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Optimism abounds for deli in 2024.

Authors :
Loria, Keith
Source :
Supermarket News Exclusive Insight; 3/21/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

The supermarket deli industry has had a mixed year, but there is optimism for improved sales and volume in 2024. While the deli category as a whole has been flat, there is rising interest in low-salt, plant-based, and vegetarian options. The entertaining segment, including trays, dips, and spreads, has seen solid growth, with $4.3 billion in sales in 2023. The prepared deli segment has also been successful, with a 5.6% increase in sales compared to the previous year. Deli cheese has remained steady, with specialty cheese driving growth. However, sliced deli meat has seen a decrease in sales due to the popularity of grab-and-go and pre-sliced options. The demand for environmentally friendly packaging and labor issues are challenges for the industry. Overall, if prices continue to lower, the deli department is expected to see strong sales in the coming year. [Extracted from the article]

Subjects

Subjects :
DELICATESSENS
OPTIMISM

Details

Language :
English
Database :
Complementary Index
Journal :
Supermarket News Exclusive Insight
Publication Type :
Periodical
Accession number :
176185075