Katie McBreen, vice president of communications and strategy for the Consumer Brands Association, says, “We’ve seen a definite movement toward [product] optimization as a result of COVID from food, beverage and snacks to cleaning products.”  Large companies are focusing on streamlining product offerings, culling outdated items and prioritizing core brands. Health professionals continue to debate whether these highly processed products are nutritious, but that hasn’t stopped innovation. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage – convenience stores, grocery retailing, restaurants and noncommercial foodservice – through media, events, data products, advisory services, and trade shows. Grocery e-commerce platform Marcatus and consumer industry insights company Incisiv detailed in a new study current and future trends in the physical and online grocery … Fiesta Farms. According to a new report from the Food Marketing Institute, 71% of food retailers see health and wellness as a growth opportunity for their business. Sales data from Nielsen shows that sales of plant-based milk alternatives grew 19 percent in the past year, and sales of plant-based meats grew 46 percent. Consumer trends in supermarket industry, such as healthy eating, plant-based foods, CBD popularity. Interactive Apps. We literally started playing with our food in 2020, and will see that to continue into … “I think more and more of these functional foods will appear on the immunity front, especially with the current COVID-19 situation,” says Amy Gorin, a plant-based dietitian, and a food media and trends expert, in Stamford, Conn. Gorin has seen several products made with mushrooms (which claim to help you focus), snack bars with adaptogens (which claim to provide energy and calmness), and dark chocolate fortified with vitamin B12, a nutrient required for proper immune function. The study surveyed 2,000 millennials (ages 25 to 39) and 1,000 members of Gen Z (ages 18 to 24) about their food spending and grocery shopping habits. Grocers have had to test and invest at a faster pace than they'd like since Amazon acquired Whole Foods nearly three years ago. News provided by. This story is part of a series of pieces looking at trends in the industry.  and specializes in writing, nutrition education and recipe development. Companies are understanding that, and are adding more transparency in their manufacturing processes.”. The pet food industry saw demand soar, in part … And shoppers are rethinking how they buy their food, how it got to the store and what goes into the products. The latest supermarket, grocery and food retail news, including food safety, technology, category management, e-commerce, marketing, mergers & acquisitions and more. Understanding retail’s shifting landscape. — whether it’s in the aisles or from your computer. To put it bluntly, much of the $5.7 trillion global grocery industry is in trouble. Today’s Grocer differs a bit from other publications in that it only publishes print and … Four of these markets are in Europe: the UK, France, Germany and Spain. Stores are now carrying eggs made from mung bean protein isolate, bacon made of coconut oil and rice flour, and mock tuna fish made from a blend of pea and soy protein isolates. Frozen food is another surprise breakout. We reviewed the trend predictions and identified four that experts believe will define the food industry in the coming year. Organic products are now available in nearly 20,000 natural food stores and nearly 3 out of 4 conventional grocery stores. The word News; The word Reviews A magnifying glass. Also includes expert viewpoints, people news and special features. These grocery industry trends will influence restaurant trends as off-premise dining and shopping experiences become more prevalent. Although it has grown at about 4.5 percent annually over the past decade, that growth has been highly uneven—and has masked deeper problems. For those not ready to fully commit to plant-based eating, there are new “blends” available. Read more about the 4 grocery markets to watch in 2020 . FMI's U.S. Stocking shelves with innovative new products is less of a priority than stocking shelves, period. These brews are known for containing beneficial probiotics, which are part of a strong immune system. Grocery Shopper Trends . ( FMI) According to a study, customer retail loyalty has improved last 2019 with 37% indicating that they want to shop with the same retailer than looking around for others. The average number of product offerings in grocery stores declined more than 7 percent during the four weeks ending June 13, according to data provided by Nielsen. Grocers are getting in on the action. Most food spending is for groceries Gen Z households spend an average of $760 for food each … The bakery chain is confident of long-term recovery despite sales being hit amid the pandemic. … Many companies operate in a “conscious capitalism” model, where they strive to balance social responsibility with financial success. We want to hear from you: How are you adapting to the new normal? My articles on food trends usually include exciting new products and some innovations in food manufacturing or packaging. March 17, 2021 / 04:12 PM IST One of those trends is that consumer packaged goods (CPG) sales will "decelerate" but remain strong this year, at least in comparison to 2019. Sources: Specialty Food Association (SFA) Innova Marketing Insights ADM Whole Foods Grande Custom Ingredients Group Plant-based “Global phenomenon status” is how Innova describes the trend of plant-based food. According to recent research from IGD, the ten leading global online grocery markets are expected to generate combined sales of almost €200 billion, at an annual growth rate of 20%, by 2023. Companies are putting innovation on the back burner to focus on supply chain issues. This report covers activities such as food, supermarket, grocery, fruit, food and includes a wealth of information on the financial trends over the past four years. Consumer demand for organically produced goods continues to show double-digit growth, providing market incentives for U.S. farmers across a broad range of products. The most important news stories of the day, curated by Post editors and delivered every morning. Want to get the scoop on everything restaurant tech, marketing, industry news… Grocery Dive delivers the latest news in the grocery industry, with articles covering grocery delivery, online food shopping, shopper behavior, store formats, technology, and more. She is the co-author of   The outbreak of coronavirus is pushing Americans to buy their groceries online, a development that could have a lasting effect on the supermarket industry. E-commerce has been a disruptive force in grocery retailing, taking market share from traditional bricks-and-mortar retailers. “We’re anticipating continued online growth … “For instance, if you’re eating that chocolate with vitamin B12, you likely don’t also need to take a vitamin B12 supplement.”. The Fresh Market Is Ready to Grow Again With Newest Hire, Whole Foods' New Collab Puts Consumers in Right 'Headspace'. Press release - orion market reports - Functional Food Ingredients Market- Global Industry Analysis, Share, Growth, Trends and Forecast 2021-2027 - published on openPR.com But like everything else in 2020, this trend report is different because of the coronavirus pandemic. The Freezer Is Hot. Other food growers are becoming “food justice certified,” which is a domestic version of the well-known international fair-trade movement. “The supermarket in six to nine months from now is going to look totally different than it does now,” says Lempert, who predicts changes in both layout and operations because of the pandemic. Get news highlights delivered directly to your e-mail inbox. Beverage companies are also jumping on the wellness bandwagon. “We are going to see an explosion in the functional beverage category, from beverages that contain melatonin-rich ingredients to help you sleep, to shelf-stable kombucha and even hard kombucha (which contains alcohol),” says Gorin. While there may be fewer innovative products on the shelves, they seem to have something in common: a focus on health, especially the growing interest in plant-based food. Lempert predicts that an average 22-minute grocery shop could take just 10 minutes with such a layout, mitigating some grocery store anxiety for customers. Samuel said in 2020, there could also be more of a shift in product mix in-store, such as more plant-based products and other items that help consumers meet specific lifestyle and dietary needs. Keeping Pace With Increased Digital Payment Options, Giant Co. Debuts Stunning Urban Flagship in Philadelphia, Kroger Customers Rewarded in Stock Spend More at Grocer, Former Sprouts Farmers Market CEO Shon Boney Dies at 52, Independent Grocers Demand Congress Investigate Big Grocery, Meijer Installing EV Charging Stations at More Stores, ​​​​​​​Dollar General Forecasts 2021 Comp Decline. It was based in part on an Ipsos poll as well as input from CBA subject matter experts. Article share tools The Restaurant Group says its … DUBLIN, March 19, 2021 /PRNewswire/ -- The "Food and Beverages (F&B) Coding and Marking Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and … Grocery Shopper Trends Report provides the latest insights into customer behavior and shopping habits.Prepared by The Hartman Group, the 2020 report provides a clear picture of grocery shopping habits before the pandemic, attitude shifts that took place during COVID-19 and offers a glimpse of what might come next for the food industry. Retail Grocery Industry Trends and Analysis For the average household in the United States, 5.9 hours per week will be spent on cooking food that was purchased from a local retail grocery location. The latest supermarket, grocery and food retail news, including food safety, technology, category management, e-commerce, marketing, mergers & acquisitions and more. He’s seen supermarkets skip distributors and contract directly with farmers to guarantee product quality, availability and delivery. Research and Markets ... Get the complete analysis of COVID-19 impact on the United States Online Grocery Industry in our report. A product that is high in protein or vitamin C may also be high in sugar, or contain alcohol or highly processed ingredients. Forecasts the US online grocery industry's penetration in 2020 and … Happy Shopping! He’s even sees some stores limiting the number of certain products that consumers can buy. A bit of added vitamin is not enough to make a product nutritious — it’s the whole product that counts. 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