3 Top Restaurant Industry Trends to Watch Post-COVID

The COVID-19 pandemic took a heavy toll on the restaurant industry. The National Restaurant Association called 2020 the most challenging year for the industry in its history.

Topics: Food & Beverage Industry Insights The Freedonia Group

4 Key Dessert Industry Trends to Watch

The COVID-19 pandemic had a huge impact on the dessert industry in 2020. While isolated at home, anxious consumers sought out comfort and indulgence—which increased sales of chocolate candy, home-baking ingredients, and cartons of ice cream and frozen desserts.

Topics: Food & Beverage Industry Insights

Winners and Losers in the Consumer Goods Industry During Q4-2020

International trade data can represent an accurate barometer of the state of the health of the global economy, even more so in the current extraordinary circumstances, that require up-to-date monitoring for companies involved in international business.

Topics: Food & Beverage House & Home Retail Apparel Pharmaceuticals Healthcare Industry Insights

Cultured Meat Market to Reach $94.54 Billion by 2030

From revolutionizing animal product supply chains to providing a growing population with affordable and sustainable food, cellular agriculture can contribute significantly toward a more secure future. 

Topics: Food & Beverage

U.S. Weight Loss Industry Struggles in 2020, but Commercial Chains Survive Pandemic

The total U.S. weight loss market hit a new peak in 2019, growing to $78 billion. However, that growth came to a halt when the coronavirus hit last March, shutting the doors of many weight loss centers, doctors’ offices, clinics, and other businesses for 8–10 weeks. As a result, the market’s value is estimated to have fallen by 21%.
Topics: Food & Beverage Pharmaceuticals Healthcare

Home Food Gardening Surges During the COVID-19 Pandemic

Before the pandemic, Becca Knoblock used to leave her house before 7 a.m. and white-knuckle her way through downtown Denver’s heavy I-25 traffic on her daily commute. Now that she works from home, she starts each day with a cup of coffee outside, where she takes a few minutes to tend her garden.

Topics: Food & Beverage House & Home Packaged Facts Industry Insights

Key Consumer Trends Powering the Plant-Based Market

Many consumers are looking to reduce their consumption of meat and animal products as part of a “plant-based” diet. These consumers are not only driven by the desire to improve their own health, they are often leery of the industrial food system, concerned about animal welfare, and worried about the threat of climate change.

Topics: Food & Beverage Packaged Facts

7 Things to Know About the U.S. Beverage Industry in the COVID-19 Era

Sales of major beverage categories are expected to grow from $150 billion to more than $160 billion by the end of 2020, according to a new report titled U.S. Beverage Market Outlook 2020: Grocery Shopping & Personal Consumption in the Coronavirus Era by Packaged Facts, a leading market research firm and division of MarketResearch.com.

Topics: Food & Beverage Packaged Facts Industry Insights

Wellness Industry Trends and Opportunities During COVID-19

In recent years, the wellness industry has gained widespread popularity for promoting a broad array of products and services related to nutrition, fitness, sleep, yoga, natural remedies, meditation, and self-care.

Topics: Cosmetics & Personal Care Food & Beverage Healthcare Industry Insights

2020 Diet Trends & U.S. Consumer Data on Weight Loss

Nearly 72% of U.S. adults are overweight or obese, according to the Centers for Disease Control and Prevention (CDC).

But what percentage of overweight or obese adults are actively dieting? And what are the motivations driving this behavior? Do age groups differ in their dietary concerns?

Topics: Food & Beverage Packaged Facts Industry Insights