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Cara Rasch, an analyst with the market analysis firm Packaged Details, stated oat milk’s gentle and nice taste—which blends properly with espresso—is one motive for its success. Rasch stated many customers additionally see it as a more healthy various to dairy milk.
Whether or not on account of monetary difficulties or strict lockdown orders throughout the nation, a couple of fourth of American customers stated they planted a meals backyard due to the pandemic, in line with a 2021 survey by market analysis outfit Packaged Details.
Between November and December final 12 months, 45% of respondents within the U.S. stated they’d ordered a meal package in some unspecified time in the future over the earlier 12 months, in line with nationwide on-line shopper survey by Packaged Details.
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Revamping your yard this 12 months might be a little bit extra expensive than in years previous because of an enormous growth in residence gardening throughout the pandemic. A survey performed by the Freedonia Group in August discovered that 26% of adults had taken up meals gardening throughout the pandemic.
Robert Granader, Founder and CEO of MarketResearch.com, explains why studying to inform your story has by no means been extra essential as we emerge from a 12 months of social distancing.
Matt Zielenski of the Cleveland, OH-based Freedonia Group, stated that the current acquisition of the previous Masco Cupboard Division by Los Angeles-based Platinum Fairness will allow The Cabinetworks Group’s new possession “to maximise the worth of those property and, mixed with its capital sources, have the ability to additional place the corporate for progress because the U.S. financial system rebounds from the worst results of the COVID-10 pandemic.”
In keeping with The Freedonia Group, recent produce packaging is forecast to extend 3.7% per 12 months to $6.7 billion in 2024. Gross sales good points might be pushed by rising demand for produce bought in some type of packaging — together with pouches, luggage and inflexible plastic containers — and extra intensive use of packaging that provides comfort, ease-of-use, superior efficiency and shelf life, and improved environmental footprint.
Greater than half (53%) of customers contemplate themselves primarily omnivorous, in line with a 2020 examine by Packaged Details, and 36% establish as flexitarian — consuming meat or poultry and usually including vegan or vegetarian meals.
Chocolate gross sales grew by 12 p.c to $27 billion in 2020, in line with new analysis from Packaged Details.
For instance, within the U.S., the share of pet-owning households elevated by 4.4% in 2020, in line with information from Packaged Details, reaching 56.4% of households. That was after at the least two years of flat possession of about 54%.
Stable Gold cited a 2020 survey by Packaged Details, which confirmed 23% of canine homeowners and 24% of cat homeowners are “particularly involved” about their pets’ anxiousness and stress, and one other 20% of canine homeowners and 21% of cat homeowners considered their pets’ immune system well being as a high precedence.
U.S. rail freight revenues are forecast to advance 4.7% per 12 months in nominal phrases by 2025, in line with “Freight by Rail: United States,” an trade examine from market analysis agency Freedonia Focus Studies.
World demand for off-road tools – together with development, agricultural, mining, and forestry equipment – is forecast to rise 5.4% to US$439 billion (€364.64bn) in 2021, in line with a brand new report by main enterprise market intelligence consultancy the Freedonia Group.
Retail cookie gross sales are anticipated to achieve almost $13 billion by 2024, in line with Packaged Details “US Meals Market Outlook 2020” report.
A brand new Freedonia Group evaluation initiatives retail-ready containers to be one of many quickest rising packaging varieties used within the recent produce trade by 2024, with the strongest will increase anticipated within the $3.5 billion recent vegetable and salad packaging market.