Fresh vs. frozen: The battle for sales has been saved
Fresh vs. frozen: The battle for sales
Dig into our Future of Fresh report.
Fresh vs. frozen
The pandemic, rising inflation, and supply chain challenges are driving a shift from fresh food sales to frozen food sales, according to Deloitte’s “Fresh vs Frozen” survey. In this Consumer Speaks podcast, we explore trends in consumer preferences, discussing the impact of economic trends at work, holiday trends, and three factors driving consumer buying behavior when deciding between fresh and frozen foods.
Podcast host Sam Loughry, Deloitte & Touche LLP’s US Audit & Assurance partner, leads the discussion with Jim Mills, National Agribusiness Audit leader and Audit & Assurance partner at Deloitte & Touche LLP, and Alejandro Mendez, California Agribusiness co-leader and Audit & Assurance managing director at Deloitte & Touche LLP. Together, they break down shifting consumer preference from fresh to frozen food and offer suggestions on how food suppliers and retailers can lean into the changes.
Analysis of the data from our 2021 consumer survey reveals the top three reasons why a preference for frozen vs. fresh food may be rising among consumers.
Future of fresh series
At the start of 2020, the consumer products industry was addressing traditional operational issues and slowly adapting to emerging consumer trends. However, the COVID-19 outbreak may have fundamentally changed consumer demand and the integrated supply chains that serviced it, defining a “new normal” for businesses and altering some category dynamics forever. The acceleration to advanced analytics has become table stakes for companies that need to adjust to this new normal.
About consumer speaks
On the Consumer Speaks accounting and reporting podcast series, you’ll hear from our Deloitte leaders and professionals as they share their experiences and insights on timely topics across the automotive, consumer products, retail, wholesale and distribution, transportation, hospitality, and services industries. Stay informed on the hottest topics facing these industries and how they can affect your business.
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Part of the That Makes Cents podcast series
Greater cooperation between food retailers and product suppliers may help the food industry unleash its potential.