by Freedonia Industry Studies
March 8, 2021
Historically strong year for retail grocery sales in 2020 were driven by a variety of factors, including:
However, that won’t last. More people are being vaccinated, pandemic restrictions are being lifted or will be in the coming month, more people are returning to workplaces, and schools are opening for in-person learning.
As a result, many major grocers are expecting declines in same-store sales in 2021, most foreseeing declines around 3-5%.
So what will grocery retail trends include in 2021?
For more information and discussion of opportunities, see The Freedonia Group’s extensive collection of off-the-shelf research, including Frozen Food Packaging, Pouches, Global Foodservice, Foodservice Single-Use Products, Global Foodservice Single-Use Products, Retail Bags, Commercial Refrigeration Equipment, and Global E-Commerce Packaging. Related reports from our sister publisher, Packaged Facts, include Food Carryout & Delivery, Food Carryout & Delivery: Special COVID-19 Consumer Insights, Consumer & Corporate Food Gifting in the US, US Food Market Outlook 2020: Home Cooking, Grocery Shopping & Food Trends in the Age of Coronavirus, Global Food E-Commerce, and Online Grocery in the US. Freedonia Custom Research is also available for questions requiring tailored market intelligence.