Each Thanksgiving Dinner Requires a National Effort

As friends and family sit down for a Thanksgiving dinner, very few are aware that the feast on their table is a culmination of efforts of farmers from every corner of the United States. American Farm Bureau Federation economists analyzed the production of the ingredients that go into a classic Thanksgiving dinner, detailing which states produce the most commodities and the production value of those items. The Market Intel provides context to AFBF’s annual Thanksgiving dinner cost survey, which found the average cost of this year’s classic...

Thanksgiving Side Dish Showdown: What Do Americans Want to Ban from the Buffet

A New Survey Reveals the Dishes You Can Cut from the Menu to Save Money this Holiday Season.

Thanksgiving is America’s favorite non-denominational holiday. It’s a festive occasion marked by feasts, football, family…and occasional feuding. Tensions may run exceptionally high at the grown-ups’ table this election year, so Savings.com suggests an alternate arena to settle more playful disputes.

White meat or dark? Stuffing or spuds? Should we even call it Turkey Day? Keep conversation light with these collegial controversies and... 

New Butterball Togetherness Report Provides Insight on Thanksgiving Plans

Butterball, the best known and most loved* brand of turkey in the U.S., today announced the findings of the Butterball Togetherness Report: 2024 Thanksgiving Outlook, which reveals the Thanksgiving plans of hosts and attendees alike.

The holiday report reveals that 86% of consumers plan to celebrate Thanksgiving with others and an anticipated average celebration size of nine people. And turkey reigns supreme, as 87% of hosts plan to serve turkey this year. It's also consumers' favorite part of the Thanksgiving meal (51%), followed by stuffing (44%), pie (32%) and potatoes (27%)...

Circana Reveals Value-Based Deals, Not Just Price, Drive 54 Billion Global Foodservice Visits

The foodservice industry is experiencing a fundamental shift in consumer behavior, with value emerging as the primary driver behind purchasing decisions worldwide, accounting for 54 billion visits annually, according to the latest Circana™ research. As inflation continues to challenge household budgets, consumers are looking beyond the lowest price point, prioritizing value, quality, and flexibility.

The emphasis on value is reshaping how foodservice operators approach their deal strategies. Visits driven by deal-based occasions grew faster than non-deal...

Online Grocery Shopping Surges: VTEX Survey Reveals 69% of Consumers Shop Digitally

VTEX, the composable and complete commerce platform for premier B2C and B2B brands and retailers, released new research on online grocery shopping and consumer preferences. According to the survey findings, of 1,000 U.S. consumers 18 years old and older, 69% of consumers purchase groceries online in some capacity, indicating a strong and growing preference for these services.

As brands and retailers continue to explore the best ways to engage with today's consumers, the survey findings underscore the growing trend and need for grocers to adapt...

Circana Research Reveals 86% of Eating Occasions Sourced from Home Over Past Year

Despite easing inflation, ongoing economic challenges drive shifts in consumers’ eating patterns both in and away from home

Circana™, a leading advisor on the complexity of consumer behavior, recently released a new report providing a complete view of food and beverage consumption trends, both at home and away from home. The 39th annual report, “Eating Patterns in America,” highlights a growing trend toward at-home dining over the past year, with 86% of eating occasions sourced from home. While retail volumes show modest growth...

FMI Research: Shoppers Feel in Control of Their Grocery Spending

Consumers are adapting their shopping strategies to include more flexibility as they attempt to control their grocery spending heading into the fall, according to the latest survey conducted by FMI – The Food Industry Association and The Hartman Group. The report, U.S. Grocery Shopper Trends 2024: Return to Routine, provides a crucial snapshot of how shoppers are finding value and evolving their grocery shopping habits in the current economic environment.

While shoppers report continued concerns regarding inflationary pressures on food and other consumer categories...

Economy Still Growing, But Could be Slowing Enough for Fed to Lower Interest Rates This Year

Key elements of the economy are still growing but appear to have slowed enough to be on track for the Federal Reserve to lower interest rates later this year, National Retail Federation Chief Economist Jack Kleinhenz said today.

“The consumer environment has kept the expansion on a positive path toward a ‘soft landing’ despite high interest rates,” Kleinhenz said. “Meanwhile, inflation has not yet been fully tamed, but we are seeing progress.”

Kleinhenz’s comments came in the August issue of NRF’s Monthly...

U.S. Pork Industry Fuels American Jobs and Economic Growth: New Report Unveiled

The National Pork Producers Council (NPPC) released a new economic contribution report detailing the significant impact America’s pig farmers have on the United States’ agricultural and overall economy. The report highlights the pork industry’s value chain contributions and trends in production and industry structure.

“America’s pork industry is a vital pillar of our nation’s agricultural economy, contributing over $62 billion annually and supporting hundreds of thousands of jobs across the country,” said NPPC President Lori Stevermer, a pork producer from Easton, Minn. “Producers are committed to delivering...

The Best Things in Life Are Free: Win Pizza & Coke for Life with The Fresh Market and Coca-Cola®

Everyone says the best things in life are free, so what’s better than winning two of America’s favorite staples—pizza and Coca-Cola®—for life? On the heels of a successful launch of its Hot & Fresh Pizza, The Fresh Market has teamed up with The Coca-Cola Company to elevate the dining experience for its customers. Imagine getting to enjoy the quality, delicious taste of a Hot & Fresh pizza followed by the refreshing chill of a Coke—for life...

Specialty Food Association Releases New Research, Understanding the Real Value of Specialty Foods 

The Specialty Food Association (SFA) has released a second edition of its groundbreaking research report, Understanding the Real Value of Specialty Foods. Built on interviews with 1,000 shoppers, 100 retailers, and other data points, the new report outlines the positive impact of specialty products on retailer profitability and shopper loyalty, impact that has only increased in importance since the first edition came out in 2014.

Describing the current moment as "an era of specialty food prominence," the report notes that sales of specialty products have...

2024 U.S. Grocery Shopper Trends Series: How Consumers Are Finding Value at the Grocery Store, FMI

Shoppers enjoy food shopping as much as ever, according to the latest annual survey by FMI – The Food Industry Association, conducted by The Hartman Group. The analysis kicking off this 2024 series, U.S. Grocery Shopper Trends: Finding Value, provides a crucial snapshot of consumer behavior and sentiment in the most frequently purchased consumer category amid ongoing concerns about the impact of inflation on the cost of groceries.

While consumer concerns about food inflation persist, FMI’s newly launched U.S. Grocery Shopper Sentiment Index, which accounts...

Packaged Facts Illuminates the State of the U.S. Food Market

Propriety survey shows that 53% of consumers are still very concerned about rising food prices.

In a dynamic landscape where food and beverage trends evolve faster than ever, Packaged Facts’ latest report, U.S. Food Market Outlook 2024: Opportunities & Challenges With Pricing, Convenience, Sustainability & More, provides a compass for industry players navigating uncharted waters.

The food industry faces unprecedented tests—from supply challenges and rising labor costs to changing consumer preferences and increasing need to address sustainability issues. Packaged Facts’ new report equips retailers, service providers, wholesalers, food processor...

Monthly Import Cargo To Reach 2 Million TEU Through Early Fall

Monthly inbound cargo volume at the nation’s major container ports should consistently be above 2 million Twenty-Foot Equivalent Units through this summer and into early fall, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“We haven’t seen numbers this high for this many months in almost two years,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Regardless of what headlines about the economy might say, consumers are shopping and retailers are making sure they... 

NCBA Urges USDA to Reverse Decision to End Reporting of Critical Cattle Industry Data

Today, the National Cattlemen’s Beef Association (NCBA) criticized the U.S. Department of Agriculture National Agricultural Statistics Services’ (USDA-NASS) decision to cancel the July Cattle Report and discontinue the County Estimates for Crops and Livestock, among other changes. These reports provide critical data and the decision to end them is completely misguided.

“It is disingenuous for the same agency which touts its commitment to transparency in livestock markets to arbitrarily cease publication of reports which provide just that...

Circana Announces Top 50 U.S. Restaurants

Circana™, the leading advisor on the complexity of consumer behavior, today released its 2024 Definitive U.S. Restaurant Ranking Report, offering insights into evolving consumer habits, performance trends, and the top players in the industry.

While restaurant traffic saw a modest growth of 1% in 2023 compared to the previous year, a 5% increase in consumer spending was recorded, surpassing the 4% growth observed in 2022. Notably, the industry now stands as a half-a-trillion-dollar juggernaut, with dollars exceeding 2019 levels by 12%, despite traffic remaining 8% below prepandemic levels...

19th Annual Power of Meat Reports Strong Meat Consumption, Evolving Consumer Trends

The number of Americans who describe themselves as meat eaters (80%) and the number of households that purchase meat (98%) remain steady from 2023, while the number seeking to decrease meat consumption has fallen by 20% since 2020, according to the 19th annual Power of Meat report released today by the Meat Institute and FMI—The Food Industry Association.

According to data cited from Circana, overall household penetration averages above 97% for all incomes, ethnicities, household sizes and ages...

February CNBC/NRF Retail Monitor Numbers Show Consumers Continued Spending in February

Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access February’s retail data.

Total retail sales, excluding automobiles and gasoline, were up 1.06% seasonally adjusted month over month and up 6.3% unadjusted year over year in February, according to the Retail Monitor. That compared with a decrease of 0.16% month over month and an increase of 2.34% year over year in January...

Import Cargo Returning to Normal After Red Sea Disruptions

With the supply chain adjusting to ongoing Houthi rebel attacks on commercial vessels in the Red Sea, inbound cargo volume at the nation’s major container ports remains on track to show year-over-year increases through the first half of 2024, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Retailers continue to work with their partners to mitigate the impact of disruptions from the Red Sea and Panama Canal restrictions,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said...

Q4 Trends Report: Catering Orders Surge with New Digital Ordering Channels, Food & Alcohol Insights 

Toast, the all-in-one digital platform built for restaurants, today announced its Q4 2023 Restaurant Trends Report, providing insight into the overall state of the U.S. restaurant industry through an analysis of aggregated data from selected cohorts of restaurants and in select U.S. metropolitan areas on the Toast platform, which serves approximately 106,000 restaurant locations as of December 31, 2023. Read more details about our methodology below.

This report looks into catering and large event transactions on the Toast platform, trends in...

Circana Report Reveals Private Brands Surge Amidst Inflation 

Supporting shoppers by investing in innovation and promotions is key for retailers.

Circana™, the leading advisor on the complexity of consumer behavior, ​​today released a new report on the state of private brands (also referred to as store brands or private labels). Despite high inflation, private brands have experienced growth, surpassing $217 billion in sales in the United States market. The report, “CPG Private Brands Update,” provides an update on the store brand landscape, and identifies retailer opportunities to increase demand for their own brand and private brand...

New FMI Report: Food Industry Committed to Health and Well-Being Initiatives

Most food industry companies are operating with established nutrition, health and well-being strategies to meet increased shopper focus on healthy eating

As Americans’ interest in nutrition and healthy eating has increased in recent years, companies across the food industry have implemented numerous initiatives to support consumers’ health needs and priorities, according to FMI – The Food Industry Association’s new Food Industry Contributions to Health and Well-Being 2024 report. The survey, conducted in October 2023, includes insights from both retailers and product suppliers... 

Pizza Hut Releases Report on 2024 Pizza Trends

To kick off the New Year, Pizza Hut is revealing its latest research on pizza trends and top predictions of what's to come in the pizza category for 2024. Pizza Hut has led the way with culinary innovation and iconic pizzas since 1958, from the Original Pan® Pizza to Original Stuffed Crust® to its latest category innovation, Pizza Hut Melts®. The leading pizza destination continues to push boundaries, always staying on the pulse of the latest trends and consumer behaviors to introduce new...

Americas Food and Grocery Sector Projected Growth and Competitive Landscape Through to 2027

The "Americas Food and Grocery Sector Overview, Market Size, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Recently published data provides an extensive analysis of the Food and Grocery retail sector across the Americas, with robust growth forecasts and market shares of leading retailers.

A comprehensive databook offering groundbreaking insights into the Food and Grocery sector within the Americas has been added to our vast repository of industry research. This resource is poised to be invaluable for stakeholders looking to navigate the...

DoorDash’s Dash From the Past 2023 Trend Report and a Look Back at Ten Years of Deliveries

2023 was all about milestones. While DoorDash celebrated its 10th anniversary and a decade of empowering local communities, we know our customers celebrated special moments, too. Whether it was a birthday, graduation, holiday, game day or just because – this year, customers celebrated the moments that mattered. From serving up the best of your local neighborhood cuisine to coming in clutch with the perfect gift that you definitely didn’t forget about, no matter how big or small these moments were, DoorDash was there to...