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A new report from Acosta, Jacksonville, Fla., revealed CBD usage trends and what retailers and manufacturers can do to capitalize on the increasing demand.
Compared to the controls, incentivized shoppers—who receive an immediate 50% discount on qualifying fruit and vegetables—increased weekly spending on those items by 27%.
Health Affairs, Bethesda, Md., examined the effects of a financial incentive on purchases at a single supermarket by primary shoppers from low-income households who had at least one child.
The future of the sector revolves around being healthier, more sustainable and more concerned about how food affects the environment and society at large, according to a report released by Edelman, New York.
IRI, Chicago, outlined the significant benefits that consumer packaged goods (CPG) manufacturers and retailers reap through the use of collaborative technology platforms.
While e-commerce continues to be the fastest-growing channel, the online shift of edible grocery (comprising food and beverage) has been relatively slow when compared to other categories.
Store-based sales will continue to account for the majority of worldwide edible grocery sales over the next 5 years, but online sales are poised to grow much faster, as leading retailers continue to prioritize e-commerce by expanding their online assortment and fulfillment options, according to analysts at Edge by Ascential, London.
Millennials spend nearly 1,200 hours each year on food, whether it be meal-prepping, cooking or eating out, according to a study released by Sweet Earth Foods, Moss Landing, Calif.
Demand for packaged food in weight management is projected to expand at a significant pace in the forthcoming years, with volume expected to cross 118,195,000 tons in 2018, reflecting a rate of over 3.4% in 2018, according to a report published by Fact.MR, Rockville, Md. And, dairy is leading the charge.
For now, Americans are sticking with the traditional ways of getting food -- shopping for groceries in person at a grocery store, eating meals at restaurants and ordering food for take-out or delivery.
A survey of 2,000 Americans found over three-quarters (78%) believe the morning meal has changed in recent years, with growing breakfast menus (64%), a wider array of options (64%) and healthier food choices (48%) becoming more on-trend.