With the Gulf Coast still feeling the effects of Hurricanes Harvey and Irma, the overall damage to the U.S. food supply has yet to be determined. Hurricane Katrina was an epic catastrophe for the food supply. Case in point: North America’s oldest cold storage company, based in New Orleans, lost power for weeks and was later declared a toxic waste site.
Things are looking pretty sweet in Bakery and Snacks. Bread is back, and the sandwich is enjoying a bit of a renaissance in all its glorious forms: burgers, bahn mis, tortas, gyros. Enriched and sprouted grains are also on the rise, ensuring the low-carb craze has finally cooled off.
There’s a lot of cool things happening in refrigerated and frozen foods. Consumers are enjoying more diversified breakfasts and snacks, which means more options for frozen foods.