Energy drinks purport to provide functional benefits including increased energy and boosts in cognitive function/brain activity.
September 11, 2023“Many believed in the inexorable slow death of store cards, the product has been reinvigorated by new competition and product innovation.”
August 8, 2023Consumers also increasingly want and expect products with “better-for-you” attributes that are perceived as more nutritious or healthful.
July 24, 2023U.S. retail sales of pet treats (including sales through brick-and-mortar stores and online retailers) reached $11 billion in 2022, according to Packaged Facts’ just-released Pet Treats and Chews in the US, 5th Edition report.
July 20, 2023Pet health and wellness remains an ongoing concern and focus of attention among pet owners, helping to push US retail sales of pet medications to $12 billion in 2022.
May 22, 2023In the pursuit of greater convenience, consumers are increasingly shopping for groceries online. Packaged Facts analysts expect to see online grocery sales rise at an average annual rate of 12% through 2027.
May 22, 2023The report finds that consumers are increasingly interested in sustainable and convenient foods.
May 1, 2023Large brick-and-mortar grocers such as Walmart and Kroger continue to expand their delivery options with new infrastructure to reach more customers as part of the hybrid “bricks and clicks” model.
April 6, 2023The market posted a very robust compound annual growth rate of 10.9% over the 2017-2022 period.
March 16, 2023Comfort and nostalgia are also important to home baking trends.
March 6, 2023