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).
There’s a very likely chance that Amazon will come to dominate the meal kit category, according to market research analyst Howard Waxman at Packaged Facts.
If anyone is doubting protein’s staying power as a sought-after call-out on packaged products, let the growth of Powerful Yogurt (soon to be just Powerful) be an indicator.
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.
According to retail data company Packaged Facts, “food industry marketers are astutely churning out a variety of healthier, yet still decadent, frozen treats to please modern American consumers.”
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.
Top brass at US meat processor Tyson Foods have told investors at the Barclays Global Consumer Stables Conference the business is braced for a wave of growth in 2017.
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.
Global dark chocolate sales are expected to rise 9% each year up to 2019 due to increased demand in developing nations and associated health benefits, according to Technavio.
US social enterprise Project7 is carving a niche for itself in the highly consolidated chewing gum market with novel flavors such as birthday cake and sour caramel apple.
UPDATED: WhiteWave Foods has struck a deal to buy SO Delicious Dairy Free for $195m in cash in a bid to expand its presence in the fast-growing plant-based foods category.
Gourmet salad bowls include kale, beans, nuts, seeds, ancient grains, edamame...
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...
The omega-3 market continues to grow and appears to have unstoppable momentum worldwide, according to expert Diana Cowland, who keeps tabs on the sector for Euromonitor International.
Gum sales are still down for the category's second largest player, but the segment might be showing its first signs of recovery, according to Mondelez’s CEO.
Sales of prepared meals in Mexico are forecast to trend up in the next five years, according to a recent report, but are still lagging behind the overall rate of economic growth in the country.
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.
China will be the number two market behind the US for Hershey within five years, predicted senior executives at the Consumer Analyst Group of New York (CAGNY) conference yesterday.
Unilever’s ‘fewer, faster, better’ mantra is paying off, with a smaller number of more innovative new products getting to more markets, more quickly, says one industry analyst.
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.
General Mills sees great potential for its snacks and cereals segments outside North America as population growth in emerging markets looks set to soar.
The global food preservative market is set to grow at a compound annual growth rate (CAGR) of 2.5% in the next five years, according to a new report from Markets and Markets.
General Mills has signaled its intention to make a bold move into the functional foods market with new products targeting cardiovascular health, cognitive function and weight management.
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.
Many consumers around the globe are turning away from meat as health, price and ethical concerns grow. But the latest market research indicates that meat substitutes are failing to pick up the slack.
Leading spice firm McCormick continues in its strategy to expand
its business into areas of strong growth potential, announcing last
week that it is to acquire an Asian food company.
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...
