Articles Tagged with ''market trends''

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Study details the future of fresh food

With two in three consumers reporting more fresh food purchases, retailers are increasing the space allotted to fresh foods in their stores.
November 13, 2019
Deloitte, New York, released the “Future of Fresh” study, which surveyed 2,000 consumers and 153 fresh food industry executives to gain insights into consumer behavior and how manufacturers and retailers can grow the fresh food category.
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Study: Rising generation of food consumers more open to new food technology

Gen Z respondents indicated they are more likely to try a food grown with technology (77%) and are more comfortable overall with the use of technology to grow food (71%).
November 5, 2019
Gen Z—the newest generation of food consumers with purchasing power—is more open to food technology than older generations, according to new research from Ketchum, New York.
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Study reveals Top 10 trends re-shaping CPG industry

The CPG industry is undergoing significant change, with consumer preferences shifting rapidly and retailers adapting in the face of heightened competition.
November 1, 2019
Coresight Research, New York, reveals the Top 10 trends anticipated to re-shape the CPG industry.
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Survey reveals sustainability is driving demand, customer loyalty

Despite price still being a big factor in purchasing decisions, consumers are putting an emphasis on sustainability, and are also increasingly focused on shopping with brands whose mission they care about.
November 1, 2019
More than two-thirds of respondents consider sustainability when making a purchase, and are willing to pay more for sustainable products, according to 2019 Retail and Sustainability Survey, a survey produced by CGS, New York.
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Research shows two ways retailers can grow profits from online grocery sales

Most of the today’s growth in grocery spending is happening online, but the additional cost of assembling/fulfilling these orders makes the business less profitable than typical sales through the store.
November 1, 2019
Brick Meets Click, Barrington, Ill., completed an independent analysis to quantify the dollar impact to grocers of using a leading software-based fulfillment platform for online orders designed to reduce labor costs and drive higher sales.
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Plant-based foods—A fad or sticking around for good?

Millennials, born 1981-1996, are the top consumers of plant-based meat alternatives.
November 1, 2019
A new study by The NPD Group, Chicago, addresses the rapid growth of plant-based foods at retail and on restaurant menus, and discusses the interest in plant-based food as a passing fad vs. a long-term trend.
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Analysis shows online marketplaces set to exceed $7T by 2024

This rise is driven by more and more companies embracing marketplaces as a platform to facilitate online sales, expedite cross-border expansion, increase product range and improve logistics, costs and operations.
October 31, 2019
New analysis from iBe, a pan-European financial services advisory firm, found that online marketplaces could be worth as much as $7 trillion in sales by 2024.
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Research highlights consumer confusion regarding CBD

GMA’s survey reveals that six in 10 Americans are familiar with CBD, but confusion is rampant.
October 28, 2019
The market for cannabidiol (CBD) products may be booming, but new research released by the Grocery Manufacturers Association (GMA), Arlington, Va., shows that consumers are confused about what CBD is, what it does and whether CBD products are safe.
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