Fresh produce trends continue to stabilize
- Produce dollars grew +2.9% over the last 4 weeks with volume nearly flat to the prior year at (0.3%)
- Year to date, volume has only seen slight decline (-0.9%) and dollars have seen +1.8% growth
- Unfortunately, total edible store is still seeing the impact of inflation
Regional performance YTD (28 weeks)1
Although 7 out of 8 regions are growing dollars YTD, only the Southeast and West regions are showing volume growth.
Top 10 fruit and vegetables $1
- YTD, berries, tomatoes, and onions are the only commodities in the top 10 that are growing in both dollars and volume
- Potatoes and lettuce are doing well from a dollar sales perspective, but volume is down
Shopper behaviors: paying more for less YTD (L28 Weeks)2
- Produce buyers continue to make more trips to buy fruits and vegetables, and spend more dollars per trip. However, they are still walking away with less volume than they were a year ago.5
- With increased store traffic in value retailers (see below), traditional grocery retailers continue to review margins, adjust assortment, and center strategy on loyalty and keeping shoppers engaged.
Thru 28 weeks, produce dollars continued to shift away from traditional grocery2
- Although still the largest channel of produce, traditional grocery continues to lose share of market to more “price focused” retailers such as Walmart and discount grocery.
- Dollar stores are benefiting from increased traffic, as are larger value players like Winco, Grocery Outlet, and Walmart
Fresh produce trends: regional performance YTD (28 weeks)1
Although 7 out of 8 regions are growing dollars YTD, only the Southeast and West regions are showing volume growth.
Produce category inflation update1
- YTD, produce is trending at 2.7% thru 28 weeks. Fruits are coming in at +1.1%, while vegetables come in higher at 4.4%
- Center store inflation continues to be more elevated as edible price per unit up 9% over PY and +21% vs 2021
Shoppers’ concern over price Continues to change behaviors3
Produce has a significant presence in Labor Day celebrations
- Labor Day generated nearly $3 billion dollars and 1.7 billion pounds in 2022
- Items associated with picnics and barbeques are featured on ads for Labor Day: tomatoes, peppers, potatoes, corn, and watermelon
- Multi-buy savings are highlighted for the holiday, especially on items like corn and avocados
- Fruit seasonality aligns well with holiday and provides a healthy snacking option for families
- Stone fruits are not only top seasonal items, but also top promoted items across the department as they enter peak selling season
- Contact your account manager for local activation
Total produce US multi-outlet1 – Labor Day 2019-2022
- Circana Integrated Fresh, Total US, MULO, Calendar Year 2023 Ending 7.16.23
- Circana Panel Data, Total US- all outlets, (Calendar Year 2023 Ending 7.16.23
- Latest Shopper and Performance Topline Insights Across Food & Beverages, Circana June 2023