USA

While strong foodservice growth continues to fuel starchy roots, retail volumes are fluctuating. Notably, potatoes continues to see declining retail demand, signifying a longer road to recovery than previously hoped for. Disruptions to the harvesting…

Retail volumes continue to marginally fall in 2023, as competition from processed foods threatens demand for pulses in the US. Evolving lifestyles and inconsistent daily routines continue to make it increasingly unappealing for consumers to take…

Supply chain disruptions and heightened inflationary pressure continue to present challenges across all packaged food and fresh food categories. Food markets face a particular test with elevated inflation, even as the pandemic’s effects on markets…

With local consumers increasingly concerned about tense economic conditions in 2023, shopping preferences have continued to shift in favour of cost convenience. This has been particularly evident through the ongoing resilience of foodservice volumes,…

While industries continue to recover from pandemic-related disruptions, fresh fruits continue to face other external challenges. Notably, increasingly volatile climate shifts are having an intensifying impact on harvest calendars. For key states such…

After a year of strong foodservice growth in 2022, fresh food is experiencing slowdowns in out-of-home consumption occasions. Over 2023, foodservice outlets have been recording slower growth in single digits, representative of decreased flexibility…

This briefing examines how the forestry, wood and paper industry is performing globally and in the largest countries in terms of forestry, wood and paper output. The report also provides data for production, market size, imports, exports, industry…

Despite deflationary trends across fish and seafood, volumes continues to decline in 2023, particularly in retail. This follows a difficult 2022, when some types of fish and seafood experienced double-digit declines in retail volume terms. As…

Avian influenza outbreaks throughout 2022 contributed to rising input costs across the supply chain, resulting in strong double-digit unit price increases for eggs. Between infection-related deaths and intentional culling of flocks to limit further…

This analysis explores the trends in the business services industry, assessing its performance in major global economies. It covers essential data such as production metrics, market size, import and export figures, industry expenses, profitability…

As in so many cases, perhaps the biggest story for store cards in the US in 2023 has been the twin forces of high inflation and high interest rates. While inflation has crept down over the course of 2023 in the US, the price increases that have…

2023 is likely to go down as the first generally “normal” year of the 2020s. While 2022 saw most companies return to at least some form of hybrid working, the emergence of the Omicron variant early in the year had a significant effect on the overall…

The biggest news of 2023 has been administrative, with the Federal Reserve fighting inflation and the threat of recession. With inflation well above recent norms in 2022, the Fed spent roughly 18 months in a constant dance of deciding whether to…

Fraud has hit debit cards hard in the US in recent years. Significant increases in card not present fraud have been recorded in the market in 2023, and are a legitimate concern for those in the financial industry. A significant threat to card usage…

Credit cards in the US is set to continue to see robust growth by all measures in 2023. While inflation in the country has generally been at lower levels than in the extreme outlier year of 2022, prices have still grown considerably, and some US…

Charge cards as a whole has been performing well in 2023, and it is expected to continue to grow beyond pandemic lows. Consumer spending in 2023 has driven payments across all card types, with the return to travel remaining an important storyline – a…

Recycling and reducing food waste is well-established in the USA, creating a strong opportunity for Zero Waste product development, while implementing the Can Be Recycled claim would be welcomed by locals. There is a solid opportunity for industries…

Tea is not the only beverage facing supply chain challenges. However, when compared with some other beverages in the US, tea is relatively better off, as it has not been affected by harvest issues, like coffee, nor is it heavily reliant on aluminium…

Malt-based hot drinks experienced a surge in retail volume sales in 2020 due to COVID-19, but quickly returned to the pre-pandemic level of sales. Unfortunately, decline is expected to continue in 2023. On the other hand, chocolate-based flavoured…

The COVID-19 pandemic has largely ended, but there has been little respite, either for the hot drinks industry specifically, or for the US as a whole, with inflation quickly replacing COVID-19 as the top concern of both companies and consumers. The…