Since the changes brought on by the pandemic, the supermarket business has had to cope with supply shocks, inflation rollercoasters, shifting consumer habits, and other uncertainties. These challenges are all on top of the continued trend towards channel blurring, where other retailers expand into food thus blurring the lines between grocery stores, [...]
A 2023 report by Fortune Business Insights pegs the global frozen food market at USD 297.47 billion. The frozen food category is projected to grow at a compound annual growth rate (CAGR) of 4.80% from 2023 to 2030, reaching USD 412.93 billion by 2030 Here's a rundown of the types of foods [...]
Evolving consumer preferences and societal trends are sparking industry growth in many food categories.. These include plant-based products, organic and non-GMO items as well as a rise in the direct-to-consumer channel. Additionally, alternative proteins and locally-sourced foods are gaining popularity. These trends reflect a growing consumer focus on health and sustainability. Here [...]
We began publishing our Top 10 Grocers list in 2019. It takes time to compile new lists as the work depends a bit on fiscal year (FY) close dates as well as the time it takes for some good old fashioned research. This page will host our most recent updates to the [...]
A recent report published by the Organic Produce Network, based on data provided by Nielsen for Q1 2023, sheds light on the U.S. organic produce market. Key findings include: Marginal Growth Amidst Volume Decline: In the first quarter of 2023, the organic produce market saw a modest dollar growth of 0.8% compared [...]
But there's a hitch The Kroger Company consistently shows up at the top of any list identifying the largest food retailers in the United States as they operates over 2,700 stores, including some that operate under the Ralphs, King Soopers, and Dillon's brands. In FY 2023 Kroger reported over $148 billion in [...]