Articles Tagged with ''market trends''

Mintel study: Majority of Americans want seasonal ingredients year-round

Seasonal food and drink ingredients present a welcome opportunity for consumers to extend that special holiday feeling or escape the dreary winter days for sunny summer flavors.
March 3, 2017
While Americans wait all year in anticipation for their favorite seasonal-inspired food and drinks, new research from Mintel, Chicago, reveals that nearly seven in 10 (67%) consumers enjoy being able to consume specific seasonal ingredients year-round.
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Increased competition, weaker consumer spending take a bite out of Canadian foodservice industry in 2017

One bright spot for the industry is strong growth in breakfast traffic, which rose by 6.3% in 2016 and now accounts for just under one in five restaurant visits.
March 2, 2017
An increasingly competitive landscape and weakening consumer spending will limit revenue growth to 3.9% for Canadian restaurants this year, according to The Conference Board of Canada's latest “Canadian Industrial Outlook: Canada's Food Services Industry.”
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Study: CPG spends more on digital than traditional ads

• Despite the increase in shopper marketing and digital spending, neither retailers nor shoppers are feeling the impact.
March 1, 2017
Dramatic changes have taken place in spending allocation within the consumer packaged goods (CPG) markets, but the retailer and shopper impact is lagging, according to the 2017 Marketing Spending Industry Study, “Blinded by the Light,” released by Cadent Consulting Group, Wilton, Conn.
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Study: Non-traditional dayparts, ingredients propel sandwich category

While proteins and carriers are top of mind for sandwich consumers, other components such as toppings and sauces are convenient pathways by which operators can explore novel flavor profiles.
March 1, 2017
Sandwiches, burgers and other handheld items account for nearly one out of every four dollars spent in the foodservice channel in 2016, totaling just over $205 billion in sales, according to "Foodservice Prepared Sandwich Category," a study produced by Technomic Inc., Chicago.
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“Power of Meat” study: Deflation changing retail meat purchases

The study found that selling meat as part of a total meal solution in ready-to-prepare meal kits drew consumer interest and has the potential to yield increased sales.
February 23, 2017
After years of increasing prices in a volume-challenged marketplace, deflation is profoundly changing the meat purchase yet again, according to a study released by The Food Marketing Institute (FMI), Arlington, Va., and the North American Meat Institute (NAMI), Washington, D.C.
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Study: Store brands are gaining share in fast-growing U.S. retail channels

For the 52-week period that ended 12/24/2016, retailers’ brands strongly outperformed the national brands in the rapidly-growing mass merchandisers segment.
February 22, 2017
Store brands are gaining market share against the big national brands in America’s fastest growing retail channels, according to the latest sales and market share statistics from Nielsen, New York.
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Global cold-pressed juice market to reach $845M by 2024

In 2016, sales of cold-pressed juices in North America accounted for more than one-third of global revenues.
February 19, 2017
A study conducted by Persistence Market Research, New York, estimates that the global sales of cold-pressed juices in 2016 brought in about $492 million in revenues.
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PMMI study: Healthy, convenient food options are top of mind

New product launches with plant-based claims have increased almost seven-fold since 2011.
February 15, 2017
Food processing machinery continues significant annual growth, increasing 11.3%, according to the “2017 Trends in Food Processing Operations” report, produced by PMMI.
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