Articles Tagged with ''consumer behavior''

Sales of natural and organic products, including food and beverage, supplements, household, and personal care categories, are on track to surpass $300 billion by 2023 and $400 billion by 2030.

What some thought was temporary adaptation to an unexpected retail store challenge, has proven to be a transformational period for our industry with eCommerce in the forefront.

Most analyses during the pandemic have focused on discerning its impact on consumer behavior and forecasting how this might change going forward. However, before the pandemic structural changes in the workforce and the aging population already contributed to a home-centric lifestyle, and COVID accelerated it, reports The NPD Group.

Innova Market Insight's 2021 Global Lifestyle & Attitude Survey reports that 43% of consumers are actively attempting to reduce waste and 32% are taking action to eat in moderation.

Flavorchem, a key supplier of coffee extracts including cold brew concentrates, released some of the top trends fueling premium coffee innovation.

eCommerce drove 75% of the $3 trillion growth in global retail sales over the past decade, according to Euromonitor. This digital transformation is forcing retailers to redefine the use of traditional stores to enable immersive, personalized and optimized shopping environments.

Beverage retail sales spiked in 2020 due to the impact of the coronavirus as consumers ate and drank virtually everything at home.