Softening inflation pulls January meat dollars below year-ago levels Average price per pound across the meat department stands at $4.49 in January 2023. Anne-Marie Roerink February 16, 2023 No Comments
Independent Thoughts Technomic serves up foodservice trends to watch Research suggests consumers cool to plant-based proteins. Fred Wilkinson January 19, 2023 No Comments If you’re looking for a new approach to try out in your product offerings, Technomic’s recently published 2024 Menu Predictions Third Quarter report highlights the foodservice market research firm’s top 50 predicted fastest-growing ingredients.Read More
Another record year for the meat department Along with an increase in home-prepared meals came a drop in the share of households purchasing restaurant meals. Anne-Marie Roerink January 18, 2023 No Comments The average price per pound in the meat department across all cuts and kinds, both fixed and random weight, stood at $4.31 in December 2022.Read More
IRI report details consumers' response to inflationary pressures Food inflation rose 13.2% in November versus one year ago. Sammy Bredar January 2, 2023 No Comments IRI discusses its November inflation report and what the findings mean for consumers, as well as the meat and protein industries.Read More
IRI November inflation tracker reveals price increases are slowing, but still up 13% over last year Recent report offers new insights into food inflation and its impact on consumer shopping behavior. Industry News December 12, 2022 No Comments November food inflation increased at the slowest rate, +0.3% compared to October; center-store inflation moderated the most.Read More