Food and beverage brands are responding to consumer demand for hotter, spicier, foods with over 50 new hot and spicy products launched every day around the world in 2016, says Michigan-based natural extracts specialist Kalsec.
Nestlé has said that it wants to deliver “industry leading volume growth” by leveraging key consumer trends. The company detailed exactly how it intends to achieve this at its investor summit in London yesterday (26 September).
Americans’ love affair with protein shows no signs of cooling in the coming years with a compound annual growth rate projected at a steady 5.6% for the next three years, bringing sales to a predicted $39.08 billion, according to Markets and Markets research.
Now that clean label has moved on from being a trend to becoming “the new rules of the game,” Innova Market Insights predicts more brands will rely on 'farm to fork' claims and bucolic imagery as a differentiator.
In 2015, the top 25 food and beverage companies generated 45% of category sales in the US but drove just 3% of total category growth from 2011 to 2015, with a compound annual growth rate (CAGR) of just 0.1%, according to Nielsen data. So if they are not...
Mainstream players like Hershey may struggle to maintain grip on the US chocolate market amid rising competition and a shift to seasonal and premium products, claims an analyst at Swiss-based financial services firm UBS.
Retailers that offer an attractive packaged salad range are more likely to attract high-spending ‘foodies’ to their stores, says Packaged Facts, citing data showing that bagged salad shoppers are much more likely to pay extra for healthier products, try...
Last month, longtime CPG executive John Haen took the reins as the new CEO and president of Fiberstar, replacing Dale Lindquist, who will now head up sustainable new business development at the River Falls, WI-based supplier of functional fiber ingredients. Three...
Cereal maker Post Holdings has made its biggest acquisition since it was spun off from Ralcorp in 2012, splashing out $2.45bn for egg, potato, and dairy products maker Michael Foods from affiliates of private-equity groups GS Capital Partners, Thomas...
All confectionery categories will grow in Mexico over the next five years, but gum will grow the fastest and confectioners can capitalize with products enriched with vitamins and minerals, according to research from Canadean.
Volumes in the US retail frozen foods market are going backwards, according to a new report from Packaged Facts published just as ConAgra unleashed its latest innovation in the category - new baked entrees under the Healthy Choices brand.
Cognitive function is the functional foods category where the gap between interest and buying behavior is the widest, suggesting there are big bucks to be made, but only if firms can come up with products consumers can trust.
As the market for premium products continues to evolve, a new report examines different premiumization strategies, aimed at helping food and beverage marketers successfully position their products in the luxury aisles.
Ongoing impact of consolidation in the global food and drink
industry is evident in the cost-cutting exercise by Novozymes', the
world's number one enzyme supplier, set to relocate all Swiss
supply chain operations to Denmark...
Number one natural colours firm Chr Hansen builds on ambitions to
penetrate deeper into this growing market with the launch of a new
range of natural reds that tackle stability for beverage
formulations, reports Lindsey Partos.
Danish ingredients firm Chr Hansen has benefited from the growing
demand by food makers for natural colours. Higher sales of natural
colours helped to lift profit figures in a third quarter that also
gained from the increasing popularity...