Between their growing numbers and affinity for “natural” pet products, the Millennial cohort wields a significant buying power for the industry, an impact Packaged Facts explores in our report, "Millennials as Pet Market Consumers".
February 7, 2017Gone are the days when pet owners had to seek out their local independent pet store to find a decent selection of natural pet products. Today, natural, organic and eco-friendly pet products generate billions of dollars of sales annually across a wide range of channels--and the market just keeps growing.
February 1, 2017The VCA deal gives Mars further latitude for growth beyond the mass-market product arena. That’s especially important because it’s not just kibble sales that have flattened in the mass market; the same is true for candy. Even in the case of Mars, with its globally iconic portfolio of chocolate and non-chocolate (sugar) candy brands, confectionery manufacturers face considerable challenges to growth.
January 12, 2017Perhaps more than ever before, consumers want to know about what’s in their meat and poultry, how it was raised and where it came from. This need to know taps a breadth of concerns related to food healthfulness and sustainable practices, as discussed in the Packaged Facts report, "Meat, Poultry and Seafood: Restaurant Trends and Opportunities".
December 15, 2016Marketers and retailers have long recognized the exceptional role Hispanic consumers play in their growth strategies. Sheer numbers are one reason. Yet, Hispanics embody far more than just an extraordinarily fast-growing population segment of the American population. They now represent a market with outsize spending power that will only continue to grow in the future.
November 28, 2016Consumers continue to embrace snacking—not only as viable daypart option but also as a paradigm through which to view eating in general (smaller, more frequent meals). This has caused and will continue to cause changes in consumers’ relationships with traditional breakfast foods.
November 10, 2016The recent attention being paid to plant proteins, both by ordinary consumers and the food industry, begs the question, are consumers more willing to eat less meat to help save the planet than they are to reduce their own chances of developing heart disease?
November 2, 2016Based on the number of meal kit delivery services around the country, the current numbers of meal shipments, and the almost certain entry of such services from retailers and food marketers (ahem Whole Foods), Packaged Facts conjectures that the U.S. meal kit delivery services market will generate $1.5 billion in sales by the end of 2016 and will grow to a multi-billion market over the next five years.
October 31, 2016This blog is based on Packaged Facts’ Lawn and Garden Supplies in the U.S. 10th Edition. Purchase the report by Dec. 15 and receive 5% off with promo code PFLAWNSUP Americans love their lawns and gardens and use Scotts Miracle-Gro products more than others to care for them. Scotts is the market leader by a wide margin, controlling an estimated 60% of total sales in the U.S. The company is the leader in all four categories of L&G supplies: fertilizers, growth media, grass seed and pesticides. T...
October 19, 2015This blog is based on the Packaged Facts report Private Label Credit Cards in the U.S., 9th Edition. Purchase a copy by Dec. 1 and receive 5% off with promo code PFPLCC1015. The movement to virtual private label cards housed within retailer mobile apps foretells the eventual demise of the physical card: Already, more than 30% of private label card issuer and program manager Alliance Data Systems’ private label card purchase value is made via card-not-present transactions. More broadly, retai...
October 13, 2015