Millennials have built up quite a list of industries and businesses for which they are responsible for “killing” over the past few years – from restaurant chains and mass-produced beer to starter homes and napkins. Finally, it seems millennials have redeemed themselves in what is arguably the last place one might expect: the frozen food aisle.
June 22, 2018US restaurant and foodservice revenues are forecast to total $990 billion in 2021. Advances will be driven by increases in population and disposable personal income, as consumers dine out more often and purchase higher-priced offerings. Over the 2006-2016 period, revenues increased briskly, with 2009 representing the only year of decline as the recession prompted consumers to curb discretionary purchases.
November 8, 2017US wine demand by volume is forecast to reach 1.2 billion gallons in 2021. Increases will be driven by continued expansion in disposable personal income and demographic shifts, in which a larger percentage of the growing population will consume wine...
May 16, 2017