SRG examines grocery shopping, food and restaurant dining in the context of viral outbreak
March 20, 2020
Just one week ago, only 48% of consumers expressed concern about the spread of the novel coronavirus. Today that number has risen to 72% according to week two of an ongoing weekly tracking study of 200 Americans across the country conducted by the Sterling-Rice Group (SRG).
Sustainability, transparency trends help drive consumer product appeal
March 13, 2020
As a new year and new decade offer opportunities to take stock of where we've come and to anticipate the changes ahead, the International Food Information Council (IFIC) Foundation is forecasting five broad trends for food and nutrition in 2020.
Effects of the global coronavirus COVID-19 pandemic were dramatically evident in early March when New Hope Network postponed the annual Natural Products Expo West exhibition in Anaheim. The move immediately impacted an estimated 90,000 attendees and 3,600 exhibitors.
SRG’s Culinary Team Eyes Evolution of Plant-Based Foods, Lifestyles
March 11, 2020
“Never have we seen a movement evolve so quickly from fringe food group interest to mass adoption like we are seeing in the evolution of plant-based foods and lifestyles,” says Kiley Stone, associate culinary director at SRG. “This includes a growing spectrum of foods and new sub-categories of products all under the plant-based umbrella.”
Africa and the Middle East are primed for fast growth in meat consumption, while the US trends toward modest gains
March 11, 2020
Meat and poultry consumption in the US is expected to increase less than 1.0% per year through 2023, but greater gains are projected in other parts of the world. Most notably, nations in Africa and the Middle East are forecast to register the fastest increases in meat consumption, as rising living standards and income levels allow more people to incorporate meat into their regular diet.
The focus within ice cream development is clearly shifting from fat to sugar
March 9, 2020
In the contemporary consumer environment, the balance between health and indulgence is increasingly important. A new report from Innova Market Insights highlights the ice cream category’s growing focus on delivering pleasure without guilt.
Launches grew at a compound annual growth rate (CAGR) of less than 1% from 2014 to 2018, per the Innova Market Insights database. Unfortunately, last year's tally will not advance the cause.
Yet plenty was happening if you knew where to look.
Today's consumers are weighing taste adventure and convenience with new considerations related to what's better for me (diet and personal health) and better for the planet (ethics, sustainability).
New data shows plant-based meat, eggs, and dairy continue to outpace conventional animal products
March 3, 2020
New data released by The Good Food Institute (GFI) and the Plant Based Foods Association shows US retail sales of plant-based foods continued to increase by double digits in 2019, growing 11% and bringing the total plant-based market value to $5 billion.