A combination of inflation, a labor shortage and supply chain issues have caused consumers to cut back on spending in recent months. However, consumers are still wanting good quality meals and demand remains strong in most convenience meat segments as shoppers continue to look for easy ways to create their favorite meals.
Beef is a go-to American staple, and its popularity skyrocketed during the COVID-19 pandemic, when many home cooks sharpened their skills in the kitchen and people consolidated their grocery shopping into fewer trips while maintaining a freezer stash at home.
Bryan Quoc Le, a PhD-level food scientist and food industry consultant, noted that as simpler plant-based meat designs become saturated, such as meatballs, patties, ground meat, chicken nuggets, deli slices, and tenders, food companies are seeking to expand into other configurations and flavors.
Over the past two years, the pandemic has required that people stay home more than ever, and that meant consumers cooking a lot more of their own meals. Not surprisingly, many turned to grilling, especially during the summer typical grilling season, and interest in the meats being used rose substantially.