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Food Marketing Institute

Lifestyle
Frozen Food Is A Hot Seller Once Again, Experts Say Frozen Food Is A Hot Seller Once Again, Experts Say
Frozen Food Is A Hot Seller Once Again, Experts Say Frozen food sales are making a comeback around the country, according to a new report from the American Frozen Food Institute (AFFI) and Food Marketing Institute (FMI) on Supermarket News. This rebound can be attributed to what the study describes as “increased purchases by the category’s core shoppers.” “In 2018, frozen food growth was driven by more dollars and trips, but household engagement was largely unchanged. These are the core frozen food shoppers: buying more and visiting the aisle more often,” AFFI and FMI said in the study’s announcement. “Core shoppers are older Millennials, ju…

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by Valerie Musson
Business
Most Will Buy Groceries Online By 2024, Report Says Most Will Buy Groceries Online By 2024, Report Says
Most Will Buy Groceries Online By 2024, Report Says Grocery lists, frozen food aisles and produce sections may soon be a thing of the past, according to a new report, which states that consumers are continuing a nationwide trend of going digital to purchase groceries. Food Marketing Institute is reporting that as many as 70 percent of consumers will be buying their groceries online as soon as 2024, with Americans spending as much as $100 billion - $850 per household - annually purchasing food over the Internet. Last year, FMI predicted that digital food retailing would reach saturation in the next decade, but “2017 was a year of disruption.”…

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by Zak Failla