Despite the challenges food retailers and manufacturers faced in 2020 (and continue to face in 2021), deli meat and cheese sales were up over the previous year.
Competition for consumers’ food dollars has never been more intense. Today’s food landscape is dotted with a bevy of traditional supermarkets, discounters, dollar stores, and online grocers. And that’s just the segment of food retailers. As consumers gravitate to prepared food options, restaurants are grabbing a greater share of their food spend.