Markets

Monster faces a new 'Ruckus in the Rockies 2012', this time with hip-hop combo the Beastie Boys

Monster faces new 'Ruckus in the Rockies' as Beastie Boys sue

By Ben Bouckley

Monster Beverage Corporation faces a new legal scrap with hip-hop combo The Beastie Boys, and says it cannot predict the business effects of another action filed by an unnamed state attorney general’s office in July.

What’s new in the meat-free market?

Special edition: Meat alternatives

What’s new in the meat-free market?

By Caroline Scott-Thomas

Meat-free burgers, sausages, and other meat analog products have come a long way in recent years, but there is still room for improvement in texture and taste, as companies continue to strive for more meat-like attributes – and a bite of the meat-free...

Tofu is one of the most popular meat analog variants

Special edition: Meat alternatives

Firm growth for meat substitute products

By Rod Addy and Nathan Gray

The total market for analogs and meat free products is set to rise by 4.4%, from €2.85bn to €3.54bn, in the next five years, according to exclusive data from market analyst RTS Resource.

Digital marketing giant Valassis intros Facebook coupon app

Digital marketing giant Valassis intros Facebook coupon app

By Caroline Scott-Thomas

Digital marketing firm and couponing giant Valassis has introduced a new Facebook app for consumers to access coupons and savings directly on Facebook, combining the company’s digital coupon distribution expertise with Facebook’s sharing and graph functions.

Loblaw's released its Black Label range in October 2011

Canadian private label makers target affordable luxury: Euromonitor

By Caroline Scott-Thomas

The Canadian private label sector is no longer confined to cheap, lower quality alternatives to branded products, as Canadian retailers look to appeal to those seeking affordable luxury, according to a new analysis from Euromonitor International.

Beer: A popular choice among Hispanics

US Hispanics prefer beer over wine: Mintel

By Caroline Scott-Thomas

US Hispanics’ beverage consumption is the latest aspect of this influential group’s spending habits to enter the spotlight, in a new report from market research organization Mintel.

Palm oil-free may be emerging trend

Palm oil-free may be emerging trend

By Rod Addy

A shift towards palm oil-free foods and ingredients could be an emerging trend in Europe, according to market analysts.

Consumers seek added benefits from foods: FMI research

Consumers seek added benefits from foods: FMI research

By Caroline Scott-Thomas

A desire for healthier diets and the stagnant economy have led consumers to cook at home more often, and they are increasingly seeking foods with added benefits, according to a new survey from the Food Marketing Institute (FMI).

NPD beyond borders: Thinking global for local product launches

Special edition: The new product development process

NPD beyond borders: Thinking global for local product launches

By Caroline Scott-Thomas

Global food companies face big NPD challenges in appealing to widely varied local tastes, but as the world becomes increasingly interconnected, manufacturers are learning lessons from product launches half a world away.

How can social media fit into the NPD process?

Special edition: The new product development process

How can social media fit into the NPD process?

By Caroline Scott-Thomas

Social media allows companies to feel out consumer perceptions of ingredients and concepts at the beginning of the product development process – and combines well with more traditional consumer research, says social media research firm Loudpixel.

Millennials are nearly three times as likely to be influenced by smartphone apps when choosing brands

Millennials: Cautious, volatile – and online

By Caroline Scott-Thomas

Millennials may be the hot new target demographic for food and beverage manufacturers in the United States, but they are a cautious and volatile group of shoppers, according to a new report from market research organization SymphonyIRI.

Datamonitor: ‘Product failure is the Area 51 of the food industry’

Special edition: The New Product Development Process

Datamonitor analyst: ‘Product failure is the Area 51 of the food industry’

By Caroline Scott-Thomas

Thousands of new products hit the shelves every year, many of them fail, and few companies are comfortable talking openly about those that don’t make the cut – but manufacturers shouldn’t let product failure go to waste, says Datamonitor analyst Tom Vierhile.

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