FreshFacts on Retail Q4 2020/Year in Review 2020 report set
Among the findings, the issue reports that fresh perimeter categories continue their role as the growth engines of the store. The report features seasonal category deep dives on cucumbers, mangos and mushrooms, with a year-to-year comparison of the last three years’ Q2 results to aid in planning for a successful Q2 2021.
“Q4 was largely a continuation of pandemic trends we have seen throughout the year, including consistent growth for produce at retail,” said Miriam Wolk, United Fresh’s Vice President of Member Services. “The resilience of fresh produce throughout 2020 was a testament to the commitment of growers, manufacturers, distributors and retailers to ensuring America’s healthy eating needs continued to be met.
Q4 highlights include:
- Both fruits and vegetables continued to grow, as sales surged across categories driven by consumers making more trips and spending more during those trips.
- Value-added produce sales continued to gain momentum after rebounding from declines in the past. While vegetables are growing at a higher pace than fruit, the latter has returned to growth after consecutive quarters of sales decline.
- Total fruit generated revenues of $7.3 Billion in the latest quarter, representing 7.7% growth versus a year ago.
- Vegetable dollar sales grew 14.1% in the latest quarter, reaching $8.8 Billion, backed by strong volume growth of 9.2%.
- The produce department generated $71.6 Billion in 2020, accounting for 33% of total fresh sales, second only to the meat department.
- Despite the pandemic, produce still managed to drive store trips, proving that consumers are not willing to subsist on frozen, canned and center store items alone.
- Total fruit sales in the U.S. crossed $33.7 Billion in 2020, 7.6% higher than a year ago, with apples, grapes and bananas ranking as the top three categories in sales.
- Vegetable dollar sales topped a new high of $35.8 Billion, and was higher by 14.4% vs a year ago, driven by a strong volume growth of 11.7%, with pre-packed salads, tomatoes and potatoes as the top three categories in sales.
FreshFacts on Retail can be downloaded free of charge for all United Fresh members ($50 for non-members) on the United Fresh website. If you have questions, contact Miriam Wolk, United Fresh’s Vice President of Member Services at 202-303-3410. For questions about specific data contained in the report, contact Mike Galaburda, Client Director for Nielsen.
Founded in 1904, the United Fresh Produce Association brings together companies across every segment of the fresh produce supply chain, including growers, shippers, fresh cut processors, wholesalers, distributors, retailers, foodservice operators, industry suppliers and allied associations. We empower industry leaders to shape sound government policy.