Dublin, Dec. 02, 2024 (GLOBE NEWSWIRE) — The “Staple Foods in the US” report has been added to ResearchAndMarkets.com’s offering.
The Staple Foods in USA report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere.
2024 has presented a challenging year for consumers and players alike in staples in the US. While economic uncertainty and conservative spending, coupled with lifestyle changes and slowing prices, are set to contribute to retail volume recovery in a few key categories, overall retail volume sales of staples in the US are expected to be flat. On the one hand, statis represents an improvement compared with the previous three years of retail volume decline.
In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.
Product coverage: Baked Goods, Breakfast Cereals, Processed Fruit and Vegetables, Processed Meat, Seafood and Alternatives to Meat, Rice, Pasta and Noodles.
Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Staple Foods market
- Pinpoint growth sectors and identify factors driving change
- Understand the competitive environment, the market’s major players and leading brands
- Use five-year forecasts to assess how the market is predicted to develop.
Key Topics Covered:
EXECUTIVE SUMMARY
- Staple foods in 2024: The big picture
- Key trends in 2024
- Competitive landscape
- Channel developments
- What next for staple foods?
MARKET DATA
- Table 1 Sales of Staple Foods by Category: Volume 2019-2024
- Table 2 Sales of Staple Foods by Category: Value 2019-2024
- Table 3 Sales of Staple Foods by Category: % Volume Growth 2019-2024
- Table 4 Sales of Staple Foods by Category: % Value Growth 2019-2024
- Table 5 NBO Company Shares of Staple Foods: % Value 2020-2024
- Table 6 LBN Brand Shares of Staple Foods: % Value 2021-2024
- Table 7 Penetration of Private Label by Category: % Value 2019-2024
- Table 8 Distribution of Staple Foods by Format: % Value 2019-2024
- Table 9 Forecast Sales of Staple Foods by Category: Volume 2024-2029
- Table 10 Forecast Sales of Staple Foods by Category: Value 2024-2029
- Table 11 Forecast Sales of Staple Foods by Category: % Volume Growth 2024-2029
- Table 12 Forecast Sales of Staple Foods by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
- Summary 1 Research Sources
BAKED GOODS IN THE US
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Values are up, yet volumes decline in 2024
- Trends towards functionality and sustainability in baked goods
- Competitive landscape becomes more polarised
PROSPECTS AND OPPORTUNITIES
- Food insecurity to play into baked goods
- Value-seeking behaviour to continue amongst consumers
- GLP-1 drugs might impact baked goods
BREAKFAST CEREALS IN THE US
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Volatile pricing and lifestyle shifts bring a continued volume downturn for breakfast cereals
- Children’s breakfast cereals leans on nostalgia in the struggle for demand
- Functional health claims evolve as consumers remain distrustful of ambiguity
PROSPECTS AND OPPORTUNITIES
- Fluctuating lifestyles to maintain pressure on volume sales
- Private label and creative branding to play a key role in re-engaging consumers
- Opportunities in wellness trends and functional claims for branded products
PROCESSED MEAT, SEAFOOD AND ALTERNATIVES TO MEAT IN THE US
KEY DATA FINDINGS
2024 DEVELOPMENTS
- To increase volumes, unit prices decline for the first time in years
- Meat and seafood substitutes struggles to regain momentum
- Company shares and rankings remain stable
PROSPECTS AND OPPORTUNITIES
- Unit price adjustments in an uncertain future
- Legislation likely to increase production costs
- Increasing maturity for meat and seafood alternatives
PROCESSED FRUIT AND VEGETABLES IN THE US
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Volatile supply chains bring a mixed performance
- Volume rebound for frozen fruit as consumers seek nutritional sweet treats
- Foodservice growth slows as consumers return to at-home experiences
PROSPECTS AND OPPORTUNITIES
- Production challenges to remain a consistent threat to prices
- Volume recovery to face mixed benefits amidst socioeconomic instability
- Areas of opportunity for private label, and for convenient products
RICE, PASTA AND NOODLES IN THE US
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Instant noodles sees growth despite strong price rises
- Rice reeled from the impact of strong price growth, but a rebound is seen in 2024
- Growth in pasta cooled by chilled products
PROSPECTS AND OPPORTUNITIES
- Tense economy to drive demand for higher quality at affordable prices
- Novelty to make way for “normal”, as brands customise flavours for broader appeal
- Ingredients to remain a key opportunity for growth for niche premium brands
For more information about this report visit https://www.researchandmarkets.com/r/m28t6m
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900