nielsen snacking report 2020

Mr. Clouse emphasized that the strategy now is to produce and distribute food safely and quickly. 12-May-2020 By Gill Hyslop. Nielsen: What will drive repeat purchase behavior of plant-based meat alternatives? Panic stocking renewed consumer interest in the center store aisles where they rediscovered the nostalgia and great taste of familiar snacks. 13-Sep-2017 By Elaine Watson. 22-Nov-2017 By Elizabeth Crawford. 03-Dec-2019 By Gill Hyslop. US retail sales of plant-based foods and beverages rose 8.1% to $3.1bn in the 52 weeks to August 12, according to Nielsen data compiled for the Plant Based Foods Association and The Good Food Institute. -- when 06-May-2021 By Elizabeth Crawford. Getting consumers to try trendy plant-based meat alternatives is a relatively low hurdle compared to encouraging long-term adoption of these products, which requires more convincing on the part of brands, says Nielsen, noting that the sector is "ripe 25-Jul-2019 By Mary Ellen Shoup. Ms. Lyons Wyatt predicted that snacking will see increased sales through the COVID-19 recovery and into the recession period. Weve seen incredibly strong demand for our snacks during this time, and snacks.com offers consumers another way to purchase the products they love, delivered right to their door, said Michael Lindsey, chief transformation and strategy officer, Frito-Lay North America. Taste, followed by treating oneself, is a top motivator for snacking, according to Mintel research. The top performers last year were tortilla chips, which grew 4.7%, other salted snacks, up 7%, and potato chips, up 2.4% in dollar sales. The desire for bold flavors is still trending, and bold can mean sour, not just hot, such as with Lays Kettle Cooked Flamin Hot Potato Chips and Blue Diamond Almonds Bold Spicy Dill Pickle, said Tom Vierhile, vice president, strategic insights, North America, Innova Market Insights. For others, they are rewards for kids or themselves for accomplishing a task.. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. This is the first time that all brands globally have been impacted at one time, said Kara Nielsen, director, WGSN Food & Drink, WGSN, an Ascential company.

The North American bakery and snacks industries are hiring more workers to keep up with demand as consumers stockpile comfort foods like bread and snacks to get them through the coronavirus outbreak. 09-Sep-2020 By Elizabeth Crawford. Thats because mass market stores, value stores and club stores should also see a continued boost in sales through COVID-19. Sally Lyons Wyatt, executive vice president and practice leader, client insights, for IRI said snack companies need to act now to capitalize on the potential growth in the category. To learn more about the organization, click here., Expanded flavor and accessibility highlight savory snack launches this season., We use cookies to provide you with a better experience. The first is price. As restaurant access remains limited and uncertainty persists, many consumers will continue eating at home. It's been a tough few years for the meat sector, said Meagan Nelson, associate director for fresh growth and strategy at Nielsen. shoppers buy the same brand of products such as coffee, soda and State of the snack industry surges forward, Baking & Snack names 2020 Operations Executive of the Year, Slideshow: In the evolving snack market, Wyandot perfects the art of adaptation, IBIE 2022 Webinar: State of the Industrial Baking Industry, Flowers Foods invests in BFY baked foods maker, Crumbl partners with Kellogg on new cookie, Bimbo QSR exec hails record digitization platform. Manufacturers and retailers need to ensure they have the right size and price for these consumers.. Subscribe, 09-Nov-2021 By Gill Hyslop. Subscribe The number of Americans buying groceries online nearly doubled in 2020 as they looked for ways to safely stock their pantries during the pandemic, and while some will return to in-store shopping when it is safe, a strong contingent say they will continue 09-Sep-2020 By Elizabeth Crawford. A return to pre-COVID snack trends is expected. Demand for sustainably produced food products is on the rise in the MEASA (Middle East, Africa and South Asia) region. PepsiCo is capitalising on the soaring demand for online snacks with the launch of two new sites. 30-Jan-2017 By Adi Menayang. That was pre-COVID-19. The term 'local' is important to consumers when making grocery purchases, but shoppers' definition of a local product is on a sliding scale (depending on the category) ranging from being produced within the same city to thousands of miles 26-Mar-2019 By Mary Ellen Shoup. The next critical factor, Ms. Lyons Wyatt said, is broad family appeal. Flexitarians -- a concept that generally refers to consumers who are eating a more plant-based diet but still eat meat -- are ushering in a new area of protein consumption that is helping lift instead of hinder meat sales, according to Nielsen research. But things may change in todays morphing landscape. A survey from 2019 showed that 75% of US respondents said they believe its important to always get the best price on a product, and one-third will prioritize price when it comes to what they consume over the next five years. 24-Sep-2018 By Mary Ellen Shoup. Ms. Lyons Wyatt identified three critical factors that snack producers must consider, just as they did more than a decade ago. And although core snack sales rose 3% in 2019 vs. 2018, Ms. Lyons Wyatt attributed most of that growth to price increases because volume sales were down 0.3% in 2019. Consumers are embracing grocery shopping online faster than originally anticipated, and both manufacturers and brick-and-mortar retailers are at risk of being caught flat-footed unless they quickly hire the staff and build the technology necessary to 30-Nov-2017 By Stephen Daniells. Crackers rose 12.3%, and snack nuts jumped 4%. Food and beverage products touting protein claims has become a big business driven by strong consumer interest, however two Nielsen surveys highlight knowledge gaps consumer still have about the nutrient. Salty snacks reported 9.4% growth in earnings with $21 billion in sales for the 52 weeks ending June 14, 2020, according to IRIs quarterly report of retail sales for the US snacking market. 06-Dec-2018 By Mary Ellen Shoup. For some, they are comfort foods that make them feel a bit better about their day, said Sally Lyons Wyatt, executive vice president and practice leader, client insights, IRI. Deliver wholesome products with sustainable ingredients. The final weeks of February and the entire month of March saw a dramatic swing in the market as consumers flocked to stores and stocked up on essentials. Frito-Lay North America has unveiled the results of its inaugural US Snack Index polling consumers on what snacks they plan to serve on Super Bowl Sunday. Here are a few up-and-comers looking to fill the void. According to Nielsen's "Total Store Bracket" ranking 16 20-Mar-2019 By Mary Ellen Shoup. Americans continually seek global and regional flavors driven by the multicultural nature of the United States, social media and exposure to foods from around the world in restaurants, food trucks and other venues, according to Packaged Facts. One of the biggest impacts of COVID-19 is a decreased focus on portability. For now, consumers are often looking for larger pack sizes to share among family members, said Simon Gunzburg, research analyst, Euromonitor International.While the current degree to which consumers are staying put is expected to be temporary, some aspects of this trend may remain as factors, like working from home becoming more commonplace.". Canadian private label consumers becoming older and wealthier, says Nielsen. However, value means different things for different people; its not just about cost. Post-COVID-19, those numbers point to a big opportunity. One of the best ways to predict the future is to look at the past. COVID-19 notwithstanding, flavor remains the leading driver for snack choice, even for healthier alternatives. Research from Nielsen supports this theory. 07-Sep-2018 By Mary Ellen Shoup. Analysts at Nielsen noticed a trend in grocery stores that may prove a great opportunity for retailers, suppliers, and brands alike: Consumers are counting on the perishable aisles for a packaged, personalized 'prescription' for a healthy lifestyle. 27-Feb-2019 By Mary Ellen Shoup. When surveyed by Mintel, 79% of consumers said flavor is more important than brand. 2 food item contributing to dollar growth at retailers since early March, according to IRI data. Indulgence is still a key driver in the salty snack market despite consumer preferences for healthier options. The results showed that potato chips saw a 4.5% bump in volume sales. The Pringles and Rice Krispies maker said it is redesigning its North American organizational structure and is exploring the sale of its cookie and fruit snacks businesses to focus on products with faster-growing sales. 28-Jan-2019 By Mary Ellen Shoup. 22-Sep-2021 By Gill Hyslop. Many who tried it, liked it and will continue to utilize these channels, said Guillermo Aponte, chief executive officer, Wise Foods Inc., Berwick, Pa. Snacks saw significant growth through e-commerce. IRI data shows that in 2019, 72% of survey respondents an increase of 4% over two years said they look at price before choosing a snack. 15-Jun-2017 By Elaine Watson. You can have a product priced right, but if it doesnt taste good, then the repeat purchase wont happen,, Ms. Lyons Wyatt warned. The $2.8 billion category had a compound annual sales growth of more than 7% over the past four years. Nielsen: How do sales of sustainable products stack up? On the average, US consumers are eating 2.6 snacks a day, with 42% reporting they consume more than three per day. As consumers continue to place a higher value on enjoyable shopping experiences, retailers will need to offer more than low prices to drive traffic in 2020, including enticing sights, sounds and smells in brick-and-mortar stores, seamless shopping across 03-Dec-2019 By Gill Hyslop. substantially momentum purchasing