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Article: Record number of new products in 1991. (includes related article on food marketing system)
- Article from:
- Food Review
- Article date:
- July 1, 1992
- Author:
CopyrightCOPYRIGHT 1992 U.S. Department of Agriculture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Last year, manufacturers introduced more products than ever before in our Nation's retail food stores. Of the over 16,000 products introduced, 77 percent were food.
The majority of the new products, 59 percent, headed to supermarkets. Gourmet food stores received 30 percent of the new products, while the remainder went to health-food stores.
Eighty percent of new products were shelf stable and the rest were evenly divided between refrigerated and frozen.
The 1991 total reflected a 22-percent increase over the 13,244 products introduced in 1990, and more than doubled the introductions in 1985. This growth occurred despite 1990 and 1991 being recession ...