Market Growth

Source: USDA Economic Research Service

The use of credit and debit cards has been on the rise in the past decade—driven by the development of online shopping, mobile payment options and, recently, the COVID-19 pandemic. In turn, the use of cash as the primary payment method has fallen. A downside of paying with cards, rather than […]

Source:  International Dairy Deli Bakery Association Bakery, Dairy, Deli

Madison, WI — The International Dairy Deli Bakery Association (IDDBA) has released their latest COVID-19 Impact report.

This week’s report found that total store sales, including the fresh perimeter, held very steady a little over +10%, in spite of going up against the Father’s Day 2019 sales bump, […]

Source: ResearchAndMarkets.com

DUBLIN- The “Global Dairy Products Market Analysis 2020” report has been added to ResearchAndMarkets.com’s offering.

The Global Dairy Products market is expected to reach $760.86 billion by 2026 growing at a CAGR of 6.7% from 2018 to 2026. Dairy products are a necessary part of diets, have been witnessing wonderful demand in the market. As […]

Source: FMI

ARLINGTON, Va.– -FMI today launches a renewed brand identity as FMI – The Food Industry Association, reflecting its strategy to more broadly represent the food marketplace and embrace a more interconnected supply chain. FMI views retail as the heart of the food industry and recently expanded its membership in response to retailers’ needs, helping […]

Source: Nathaniel Meyersohn, CNN Business

New York – Supermarkets want to convince customers to visit stores for lunch or dinner — not just for a grocery haul. For decades, grocery stores have included hot food and salad bars, delis and sandwich stations. But in recent years, many grocers have started adding sit-down restaurants, food halls and […]

Source: Specialty Food Association

NEW YORK, NY — The Specialty Food Association (SFA), a longstanding champion for food industry visionaries and the host of the bi-annual Fancy Food Shows, today announced the association’s complete rebranding effort. SFA’s new vision to ‘Shape the Future of Food’ will serve as an umbrella to an array of educational, networking […]

Source: Rick Stein, Vice President, Fresh Foods, Food Marketing Institute

These days, convenience is the name of the game. Just look at how shoppers select their primary store. According to FMI’s 2019 U.S. Grocery Shopper Trends report, 67% of shoppers rate convenience from home as one of the key attributes of their primary grocery store and […]

Source: Natalie Etori, Manager, Marketing, Food Marketing Institute Retail & FoodService

I remember driving in a snow storm to a newly built grocery store in my neighborhood just to see the automatic-light sensors in the freezer aisles. As I’ve gotten older, it’s become less about cool features in the aisles and more about how my grocery […]