Spending by Hispanic consumers for food at grocery and other food stores has grown more than 80% over the past decade, more than twice the growth rate registered by consumers on average. With the continuing dispersal of Latinos into areas not traditionally known for having substantial Hispanic populations, Hispanic food shoppers now represent a rapidly growing segment of the customer base of grocers throughout the country. While Hispanic food shoppers offer a rich opportunity for food marketer...
August 11, 2014An increasing number of U.S. businesses are concerned with managing their ecological footprint, and in recent years this dedication to going green has trickled down to the U.S. coffee market. In particular, to have a competitive foodservice coffee platform, being environmentally and socially responsible is increasingly important, according to Coffee and Ready-to-Drink Coffee in the U.S.: Retail and Foodservice, 8th Edition , a recent report by Packaged Facts. To illustrate this point, consider...
July 16, 2014The market for bottled water has a promising future. As consumers continue to reject carbonated soft drinks and embrace bottled water, many beverage industry analysts and marketers are convinced that the category will soon become the dominant non-alcoholic beverage. Health and wellness concerns, the fitness fad and the perennial struggle of many consumers with overweight and obesity have combined to make bottled water the zero-calorie/ultra-low calorie beverage of choice for growing millions of ...
May 20, 2014Our hat is off to coffee innovation, which continues to help a very mature market grow new usage occasions and higher price points. Threading this needle translates to continuing to push the variety envelope while leveraging hot coffee’s dominant position. In the end, it’s largely about raising the price of coffee-or at least getting more money per ounce. Across restaurant menus, flavors that have universal appeal, such as mocha, chocolate, vanilla, and caramel, have the strongest penetration....
May 14, 2014In recent years, the beverages industry has been transformed by the innovation of once routine thirst-appeasing liquids into exciting, energizing, sometimes better-for-you products. Consumers are looking for beverages that satisfy a number of needs in their daily lives beyond satiating thirst, and these include energy, weight loss, illness mitigation, nutrient replacement, sugar and caffeine cravings and protein intake. Beverages are taking cues from exotic flavors, fruits and even ancient foods...
April 8, 2014With coffee and tea getting so much attention among foodservice players, other stalwart beverage sales drivers such as juice may be getting overlooked. But Packaged Facts’ proprietary June 2013 consumer survey results published in Foodservice Breakfast Trends in the U.S., 2nd Edition suggest that foodservice juice purchases are alive and well, thank you: the last time foodservice breakfast users (who had gotten breakfast/breakfast snacks in the past 30 days) got breakfast or a breakfast snack fr...
November 8, 2013As a sign of the ever more competitive environment in the food industry, the supermarket and fast food industries are increasingly border crossing in search of sales growth. A recent example, as reported in the Wall Street Journal (October 30, 2013): McDonald’s teaming up with Kraft to test market McCafe packaged coffee in k-cups for retail grocery sales. This new partnership involves a “the competitor of my competitor is my friend” dynamic. A tough quickservice restaurant environment had ea...
November 1, 2013After getting its foothold in the office segment of the market, single-serve beverage brewing has experienced tremendous growth with widespread and continued adoption in the retail market. Research conducted by the National Coffee Association (NCA) in 2012 found that 36% of respondents who had a single-serve brewing system obtained it within the last six months, indicating just how fast this segment of the beverage market has been growing. As a result, the packaged coffee category at retail is...
October 3, 2013