Grocery stores could lose upwards of $20b in sales in 2023, or 2.8% of the industry’s $850b in sales last year, due to cuts in the Supplemental Nutrition Assistance Program, formerly known as food stamps, and unless they act with “genuine” empathy that...
Once reserved for special occasions and parties, dips are breaking out as an everyday snack – and in some cases meal – to emerge as a fast-growing category driven by pandemic-fatigue, consumer interest in global flavors and an enviable family-friendly...
Rapidly rising food prices are expected to slow in 2023 after supply chain challenges, geo-political strife, climate change and agricultural policy changes contributed to record inflation in 2022 and prompted government action, according to federal agencies....
As consumers feel the pinch of inflation, they’re turning more toward private label food products, reversing a pandemic-era trend for brand names – a move that could have M&A implications, according to a new research report from investment bank William...
Food industry leaders are calling for the fast passage of bipartisan legislation introduced yesterday that seeks to ease ongoing supply chain challenges stemming from the nation’s historic 80,000 truck driver shortage, which is delaying deliveries and...
By Soup-To-Nuts Podcast: Emerging demand for positive nutrition must balance functional benefits, taste, sustainability and convenience
Born out of the pandemic when product availability was unpredictable or limited and when a premium was placed on immunity-boosting, consumers in 2023 increasingly are seeking positive nutrition – both for themselves but also for the planet and workers...
Despite concerns that high energy prices, supply chain and labor challenges, and geo-political strife will continue at least through the end of the year if not longer, many CPG executives remain optimistic about their companies’ performance, according...
United Natural Foods Inc. plans to remain on the sidelines rather than enter a bidding war against existing clients if and when anti-trust concerns force Kroger and Albertsons to divest retail locations as part of their proposed $24.6bn merger expected...
While economists predict inflation will ease slightly in the coming quarters, this year could easily become a “groundhog day version of 2022” if the weather takes a turn for the worse and triggers a domino effect that strains transportation, commodity...
The “three-headed monster” of rising inflation, product shortages and labor challenges continues to wreak havoc across the food industry with little sign of relief on the horizon – prompting many consumers to shift their shopping habits and forcing manufacturers...
Research from scientists at Rutgers University and supported by Danone has focused on the impact COVID-19 has on the microbiome, the collection of microorganisms that live in and on the human body. The findings could feed into Danone’s R&D efforts...
Industry leaders are lauding proposed changes to FDA’s food program outlined in a highly-anticipated external review by the Reagan-Udall Foundation published yesterday that includes calls for a “single clearly identified” leader with direct lines of authority...
While Nestlé CEO Mark Schneider touted the company’s “consistent financial results” over the past few years despite “living in a very volatile and turbulent environment” thanks partly to an aggressive portfolio reshaping, he also acknowledged not all...
Despite “overwhelming evidence” demonstrating dietary health impacts, and growing consumer interest in nutrition as a wellness tool, widespread adoption of food as medicine in the West faces significant structural challenges that will require stakeholders...
Between Americans’ hectic on-the-go lifestyles pre-COVID, the pandemic prompting everyone to hit pause followed by hybrid work schedules, inflation rates at 40-year highs, and increased expectations that food not only nourish the body but also the soul,...
Hain Celestial is cautiously optimistic that the “macro environment is beginning to stabilize” and expects “modest sequential improvement in total company profit performance” in fiscal 2023 after better-than-expected sales in North America that softened...
Contrary to the growing chorus of critics pigeonholing ultra-processed packaged food as innately unhealthy for people and the planet, a group of food system and nutrition experts gathered by Clif Bar & Co. argue some could play a “crucial” role in...
Organic sales continue to reach unprecedented highs as consumers gravitate to options they perceive as healthier for them and the planet, but the segment faces significant headwinds that are slowing growth and will demand ongoing flexibility, innovation...
In its pursuit to become a top player in the grocery e-commerce space, Walmart has entered into a definitive agreement to acquire grocery automation firm, Alert Innovation.
The lower barrier for entry to market for startups and emerging brands created by the surge in online grocery shopping early in the pandemic is creeping back up as consumers increasingly return to brick-and-mortar stores for the bulk of their shopping...
Even as rising consumer interest in natural and organic products helps push overall sales to new highs, the industry’s growth rate continues to plummet from pandemic highs to below pre-pandemic levels and likely won’t rebound until 2024 as the threat...
Ending its fiscal year on a strong note, grocery wholesaler UNFI is ramping up investment in warehouse automation and robotics as part of its long-term growth plan to enhance efficiencies and long-term profitability for its customers.
Year-over-year online grocery sales slipped slightly in August 2022 vs. August 2021, but research from Brick Meets Click/Mercatus shows a dramatic increase in online grocery shopping behavior over the past three years.
What's behind the recent slow down of the plant-based meat category? According to new research from Deloitte, there are several factors at play including a more limited addressable market, the pressure from inflation, and questions around the products'...
By using a patent-pending algorithm to pair and assess physiological responses to stress and diet tracked by smart watches with psychological data gathered through an online quiz, food-tech start-up myAir has found a way to overcome one of the biggest...
Food prices at near forty-year highs now overshadow most other consumer concerns about grocery shopping – including fears of contracting COVID-19 or experiencing violence in stores – prompting many to rethink where they shop, what they buy and what product...
With many consumers fixated on the price of their grocery bill amid ongoing inflation, mass and club channel retailers such as Costco are seeing increased foot traffic and higher shopper spending at its stores.
As consumers navigate rising inflation, out-of-stocks due to lingering supply chain and labor challenges and contemplate the potential impact of their purchases on the environment and workers, they are more willing to push aside old loyalties and try...
The Coca-Cola Co.’s decision early in the pandemic to dramatically restructure, including consolidating 17 business units into nine, laying off thousands of employees and discontinuing a slew of SKUs, may have appeared “slightly quick off the middle,”...
Every day Americans drink an estimated 517 million cups of coffee, according to the most recent consumer research from the National Coffee Association, which found that while nearly one in five savor a classic black cup with no adornments, the percentage...
Offering great value for money and some sustainability bona fides (low food waste/easy recycling), the canned food aisle has obvious attractions, especially if you're on a tight budget. But it’s not exactly the place you go to discover exciting new...
As Americans continue to adjust to post-pandemic life and mounting economic uncertainty, consumer research from Mintel shows that many believe there is no going ‘back to normal’ and as such are changing the way they think about, budget and shop for, and...
Notoriously thin operating margins in the food supply chain will likely keep manufacturers and retailers from incrementally lowering prices even as input costs begin to come down – preferring instead to wait until the economic landscape stabilizes and...
Net sales in Amazon's physical stores - Whole Foods Market, Amazon Fresh and Amazon Go - grew 12.5% year-on-year to $4.72bn in Q2 2022 and grew 2.8% vs Q1, 2022.
The past two years have been a rollercoaster for many food and beverage companies, who have had to deal with everything from a global pandemic to rocketing inflation, labor shortages, and massive disruption across their supply chains. So what does all...
In the face of inflation and consumer price sensitivity, Mondelēz International saw positive volume growth and price resiliency across its snacking portfolio especially in its core areas of snacking and chocolate, reported chairman and CEO Dirk Van de...
After being demonized as high-carb and maligned with foggy grain-brains and gluten sensitivities, pasta consumption, which had been flat and declining for years pre-COVID, bounced back during the pandemic with unprecedented growth as consumers looked...
Emerging brand Fila Manila is blazing a trail for better representation of Filipino flavors and cuisine in mainstream grocery with its line of savory simmer sauces and brand new launch, coconut and ube jams.
As the enthusiasm for cooking that many discovered early in the pandemic wanes, retailers and CPG brands can protect against lost sales to restaurants and foodservice by offering more fresh prepared and minimal-prep options as well as inspiration that...
What will the next frontier and low- and no-sugar beverages look like? Find out during FoodNavigator-USA's free-to-attend webinar on Low- and-No-Sugar Beverages: From Soda 2.0 to Flavored Waters online event, broadcasting on Tuesday, July 26th at...
As Geoff Freeman prepares to step down from his role as president and CEO of the Consumer Brands Association next month to pursue a new opportunity, he offers the CPG industry the same advice that he gave when he joined the trade group four years ago:...
Two years after launching at the height of the pandemic, Mavericks Cookies has established a strong foothold in the under-served better-for-you kids snacking category with new distribution at 1,250 Target stores and a streamlined portfolio focused exclusively...
Consumers have heightened interest in flavor twists and combinations (e.g. salty & sweet, tangy & spicy) and are less driven by brand recognition and familiarity when it comes to their snacking purchases, finds Frito-Lay North America in its recent...
As rising gas and food prices cause US consumers’ confidence and short-term outlook for the economy to plunge, some are shifting their spending habits and the blame from the pandemic to ongoing supply chain costs, constraints and related government policies,...
Chobani has crossed into the metaverse through the online gaming platform Roblox where it's targeting a new generation of consumers with its oatmilk portfolio helping to transition its identity from a yogurt brand to broader food company, says Chobani...
Kroger is seeing inflation heavily impact the way consumers are shopping at its stores, with many choosing more store brands and selecting fewer premium products (eg. switching from beef to pork), says CEO Rodney McMullen.
Mondelēz International has generated consistent growth across its portfolio of biscuits, chocolate, cakes, and pastries, and will keep its focus on these categories as the company navigates current economic volatility, says Mondelēz International CEO...
