Frozen food sales rose significantly the final week of April, according to new research by the American Frozen Food Institute (AFFI), 210 Analytics, and IRI. The +50.3% increase was the highest since the height of mid-March stockpiling by consumers, when frozen food sales peaked at +94.4% compared to 2019 sales for the same time period. The +50.3% increase translates to $1.3 billion compared to $442 million in 2019.
The adage, "shoot for the moon and you'll still land among the stars" comes to mind when assessing frozen food sales since early March. The rocket launch of consumer stockpiling created astronomical sales figures that were impossible to sustain, but now that buying has leveled off, the year-over-year numbers look like they'll be hovering around +30% over 2019 sales for weeks to come, if not the rest of 2020, according to new data from the American Frozen Food Institute (AFFI) and 210 Analytics. That means the meteoric sales arc created by panic buying in March has a long way to go before it comes down to normal levels.
Attendees representing the $57 billion frozen food and beverage supply chain gathered in Las Vegas recently for the 2020 AFFI Frozen Food Convention (AFFI-CON), where new AFFI officers were elected: Meghan Swan of J.R. Simplot Company as chair; Julia Sabin of The J.M. Smucker Company as chair elect; and Mike McEvoy of Sargento Foods as immediate past chair.
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
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.
The study focused on developing and testing a computer model that has the potential to pinpoint locations in a food manufacturing facility where Lm might be found.
January 24, 2019
New research funded in part by the Frozen Food Foundation, a non-profit arm of American Frozen Food Institute, Arlington, Va., reveals a possible solution for controlling Listeria monocytogenes (Lm) in food manufacturing facilities.
The May 2020 issue of Refrigerated & Frozen Foods magazine highlights sustainable solutions for companies along the cold chain, plus coronavirus and food safety coverage, lift truck technology, pizza innovations, new dairy and dairy-alternative products, plus much more—just click the stories below to start reading.