News & Analysis on Food & Beverage Development & Technology
Closing out a challenging fiscal year plagued by labor shortages, supply chain constraints, and higher-than-expected inflation, Hain Celestial executives are “very bullish on our future” after convincing retailers to accept price increases, implementing...
Food prices across categories are predicted to rise low- to mid-single digits this year and again next year – adding on to already higher prices in 2020 fueled in part by the pandemic and raising questions about how consumers will react in the long term,...
The latest consumer price index reveals food prices have climbed 3.4% over the past year, reflecting a slow but steady month over month increase that likely won’t stop any time soon as ingredient, material and labor shortages continue.