January 23, 2025
Capitalizing on "affordable indulgence" could provide sales avenue for seafood industry
2 Min
As the overall consumer market continues to be influenced by an inflationary environment, capitalizing on growing “affordable indulgence” spending could be a way the seafood industry can make headway.
David Portalatin, a senior vice president and industry advisor for food and foodservice at data firm Circana, said during the 2025 Global Seafood Market Conference that the average consumer in 2024 was pulling back spending on a number of items as higher costs for things like car insurance and…
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