Inflationary Pressures & Supply Chain Issues Challenge Retail Food Sales

June 1, 2022 Packaged Facts

Food retail sales spiked significantly in 2020 (+14% from 2019 levels) due to the impact of the coronavirus and while growth fell off sharply in 2021, it continued. In 2022, sales will be challenged by shifts in consumer behavior in light of rising prices, continued trends in out-of-stock products, and increased dining outside the home.

Packaged Facts Analyst Comments on Home Chef Hitting the $1B Mark as the Meal Kit Industry Continues to Benefit from Pandemic Eating Trends

October 27, 2021 Packaged Facts

The U.S. food and beverage industry has been impacted heavily by COVID-19 as consumers continue to spend more time at home. In 2020, more consumers than ever before were deciding to order meal kits and other food and beverage items online to avoid grocery shopping in crowded stores, where they might be exposed to the COVID-19 virus.

The Future of Grocery: Online Grocery, Meal Kits, & Direct-to-Consumer Food

July 23, 2021 Packaged Facts

The U.S. food and beverage industry has been impacted heavily by COVID-19. In 2020, more consumers than ever before were deciding to order food and beverage items online to avoid grocery shopping in crowded stores, where they might be exposed to the COVID-19 virus.

Chocolate Market Surges Past $27B Amid Pandemic Trends of Snacking, Baking, and Extending Seasonal Celebrations

June 1, 2021 Packaged Facts

2020 turned out to be a banner year for the market, with sales growth of 12% pushing chocolate sales to $27 billion, as reported by Packaged Facts

Chocolate Market Surges Past $27B Amid Pandemic Trends of Snacking, Baking, and Extending Seasonal Celebrations

May 7, 2021 The Freedonia Group

COVID-19 impacts on the U.S. chocolate industry were affected by trends for both health and indulgence, with many consumers turning to comfort foods and extended seasonal and holiday celebrations to cope with the disappointments of the pandemic