Articles Tagged with ''market trends''

According to the latest data from Nielsen, Chicago, 187 new meal kit items were introduced within in-store retail outlets alone during the 52 weeks ended Dec. 29, 2018.

The global chilled and deli foods market is likely to reach $267.70 billion by 2025, exhibiting a CAGR of 5.2% during the forecast period, according to a report by Grand View Research, Inc., San Francisco.

E-commerce penetration is expected to at least triple in the next decade, according to new research from Bain & Co., Boston, Mass., and Google, Mountain View, Calif.

The demand for frozen ready meals is expected to witness steady demands in the foreseeable future, according to a report released by Future Market Insights, Valley Cottage, N.Y.

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 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.

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.

"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.

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.

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.