Industry News

According to Snack Expo, eight in 10 Americans feel like there aren’t enough hours in the day, with the average consumer having just 52 minutes a day to prepare and enjoy their meals, and one-third left with less than 30 minutes a day. Frito-Lay and Quaker’s latest Snack Index predicts that this time crunch trend will blur the line between “meals” and “snacks” in 2024.

A new report shows that over the past year, retail sales of frozen foods have grown by 7.9%, reaching $74.2 billion, with growth exceeding $10 billion over the past three years.

Organic Food Exhibition learned that whole Foods Market’s Trends Council has unveiled their top 10 anticipated food trends for 2024 in the retailer’s ninth-annual trends predictions report.

According to Organic Food Exhibition, growth has slowed for retail organic produce sales over the last couple of years, prompting retailers to prepare for flat or slightly reduced demand for 2024.

The frozen food market in the United States has experienced significant growth and innovation in recent years, driven by changing consumer preferences, technological advancements, and a shift towards convenience and health-conscious eating.

If you’re a food ingredient purchaser, staying ahead of the curve is essential to meet the ever-evolving tastes and preferences of consumers. According to Snack Expo, one industry that consistently undergoes transformation is the candy sector.