance their ability to monitor and respond to online reviews, according to new research produced by Yext, Inc., New York.
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Study: Consumers expect businesses to support social issues

Nearly 89% of consumers support businesses that take stances related to the environment.
April 3, 2019
Shoppers expect businesses to demonstrate corporate social responsibility by taking stances on pertinent social issues. Some issues, however, are more divisive than others, according to a study by Clutch, Washington, D.C.
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Report: U.S. convenience stores experience record food sales in 2018

U.S. convenience stores sales overall surged 8.9% to $654.3 billion, while in-store sales increased 2.2% to a record $242.2 billion.
April 3, 2019
U.S. convenience stores experienced a 16th straight year of record in-store sales in 2018, according to new data published in NACS State of the Industry report, presented by the National Association of Convenience Stores (NACS), Alexandria, Va.
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Report: Non-dairy creamer market set to register CAGR of 5.5% by 2028

The study reveals that light and fat-free non-dairy creamers will collectively account for over two-fifths of the overall non-dairy creamer consumption in 2019.
April 3, 2019
Fat-free, plant-based and organic creamers claim the largest market share of the group, according to a new research study by Future Market Insights (FMI), Valley Cottage, N.Y.
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Study: Food industry M&As dip in 2018, manufacturers lead activity

Food processors took part in 152 deals in 2018, a 19.4% decrease from 2017, while the retail sector increased almost 40% from the previous year.
April 3, 2019
The Food Institute, Upper Saddle River, N.J., tallied 527 food industry mergers and acquisitions in 2018, down almost 11% from 2017’s record year, according to its annual “Food Business Mergers & Acquisitions” report.
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Study: Organic poultry, meat farming market to reach $15.58B by 2026

The increasing number of government regulations to support organic livestock and poultry globally is a significant factor influencing market demand.
April 1, 2019
The global organic poultry/meat farming market is expected to reach $15.58 billion by 2026, according to a new report by Reports and Data, New York.
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