MarketResearch.com’s trusted analysis manufacturers The Freedonia Group, Freedonia Focus Studies, Packaged Details, and Simba Data have been lately cited by many alternative media shops together with Forbes, Bloomberg, Nasdaq, and quite a lot of commerce publications.
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Forbes: In Battle for the Barbecue, Grill Makers Weber, Traeger, BBQGuys and Solo Range Plan IPOs
The Freedonia Group predicts the outside dwelling market will develop from $29.3 billion 2019 to $33.4 billion this 12 months, together with spending on crops, landscaping and gardening gear, outside furnishings and outside cooking and heating merchandise.
Bloomberg: Gluten-Free Is Mainstream Now. Simply Have a look at Siete’s $1 Billion Ambition
The truth is, “gluten-free” has gone so mainstream because of its inclusion within the wholesome dwelling motion that just about 1 / 4 of People who bake continuously purchased gluten-free bread or muffin combine final 12 months, in line with researcher Freedonia Group.
Nasdaq: 3 Scorching Tech Shares to Purchase in a Market Crash
Extra buyer progress ought to be within the playing cards for Chewy too, because the share of e-commerce within the U.S. pet merchandise market is anticipated to extend from 27% in 2020 to 34% in 2024, in line with Packaged Details.
Forbes: CPG Manufacturers Are Trying to Related Packaging to Join with Customers
A survey by market analysis agency Packaged Details discovered that Amazon accounted for 55% of on-line pet product visitors within the first quarter of 2018, adopted by Chewy at 26%, PetSmart at 19%, Petco at 17%, and Walmart/Sam’s Membership at 14%.
Builder: 8 Out of doors Dwelling Options Householders Crave in 2021
A brand new Freedonia Group evaluation finds that demand for outside dwelling merchandise surged greater than 8% in 2020.
Chain Retailer Age: Retailer-Solely Credit score Playing cards in Comeback—however Retailers Go to New Fee Preferences
Transactions and greenback quantity for private-label (store-only) bank cards dropped sharply with the onset of COVID-19, however skilled restoration within the second half of 2020, with receivables estimated at $142 billion for that 12 months, in line with Packaged Details’ Personal Label Credit score Playing cards within the U.S.
Progressive Grocer: New Authorities Jobs Report Confirms Decline in Grocery Employment
One other report launched by The Freedonia Group in late Could affirms that meals and beverage gross sales at retail are holding sturdy to this point, even at a time of rising meals costs and contemporary competitors from eating places.
Data Immediately: Simba Data Research Traits in Scientific and Technical Publishing
Simba Data launched “World Scientific & Technical Publishing 2021-2025,” a report displaying that the scientific and technical publishing market has posted underlying progress.
Retailer Manufacturers: 3-Half Technique Stepping into Retailer Model Pet Meals
U.S. pet meals business is almost a $30 billion business, in line with Packaged Details and its 2020 pet meals report, projected to extend by greater than 5% annually for the following 4 years.
Merchandising Machine Watch: Rising Incomes to Enhance U.S. Beverage Gross sales By 2025, Report Predicts
The U.S. beverage demand is forecast to extend 2.9% yearly in nominal phrases by 2025, in line with Drinks: United States, a report lately launched by Freedonia Focus Studies.
Meals Dive: Nestlé Invests $100M to Develop Operations at Frozen Meals Manufacturing facility in SC
A few of the hottest frozen meals gadgets through the pandemic included pizza (37%), greens (37%), entrees (27%) and poultry (26%), in line with analysis from The Freedonia Group, that are all core choices for Nestlé’s frozen meals portfolio.
Pet Enterprise: How Pet Shops Can Enhance Their Meals Gross sales
Packaged details forecasts U.S. retail gross sales of pure pet meals by all channels to surpass $12.2 billion by 2022, accounting for a couple of third of the $36 billion market of U.S. pet meals and deal with gross sales.
Veg Information: Tesco’s Vegan Model Depraved Kitchen Raises $14 Million. Now It is Leaping the Pond from UK to US Shops.
Based on a ballot performed final 12 months by Packaged Details, practically one in 4 (23 p.c) of People has consumed plant-based meat.
Building World: US Building Expenditure to Develop Round 5% in 2021
Though US building spending dipped barely in Could, expenditures are projected to rise 4.8% this 12 months in line with Freedonia Focus Studies analysis.
Sweet Business: State of the Sweet Business 2021
“COVID-19 impacts on the U.S. chocolate business have been affected by developments for each well being and indulgence, with many customers turning to consolation meals and prolonged seasonal and vacation celebrations to deal with the disappointments of the pandemic. 2020 turned out to be a banner 12 months for the market, with gross sales progress of 12 p.c pushing chocolate gross sales to $27 billion,” Packaged Details stated.
Pet Product Information: 3 Pandemic-Fueled Pet Traits to Look ahead to the Lengthy Haul
In Packaged Details’ February 2021 Survey of Pet Homeowners, throughout all 4 pet business product and repair sectors, a better—and typically dramatically increased—proportion of pet house owners reported spending extra on their pets in 2020 versus much less, with 35 p.c growing spending and simply 7 p.c reducing spending.
