On the Road to Recovery?
Market trends that emerged during the pandemic are shaping the food and beverage landscape as it heads toward a post-COVID period.
Article Content
2020 may not have brought an abundance of product development excitement, but retail food and beverage sales surged. For the year ended Jan. 25, 2021, sales of all edibles in multi-outlet retailers were up 12.7% versus a year ago, according to data from the International Dairy Deli Bakery Association and IRI.
Food/beverage trip frequency recovered to slightly above year ago levels; basket size remained highly inflated. The frozen food department led growth with sales up 19.4%, followed by meat, …
About the Author
Top