market trends

AFFI: Frozen foods market generates $57B in retail sales

In addition to convenience, core frozen food shoppers stated they also value the taste, quality, variety and consistency of the food itself.

February 20, 2019

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The American Frozen Food Institute (AFFI), Arlington, Va., and Food Marketing Institute (FMI), Arlington, Va., released “The Power of Frozen 2019,” an inaugural exploration into the consumption, purchase drivers and use of frozen foods.

Report: Frozen foods market worth $282.5B by 2023

The convenience food and ready meals segment dominated the frozen foods market in 2018.

February 15, 2019

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The frozen foods market is estimated to account for about $219.9 billion in 2018, and is projected to reach nearly $282.5 billion by 2023, growing at a CAGR of 5.1% from 2018, according to a new report published by MarketsandMarkets, New York.

Study: Oldest Americans most focused on reducing food waste

The majority of all Americans (88%) say they take steps to reduce food waste at home. This includes 94% of consumers age 55 and older and 81% of those under 30 years old.

February 15, 2019

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The vast majority of Americans are paying attention to reducing food waste with the oldest being the most cognizant, according to a Food Literacy and Engagement Poll conducted by Michigan State University (MSU), East Lansing, Mich.

Food market outlook report highlights disruptive innovation trends of 2019

For example, several start-ups are innovating and disrupting in locally grown produce.

February 14, 2019

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"Disruptive innovation" will shake up years of subtle stagnation in the mature food industry and spur growth over the foreseeable future, according to a report published by Packaged Facts, Rockville, Md.

Report: Gen Z adults seek foods that fit their busy, health-conscious lifestyles

The report further reveals that households headed by adults under age 25 are 29% more likely to eat shelf-to-microwave dinners and 26% more likely to eat frozen breakfast entrées/sandwiches.

February 11, 2019

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Young Gen Z adults (18-24 year olds) are more likely than their Millennial predecessors to say they often snack between meals (74% vs. 66%), and when they do slow down to prepare a meal, young Gen Z adults are more likely to prefer simple, easy-to-prepare meals (58% vs. 40%), according to “Looking Ahead to Gen Z: Demographic Patterns and Spending Trends,” a report from Packaged Facts, Rockville, Md.

Study: Sustainability concerns, alternative proteins shift the dynamic for beef, pork menu offerings

44% of consumers who often eat pork say it’s important they eat pork that came from animals treated humanely.

February 11, 2019

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The “2019 Center of the Plate: Beef and Pork Consumer Trend Report,” produced by Technomic, Chicago, explores how the rise of popularity in alternative proteins and the transparency of animal treatment are affecting consumers’ preferences.

Study: Frozen food packaging market to account for $39M by 2022

Demand for frozen food packages will continue to increase thanks to a surge in the food delivery system.

February 6, 2019

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The global market of frozen food products is projected to reflect a CAGR of 4.9% over the forecast period 2017-2022, according to a study released by Future Market Insights, Valley Cottage, N.Y.

Study reveals Americans want all industries to demonstrate corporate social responsibility

• People want to know that businesses relying on a global supply chain are not causing harm to people or the environment.

February 6, 2019

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Consumers typically associate the food industry with corporate social responsibility, according to a study released by Clutch, Washington, D.C.

Survey finds organic consumers' lifestyle choices bust stereotypes

Health is still the No. 1 reason to purchase organic, and the younger the consumer, the more organic they say they buy.

February 5, 2019

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Today's organic shoppers are more mainstream and diverse than most contemporary stereotypes of pro-organic shoppers, according to a survey conducted by Earthbound Farm, San Juan Bautista, Calif.

Study finds consumer confidence makes big impact on e-commerce growth

In fact, 2018’s e-commerce sales increased by 35.4%, according to IRI’s new research.

February 5, 2019

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Nearly 55% of consumers report their households were in good financial shape in Q4 2018, up 4% from Q3 2018 and 2% from Q4 2017, according to “Consumer Confidence Reflected in E-Commerce Growth,” produced by IRI, Chicago.

This event is focused on the fast-growing Good Food movement — and we are proud to host the outstanding collection of expert speakers, chefs, farmers, entrepreneurs, investors, buyers, sellers, DIY enthusiasts and consumers who are accelerating the rise of a better food system.

Food & Beverage Innovation Forum 2019 (FBIF2019) will be held at Hangzhou International Expo Center, China from 23rd-25th of April, 2019.

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AFFI: Frozen foods market generates $57B in retail sales

Report: Frozen foods market worth $282.5B by 2023

Study: Oldest Americans most focused on reducing food waste

Food market outlook report highlights disruptive innovation trends of 2019

Report: Gen Z adults seek foods that fit their busy, health-conscious lifestyles

Study: Sustainability concerns, alternative proteins shift the dynamic for beef, pork menu offerings

Study: Frozen food packaging market to account for $39M by 2022

Study reveals Americans want all industries to demonstrate corporate social responsibility

Survey finds organic consumers' lifestyle choices bust stereotypes

Study finds consumer confidence makes big impact on e-commerce growth

EVENTS

Industry

2019 Good Food Expo

The Digital Convergence Forum at GS1 Connect 2016

Industry

Food & Beverage Innovation Forum 2019 (FBIF2019)

Refrigerated & Frozen Foods Magazine

2019 January

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