The Freedonia Group

Price Growth, Higher Value Products to Drive Slight Gains in US Yogurt Sales

January 3, 2022 The Freedonia Group

US retail sales of refrigerated yogurt are forecast to see minimal annual growth in nominal terms through 2025, according to Yogurt: United States, a report recently released by Freedonia Focus Reports. In volume terms, refrigerated yogurt retail sales are projected to fall 1.2% annually during the forecast period. However, retail value sales will benefit from rising prices as consumers increasingly prefer specialty yogurts as well as those made for more specific dietary needs. …

US Soup Sales to Drop as Consumers Eschew Canned Foods for Fresher Options

August 20, 2021 The Freedonia Group

US demand for soups and stews is projected to decline at an average annual rate of 2.3% in nominal terms through 2025, according to Soups & Stews: United States, a report recently released by Freedonia Focus Reports. The COVID-19 pandemic bolstered sales of soups and stews in 2020, particularly canned, as consumers ate out less and stocked up on shelf-stable foods. …

Decline in US Dairy Product Shipments Unlikely to be Offset by Growth in Substitute Products

July 26, 2021 The Freedonia Group

US shipments of dairy and substitute products are forecast to see marginal annual declines in nominal terms through 2025, according to Dairy & Substitute Products: United States, a report recently released by Freedonia Focus Reports. …

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 …

COVID-19 Is Reshaping the $ 4 Trillion Global Foodservice Industry

June 10, 2020 The Freedonia Group

COVID-19 is reshaping the nearly $ 4 trillion global foodservice industry, with a number of permanent effects expected. Not only is the pandemic accelerating growth of existing trends like online food delivery and curbside pickup, it is giving rise to new ones, such as expanded sanitation protocols and social-distancing dining. …