NCBA Urges USDA to Reverse Decision to End Reporting of Critical Cattle Industry Data

Today, the National Cattlemen’s Beef Association (NCBA) criticized the U.S. Department of Agriculture National Agricultural Statistics Services’ (USDA-NASS) decision to cancel the July Cattle Report and discontinue the County Estimates for Crops and Livestock, among other changes. These reports provide critical data and the decision to end them is completely misguided.

“It is disingenuous for the same agency which touts its commitment to transparency in livestock markets to arbitrarily cease publication of reports which provide just that...

Circana Announces Top 50 U.S. Restaurants

Circana™, the leading advisor on the complexity of consumer behavior, today released its 2024 Definitive U.S. Restaurant Ranking Report, offering insights into evolving consumer habits, performance trends, and the top players in the industry.

While restaurant traffic saw a modest growth of 1% in 2023 compared to the previous year, a 5% increase in consumer spending was recorded, surpassing the 4% growth observed in 2022. Notably, the industry now stands as a half-a-trillion-dollar juggernaut, with dollars exceeding 2019 levels by 12%, despite traffic remaining 8% below prepandemic levels...

19th Annual Power of Meat Reports Strong Meat Consumption, Evolving Consumer Trends

The number of Americans who describe themselves as meat eaters (80%) and the number of households that purchase meat (98%) remain steady from 2023, while the number seeking to decrease meat consumption has fallen by 20% since 2020, according to the 19th annual Power of Meat report released today by the Meat Institute and FMI—The Food Industry Association.

According to data cited from Circana, overall household penetration averages above 97% for all incomes, ethnicities, household sizes and ages...

February CNBC/NRF Retail Monitor Numbers Show Consumers Continued Spending in February

Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access February’s retail data.

Total retail sales, excluding automobiles and gasoline, were up 1.06% seasonally adjusted month over month and up 6.3% unadjusted year over year in February, according to the Retail Monitor. That compared with a decrease of 0.16% month over month and an increase of 2.34% year over year in January...

Import Cargo Returning to Normal After Red Sea Disruptions

With the supply chain adjusting to ongoing Houthi rebel attacks on commercial vessels in the Red Sea, inbound cargo volume at the nation’s major container ports remains on track to show year-over-year increases through the first half of 2024, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Retailers continue to work with their partners to mitigate the impact of disruptions from the Red Sea and Panama Canal restrictions,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said...

Q4 Trends Report: Catering Orders Surge with New Digital Ordering Channels, Food & Alcohol Insights 

Toast, the all-in-one digital platform built for restaurants, today announced its Q4 2023 Restaurant Trends Report, providing insight into the overall state of the U.S. restaurant industry through an analysis of aggregated data from selected cohorts of restaurants and in select U.S. metropolitan areas on the Toast platform, which serves approximately 106,000 restaurant locations as of December 31, 2023. Read more details about our methodology below.

This report looks into catering and large event transactions on the Toast platform, trends in...

Circana Report Reveals Private Brands Surge Amidst Inflation 

Supporting shoppers by investing in innovation and promotions is key for retailers.

Circana™, the leading advisor on the complexity of consumer behavior, ​​today released a new report on the state of private brands (also referred to as store brands or private labels). Despite high inflation, private brands have experienced growth, surpassing $217 billion in sales in the United States market. The report, “CPG Private Brands Update,” provides an update on the store brand landscape, and identifies retailer opportunities to increase demand for their own brand and private brand...

New FMI Report: Food Industry Committed to Health and Well-Being Initiatives

Most food industry companies are operating with established nutrition, health and well-being strategies to meet increased shopper focus on healthy eating

As Americans’ interest in nutrition and healthy eating has increased in recent years, companies across the food industry have implemented numerous initiatives to support consumers’ health needs and priorities, according to FMI – The Food Industry Association’s new Food Industry Contributions to Health and Well-Being 2024 report. The survey, conducted in October 2023, includes insights from both retailers and product suppliers... 

Pizza Hut Releases Report on 2024 Pizza Trends

To kick off the New Year, Pizza Hut is revealing its latest research on pizza trends and top predictions of what's to come in the pizza category for 2024. Pizza Hut has led the way with culinary innovation and iconic pizzas since 1958, from the Original Pan® Pizza to Original Stuffed Crust® to its latest category innovation, Pizza Hut Melts®. The leading pizza destination continues to push boundaries, always staying on the pulse of the latest trends and consumer behaviors to introduce new...

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...

DoorDash’s Dash From the Past 2023 Trend Report and a Look Back at Ten Years of Deliveries

2023 was all about milestones. While DoorDash celebrated its 10th anniversary and a decade of empowering local communities, we know our customers celebrated special moments, too. Whether it was a birthday, graduation, holiday, game day or just because – this year, customers celebrated the moments that mattered. From serving up the best of your local neighborhood cuisine to coming in clutch with the perfect gift that you definitely didn’t forget about, no matter how big or small these moments were, DoorDash was there to...

New Data Highlight Continuous Improvement, Sustainability Across Meat Sector

In the second year of the meat sector’s pioneering data collection and reporting on five key focus areas for continuous improvement, the number of companies submitting data grew by nearly 60% and now covering more than half of all establishments operated by Meat Institute members.

With 93% of the Meat Institute’s largest member companies (more than 2000 employees) submitting data, the report reflects commitments and actions covering an estimated 90% of meat sold in the United States. The Meat Institute's metrics and goals align closely with on-farm efforts in beef...

United States Burger Restaurant Industry Research Report 2023-2028

Grilling the Stats - The Industry Will Likely Continue Approaching Market Saturation, Hurting Participation

The "Burger Restaurants in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.

Industry revenue recovered in 2021 as the government eased COVID-19 restrictions. Consequently, industry revenue is anticipated to grow at a CAGR of 4.9% to $176.8 billion over the past five years, including an expected 0.1% decline in 2023 alone.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors...

On-The-Go Nutritious Snacks and Meals Drive Demand Amid Convenience Wave

The "United States Kids Food and Beverage Market, Size, Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis" report has been added to ResearchAndMarkets.com's offering.

The US Kids Food and Beverage Market is expected to reach US$ 72.41 Billion by 2028 from US$ 49.91 Billion in the year 2022., growing at a CAGR of 6.4%

Food marketing undoubtedly plays a substantial role in the alarming rates of obesity and diet-related diseases prevalent among children. Parents in the United States are becoming increasingly...

Technomic Launches Restaurant Operator Trend Reports, Exploring Operator Perspectives

Technomic is launching a brand-new syndicated report series, Restaurant Operator Trend Reports. These new reports will provide insights on operator perspectives, behaviors and attitudes about key topics. The first two reports—set to be released later this year—will feature full-service and limited-service restaurant operator intelligence on purchasing preferences and daypart dynamics.

“The need to understand operator behaviors and attitudes is critical for manufacturer success, so the Restaurant Operator Trend Reports will be key tools for brand growth,” said Erin Prestinario, director, syndicated products at Technomic. “Not only...