State of the industry: Packaged foods

By November 2, 2017Food trends

Vegetables, quinoa and kale all were part of frozen food product introductions in 2017. So were marinara sauce and Korean-style beef.

“Bold and unique flavors, varieties inspired by world cuisines, cleaner labels and healthier nutrition profiles, and products that accommodate special dietary concerns will drive purchases,” said David Sprinkle, research director for Packaged Facts, Rockville, Md.

Packaged Facts projected U.S. sales of frozen foods from 2016-21 will lose 1.2% in sales annually over the next several years, dropping to $21 billion in 2021 from $22 billion in 2016. The report covered the four categories of frozen dinners/entrees, frozen pizzas, frozen side dishes and frozen appetizers/snacks.

Source: State of the industry: Packaged foods | Food Business News