Rise of Ketogenic Dietary Preference Spurs High Protein Launches in Asia, says GlobalData

Growing awareness of the significance of a ketogenic diet for weight loss and weight management is driving consumers to read labels and ingredient lists when shopping for food and drinks. Brands are therefore focusing on innovations to keep up with changing consumer demands for high protein products, says to GlobalData, a leading data and analytics company.

Parthasaradhi Reddy, Consumer Lead Analyst at GlobalData, comments: “Health is an important motivator for Asian shoppers when buying food and drinks, given the high obesity levels and the need for...

Americas Food and Grocery Sector Projected Growth and Competitive Landscape Through to 2027

The "Americas Food and Grocery Sector Overview, Market Size, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Recently published data provides an extensive analysis of the Food and Grocery retail sector across the Americas, with robust growth forecasts and market shares of leading retailers.

A comprehensive databook offering groundbreaking insights into the Food and Grocery sector within the Americas has been added to our vast repository of industry research. This resource is poised to be invaluable for stakeholders looking to navigate the...

Fast Food & Quick Service Restaurants Take Off: Market to Reach US$318 Billion by 2034

The fast food and quick service restaurant market is expected to continue its upward trajectory, fueled by convenience, affordability, technological advancements, and evolving consumer preferences. Addressing health concerns and offering innovative, healthy options will be key for market players to thrive in the future.

The valuation for the global fast food & quick service restaurant market was around US$ 1 87,774.1 million in 2023 and is projected to exhibit a CAGR of 4.90% over the forecast period...

Amazon Leads U.S. Grocery Retailers in Personalization Followed by H-E-B and Kroger, dunnhumby Finds

Dunnhumby, the global leader in customer data science, today released a special edition of the dunnhumby Retailer Preference Index (RPI), designed to determine which retailers in the $1 trillion U.S. grocery market personalize the shopping experience best for their customers. In this inaugural RPI for Leadership in Personalization, dunnhumby found that Amazon stands apart from all other retailers followed by H-E-B in second and Kroger rounding out the top three. These three retailers are at the top of the rankings because...

Cost of Thanksgiving Dinner Down Slightly from Record High in 2022

Gathering around the table for a Thanksgiving dinner won’t take as much of a toll on your pocketbook this year compared to 2022, but the meal still reflects historically high costs. The American Farm Bureau Federation’s 38th annual survey provides a snapshot of the average cost of this year’s classic holiday feast for 10, which is $61.17 or less than $6.20 per person.

This is a 4.5% decrease from last year’s record-high average of $64.05, but a Thanksgiving meal is still...

Circana’s 2024 Food and Beverage Outlook Predicts Modest Volume Growth Following Three-Year Decline

Beverage and deli categories expected to outperform total food and beverage unit sales

Circana™, formerly IRI and The NPD Group, today released its 2024 food and beverage outlook, revealing that modest food and beverage volume growth is expected next year after three consecutive years of volume declines. The forward-looking outlook provides insight into the anticipated performance of the food and beverage industry throughout 2024, pointing to a more favorable landscape as several headwinds that weighed down 2023 are expected to recede...

Circana Research Reveals 79% of Americans Will Celebrate Thanksgiving with Their Usual Traditions

Circana™, the leading advisor on the complexity of consumer behavior, today released its first Thanksgiving Tracker, offering vital insights into anticipated consumer behavior and purchasing trends for 2023 and looking back at similar trends from 2022. This comprehensive analysis will enable manufacturers, retailers and media organizations to make more informed decisions about merchandising and promotions to drive growth and profitability during the Thanksgiving season.

The week prior to and the week of Thanksgiving are critical sales drivers, although consumers also shop early for spot deals...

Consumers Experienced Increase in Purchasing Power in September with Slowing Inflation

Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, announced today the release of the Primerica Household Budget Index™ (HBI™), a monthly index illustrating the purchasing power of middle-income households with incomes between $30,000 and $130,000. In September 2023, the average purchasing power for middle-income households was 99.3%, up from 97.4% in August. In September 2022, the index stood at 89.3%.

“Wage growth outpaced the increased cost of necessities in September 2023...

New Frozen Foods Research Reveals Steady Shopping Behavior Among Americans

New research finds that frozen foods maintain their relevance to grocery shoppers and offer a suite of valuable benefits that meet their mealtime needs. The third edition of the Power of Frozen in Retail, released today by the American Frozen Food Institute (AFFI) and FMI – The Food Industry Association, reports that frozen food sales reached $74.2 billion over the last year and that the core consumer audience remains steady, indicating a bright future ahead for performance. In a survey of more than 1,700 consumers, respondents indicated they find...

New Supply Chain Tech Aids in Effectiveness and Efficiency

Several new, innovative technologies are giving operators quick access to more data that can help them make better purchasing decisions, take advantage of optimal pricing, and ensure quality.

Making better decisions more quickly

One of those innovations is the increased availability of real-time supply chain data, which allows management teams to take the information and use it to make better decisions more quickly to manage food and supply costs, address supply chain disruptions, streamline logistics, and access product provenance.

“During the last few years...

Outstanding First Half for U.S. Pork Exports; Beef Exports Below Record Pace of 2022

U.S. pork exports concluded an excellent first half with another strong performance in June, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). While well below the record pace established in 2022, June beef exports topped $900 million in value, pushing first-half export value to nearly $5 billion.

June pork exports totaled 245,964 metric tons (mt), up 12% from a year ago, while export value climbed 6% to $691.4 million. Through the...

United Natural Foods and Crisp Unveil New Platform Giving Consumer Packaged Goods Companies Insight

United Natural Foods, Inc. (NYSE: UNFI) (“UNFI”) today announced the launch of UNFI Insights, an exclusive product developed with Crisp, the open data platform for the consumer goods industry. UNFI Insights, Powered by Crisp, is designed to provide UNFI suppliers with the most comprehensive and cohesive sales, inventory, and deduction data across both natural and conventional channels.

The new platform builds on the relationship formed in the summer of 2021 between the two companies, and now provides value-added insights directly through the MyUNFI.com supplier portal...

Outdoor Dining Sees 19% Boost in Early June vs. 2022, According to New OpenTable Data

Summer is here and with it, increased demand for al fresco dining: OpenTable data reveals outdoor dining increased 20% in May and 19% in the first half of June (June 1 – 15), compared to 2022.1

To help diners discover a new favorite patio or rooftop, OpenTable is releasing its annual list of 100 Most Popular Restaurants for Outdoor Dining in America,2 created by analyzing over 13 million OpenTable diner reviews. While the list debuts with the summer season, OpenTable data shows diners embraced outdoor... 

New Data from Divert, Inc. Shows 20% Increase in Grocery Store Wasted Food During the Summer Months

The Summer Solstice - Divert, Inc., an impact technology company on a mission to Protect the Value of Food™, today announced new data showing that wasted food from grocery stores increases by an average of nearly 20% during the summer months compared to the winter months.

“Summer marks peak growing season across the U.S. While this is a time to celebrate an abundance of fresh produce and gather with our family and friends, our data indicates that the summer is also a period...

Leanpath Integrates with CBORD to Deliver More Precise and Actionable Food Waste Data

Leanpath, the global leader in food waste prevention, is excited to announce a new partnership with menu management system provider CBORD. The system integration will allow commercial operators to migrate menus and food prices directly from CBORD to Leanpath.

Leanpath's in-kitchen food waste tracking solutions allow foodservice kitchens to capture a complete picture of what foods they are wasting and why. Analytics, reporting and automated prevention tools allow kitchens to stop that waste from reoccurring.

CBORD customers now have the ability for their daily menus to...