Consumers' Demand for Premium Produce Offerings Spur Increase in Sales in Q3 FreshFacts on Retail�
December 9, 2011
Supermarket produce dollar
sales rose nearly six percent since this time last year, driven by higher
average retail prices. The increase in dollar sales was fueled by higher
average retail prices this period, according to the latest edition of FreshFacts�
on Retail, the quarterly retail research report of the United Fresh
Foundation.
While overall volume experienced a slight
decline due to higher prices, the decrease was only 3 percent, continuing the
trend established in previous quarters, which saw consumers willing to pay a
premium for their fresh produce preferences.
The FreshFacts� on Retail
report produced in partnership with the Perishables Group and sponsored by Del
Monte Fresh Produce, measures retail price and sales trends for the top 10
fruit and vegetable commodities, as well as value-added, organic and other
produce categories.
Highlights of this quarter�s report include:
Eight of the top 10 fruits and nine of the top 10
vegetables posted sales that exceeded Q3 2010
Cherries saw true growth in sales and volume, both up
more than 20 percent, as did mushrooms with more than 6 percent increase
in volume and dollar sales
Dollars and volume for value-added fruits grew during
Q3 2011, up 8.3 percent and 5.3 percent, and value-added vegetables saw
dollar sales rise 6.8 percent and volume 7.1 percent
Organic fruits and vegetables both saw growth in weekly
volume, despite increases in retail price
Produce based deli-salads and sides posted dollar
growth
Each FreshFacts� report
also features a Quarterly Spotlight on one industry segment in particular. This
quarter, the report looks at the primary factors driving consumer purchasing in
the fresh produce department. This spotlight focuses on the consumer�s desire
for convenience and unique flavors, as well as consumer willingness to trade up
to value-added and gourmet varieties when prices rise for basic staple
commodities.
The
complete FreshFacts� on Retail report can be downloaded free
of charge to all United Fresh members ($50 for non-members) by clicking here. For more
information about how to obtain the report, please contact Shannon Young,
United Fresh education manager, at 202-303-3400 ext. 405 or syoung@unitedfresh.org. For questions about specific data
contained in the report, please contact Kelli Beckel at the Perishables Group
at 773-929-7013.
Ed.
Note: A copy of the FreshFacts� on Retail report is available for
press by contacting United Fresh Communications Manager Patrick Delaney at
202-303-3400 ext. 417 or pdelaney@unitedfresh.org.
United Fresh Produce Association
1901 Pennsylvania Ave. NW Suite 1100
Washington, DC 20006
Tel: 202 303 3400
Fax: 202 303 3433 united@unitedfresh.org