Online grocery shopping boomed during the COVID-19 pandemic, but will consumers stick to the habit as inflation becomes a greater concern?
May 23, 2023The grocery market experienced much faster than average growth in 2020 and 2021 since people were staying at home more than usual due to remote work and schooling.
February 1, 2022Online sales of foods and beverages are forecast to increase 32% per year through 2023.
July 22, 2020Iced coffee beverages broaden the coffee playing field, satisfying refreshment-based consumer needs by carrying the beverage well beyond its morning daypart stronghold.
July 9, 2018Whereas not long ago product development in the coffee creamers realm centered on new flavor varieties, leading marketers are now aggressively responding to consumers’ desire for clean label products. Part of the goal is to attract new customers by alleviating concerns about ingredients.
March 22, 2017Consumers continue to embrace snacking—not only as viable daypart option but also as a paradigm through which to view eating in general (smaller, more frequent meals). This has caused and will continue to cause changes in consumers’ relationships with traditional breakfast foods.
November 10, 2016Feb. 19 - This blog is based on the report Foodservice Tea Market Trends in the U.S. Save 10% at checkout with the code PFSAVE10. A bright future Given current industry momentum and tea’s pivotal role in helping limited-service players grow lunch and afternoon sales, we believe tea sales growth rates will trend slightly upward over the next few years, growing 5.1% in 2016 and 5.3% in 2017. Recent developments buoy our forecast, including Starbucks’ leveraging of the Teavana brand to grow i...
February 19, 2016An increasing number of U.S. businesses are concerned with managing their ecological footprint, and in recent years this dedication to going green has trickled down to the U.S. coffee market. In particular, to have a competitive foodservice coffee platform, being environmentally and socially responsible is increasingly important, according to Coffee and Ready-to-Drink Coffee in the U.S.: Retail and Foodservice, 8th Edition , a recent report by Packaged Facts. To illustrate this point, consider...
July 16, 2014The market for bottled water has a promising future. As consumers continue to reject carbonated soft drinks and embrace bottled water, many beverage industry analysts and marketers are convinced that the category will soon become the dominant non-alcoholic beverage. Health and wellness concerns, the fitness fad and the perennial struggle of many consumers with overweight and obesity have combined to make bottled water the zero-calorie/ultra-low calorie beverage of choice for growing millions of ...
May 20, 2014Our hat is off to coffee innovation, which continues to help a very mature market grow new usage occasions and higher price points. Threading this needle translates to continuing to push the variety envelope while leveraging hot coffee’s dominant position. In the end, it’s largely about raising the price of coffee-or at least getting more money per ounce. Across restaurant menus, flavors that have universal appeal, such as mocha, chocolate, vanilla, and caramel, have the strongest penetration....
May 14, 2014