Retail Market Trends

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A majority of grocery shoppers believe that packaging can leave undesirable chemicals in their foods and beverages.

Generation Z, or those under 25, spent a relatively equal amount on food at-home vs. away-from-home, while that gap widened in older generations.

The US retail market for dog and cat food ended 2018 with sales of $27 billion, up more than 4% compared to 2017, according to market research firm Packaged Facts and its report, titled, "Pet Food in the US, 14th Edition."

According to Euromonitor International, 24% of the surveyed global consumers are trying to cut down their meat intake, driving sales of global meat substitutes to reach $19.5 billion in 2018.

Last year frozen foods were included in 9.8 billion eating occasions in home, up 2% from a decade ago, an increase that represents billions of meals, according to NPD’s daily tracking of U.S. consumers’ eating behaviors.

World Tea Expo 2019 will take place June 10-13 in Las Vegas, at the Las Vegas Convention Center. The event will gather more than 3,000 international professionals from various industries, including grocers and retailers, coffee and tea houses, restaurants and foodservice, hotels, spas, natural product businesses, private label, beverage developers, manufacturers, distributors and more.

Look even more closely at product trends and you'll find that cheese is everywhere and is a driving factor in the value-added product push.

The comprehensive report features insights and thought leadership from Daymon’s team of industry experts.