As government stimulus abates, consumer savings rates are beginning to dip below pre-pandemic levels just as food prices are rising due to inflation – driving demand for less expensive private label products and helping to boost TreeHouse Foods’ net sales...
Online grocery activity declined across the board last month in three main segments including pickup (in-store, curbside, lockers, etc.), delivery (first and thirst party providers such as Kroger, Instacart, Shipt), and ship-to-home (parcel carriers including...
Monster Energy reported a strong increase in net sales for Q1 2022 as it steadily works to stabilize its business against rising supply chain costs, but remains bullish on the market and consumer demand for its energy drinks portfolio.
More consumers are factoring sustainability into their purchase decisions, according to data from NielsenIQ, but effectively and efficiently communicating a product’s environmental impact in less than the 10 seconds most shoppers spend deciding what to...
Batting many of the same macro headwinds as the rest of the industry including continued inflation, supply chain disruptions, and ingredient and packaging shortages, Hain Celestial maintains a positive outlook on its North American business where consumer...
Kellogg is steadily, and more quickly than anticipated, recapturing lost distribution and market share in the US cereal market after a factory fire and drawn-out strike last year depleted supply and left it unable to meet demand for all its beloved breakfast...
As a 100+-year-old company of some of the most well-known CPG brands, Mars Inc. sees innovation as the driving force behind the company's next chapter of growth and the key to maintaining consumer relevancy.
As higher prices due to inflation continue to squeeze consumers’ budgets, shoppers at Spouts Farmers Market are beginning to pull back on spending, opting for “slightly fewer units in the basket” – prompting the retailer to reconsider its in-store experience...
After two years of focusing internally to navigate pandemic-related supply chain, labor and other challenges, Keurig Dr Pepper will begin to look outward once again for inorganic opportunities, including mergers & acquisitions, partnerships and minority...
Hershey’s higher-than-expected sales and market share gains in the first quarter is a double-edged sword for the confection and snack company – allowing it to raise its full year guidance but simultaneously straining inventory and increasing the company’s...
Russia’s ongoing invasion of Ukraine is taking a toll on major CPG companies, including PepisCo and Mondelez, both of which reported a hit to annual profits yesterday due to restricted production and sales in the countries and surrounding area as well...
After taking a hit early in the pandemic, sales of impulse purchases are beginning to rebound – but they look different now than before the outbreak as brands and retailers redefine the category to better align with consumer needs and lifestyles reshaped...
Bracing for an “asynchronous” recovery in 2022 with “many new chapters and challenges,” The Coca-Cola Co. is prepared to quickly respond to local market conditions with a mix of price adjustments, package differentiation and “ever-sharper” promotional...
As rising temperatures push American spinach farmers farther north, late blizzards threaten US corn and soy crops and a prolonged drought in the southern plains weakens wheat production and pushes up prices, it is clear that BlackRock CEO Larry Fink was...
Emboldened by “sustained consumer demand” despite rising prices in the first quarter to the highest level since 2008, Nestle executives told investors yesterday that they will continue to pass on “significantly higher” than expected cost inflation to...
As Americans who have worked from home since the pandemic begin to return to their offices and become more comfortable socializing in the evenings, when and what they eat is shifting earlier and later – at the expense of more traditional meals – creating...
Entrepreneurs at startups and emerging brands often innovate and build their businesses based on their intuition or anecdotal feedback from loved ones and early adopters, but as they scale so do their need for detailed data and analysis -- not just about...
As the largest natural and organic packaged food company in the US*, General Mills has the scale and resources to drive positive change in the food system through its work in regenerative agriculture, sustainable ingredient sourcing, and nutrition access....
A decade after Blue Apron pioneered the US meal kit market, more than half of Americans have yet to try the service from any vendor, despite dozens of additional players now in the space – a missed opportunity that the company wants to seize with a new...
While consumers may be searching for ways to reduce their sugar intake, products that provide a sense of sweetness are still in high-demand, positioning certain natural sweeteners for continued success, says SPINS.
Despite skyrocketing inflation that reached a 40-plus year high of 8.5% for all goods year-over-year in March, and ongoing supply chain challenges that are driving up production costs and out-of-stocks, US consumers continue to spend what it takes to...
Consumer spending remains strong – for now – despite historic inflation increases, but new data from the Census Bureau released Thursday suggests the gains in grocery last month may not be as significant as they appear and an overall slowdown could be...
Direct-to-consumer online grocer Misfits Market has launched its own private label offering of 'Odds & Ends' pantry staples specifically designed to address certain supply chain inefficiencies around sourcing, food waste, and elevated pricing,...
ADM has made a $300m investment to expand existing production capabilities of its soy protein concentrate and open a new protein innovation center in Decatur, Illinois.
March’s staggering 11.2% year-over-year producer price increase revealed yesterday by the Bureau of Labor Statistics suggests inflation, which reached a 41 year high of 8.4% last month, may be far from peaking and manufacturers, and consumers, should...
With 33 years operating in the natural foods industry, national food broker PRESENCE has seen many trends come and go and others grow into long-term growth drivers for the industry.
Despite soaring at home food inflation, Albertsons’ shoppers remain “strong” with minimal trading-down to less expensive products, including private label, or pulling back on overall spending, executives said during the retailer’s fourth quarter earnings...
Fueled by ongoing supply chain constraints and skyrocketing energy costs due partly to Russia's invasion of Ukraine, inflation continues its upward march with the Consumer Price Index topping out at a staggering 8.5% for all items and 10% for food...
After forgoing large Passover and Easter celebrations for the past two years, Americans are eager to gather with friends and family beyond their households – driving up projected unit sales of confections and groceries despite higher prices, according...
Mars Wrigley is investing $175m into expanding its Topeka, Kansas, facility where the company produces its M&M's Peanut, Twix, Snickers, Milky Way and 3 Musketeers product lines.
After experiencing unprecedented double-digit growth in 2020 fueled by pandemic shopping behaviors, private label brands grew by a more modest 1% for the full-year 2021, but have gathered steam again in the Q1 2022 registering 6.5% sales growth compared...
In the face of ‘unprecedented’ inflation and transportation troubles, Slim Jim and Birds Eye maker Conagra Brands is raising prices – again – but executives are confident that sales, market share and household penetration will remain strong thanks to...
Beyond Meat is rolling out its Beyond Burger and Beyond Meatballs products at approximately 2,000 Rite Aid stores nationwide as the company aims to expand its presence across all retail channels including drugstores.
While retailers’ practice of displaying an overabundance of fresh produce, baked goods, meat and dairy alongside shelves stacked deep with staples effectively boosts sales by enticing consumers to buy more, it also costs the industry a whopping $37m a...
Snacking behaviors evolved in a few key ways over the past few years as consumers balanced familiarity with health and wellness and are now looking to expand and diversify their snacking routines, says Brigette Wolf, VP, global head of SnackFutures at...
In a highly competitive industry in which 80-85% of new products fail in the first two years, natural grocery distributor KeHE consistently picks winners and fosters growth among emerging brands thanks to several key initiatives, including its TrendFinder...
Emerging indoor farming company Square Roots has opened a new modular farm in Springfield, Ohio, where the company will be able to reach local customers in Cincinnati, Columbus, and Dayton metropolitan areas with its fresh, locally-grown salad mixes and...
The US labor market continues to grow at an unprecedented clip with a near full recovery from the devastating drop early in the pandemic and with more women and retirees returning to the workforce – but a slowdown may be on the horizon even as the consumer...
Adoption of grocery e-commerce and delivery continues to increase even as the pandemic has lapped its two-year mark and foot traffic at grocery stores has picked back up, noted 1010 data which tracked the growth of Instacart over the past two years (2019-2021).
Recently named incoming Organic Trade Association CEO Tom Chapman inherits a strong organization that helped make organic mainstream and double industry sales during outgoing leader Laura Batcha’s tenure of nearly a decade, but which now must address...
By replacing the shrink wrap around multipacks of canned tuna with paperboard cartons, The Bumble Bee Seafood Company not only achieved an ambitious sustainability goal ahead of schedule, but it also unlocked unexpected marketing, retail and consumer...
Led by a PepsiCo alum turned beverage entrepreneur, OCA is carving out a spot for itself in the growing 'clean' energy drink category with a simple ingredient deck which includes 120mg of caffeine from green coffee extract.
While regenerative agriculture resonates with rising consumer interest in sustainability, it can be difficult to explain in snappy marketing sound bites and callouts – prompting natural and organic meat company Applegate to try a different approach through...
In its largest expansion to date, Gotham Greens is doubling the size of its greenhouse capacity from 600,000 to over 1.2 million square feet this year unlocking new regions, national distribution at key retailers, and getting one large step closer to...
Koidra, an intelligent automation (IA) startup based out of Seattle, has raised $4.5m in a seed funding round to bring its data intelligence technology to precision and controlled environmental agriculture sectors.
While plant-based beef patties and grounds, pork sausages and chicken nuggets abound, seafood alternatives are still relatively scare – representing a significant, and fast-growing, opportunity that innovators and investors alike are moving quickly to...
The overall plant-based foods sector reported a significant slowdown (but still positive) growth for 2021 vs. 2020 with plant-based meat sales seeing flat growth while other categories grew by single-digits for the year, according to new data released...
With fresh leadership and a portfolio intended to address a consumer's every need state, Laird Superfood is on a strong path towards significant long-term growth and profitability, said the company's new president and CEO Jason Vieth at the...
Many indoor farming companies - while noble in their pursuit of providing consumers with access to locally-grown produce with a longer shelf life and free from pesticides and other contaminants from conventional field farming - have struggled to create...