Success does leave clues and convenience stores ability to expand menu / meal options with salty foods that are ‘better-for-you’ is a key driver driving top-line sales and bottom-line profits according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.
According to market research firm Packaged Facts, U.S. demand for salty snacks at the manufacturer level is forecast to grow 3% annually from 2017 to 2022. The simple fact is consumers like salty snacks and consider them great additions to a meal particularly when they have the ‘halo’ of ‘better-for-you’ around them.
Cara Brosius, research analyst of consumer and commercial goods, MarketResearch.com, said demand for salty snacks is growing because of the “snackification” of American diets. …“Most consumers snack multiple times each day, and a growing number are replacing entire meals with snacks or eating snacks with main meals,”
Johnson stated that most Americans grew up visiting fast food outlets that offered bundled meals that included salty french fries. Johnson continued consumers like salt and salty foods, that is one of the reasons that 82.3% of all restaurant meals sold in the US are sold at fast food outlets.
Mix & match meal bundling are hallmarks driving growth within the grocerant niche within every sector of retail food sale’s according to Johnson.
Once again Johnson reiterated as regular readers know Gen Z and millennials are especially driving growth within the grocerant niche, as they have fast-paced, on-the-go lifestyles that demand portable and ready-to-eat foods and it is how they grew up eating.
In order to appeal to young consumers, it is important to edify your relationship with both Gen Z and Millennials so offering more snacks that provide health benefits, such as added protein and plant-based ingredients that are salty is a sure way to win.
Transparency is important, for example, Kettle Brand potato chips introduced a “Tater Tracker” feature on its website that allows consumers to input the product code on their bag of chips to track the farmer who sourced the potatoes used in that particular bag.
C-stores have the advantage in adding more CPG options from the ‘better-for-you’ category over chain restaurants elevating consumer choice within mix & match meal component bunding options. Products that are sustainable, local, bold in flavor that reflect the neighborhood around you store are key to garnering incremental customers according to Johnson.
Invite Foodservice Solutions® to complete a Grocerant Program Assessment, Grocerant ScoreCard, or for product positioning or placement assistance, or call our Grocerant Guru®. Since 1991 www.FoodserviceSolutions.us of Tacoma, WA has been the global leader in the Grocerant niche. Contact: Steve@FoodserviceSolutions.us or 253-759-7869