The Grocery Industry Confronts a New Problem: Only 10% of Americans Love Cooking

by | Jan 6, 2020 | Uncategorized | 0 comments

All Premium Themes And WEBSITE Utilities Tools You Ever Need! Greatest 100% Free Bonuses With Any Purchase.

Greatest CYBER MONDAY SALES with Bonuses are offered to following date: Get Started For Free!
Purchase Any Product Today! Premium Bonuses More Than $10,997 Will Be Emailed To You To Keep Even Just For Trying It Out.
Click Here To See Greatest Bonuses

and Try Out Any Today!

Here’s the deal.. if you buy any product(s) Linked from this sitewww.Knowledge-Easy.com including Clickbank products, as long as not Google’s product ads, I am gonna Send ALL to you absolutely FREE!. That’s right, you WILL OWN ALL THE PRODUCTS, for Now, just follow these instructions:

1. Order the product(s) you want by click here and select the Top Product, Top Skill you like on this site ..

2. Automatically send you bonuses or simply send me your receipt to consultingadvantages@yahoo.com Or just Enter name and your email in the form at the Bonus Details.

3. I will validate your purchases. AND Send Themes, ALL 50 Greatests Plus The Ultimate Marketing Weapon & “WEBMASTER’S SURVIVAL KIT” to you include ALL Others are YOURS to keep even you return your purchase. No Questions Asked! High Classic Guaranteed for you! Download All Items At One Place.

That’s it !

*Also Unconditionally, NO RISK WHAT SO EVER with Any Product you buy this website,

60 Days Money Back Guarantee,

IF NOT HAPPY FOR ANY REASON, FUL REFUND, No Questions Asked!

Download Instantly in Hands Top Rated today!

Remember, you really have nothing to lose if the item you purchased is not right for you! Keep All The Bonuses.

Super Premium Bonuses Are Limited Time Only!

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

Get Paid To Use Facebook, Twitter and YouTube
Online Social Media Jobs Pay $25 - $50/Hour.
No Experience Required. Work At Home, $316/day!
View 1000s of companies hiring writers now!

Order Now!

MOST POPULAR

*****
Customer Support Chat Job: $25/hr
Chat On Twitter Job - $25/hr
Get Paid to chat with customers on
a business’s Twitter account.

Try Free Now!

Get Paid To Review Apps On Phone
Want to get paid $810 per week online?
Get Paid To Review Perfect Apps Weekly.

Order Now
!
Look For REAL Online Job?
Get Paid To Write Articles $200/day
View 1000s of companies hiring writers now!

Try-Out Free Now!

How To Develop Your Skill For Great Success And Happiness Including Become CPA? | Additional special tips From Admin

Competence Advancement might be the number 1 fundamental and principal matter of acquiring valid achievements in almost all procedures as anyone found in this contemporary society plus in Throughout the world. Which means happy to talk over together with you in the subsequent pertaining to what exactly effective Expertise Advancement is; the best way or what solutions we work to obtain hopes and dreams and in the end one is going to give good results with what individual loves to achieve every time of day to get a entire your life. Is it so good if you are confident enough to produce resourcefully and acquire achievements in what exactly you believed, steered for, encouraged and worked well really hard just about every working day and obviously you grow to be a CPA, Attorney, an holder of a good sized manufacturer or possibly even a medical doctor who might seriously play a role amazing assistance and values to other people, who many, any world and neighborhood surely admired and respected. I can's imagine I can aid others to be top notch expert level exactly who will play a role essential systems and relief valuations to society and communities in these days. How delighted are you if you grown to be one similar to so with your personal name on the headline? I have got there at SUCCESS and get over all of the the hard parts which is passing the CPA exams to be CPA. Furthermore, we will also handle what are the downfalls, or many other issues that could be on ones own technique and the way I have privately experienced all of them and is going to show you the best way to defeat them. | From Admin and Read More at Cont'.

The Grocery Industry Confronts a New Problem: Only 10% of Americans Love Cooking

The food and grocery industry feels threatened by Amazon’s acquisition of Whole Foods, but it faces a bigger but quieter threat: the long-term decline of people’s interest in cooking. Instead of ignoring this behavioral shift, food companies should become more proactive by exiting categories that have no future, focusing on super-premium products, and using technological innovation to get people excited about their product again.

The supermarket and grocery business is likely to suffer strong headwinds in the future, due to long-term shifts in consumer behavior. Although many people don’t realize it yet, grocery shopping and cooking are in a long-term decline. They are shifting from a mass category, based on a daily activity, to a niche activity that a few people do only some of the time.

I’ve spent two decades consulting extensively for consumer packaged goods companies. Early in my career I gathered some data for a client on cooking. This research found that consumers fell into one of three groups: (1) people who love to cook, and cook often, (2) people who hate to cook, and avoid that activity by heating up convenience food or outsourcing their meals (by ordering out or dining in restaurants), and, finally, (3) people who like to cook sometimes, and do a mix of cooking and outsourcing, depending on the situation. At the time, the sizes of the three respective groups were about 15% who love to cook, 50% who hate to cook, and 35% who are so-so on the idea.

Nearly 15 years later I did a similar study for a different client. This time, the numbers had shifted: Only 10% of consumers now love to cook, while 45% hate it and 45% are lukewarm about it. That means that the percentage of Americans who really love to cook has dropped by about one-third in a fairly short period of time.

Beyond the numbers, it also suggests that our fondness for Food TV has inspired us to watch more Food TV, and to want to eat more, but hasn’t increased our desire to cook. In part, Food TV has raised our standards to discouragingly high levels: How many of us really feel confident in our cooking skills after watching Iron Chef? (My high school chemistry teacher quit the cello in college after playing a semester next to Yo-Yo Ma.) This may be one reason why consumers now spend more on food in restaurants than on groceries. Despite all the buzz about the growth of pre-prepped meal kits like Blue Apron, or the promise of Whole Foods under Amazon’s management, cooking itself is on a long, slow, steady decline. The top 25 food and beverage companies have lost $18 billion in market share since 2009. Grocers are watching customers make fewer trips to stores, and many chains are in a prolonged price war, with prices declining 1.3% last year.

I’ve come to think of cooking as being similar to sewing. As recently as the early 20th century, many people sewed their own clothing. Today the vast majority of Americans buy clothing made by someone else; the tiny minority who still buy fabric and raw materials do it mainly as a hobby. If that’s the kind of shift coming to the food industry, change leaders and corporate strategists will have their hands full.

The risk to traditional grocers and Big Food is not just market share declines but category obsolescence. To prevent that, the industry needs to stop putting Band-Aids on a major bleed-out, and instead make a decision to amputate through ruthless portfolio strategy. Food manufacturers need to identify categories that are long-term losers, and exit by selling them while they can. Find and exit the categories whose fun-to-chore ratio is weakening, and where a food service proxy has gotten much better at a greater value. Even categories that can hardly be considered “cooking” — such as cold, ready-to-eat cereal — are losing sales as people buy breakfast at Dunkin’ Donuts, Starbucks, or even Taco Bell, where breakfast now accounts for 7% of sales. As more people opt to buy prepared meals, grocers need to reallocate shelf space, and manufacturers will need to exit entire categories.

Another way to survive is to raise the price dramatically by going super-premium or by becoming very focused in local markets. Consider Spam, whose revenues are still growing, even though only 13% of households buy it today. Spam is owned by Hormel, which has outperformed nearly every big food stock, due to a massive portfolio renovation — mostly by moving upscale. It’s acquired Wholly Guacamole, Skippy peanut butter, Muscle Milk, Applegate Farms, and Justin’s nut butters and confection.

A final adaptation should be done through technological innovation, which is how Big Food really got its start. (Frozen food and canning were gigantic industry breakthroughs.) One promising innovation is MATS technology, or microwave assisted thermal sterilization, created at Washington State University. This FDA-approved technology creates multiple benefits. First, it sterilizes food with minimal heat, pressure, and time so that the texture and taste of the food remains restaurant-quality. Second, thanks to the minimal degradation of quality, there is a super-clean label (meaning the product will have few chemical-sounding, unpronounceable ingredients) and an incentive to add high-quality ingredients. Third, the food remains packaged at room temperature, and remains safe to eat for months on end.

That last benefit might be a tough sell to consumers, but it represents a profound breakthrough in shelf life that could have a massive impact on inventory management, distribution, and broader supply chain benefits. (Amazon is intrigued by MATS technology, which in time could have a far bigger impact on the industry than the Whole Foods deal.) Reducing spoilage could reduce food waste. It could also address global hunger: Nearly 1 billion people around the world suffer from food insecurity.

I love the grocery and food business. But the industry must stop trying to live in the past, when most households cooked most meals from scratch.

My advice to grocery leaders is simple: Rediscover your pioneering spirit and missionary DNA. Embrace new science and technology. Rebuild your portfolio, adapt, and advocate for the future. Change the world, just as you did before.

Eddie Yoon is the founder of Eddie Would Grow, a think tank and advisory firm on growth strategy and a director at The Cambridge Group. His book, Superconsumers, was published by HBR Press in December 2016. Follow him on Twitter @eddiewouldgrow.

The Grocery Industry Confronts a New Problem: Only 10% of Americans Love Cooking

Research & References of The Grocery Industry Confronts a New Problem: Only 10% of Americans Love Cooking|A&C Accounting And Tax Services
Source

Send your purchase information or ask a question here!

8 + 12 =

Welcome To Knowledge-Easy Management Sound Tips and Thank You Very Much! Have a great day!

From Admin and Read More here. A note for you if you pursue CPA licence, KEEP PRACTICE with the MANY WONDER HELPS I showed you. Make sure to check your works after solving simulations. If a Cashflow statement or your consolidation statement is balanced, you know you pass right after sitting for the exams. I hope my information are great and helpful. Implement them. They worked for me. Hey.... turn gray hair to black also guys. Do not forget HEALTH? Competency Development is without a doubt the number 1 necessary and most important aspect of obtaining a fact financial success in just about all vocations as anyone came across in your contemporary society and additionally in Around the world. Consequently fortunate to focus on together with you in the subsequent in regard to everything that powerful Skill level Improvement is;. precisely how or what means we get the job done to attain dreams and in due course one will probably give good results with what anybody loves to undertake every working day for the purpose and meaningful of a 100 % lifestyle. Is it so amazing if you are capable to produce quickly and locate success in precisely what you thought, directed for, regimented and labored very hard every last daytime and clearly you grown to be a CPA, Attorney, an owner of a massive manufacturer or possibly even a medical professionsal who can remarkably add wonderful guide and principles to other people, who many, any society and network unquestionably adored and respected. I can's think I can benefit others to be top rated competent level who seem to will play a role sizeable remedies and elimination values to society and communities at this time. How pleased are you if you become one like so with your personal name on the headline? I get arrived on the scene at SUCCESS and overcome many the very difficult components which is passing the CPA examinations to be CPA. Besides, we will also cover what are the downfalls, or various concerns that could be on ones own technique and the best way I have professionally experienced them and is going to clearly show you ways to rise above them.

0 Comments

Submit a Comment

Business Best Sellers

 

Get Paid To Use Facebook, Twitter and YouTube
Online Social Media Jobs Pay $25 - $50/Hour.
No Experience Required. Work At Home, $316/day!
View 1000s of companies hiring writers now!
Order Now!

 

MOST POPULAR

*****

Customer Support Chat Job: $25/hr
Chat On Twitter Job - $25/hr
Get Paid to chat with customers on
a business’s Twitter account.
Try Free Now!

 

Get Paid To Review Apps On Phone
Want to get paid $810 per week online?
Get Paid To Review Perfect Apps Weekly.
Order Now!

Look For REAL Online Job?
Get Paid To Write Articles $200/day
View 1000s of companies hiring writers now!
Try-Out Free Now!

 

 
error: Content is protected !!