Food and beverage items will occupy a prominent place on the list of products consumers are expected to spend money on during the 2019 holiday shopping season, according to Deloitte’s 34th annual holiday retail survey. The survey polled more than 4,400 consumers from throughout the United States.
Food-related findings from the survey include the following:
In addition, two-thirds (66%) of shoppers say they will spend money on socializing away from home, and for 59% of them that includes dining at restaurants. The average holiday spend on restaurant dining is expected to be $280.
The study showed that online shopping is gaining momentum among shoppers of all age groups. On average, survey respondents said they expected online purchases to account for 59% of their holiday spending, up from 51% in 2015; 54% said they preferred online shopping to shopping at a bricks-and-mortar retailer.
Researchers from the Leibniz-Institute of Freshwater Ecology and Inland Fisheries (IGB) have published a profitability analysis of a facility that produces fish and vegetables on a large scale.
A just-released report from the nonprofit group Forum for the Future highlights ways in which regenerative agriculture can help make the food system more resilient.
An international group of almost 50 scientists identified 75 emerging innovations and drew up eight action points to accelerate the transition to a sustainable and healthy food system.
Startup company Apeel Sciences has announced $250 million in new financing led by GIC.
According to The Washington Post, coronavirus outbreaks at meatpacking plants across the United States have forced temporary closures and resulted in a backlog of hundreds of thousands of animals that were ready to be slaughtered weeks ago but increasingly have nowhere to go.
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