If there is one clear takeaway message from the time spanning from December 2019 until today, it’s that there isn’t a clear replacement for in-person connections. While we have proven that we’re adept at adapting when necessary, a Zoom call lacks the nuances and potential insights we can get from in-person meetings.
The buns and rolls segment of fresh bread accounts for over $6.0 billion in annual retail sales, per IRI, Chicago. This sandwich-heavy segment comprises hamburger and hot dog buns, but also other sandwich buns, dinner rolls, and traditional croissants.
Consumers still have a sweet tooth for desserts. In fact, 53% of consumers said that they had dessert within the past day based on a recent survey from Datassentials. Even as we emerge from the pandemic, desserts are still very relevant as consumers look to indulge a sweet craving, with a treat that can offer familiarity, comfort, or nostalgia.
During the COVID-19 pandemic, consumers have been staying home more often, and searching for familiar snacks. Cookies fill that void, and brands have taken note of what is trending.
The bakery snacks category overall experienced an increase in sales in 2021, the possible reason for that being that consumers are now returning to the office and want on-the-go snacks to keep them company at their desks.
The tortilla category largely flatlined during the past year, with some variation by type or brand of shell, as the world began to reopen after the worst of the pandemic and fewer consumers worked at home.
State of the Industry Overview for bakery, including a look at baking industry challenges like the supply chain, workforce development, impact from the war in Europe, and the pandemic.
Even though we are now nearing the end of the COVID-19 pandemic, consumers have become comfortable with snacking more at home, including snacking on tortilla chips. This trend will continue through 2021, but consumers are also searching for better-for-you and plant-based tortilla chip options.