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Grubhub Launches Annual "Year In Food" Report Highlighting the Top Trends in 2019

Grubhub, the nation's leading online and mobile food-ordering and delivery marketplace, today released findings from its annual "Year in Food" report. To find out what food trends shaped the year (or didn't), Grubhub analyzed tens of millions of orders placed by more than 21 million diners on its platform to uncover the flavors and tastes rising up the ranks among today's diners. Additionally, diners will receive their personalized "Taste of 2019" to get a glimpse of their favorite cuisines, menu items, and ordering habits throughout the year.

Key takeaways from the 2019 "Year in Food" report includes...

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Dec 5 8:18 AM, UB Newswires



Restaurant Gift Card Use Trends Up

Gift card season is officially upon us. And though the majority of Winter holiday shoppers are focused on gift cards for top retailers, it’s important not to overlook the growing use of gift cards to popular restaurants and coffeehouses.

In the recent report Eating Trends: Restaurant Use, Packaged Facts states that between 2011 and 2019, the share of adults who buy gift cards overall has declined by five percentage points, to 39%. However, purchase of gift cards specifically for restaurants or coffeehouses is up by three percentage points, to 20%. Usage has steadily increased each year since 2011. As a result, growth in use of restaurant gift cards, much like growth in the use of restaurant coupons, is...

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Dec 4 9:31 AM, General News


Thanksgiving Weekend Draws Nearly 190 Million Shoppers, Spending Up 16 Percent

A record 189.6 million U.S. consumers shopped from Thanksgiving Day through Cyber Monday this year, an increase of 14 percent over last year’s 165.8 million, the National Retail Federation and Prosper Insights & Analytics said today.

“Americans continue to start their holiday shopping earlier in the year, and Thanksgiving is still a critical weekend for millions,” NRF President and CEO Matthew Shay said. “Whether they’re looking for something unique on Main Street, making a trip to the store or searching for the best deals from their mobile device, this is when shoppers shift into high gear. With the condensed holiday season, consumers are feeling the pressure to get their shopping done in time. Even those who typically wait until...

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Dec 4 8:19 AM, General News


OpenTable Reveals Dining Trends for 2019

Before closing the menu on 2019, OpenTable released a retrospective look back at this year's most popular dining trends. From trending reviews to dining behavior across the country, this year's diners are looking to have their cake and eat it too.

"We hit a major milestone this year - 10 billion diners seated, using our software. To put that in perspective, that's more than the world's population," said Andrea Johnston, COO at OpenTable. "This year alone, we sat over 283 million diners who gave more than 13 million reviews. This uncovered a treasure trove of food trends and shifts in behavior to provide insightful context as to how people are eating in 2019."

On OpenTable's plate in 2019, diners moved towards more health-conscious dining preferences. Alternative diets are...

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Dec 3 8:22 AM, General News


Nielsen Identifies Unique Sustainability Opportunities to Foster Trust with Consumers

More and more, consumers are factoring a product’s sustainability attributes into their purchasing behavior—and are even redefining what constitutes healthy to include the health of the world at large. As we’ve noted earlier, 73% of global consumers say they’re willing to change their consumption habits to reduce their environmental impact. This increasingly vocal majority could translate to big opportunities for brands that manage to effectively communicate the sustainability of their products.

In our April 2019 Omnibus study of more than 21,000 U.S. households, we analyzed consumers’ attitudes toward a cohort of sustainable attributes across 13 product categories. We found that across the consumer packaged goods (CPG) industry, consumers prioritize “environmentally friendly” and “recycled packaging” as...

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Nov 27 9:33 AM, General News


NPD Group: Growth in Mobile Holiday Shopping Benefits Stores

Twenty-five percent of online shoppers plan to use a smartphone for holiday shopping, and they are more likely than those who use other devices to buy online and pick up in store (BOPUS), according to insights from the 2019 Holiday Purchase Intentions Survey from The NPD Group. Smaller mobile screens have been taking on more of the shopping workload in recent years, growing from just 19% two years ago, and this can be a positive thing for physical retail doors.

“The consumer’s adoption of mobile shopping can lead them to the store, where most impulse spending takes place,” said Marshal Cohen, chief industry advisor, The NPD Group. “This further demonstrates the importance of a seamless retail approach in keeping up with...

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Nov 27 8:39 AM, General News


Consumer Confidence Index Declined Slightly in November

The Conference Board Consumer Confidence Index decreased in November, following a slight decline in October. The Index now stands at 125.5 (1985=100), down from 126.1 in October. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – decreased from 173.5 to 166.9. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – increased from 94.5 last month to 97.9 this month.

“Consumer confidence declined for a fourth consecutive month, driven by a softening in consumers’ assessment of current business and employment conditions,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “The decline in the Present Situation Index suggests that economic growth in the final quarter of 2019 will remain weak. However...

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Nov 27 8:21 AM, General News


Nielsen: New Shoppers and Nuanced Category Sales will Drive Holiday Shopping 

This holiday season is one of extremes—featuring both amplified challenges and opportunities for every retailer and brand. The challenges are plain to see: A later-than-usual Thanksgiving means fewer post-feast shopper moments, and a heightened omnichannel chess match around an array of expedited, reduced-cost and free delivery models raises the stakes across the board.

But the omnichannel landscape is far from settled, no matter which lens you view it through. With consumers demonstrating disloyalty at historic levels, and with still significant untapped growth in the online space, retailers and manufacturers across the consumer packaged goods (CPG) landscape have...

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Nov 26 8:18 AM, General News


Half of Holiday Shoppers Have Already Started

More than half of consumers have already started their holiday shopping and nearly a quarter of purchases have already been made, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.

“This is further evidence that the holiday season has grown far beyond the period between Thanksgiving and Christmas,” NRF President and CEO Matthew Shay said. “Thanksgiving is still a hallmark of the season, and there’s billions of dollars in shopping still to come. But many consumers have already been shopping for weeks, and retailers are increasingly adapting to that.”

The survey found 56 percent of consumers asked during the first week of November had already begun their holiday shopping, about the same as...

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Nov 25 9:06 AM, General News


Packaged Facts: Food E-Commerce Sales will Increase 32% Annually

Online sales of food and beverages in the United States reached $17 billion in 2018, making the U.S. the second largest food e-commerce market in the world with 15% of global sales, according to U.S. Grocery Market Focus: The Amazon Food Shopper, 2nd Edition, a new report by market research firm Packaged Facts.

Through 2023, food e-commerce sales in the U.S. are forecast to increase 32% per year. As the availability of online grocery shopping expands and consumers begin to embrace online shopping for its convenience compared to shopping in-store, sales are expected to rise dramatically.

"This is undoubtedly a market that is ripe for...

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Nov 22 8:27 AM, General News


Nielsen: 7 Important Factors that will Shape the Future of Convenience Retail 

Across the U.S. retail landscape, we believe convenience stores will grow faster than all other offline channels over the next five years, reflecting the hyper focus consumers are putting on expediency. Convenience stores, however, are no longer just competing against other convenience store players. Channels are blurring and C-stores now compete with an array of players that include: quick serve restaurants, smaller formats of grocery and mass and drugstores that are increasingly focusing efforts on fresh and fresh prepared/grab-and-go offerings. Additionally, digital transformation and the consumer’s growing desire for frictionless retail has raised the bar for convenience retailers and their approach to technology adoption.

As a new decade of convenience retail unfolds, these are seven important factors that will shape the future of the convenience industry as we know it...

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Nov 22 8:27 AM, General News


Technomic: Brands Must Differentiate to Stay Ahead as Competition for Breakfast Heats Up

As more players fight for share, breakfast wars are intensifying. Technomic’s 2019 Breakfast Consumer Trend Report takes a look at what brands can do to stay ahead of competition, such as adapting to off-premise trends by way of enhancing ordering amenities, updating menus with bold flavor innovation and adding healthier options. Convenience should also be a big focus, including for weekend occasions.

“Moving forward, brands must differentiate themselves from competitors to drive customer loyalty,” explains Anne Mills, senior manager of consumer insights at Technomic. “Adapting off-premise capabilities and creating innovative menus to meet consumers’ increasing needs for...

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Nov 21 8:53 AM, General News


October Retail Sales Grew 4.2 Percent Over Last Year

Retail sales in October increased 0.2 percent seasonally adjusted over September and were up 4.2 percent unadjusted year-over-year, the National Retail Federation said.

“Despite the gradual slowdown in the U.S. economy, consumers are in a good place and October’s retail sales are a step forward into the all-important holiday season,” NRF Chief Economist Jack Kleinhenz said. “Uncertainty around trade policy has impacted consumer sentiment recently but ongoing job growth, low interest rates, low inflation and the stock market hitting record highs provide support for consumer spending.”

October’s results make up for most of the 0.3 percent month-over-month decline seen in September and build on September’s year-over-year increase of...

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Nov 19 9:51 AM, General News


Packaged Facts: Consumer Use of Restaurant Coupons

Though overall use of coupons is down since 2009, consumer use and redemption of restaurant coupons is up by five percentage points, to about a third of U.S. adults, according to Eating Trends: Restaurant Use, the fourth study in a five report Eating Trends series by market research firm Packaged Facts.

Restaurant coupons have been given a boost by instant, digital, and online/app point-of-sales use through newer delivery services—this is on top of longstanding restaurant coupon use for fast-food pizza chains (including delivery or take-out) or other fast-food chains (including for drive-through).

These services have helped diversify the range of eating establishments and the range of...

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Nov 15 9:22 AM, General News


Deloitte Study: The Future of Fresh

Key takeaways

  • Over the last two years, two-thirds of consumers increased spending on the fresh food category.
  • Over 60% of consumers spend up to 30% of their average monthly grocery budget on this category.
  • Price is one of the most important considerations of fresh food purchases, with 92% of consumers citing cost as an important aspect in their purchasing decisions.
  • Eighty percent of consumers actively seek healthier versions of the food they purchase and 77% avoid preservatives and chemicals in their food.
    When purchasing perishables, 58% of consumers actively consider sustainability aspects, such as local sourcing, recyclable packaging and water neutrality.

Why this matters

To gain deeper insight into fresh food consumers as well as fresh food manufacturers and retailers, Deloitte's "Future of Fresh" study surveyed 2,000 consumers and 153 fresh food industry executives. The survey provides key insights into...

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Nov 14 8:15 AM, General News


NPD Group Releases Report on Eating Patterns in America 

A burger has held the crown as the top food ordered at U.S. restaurants for decades, but this year that burger may well be a plant-based burger, according to this year’s edition of The NPD Group’s Eating Patterns in America, which is an annual compilation of the company’s daily tracking of U.S. consumption behavior. U.S. consumers may appear to be creatures of habit in their eating patterns but the foods they eat today have a modern twist that is influenced by a host of factors like ethnicity, age/generational group, and health/social consciousness.

“For 34 years The NPD Group has been tracking eating patterns in America and from a topline view many of the same foods are being consumed today as they were...

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Nov 13 10:25 AM, General News


Technomic’s Take: 2020 Canada Trends

Chillier weather and holidays on the horizon signify a special time for Technomic: the coming year’s foodservice trend predictions. Our 2020 trends—which touch on menu, operations and labour—reflect today’s biggest cultural, governmental and consumer shifts impacting macro industry trends. Operators and suppliers need to understand how and why macro trends such as health, sustainability, technology and employee engagement are changing in order to succeed in today’s highly competitive foodservice arena. Read ahead for Technomic’s expert predictions of the trends that will have the greatest impressions on foodservice in 2020.

Marine Eats

Operators will shine a light on aquatic-based ingredients in a plethora of new ways. Not only will restaurants continue to highlight less familiar seaweeds, algae and sea plants, including...

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Nov 12 9:46 AM, General News


What’s Next for Amazon: Expanding AmazonFresh Beyond Online Grocery and into Brick-and-Mortar Stores

Dropping monthly fees associated with AmazonFresh and instead making it a free benefit for Prime members is not just about reenergizing Amazon’s online grocery service. It suggests that Amazon intends to use the brand to grow beyond the limitations imposed by Whole Foods-Prime Now relationship.

Behind the scenes, Amazon has clearly been trying to figure out how to balance AmazonFresh and Prime Now, its 1-2 hour delivery service. Since acquiring Whole Foods in 2017, Amazon seems to have given Prime Now more attention, leveraging...

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Nov 12 8:20 AM, General News


Whole Foods Market and Amazon Bring Back Popular Turkey Deals

Starting on Wednesday, Amazon and Whole Foods Market will offer special savings on organic and classic turkeys in celebration of Thanksgiving. All customers can choose from select organic ($3.49/lb) and classic turkeys ($2.49/lb), and Prime members will save even more on turkeys ($2.99/lb for organic and $1.99/lb for classic).

All turkeys sold at Whole Foods Market must meet the grocer’s strict quality standards, including no antibiotics ever, no animal by-products in their feed, and animal welfare audits by third-party certifier programs like Global Animal Partnership. The turkey offer runs from Nov. 13 through Nov. 28 while supplies last.

“We know our customers care about where their food comes from, and our turkeys meet some of the highest quality standards in the grocery industry. We are excited to...

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Nov 11 9:07 AM, General News


ResearchAndMarkets: Meat Alternatives Market to Grow Globally 

Given the interest in plant-based food and rising number of flexitarians that are looking to reduce meat consumption, there is an ever-growing demand for meat alternatives that can offer texture, flavor, and nutritional profile similar to meat products. Companies are exploring the use of emerging protein sources such as pea protein, chickpea, and other legumes, algae, and mycoprotein for the production of meat substitutes to mimic the mouthfeel and cooking behavior of meat or poultry products.

Pea-based meat substitute products are expected to witness double-digit growth over the 2019-2023 forecast period because of the rising demand for soy-free, non-GMO ingredients, especially in Western markets. Frozen meat alternatives are the dominant product category, but...

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Nov 6 10:09 AM, General News


National Restaurant Association Unveils its Restaurant Industry 2030 Report

Today the National Restaurant Association, in partnership with American Express and Nestlé Professional, released its 10-year outlook report on the projected state of the restaurant industry in 2030. The report, "Restaurant Industry 2030: Actionable Insights for the Future," examines the key indicators shaping the future of the industry, identifies the most and least likely developments over the upcoming decade, and considers possible disrupters outside the industry that could transform it. The findings are based on input from a variety of restaurant sector experts, futurists, and government statistics.

Key economic projections for 2030 include...

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Nov 5 11:32 AM, General News


Nielsen Releases Retail Trends for 2020 and Beyond

When considering consumers' demands and combining them with advances in technology, it comes as no surprise that 2020 will represent an inflection point for trust and transparency, causing successful manufacturers and retailers to leverage tools such as artificial intelligence to put consumer concerns first. Nielsen has peered into the future for U.S. manufacturers and retailers, claiming that the next retail revolution is on the horizon, forever shifting how consumers will search for and purchase items.

According to Nielsen, consumers will place increased pressure on manufacturers to produce locally, import fewer goods, and keep costs down. The report states that 48% of consumers feel that local ingredients, manufacturing, or...

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Nov 1 12:17 PM, Urner Barry


Technomic: Off-Premise Occasions Impact Consumers Desire to Try New Flavors 

While consumer demand for flavor innovation is high, Technomic’s 2019 Flavor Consumer Trend Report reveals that consumers’ willingness to try new flavors varies by dining occasion. Consumers are less likely to experiment with flavors when ordering delivery rather than dine-in or takeout. Opportunity exists in offering foods exclusive to specific order formats, such as dine-in or delivery-only menus or free delivery promotions for specific menu items.

“Consumers are already hesitant to pay for something they might not like when trying new dishes, and the added cost of delivery simply exacerbates this concern,” explains Charles Winship, manager at Technomic. “Operators may consider bringing more familiar ingredients and...

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Oct 31 9:53 AM, General News


Social Media Driving Impressive Halloween Spending

U.S. consumers are using social media to find Halloween inspiration and it is driving near-record spending for the holiday in 2019.

According to the National Retail Federation’s annual survey, shoppers will spend an average of $86.27 on Halloween, just slightly below last year’s record of $86.79. In total that works out to $8.8 billion. That total marks the third-highest mark in the survey’s 15-year industry.

“Spending hasn’t changed much over the past few years, but we are seeing a noticeable increase in...

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Oct 31 8:16 AM, Urner Barry


The Consumer Confidence Index Edged Down in October

The Conference Board Consumer Confidence Index decreased marginally in October, following a decline in September. The Index now stands at 125.9 (1985=100), down from 126.3 in September. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased from 170.6 to 172.3. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – declined from 96.8 last month to 94.9 this month.

“Consumer confidence was relatively flat in October, following a decrease in September,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “The Present Situation Index improved, but Expectations weakened slightly as consumers expressed some concerns about business conditions and...

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Oct 30 8:21 AM, General News


Plant-Based Foods: Will They Stay or Will They Go?

The rapid growth of plant-based foods at retail and on restaurant menus has many in the food and foodservice industries questioning if the interest in plant-based food is a passing fad or a long-term trend. A new study by The NPD Group addresses this question and finds that the answer depends on the consumer and their reasons for consuming plant-based foods in the first place.

Millennials, born 1981-1996, are the top consumers of plant-based meat alternatives, finds the NPD study, The Future of Plant-based Snapshot. This generational group has adopted plant-based meat alternatives as a way to indulge sensibly while addressing their long-term health goals and animal treatment concerns. Gen Xers, born 1965-1980, are also a core consumer group of plant-based meat alternatives, and...

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Oct 29 9:19 AM, General News


Technomic’s Take: 7 Hot Trends to Watch for 2020

Everything’s connected.

That’s the central theme that emerged as we at Technomic considered the patterns, hurdles and opportunities that are poised to affect the restaurant and foodservice industry as we head into 2020.

While some noteworthy trends were expected and others have turned out to be a bit more surprising, common threads of connection among these trends were revealed during our research.

Ever-shifting demands for health and flavor innovation are guiding menus toward new sustainably grown and sourced ingredients, which connects to an elevated prioritization around waste reduction—both on the menu and in back of the house. But this heightened sense of...

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Oct 24 9:49 AM, General News


TripAdvisor Reveals Diners' Favorite Restaurants with 2019 Travelers' Choice Awards

TripAdvisor, the world's largest travel platform, today announced the winners of its annual Travelers' Choice Awards for Restaurants. Based on a full year of TripAdvisor reviews, these restaurants were consistently given high ratings and praise by diners across the globe.

This year, the awards recognize 584 total restaurants globally and 75 U.S. restaurants in the categories of Fine Dining, Everyday Dining and Fast Casual. Award winners were determined by factoring in the quantity and quality of reviews, gathered over a 12-month period. Daniel in New York City has been awarded the top U.S. Fine Dining spot this year, reclaiming...

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Oct 23 9:55 AM, General News


Whole Foods Market Predicts Top 10 Food Trends For 2020

Today, Whole Foods Market’s global buyers and experts revealed the most anticipated and innovative food trends for 2020 in the retailer’s fifth annual trends predictions announcement. Regenerative agriculture, West African foods, meat-plant blends and new varieties of flour are among the food influences and movements expected to take off in the next year.

Each year, more than 50 Whole Foods Market team members including local foragers, regional and global buyers and culinary experts thoughtfully compile the report based on decades of experience and expertise in product sourcing, studying...

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Oct 21 10:31 AM, General News


Ready or Not, Here Comes the 2019 Holiday Shopping Season

Changing Consumer Attitudes Could Change the Game for Retail, Reports NPD

Consumers are split in their attitudes about holiday shopping. According to the 2019 Holiday Purchase Intentions Survey from The NPD Group, most consumers in the U.S. are looking forward to this holiday season, and see the holidays as a break from everything happening in the world – half even say going out shopping puts them in the holiday spirit. But almost half of consumers that said they would rather plan an outing with family or friends than exchange gifts – more than last year. More consumers also said they think preparing for the holidays may not be worth all of the work entailed.

“There is more of a divide in consumer sentiment heading into this holiday season than we have seen in years,” said Marshal Cohen, chief industry advisor, The NPD Group. “There are fewer consumers planning on doing what they did last year, which means retail needs to be prepared to think differently as well...

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Oct 18 10:37 AM, General News


Post-Summer Back to the Grind Kept U.S. Restaurant Transactions Flat in September

The post-summer back to business and school as usual kept U.S. restaurant transactions flat in September compared to year ago, reports The NPD Group. The month started out with transactions up but flattened as the month went on, according to NPD’s CREST Performance Alerts, which provides a rapid weekly view of chain-specific transactions and share trends for 73 quick service, fast casual, midscale, and casual dining chains.

Transactions at quick service restaurant (QSR) chains, which represent the bulk of industry transactions, were flat in September compared to year ago. While the full service segments of casual dining and...

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Oct 16 8:19 AM, General News


Online Grocery Shows Global Growth 

According to ResearchandMarkets, the online grocery market is projected to grow by $354.2 billion, with the potential to grow at over 17.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over $524.5 billion by the year 2025, online grocery will bring in gains adding significant momentum to global growth.

The United States is expected to maintain an 18.7% growth momentum. In Europe, Germany is projected to add over $13.6 billion to the region's size and clout in the next...

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Oct 14 10:15 AM, Urner Barry


Mintel: Affluent Brits Flock to Chicken Shops and Restaurants as Sales Increase

Well-heeled Brits are joining the nation’s chicken shop obsession, according to latest research from Mintel. Over the last year alone, the number of affluent Brits visiting chicken outlets and restaurants has shot up from 40% in 2018 to 45% in 2019.

Meanwhile, those who have stable household finances are also now more likely to be enjoying the nation’s chicken shops and restaurants. Almost half (47%) of those describing their financial situation as ‘OK’ visited a chicken shop in 2019, compared to 41% a year earlier. This comes as the chicken segment has seen some worse-off consumers exiting the market. The number of Brits with a challenging financial situation visiting chicken shops dropped from...

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Oct 4 9:15 AM, General News


Mintel: Organic Food and Drink Products Gain Popularity 

According to Mintel Global New Products Database, in the last 10 years, the total number of new food and drink product launches globally with an organic claim has risen from 6% to 10% between August 2009 and July 2019.

Mintel research finds that Europe is leading the way in terms of organic food and drink innovation, with almost a fifth of all food and drink products launched in Europe carrying an organic claim. In the 10 years to July 2019, the number of European food and drink launches with an organic claim has shot up from 9% to 17%, satisfying Europe’s hunger for organics. Current leading innovators include...

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Oct 3 11:28 AM, General News


Impossible Burger Sales Skyrocket at Retail Debut 

After its highly anticipated retail debut, the Impossible Burger remains the number one item sold at grocery stores on the East and West coasts where the product is offered. The flagship product from Impossible Foods made its worldwide debut in grocery stores on September 20th at all outlets of Gelson's Markets in Southern California. Since its launch, Gelson’s has sold more Impossible Burgers than all types of ground beef, based on both revenue and total number of pounds sold. On September 26th, the Impossible Burger became available in all 100 outlets of Wegmans on the East coast, including seven states and two Fairway locations in New York City. The Impossible Burger became the number one single item sold in the meat department at Fairway's two Manhattan locations.

Also, during the product's first full weekend on stores shelves in Southern California, the Impossible Burger outsold by more than...

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Oct 2 8:21 AM, Urner Barry


McMaster University Study says No Need to Cut Down on Red Meat 

A major study led by researchers at McMaster and Dalhousie universities has found that cutting back on red and processed meat has little impact on health. A panel of international scientists systematically reviewed the evidence and have recommended that most adults should continue to eat their current levels of meat. The researchers performed four systematic reviews focused on randomized controlled trials and observational studies looking at the impact of red meat and processed meat consumption on cardiometabolic and cancer outcomes. In one review of 12 trials with 54,000 people, the researchers did not find a statistically significant correlation between...

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Oct 2 8:15 AM, Urner Barry


MarketsandMarkets: Plant-Based Protein Market Worth $40.6 Billion by 2025

According to MarketsandMarkets, the plant-based protein market is currently estimated at $18.5 billion, and is projected to grow at a compound annual growth rate of 14% by 2025. This projection totals a value of $40.6 billion by 2025. As demand for plant-based protein products increases, food and beverage manufacturers will be driven to create such products.

During the forecast period, the pea segment is expected to be the fastest growing in the alternative protein market. Pea protein is gaining popularity among plant-based protein manufacturers at a global level due to...

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Sep 27 12:13 PM, Urner Barry


Reports and Data: Soy Protein Ingredients Market to Reach $16.6 Billion by 2026

According to Reports and Data, the global soy protein ingredients market was valued at $9.7 billion in 2018, and is expected to reach $16.6 billion by the year 2026. This increase would be a compound annual growth rate of 6.9%. The consumer base of the soy protein ingredient market has increased over the years, with a rise in the number of health-conscious consumers. The soy protein ingredients market is undergoing various technological advancements. Mainly used for the production of nutrition bars, soy proteins are meeting the needs of the bar manufacturing industry through the development of various shapes, sizes, hardness, and isolates. With the changing needs of the manufacturers in the industry, processes are expected to improve.

Available in a wide range of products, soybeans are one of the few alternative proteins containing all essential amino acids. Familiar food preparations include products such as tofu, soymilk, and tempeh. Cereal blends are another product, consisting of...

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Sep 25 8:17 AM, Urner Barry


Mintel: Nearly Three in 10 Americans say Technology is Ruining the Hospitality Industry

Technology plays a prominent role in nearly every aspect of US consumers’ lives and the dining out experience is no exception. But it seems that for some Americans, the spread of mobile, digital and artificial intelligence (AI) technology is unwanted as new research from Mintel reveals that 28% of US consumers agree that technology is ruining hospitality.

However, it may be the fear of the unknown that’s influencing these perceptions as a large minority of Americans have not only never used certain types of technology when dining out, but they are not interested in trying them. For example, two in five consumers have not used and are not interested in trying a restaurant mobile app (44%) or kiosk (40%) to pay. Nearly half (48%) of diners have not used and are not interested in trying...

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Sep 25 8:17 AM, General News


The Consumer Confidence Index Declined in September

The Conference Board Consumer Confidence Index decreased in September, following a slight decline in August. The Index now stands at 125.1 (1985=100), down from 134.2 in August. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – decreased from 176.0 to 169.0. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – declined from 106.4 last month to 95.8 this month.

“Consumer confidence declined in September, following a moderate decrease in August,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “Consumers were less positive in their assessment of current conditions and their expectations regarding the short-term outlook also weakened. The escalation in trade and tariff tensions in late August appears to have rattled consumers. However, this pattern of...

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Sep 24 10:08 AM, General News


Cultured Meat Market Forecast to Grow by 2032

According to MarketsandMarkets, the cultured meat market size is estimated to be valued at $214 million by 2025, and projected to reach $593 million by 2032. This projection will lead to a compound annual growth rate of 15.7% from 2025 to 2032. The rising consumption of meat along with increasing demand for nutritional meat are a few of the key factors driving the growth of the industry. When considering the categories of poultry, beef, seafood, pork, and duck, the poultry segment is projected to witness the fastest growth during the forecast. This is due to the availability of poultry when compared to other meat sources such as beef, and also the consumer preference for poultry and poultry products.

The increasing popularity of poultry products in many quick service restaurants has encouraged manufacturers to develop innovative alternative products to meet consumer demand. Additionally, the rising demand for chicken, due to...

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Sep 19 11:14 AM, Urner Barry


The Golden Growth Opportunity for U.S. Drugstores 

The self-care movement is playing a key role in reshaping health care in a way that drug store retailers and manufacturers can’t afford to ignore. Recent data from The Conference Board Global Consumer Confidence Survey, in collaboration with Nielsen, shows that 18% of Americans reported health as a top concern, next only to the economy (22%) and immigration (19%). With the threat of rising health care costs, consumers are prioritizing wellness and taking a more active role in managing their own health.

Today’s health-minded consumers are looking beyond medicine to manage their health—and opting for healthier food is a big part of this mindset. Increasingly for drugstores, the way to consumer wallets is through their diet. However, Nielsen’s 2019 Health Care study showed that only 24% of consumers are satisfied with the health food selection in drugstores, compared with 75% who expressed satisfaction of...

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Sep 19 10:09 AM, General News


Shop on Amazon, Pay in Cash

Amazon is making it even easier for customers to pay with cash. Amazon PayCode, already available in 19 countries around the world, launches today in the U.S. and allows customers to choose Amazon PayCode at checkout and then pay for their purchase in cash at one of 15,000 Western Union locations. Items ship once customers pay for their purchase in person at a participating Western Union location. Amazon PayCode will be rolling out to customers over the coming weeks.

Separately, Amazon Cash, which enables customers to load cash into their Amazon Balance for making online Amazon purchases, is now available in over 100,000 cash-loading locations nationwide. Customers in the U.S. who prefer to use cash are now...

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Sep 19 8:16 AM, General News


Technomic: Operators Must Showcase Value and Innovation to Gain Share of Pasta and Noodle Occasions

Consumption of pasta and noodle dishes in Canada is high but skews significantly toward at-home occasions, according to Technomic’s new 2019 Canadian Pasta Consumer Trend Report. In order to drive sales, operators should offer a unique draw for consumers that they won’t be able to find elsewhere.

“Operators need to convey that their pasta and noodle dishes are worth the price of dining out and offer a meal that simply can’t be replicated at home,” explains Charles Winship, manager of consumer insights at Technomic. “Authentic preparations, high-quality ingredients and innovative flavour profiles can all help elevate dishes, improving value perceptions.”

Key takeaways from the report include...

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Sep 18 8:18 AM, General News


Fresh and Focused: The U.S. Retailer Path to Winning Brick and Mortar

Despite the explosion in online shopping in the U.S., physical stores haven’t gone by the wayside. Why? In a word: fresh.

Although e-commerce represents just 4% of grocery sales today, it accounts for nearly one-third of total growth. And Americans are increasingly heading online to shop for nonperishables, household items and pet products, making the concept of stock up grocery trips a thing of the past for many shoppers.

Yet the fresh departments (bakery, deli, meat, produce and seafood) still lure people into physical stores; in fact, online grocery shoppers spend 1.5% more in-store on fresh food than the average consumer does. As more category sales continue to...

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Sep 17 9:26 AM, General News


US Foods Delivers a World of Authentic, Global Flavors with Fall Scoop 2019

US Foods Holding Corp. announced today the launch of Fall Scoop 2019, which focuses on “Global Discovery Made Easy” and showcases products with Latin American, Asian and Middle Eastern influences. With 54 percent of consumers saying they have gone out of their way to try a novel global food, today’s diners are hungry to explore new flavors from all over the world.1

To help restaurant operators stay competitive and meet this growing demand, US Foods collaborated with nationally recognized chefs, Chef Diana Dávila, Chef Thai Dang and Chef Sameh Wadi to advise on many of the...

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Sep 16 10:33 AM, General News


NPD Group: Consumers Consider the Environment when Making Food and Beverage Decisions

Sustainability, which by definition is the avoidance of the depletion of natural resources in order to maintain an ecological balance, is a much talked about topic today and is used in a broader sense to mean environmental consciousness or earth-friendly. In the food and beverage and foodservice sectors, many grocers, food manufacturers, and restaurant operators are initiating sustainability efforts as socially responsible corporate citizens and to support consumer interests. Nine percent of adults consider the environment as a top factor when making food and beverage purchase decisions, and it’s young adults, ages 18-44 years old, who are most likely to feel this way, finds The NPD Group.

When making food and beverage purchase decisions based on the environment, packaging is most visible to consumers. One in ten U.S. adults, or roughly 20 million consumers, said that they have switched to a different food or beverage brand because...

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Sep 13 9:10 AM, General News


Packaged Facts: Alternative Proteins Budding with Organic and Clean Label Food Shoppers

Though the majority of Americans eat meat, trends throughout 2019—from the launch of Burger King's Impossible Whopper to skyrocketing shares of Beyond Meat's blockbuster IPO—hint at the multi-billion dollar potential impact of plant-based products on the nation's food and beverage market.

According to The Organic and Clean Label Food Shopper, 2nd Edition, a brand new report by market research firm Packaged Facts, consumers are increasingly more adventurous with what they eat and more consider themselves flexitarian than in the past. Packaged Facts reveals that only 6% of Baby Boomers claim to eat flexitarian diets, while 13% of Generation Z considers themselves flexitarian, showing the trend is...

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Sep 12 11:51 AM, General News


NPD Group: U.S. Restaurant Cash Registers Rang More in August

Amidst a chicken sandwich war, taking advantage of the last remaining days of summer vacation, and the want of having someone else do the cooking, consumers made more purchases at U.S. restaurants in August than they did the year before, reports The NPD Group. Quick service restaurants (QSRs) were the primary beneficiaries of this consumer demand with same-store dollars up by 4.4 percent.

Restaurant transactions were positive for QSR chains throughout the month of August, according to NPD’s CREST Performance Alerts, which provides a rapid weekly view of chain-specific transactions and share trends for 73 quick service, fast casual, midscale chains, and casual dining chains. The full service segment of casual and midscale/family chains continued to be soft compared to...

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Sep 12 8:31 AM, General News


Survey: Quality and Transparent Sourcing Drive Millennial Food Choices

Quality drives millennial food shopping, and they are willing to pay more for it, according to a new Whole Foods Market survey. Eighty percent of millennials value quality when it comes to food shopping, and nearly 70 percent are willing to spend more money on high quality foods.

These findings are part of a new survey released today that examines millennial food, health and grocery shopping preferences, which was conducted independently by YouGov on behalf of the retailer. The national online survey sampled 1,006 adults between the ages of 22 and 37 in the U.S.

Another trend that emerged is more informed purchasing decisions. A majority of millennials want to know where their food comes from and...

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Sep 9 9:48 AM, General News


Technomic: Small Plates, Starters, and Sides Positioned to Gain Popularity

With consumers’ desire for innovation increasing and snacking becoming more of a habit, mealparts such as starters, small plates and sides are well-positioned to gain share of stomach. Technomic’s 2019 Starters, Small Plates & Sides Consumer Trend Report explores how these mealparts can help foodservice brands maximize existing opportunities and overcome potential challenges.

“Starters, small plates and sides are flexible menu offerings that provide the innovation consumers seek at a lower risk than larger menu items,” explains Anne Mills, senior manager of consumer insights at Technomic. “While the lower price points and smaller portions mean these mealparts are great platforms for experimentation, rising menu prices increase the risk. As prices rise, brands must work to maintain, if not boost, value perceptions through bolder innovation and...

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Sep 5 11:54 AM, General News


How the Coffee Category Became a Hot Bed of Innovation for the U.S. Grocery Market 

Beyond the buzz created around the early release of Starbuck’s Pumpkin Spice Latte, there is something big brewing in the U.S. coffee market. American’s consumption habits are shifting across the beverage industry, and consumers are increasingly seeking their next caffeine fix from chilled, on-the-go coffee options over energy drinks and carbonated soft drinks.

Nielsen data shows that the ready-to-drink coffee category is hot. In fact, dollar sales within the latest 52 weeks (ending July 27, 2019) netted $3 billion, up 16% versus a year ago. And a steady stream of innovation is fueling...

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Sep 5 10:12 AM, General News


Packaged Facts: 4 Ways Grocers can Improve Outreach to Affluent Food Shoppers

The food culture and buying habits of affluent food shoppers (the 42 million food shoppers in the U.S. with household incomes of $150,000 or more) cause them to have a disproportionate impact on the bottom line of brick-and-mortar supermarkets and grocery stores. Affluent food shoppers are more prone than other food shoppers to shy away from conventional shelf-stable packaged foods and are more likely to spend their money and time on buying and experiencing higher margin store perimeter products and services.

In the market research report Affluent Food Shoppers, Packaged Fact identifies four key ways that U.S. grocers can better attract and meet the needs of this important consumer segment...

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Sep 4 11:56 AM, General News


Throughout the World, Convenience Stores Are a Rapidly Growing Venue for U.S. Red Meat

The desire for work-life balance and pre-packaged meals requiring little or no kitchen time is leading consumers around the world to a surprising new destination for breakfast, lunch and dinner: the neighborhood convenience store.

And we’re not just talking about beef jerky and pepperoni sticks.

Convenience stores are offering a wide selection of entrée and full meal options that are winning over customers and creating more demand for U.S. red meat. For every gourmet hot dog sold in a South Korean GS25 store, every bowl of beef noodle soup ladled from a 7-Eleven hot food counter in Taiwan and every pork sausage sandwich pulled from a shelf in a Mexican Oxxo outlet comes another trade opportunity for...

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Sep 3 11:26 AM, General News


The Consumer Confidence Index Declined Marginally in August

The Conference Board Consumer Confidence Index® declined marginally in August, following July’s rebound. The Index now stands at 135.1 (1985=100), down from 135.8 in July. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased from 170.9 to 177.2. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – declined from 112.4 last month to 107.0 this month.

“Consumer confidence was relatively unchanged in August, following July’s increase,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “Consumers’ assessment of current conditions improved further, and the Present Situation Index is now at its highest level in nearly 19 years (Nov. 2000, 179.7). Expectations cooled moderately, but overall remain strong. While other parts of the economy may show some weakening, consumers have remained confident and willing to spend. However, if the recent escalation in trade and tariff tensions persists, it could potentially dampen...

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Aug 29 9:39 AM, General News


Aramark Gears Up for 2019 Back-to-School Season on College Campuses Across the Nation

As millions of college students prepare to return to campus to start the new school year, they’ll be looking for fresh, nutritious, on-trend food when they hit the books. Aramark, the award-winning food and facilities partner of more than 400 colleges and universities across the U.S., is ready to welcome back three million higher education students to campus, by introducing a new wave of offerings customized to the ever-changing needs of Gen Zers.

“Every year, our higher education team members elevate the student experience with custom campus solutions tailored for them,” said Jeff Gilliam, president of Aramark’s Higher Education business. “Our culinary team puts innovation first, to create healthy, fresh recipes that students love, and we’re excited for students to see...

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Aug 29 9:23 AM, General News


Applegate Battles Lunchtime Boredom with Its “Lunching Awesome” Campaign

Sandwiches. Nearly half of us eat one every day. And no wonder. They’re fast, versatile–travel well and are a go-to Back to School lunch option for parents. With countless sandwich ingredient combinations to explore, no one should have to suffer from a blah lunch. No matter a person’s taste preferences or dietary restrictions, there’s an ultimate sandwich for everyone.

This back-to-school season, Applegate is battling lunch-making boredom with its “Lunching Awesome” campaign, sharing crave-able sandwich recipes and offering a simple sandwich guide that identifies the key components of a great sandwich.

Despite an endless amount of sandwich possibilities, many people make the same sandwich over and over again. And then, there are those who still haven’t found their ultimate sandwich. According to a recent survey conducted by Applegate...

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Aug 28 9:24 AM, General News


Total U.S. Restaurant Visits in July Held Steady While Consumer Spending Increases

U.S. consumers visited restaurants this July at the same pace they did last July and consumer spending was up three percent compared to year ago, reports The NPD Group. Total U.S. traffic volume for commercial restaurants in the year ending June was 61 billion visits.

Industry bright spots this summer include quick service restaurant traffic gains and continued visit growth to fast casual restaurants, although increases are not as strong as in previous years, according to NPD’s ongoing foodservice market research. Digital orders, which include internet/mobile app and text message orders for carry out and delivery, are growing rapidly but still represent a small amount of traffic share. On premise dining is also realizing visit gains this summer.

NPD’s SalesTrack® Weekly, which is a national weekly same-store sales pulse of 60 participating brands representing over 113,000 QSR and full service locations, showed...

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Aug 27 8:15 AM, General News


July Retail Sales Show Strong Gains

Retail sales were up 0.9 percent in July seasonally adjusted from June and up 5.6 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants.

“July’s strong results are consistent with a confident consumer,” NRF Chief Economist Jack Kleinhenz said. “Households are in good shape with spending and that should continue as long as the labor market remains healthy. But it’s important to remember that today’s data is looking backward at what was happening a month ago. The impact of volatile financial markets and increased trade tensions in recent weeks may put a wind of caution in consumer spending as...

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Aug 16 8:15 AM, General News


Fast Food Ranked in Top 40% of All Industries in MBLM's Brand Intimacy Study

The fast food industry ranked sixth out of the 15 industries studied in MBLM's Brand Intimacy 2019 Study, which is the largest study of brands based on emotion. Brand Intimacy is defined as the emotional science that measures the bonds we form with the brands we use and love. Chick-fil-A rose to the #1 spot in fast food followed by Dunkin'. Starbucks dropped to third after ranking first for the previous two years. The top 10 for the industry was rounded out by: McDonald's, Taco Bell, Subway, Wendy's, Burger King, Chipotle and KFC.

Chick-Fil-A also ranked 10th in the overall industry. In addition to performing well in MBLM's study, the brand increased its revenue at a 15% annual rate from 2010 to 2018, while the industry as a whole only grew by 3.4%.1 In 2018, Chick-fil-A also reported more than $10 billion in revenue, its 51st consecutive year of sales growth.2 This correlates to the study findings, which revealed that...

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Aug 15 8:20 AM, General News


Food And Beverage Industry Seen As Growth Market in U.S. Retail Real Estate Sector

A healthy appetite for food and beverage businesses continues to fuel significant growth in one of the hottest areas in the U.S. retail real estate sector, according to BBG, a leading due diligence commercial real estate firm.

In U.S. cities across the country, more restaurants, bars and grocery stores are opening or expanding operations to meet growing demand for these services, as a result of an ongoing demographic shift in how and where people live, work and play.

That has led to these businesses growing their share of total retail spending, from 24.3 percent during the past decade, compared with 22.7 percent prior to the 2007-2008 recession, according to one recent industry report. F&B sales now account for nearly...

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Aug 15 8:19 AM, General News


U.S. Consumers’ Desire to Use Food as Medicine is Evidenced by Emerging Superfoods

While it is commonly understood that good nutrition promotes general health, consumers are becoming increasingly aware of how their food and beverage choices can help them manage and, in some cases, reverse certain medical conditions, according to health and wellness research by The NPD Group. NPD finds that about a quarter of U.S. adults are trying to manage a health or medical condition by making healthy food and beverage choices.

Younger adults, ages 18-24, are particularly interested in using foods to improve their health. Last year young adults chose foods and beverages with healthy profiles for 19 percent of their meals and in-between snacks. For example, nine percent of adults say a top nutrition goal is protecting brain health and when asked about foods that promote brain health, young adults were 45 percent more likely to...

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Aug 15 8:15 AM, General News


Technomic: Beverage Category Ripe with Opportunity 

Beverages have always played a significant role in foodservice and the category is continuously evolving. Technomic’s recently released Away-from-Home Beverage Study covers how consumer demands and business conditions have shifted within the past few years.

“Beverage growth has outpaced that of foodservice within the past few years thanks to innovative options such as nitro coffee, plant-based milks and other alternative beverages entering this space,” explains David Henkes, principal at Technomic. “Although challenges like third-party delivery are encroaching on beverage occasions, the category has a lot of opportunities available through offering a wide variety of innovative beverage options to their guests.”

Key takeaways from the report include...

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Aug 9 8:04 AM, General News


Nielsen: Meet the New "Meat" Eater

Meat alternatives have made a big splash in consumer packaged goods (CPG), and sales are on the rise. But are manufacturers and retailers doing enough to educate consumers in this space? Getting consumers to try trendy plant-based foods is one thing, but encouraging long-term adoption and lifestyle change is another.

Today’s shoppers are, in many cases, omnivores, but they’re playing the field when it comes to exploring meat alternatives in their search for dietary protein. In fact, protein-seeking consumers are more likely than ever to consider all the options available to them. Nielsen Homescan consumer purchase metrics indicate that 98% of meat alternative buyers in America also purchase meat products. Conversely, 21% of U.S. meat buyers, also purchase...

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Aug 8 9:26 AM, General News


Innovation is Bringing New Excitement to the Burger Category in Canada

More Canadians today than a year ago say they’re ordering burgers from foodservice at least once a month, and the growth of the LSR burger category is outpacing the industry. In the 2019 Canadian Burger Consumer Trend Report, Technomic dives into the factors at play, including innovations such as plant-based burgers and unique flavour profiles.

“The bigger the burger category gets, the more important it is that operators maintain points of differentiation,” explains Charles Winship, manager of consumer insights at Technomic. “Responding to demands for plant-based options as well as spicier, bolder flavours will be critical as brands look to offer burgers that truly stand out.”

Key takeaways from the report include...

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Aug 5 8:13 AM, General News


Demand Rises for Groceries Online 

Today, there is hardly any field or area where technological advancements have not been made. In the retail sector, grocery shopping is expanding technologically. In the past, consumers generally grocery shopped at nearby supermarkets or convenience stores. However, with the increasing development of the internet and smartphones, online grocery shopping has gained popularity in recent years.

According to Research and Markets, grocery stores can be broadly categorized into three formats: small format, large format, and electronic/online. Online grocery shopping is a recent trend that has developed as a form of e-commerce. These stores can be in the form of brick-and-mortar supermarkets or...

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Jul 30 8:18 AM, Urner Barry


U.S. Consumers Buy Chicken for Versatility, Value, Variety

Chicken purchasers cite more positive attributes than purchasers of beef, pork, fish and plant-based meat proteins, according to new research presented today at the 2019 Chicken Marketing Summit.

The National Chicken Council (NCC) and WATT Global Media presented the results of a study that explored the drivers for grocery purchases of chicken compared to other meat and plant-based proteins. IRI provided supporting data from its retail databases. The study was commissioned by the NCC and conducted online by IRI July 1-10, 2019, among 780 adults. Funding was provided by Elanco, WATT Global Media, NCC and Meyn.

Chicken Checks More Boxes

Buyers were asked about attributes in eight categories: taste, health, versatility, family appeal, value for...

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Jul 29 8:15 AM, General News


Packaged Facts: Retail Breakfast Trends Focus on Health-Related Product Claims and Positioning

Health and wellness trends have significant impact on consumer attitudes and behaviors when shopping for food and beverages, according to market research firm Packaged Facts in the report Breakfast: Retail Product Trends and Opportunities in the U.S., 2nd Edition. The dilemma is that health is a subjective term. This means there is a range of desired product attributes that consumers seek out to fit within their perspective of what's healthy.

While low calorie and low carb were at one time benchmarks for health food, attention has shifted to a greater focus on low/no sugar or low/no added sugars. Sugar is an ingredient in many packaged breakfast foods, especially cereal and breakfast pastries.

Health trends are moving away from being diet-focused in favor of adopting a healthy lifestyle. With increased knowledge of food sourcing and...

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Jul 26 8:17 AM, General News


Technomic: Shifting Definitions of Value Increasingly Include Food Quality and Service

Value remains a vital component in the path to purchase, with 76% of consumers saying it’s a very important factor when deciding where to dine. Technomic’s 2019 Value & Pricing Consumer Trend Report also reveals that roughly one-quarter of consumers say their definition of value has changed over the past two years, with food quality and service, in particular, playing an increasing role in the value proposition.

“As definitions of value continue to evolve, operators will need to renew their focus on meeting, if not exceeding, expectations across all aspects of the value equation—food quality, price, service and atmosphere,” explains Bret Yonke, manager of consumer insights at Technomic. “Moving forward, look for high-traffic, high-volume segments like fast food to further experiment with subscription models, such as...

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Jul 25 9:31 AM, General News


Mobile Payment Trends Create Growth in Global Food E-Commerce

A country’s mobile payment usage will be an increasingly strong indicator for its food e-commerce market going forward, as consumer familiarity with making mobile payments is key for boosting online shopping, reports Packaged Facts in the recent market research study Global Food E-Commerce (published May 2019).

Research in the report reveals that:

  • The rapidly growing penetration of smartphones means that an increasing share of total e-commerce transactions will be performed via mobile devices, rather than computers.
  • Mobile devices are essential to omnichannel sales strategies that integrate online and offline shopping experiences.
  • Mobile apps are the payment platforms used in cashierless grocery stores.

Mobile payments are central to online-to-offline grocery experiences such as Alibaba’s Hema Fresh and JD.com’s 7Fresh in China. U.S.-based Kroger and Walmart also offer...

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Jul 24 8:28 AM, General News


Quick Service Burger Buyers Mix it Up Between Plant-Based and Beef

Plant-based burgers are increasingly finding their way on to quick service restaurants (QSRs) menu boards and customers are responding. There were 228 million servings of plant-based burgers ordered at QSRs in the year ending May, up 10 percent from a year ago, reports The NPD Group. With all of the buzz surrounding the popularity of plant-based burgers some are wondering if veggie burgers are closing in on beef burgers or if the growth of plant-based burgers corresponds to an increase in vegetarianism or veganism. Here are some answers.

Beef burgers are still by far the most popular burger ordered at QSRs. There were 6.4 billion beef burgers ordered at QSRs in the year ending May 2019, and although growth is flat compared to year ago, beef burgers are still...

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Jul 18 8:14 AM, General News


Alexa, How Was Prime Day? Prime Day 2019 Surpassed Black Friday and Cyber Monday Combined

This year, Prime Day was once again the largest shopping event in Amazon history with more than one million deals exclusively for Prime members. Over the two days of Prime Day, on July 15 and 16, sales surpassed the previous Black Friday and Cyber Monday combined. Prime members purchased more than 175 million items throughout the event. Prime Day was also the biggest event ever for Amazon devices, when comparing two-day periods – top-selling deals worldwide were...

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Jul 17 10:04 AM, General News


Amazon Continues to Change the Face of Retail with Prime Day 

According to the NPD Group, more than half of Amazon Prime members plan to purchase products from Amazon during the Prime Day shopping event on July 15th and 16th. While retailers including Target and Walmart are following Amazon's lead with deals of their own during these dates, only 15 percent of these consumers intend to shop at both Amazon and other retailers.

When surveyed, 70 percent of Amazon Prime members reported to look for deals in advance of Prime Day, and nearly two-thirds are doing so to get an idea of what they wish to buy ahead of time. This planning includes comparing prices with other retailers, with nearly a quarter of consumers purchasing items elsewhere if a lower price is found prior to Prime Day. However, those that do not shop on Prime Day, 69 percent, claim...

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Jul 16 11:15 AM, Urner Barry


The New Black Friday? Prime Day's Halo Effect Spans Beyond Gadgets (And Amazon Itself)

Remember when shopping was primarily a chore? If you’re a Millennial, you might never have thought this way, but it really wasn’t that long ago that shopping was more of a task than an experience—let alone something to look forward to.

Historically, Black Friday was the year’s sole shopping experience. Today, however, the abundance of choice, access and creative marketing give brands and retailers all the ammunition they need to inspire consumers to shop at any time they choose...

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Jul 15 12:53 PM, General News


Packaged Facts: Retail Market for Meat Substitutes Now a Billion Dollar Industry

Major opportunities remain in meat and poultry, though not in the usual ways or for the usual players, according to U.S. Food Market Outlook 2019, a report by market research firm Packaged Facts.

Leading players have done much to innovate in meat and poultry with new and acquired products that offer premium farm-to-table experiences with authentic stories; organic ingredients; or grass-fed, free-range, and locally raised animals. Most importantly, they will continue to do so. Nevertheless, meat substitutes and alternatives have...

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Jul 5 8:20 AM, General News


Technomic: Burgers Risk Losing Affordable Reputation

Burgers are often thought of as being more affordable than other menu items, but as prices continue to rise at a faster rate than the average entree, this view may start shifting. Notably, these price increases are true across a variety of burger types, including bacon cheeseburgers, veggie burgers and specialty burgers. Technomic’s 2019 Burger Consumer Trend Report examines the factors at play.

“Price increases are offering operators a form of relief as they struggle with rising labor and delivery costs, as well as limited growth through traffic,” explains Charles Winship, manager of consumer insights at Technomic. “But continued price increases for burgers could ultimately cut into perceptions around their affordability and push consumers toward other options.”

Key takeaways from the report include...

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Jul 3 9:08 AM, General News


Affluent Food Shoppers: Money Isn’t Everything

With their laser-like focus on healthy eating, sophisticated tastes, and ample financial resources, the 42 million food shoppers with a household income of $150,000 or more exercise an outsize influence on the food industry. The sheer volume of spending on food at home by affluent households—which is in excess of $100 billion—makes them an essential consumer segment for food manufacturers, marketers, distributors, and grocers.

But it’s not money alone that sets affluent food shoppers apart. Besides spending a lot more money every year buying food to eat at home (74% more than their less affluent counterparts, according to the U.S. Government’s Consumer Expenditure Survey), the way affluent food shoppers spend money at the grocery store is...

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Jul 2 8:16 AM, General News


REPORTER: Getting By Without Getting High 

Cannabidiol, better known as CBD, has a medicinal history that dates back thousands of years. Used medicinally, CBD can help with issues such as chronic pain, anxiety, inflammation, depression, autoimmune disease, and neurological conditions, to name a few. What makes this market unique is that these products can be used topically or can be consumed orally.

When CBD first took off, it was mostly edible products, such as gummies or oils. However, with the popularity of these items continuing to grow, new edible products began to pop up in the market. From sodas to ice cream, CBD users have a variety of options to explore—and some restaurants are even jumping in on the fun. Fresh&Co, a fast-casual chain in New York, debuted...

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Jul 1 8:44 AM, Urner Barry


Grubhub's 'State of the Plate' Highlights Top Dining Trends of 2019

Grubhub released its “State of the Plate” report which breaks down America’s dining trends throughout 2019. Grubhub takes data from the 500,000-plus orders placed every day on its platform, and organizes them into different categories to help spot trends for 2019.

With winter and spring already wrapped up, Grubhub found some interesting findings, while their outlook for summer and fall provide some potential trends that could burst onto the scene when as the year moves forward.

Grubhub’s top takeaway involved...

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Jun 26 10:14 AM, Urner Barry


Employed Americans Desire to Eat More Healthy Lunches 

More than half (56%) of employed Americans who typically eat lunch during work hours struggle to eat a healthy lunch at work, and more than three quarters (77%) say they're more likely to make healthier decisions at other times of the day if they eat healthy at lunch, according to a new survey from the American Heart Association, the leading voluntary health organization devoted to a world of longer, healthier lives, and Aramark, the largest U.S. based food service company.

The survey was conducted online by The Harris Poll on behalf of the American Heart Association and Aramark as part of their joint initiative, Healthy for Life® 20 By 20, among 907 employed U.S. adults aged 18 or older who say they typically eat lunch during work hours.

"Understanding what employees are eating for lunch on a typical workday and what factors influence their choices helps us develop strategies to improve dietary intake with multi-level approaches through...

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Jun 25 9:43 AM, General News


Acosta Finds Grocery Delivery and Non-Traditional Grocery Channels are Gaining Popularity

With residents of the top 50 most populous cities comprising nearly 16 percent of the total U.S. population and city growth rates consistently topping those of suburban and rural areas, urban grocery shoppers are becoming an increasingly influential demographic.

Research released today in The Urban Grocery Shopper, the latest Hot Topic report from Acosta — a leading full-service sales and marketing agency in the consumer packaged goods industry — provides insights into the grocery shopping world of city dwellers, which varies significantly from that of suburbanites and those living in rural areas.

"For urban grocery shoppers, crowded stores are the norm so convenience is a major priority," said Colin Stewart, Senior Vice President, Business Intelligence at Acosta. "City dwellers are more likely than...

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Jun 24 8:16 AM, General News


Research and Markets: The Plant-Based Meat Market Poised to Grow 

The "Global Plant-Based Meat Market Analysis & Trends - Industry Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The Global Plant-Based Meat Market is poised to grow strong during the forecast period 2017 to 2027.

Some of the prominent trends that the market is witnessing include creation of flavour components, alternative proteins and flexitarian diets and likemeat project serves as the base.

Based on product, the market is categorized into burger patties, meatballs, natto, sausages, strips & nuggets and other products. Depending on type, the market is segregated into...

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Jun 21 8:23 AM, General News


Competition Heats Up in Canada as Emerging Channels Enter the Playing Field

Emerging channels in Canada are delivering a new wave of competition for traditional foodservice operators. Technomic’s 2019 Canadian Emerging Channels Consumer Trend Report explores these new players, covering everything from food halls to meal kits. While usage of these channels is currently low overall, there is strong appeal among younger consumers. This, along with future expansion plans, means that emerging channels are poised to steal share from restaurants moving forward.

“For younger consumers, a wider variety of need states compared to older consumers and a greater willingness to experiment and try new things leads to greater usage of emerging channels,” explains Bret Yonke, manager of consumer insights at Technomic. “Moving forward, the broad nature of these channels means competition on multiple fronts. Food halls and food trucks will be the greatest threat for lunch occasions, while eatertainment and meal kits will...

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Jun 19 8:16 AM, General News


Monetizing the Munchies: How Legal Marijuana Use is Affecting the U.S. Snacking Industry 

In the U.S., interest in cannabis is growing—and laws are shifting to meet consumer demands. Most recently, the Illinois legislature approved recreational marijuana use for adults, with sales of cannabis products containing the psychoactive element, THC, anticipated to start in January 2020. With Illinois soon entering the mix, marijuana will be legal in 11 states and Washington DC, despite still being federally illegal.

The increased legalization of cannabis in the U.S. presents big opportunities for the American food and beverage market—particularly for the snack and confectionery category...

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Jun 18 8:17 AM, General News


Affluent Food Shoppers More Likely to Purchase Natural and Organic Products

The belief that natural and organic practices produce foods that are tastier, more nutritious, and healthier continues to germinate in the minds of key consumer demographics. The result has created a pervasive and enduring trend that spreads to virtually every corner of the food and beverage industry.

Wealthy Americans are among the most influential and active participants in the natural and organic food market, according to Affluent Food Shoppers, a new report by market research firm Packaged Facts.

Packaged Facts’ consumer survey data found that affluent food shoppers are increasingly moving in the direction of eating more organic and natural foods. They are more likely than non-affluent food shoppers to respond that they are eating more natural foods or organic certified foods compared to...

 

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Jun 14 7:53 AM, General News


While Restaurant Delivery gets All the Buzz, Digital Orders Overall Grow by Double-Digits

The growing access to foodservice delivery has garnered lots of attention from the marketplace and media, but while delivery grabs the spotlight, digital restaurant orders overall steadily grow by double-digits, reports The NPD Group. Restaurant digital orders, which are defined by meals or snacks ordered via mobile app, internet, or text message, have grown by 23 percent over the past four years and now represent 3.1 billion visits and $26.8 billion dollars. NPD forecasts digital orders to continue to grow by double-digits through 2020 with growth across all service modes including delivery, on premises, and carryout, according to NPD’s Delivering Digital Convenience report.

Although convenience is understandably the top reason consumers choose digital ordering, other top reasons include: no waiting; the ability to order, pay, and have it ready; ordering at my “own” pace; and earning rewards/feeling valued. In addition to these reasons...

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Jun 14 7:52 AM, General News


Consumer Disloyalty is the New Normal

Assume the people you consider to be the most loyal customers on the planet are, in fact, disloyal. Because 92% of the time, you’ll be right. New Nielsen findings demonstrate that just 8% of consumers consider themselves to be firmly committed loyalists.

Yet the marketing tactics and investments rarely reflect these realities. A whopping 46% of consumers tell us they are more likely to try new brands than they were five years ago; a clear signal to a trend we should expect to intensify. Yet we see few signs that adjustments have been made to marketing initiatives or innovation pipelines to match these numbers.

The implications of not dramatically rethinking campaigns that focus on winning or retaining loyal customers are meaningful. The drag effect of consumer demand for choice and...

 

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Jun 13 11:40 AM, General News


Technomic: Students’ Foodservice Demands Grow Both On and Off Campus

Delivery, technology and health trends are changing the foodservice landscape and younger generations are leading this charge. Technomic’s 2019 College & University Consumer Trend Report explores this segment in depth, providing actionable recommendations for operators and suppliers to get ahead of the challenges and competition.

“Students have high expectations from their foodservice experiences both on and off campus. Delivery, convenience and menu innovation are all top priorities for college and university students,” explains Anne Mills, senior manager of consumer insights at Technomic. “On top of this, they will choose companies that support causes they care about such as...

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Jun 10 10:16 AM, General News


Good Eggs Releases Results of Family Food Fix Survey 

Good Eggs, the online market that delivers absurdly fresh groceries, today announced the results of its Family Food Fix Survey, which takes a pulse on the perspectives and behaviors of today's consumers when it comes to the necessary task of grocery shopping. Additionally, the findings reveal insights into meal kit usage, the reality of preparing multiple dinners every night, and what families across America want most for dinner.

"From grocery shopping to getting dinner on the table, feeding a family has become a time-consuming struggle for today's busy parents," said Jaime Nessel, Vice President of Assortment of Good Eggs. "Online grocery delivery services can provide significant time savings to families. At Good Eggs, we provide a complete, yet curated assortment of local products, absurdly fresh local produce and meat...

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Jun 5 11:26 AM, General News


Mintel Announces Five U.S. Flavor and Ingredient Trends 

Mintel, the world’s leading market intelligence agency, announced from IFT19 the flavor and ingredient trends that are influencing the foodservice and packaged food and drink categories in 2019 and beyond. The five new trends link the relationship between consumer behavior and food and drink to dishes on restaurant menus and products on store shelves, and explain the significant momentum that has led to this moment.

Seeking out ingredients that provide sustenance for healthy eating is top of mind for Americans. However, consumers today are also looking beyond the balanced diet. Flavors that tap into relaxation and support a healthy gut are satisfying consumers that are looking for ingredients that will feed the mind, body, and soul...

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Jun 4 10:32 AM, General News




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