The sheer volume of spending on food at home by affluent households—which is in excess of $100 billion—makes them an essential consumer segment for food manufacturers, marketers, distributors, and grocers...But, as Packaged Facts reports, it’s not money alone that sets affluent food shoppers apart.
July 1, 2019From 2012 to 2017, pet care sales in India grew exponentially and the market has enough momentum to expect even greater growth looking ahead to 2022.
June 25, 2019Food industry players and marketers are aligning as allies to parents in the battle to get kids to eat fruit and veggies through the “stealth health” movement, among other efforts.
May 14, 2019The U.S. packaged cookie market savored total retail dollar sales of $11 billion in 2018.
February 26, 2019The pet food market is in the midst of a retail channel show-down, with online juggernauts Amazon and Chewy pulling out stops while putting pricing pressure on pet specialty and mass retailers and eroding the divide between them.
February 5, 2019Suppliers of fresh, frozen, and processed meat and poultry are facing increased competition from producers of meat substitutes. Manufacturers of such products include Beyond Meat, Kellogg Company’s MorningStar Farms, and Impossible Foods. As these companies continue to improve the taste and texture (e.g., ability to sizzle on a grill) of plant-based patties and other meat substitutes, more individuals are experimenting with these products. The increased availability of meat substitutes on restaurant menus and grocery store shelves is also spurring sales.
January 21, 2019Industry players and marketers are doing their part in addressing health trends through new product development of better-for-you breakfast.
January 2, 2019The best way for major retailers such as Amazon and Walmart to engage with local producers and independent grocers is to allow them to use their online grocery marketplaces for a fee in the same way they have opened up their regular online marketplaces to other sellers.
December 17, 2018With Greek yogurt having already refashioned the yogurt category, the question becomes what’s the next disruptor? The longer-term answer is dairy-free, plant-based yogurt.
October 17, 2018The canned food industry seems to have opened a can of worms. Long a staple of consumer diets, canned food has fallen out of favor with consumers, with more consumers valuing fresh, healthy food made without packaging. For example, several major canned food companies saw revenues decline in the first half of 2018. Furthermore, Campbell canned its CEO due to a precipitous drop in sales. So what happened? How did canned food get left off of consumers’ plates? And what are companies doing to respond?
October 15, 2018