The ability for food retailers to continue to drive top-line sales and bottom-line profits within the grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared food spaces appears to be endless according to Steven Johnson, Grocerant Guru® at Tacoma, WA Based Foodservice Solutions®.
Recently, Grand View Research found the chilled and deli foods market is likely to reach $267.7 billion by 2025 exhibiting a CAGR of 5.2% during the forecast period. Mirroring insights from our own Grocerant Guru® as regular readers know Grand View found “The popularity of these products is largely associated with their ease of preparation, storage and availability in retail outlets, which is expected to influence the global consumption patterns over the forecast years.”
Once again grocerant niche fresh better for you food found to be in increased demand this time by Facility management company Vixxo who found that 32% of convenience store customers want to see healthier options, and more than 60% said they would favor convenience stores that offered more fruits and vegetables and would more frequently visit stores that offered healthy sandwiches and salads.
Restaurants, grocery stores just might consider following th customer and building a grocerant convenient meal platform/outlet at that might be a smart business move. U.S. convenience stores experienced the 16th straight year of record in-store sales in 2018, according to newly released National Association of Convenience Stores State of the Industry data including top line sales up 8.9% in 2019.
Consumers today love streaming video on their 65 INCH HDTV as the team at Foodservice Solutions® was first to report back in the day. Yes, our Grocerant Guru® was once again first and spot on with when he identified, quantified, and qualified The 65 Inch HDTV Syndrome.
Foodservice Solutions® team is here to help you drive top line sales and bottom-line profits. Are you looking a customer ahead? Ready for a new Platform? Visit www.FoodserviceSolutions.us for more information or contact: Steve@FoodserviceSolutions.us Remember success does leave clues and we just may the clue you need to propel your continued success.