Consumers are willing to pay a premium for fresh food to reap perceived health benefits, but rumblings from shoppers and retailers alike that suppliers have raised prices higher than necessary to offset inflation could portend a negative shift in elasticity...
Change is inevitable, and for most it is uncomfortable – but it isn’t necessarily bad given it can be a catalyst for tremendous growth, deeper connections and betterment, which is good news for the consumer packaged goods industry considering research...
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...
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'...
Fresh food may make most consumers feel happier and capture the lion’s share of retail sales – for now – but rising prices, concerns about perishability and shifting preference are pushing more shoppers to the frozen aisle, suggests new research by Deloitte.
Creating a more inclusive and diverse workforce and advancing equity in the marketplace could give food and beverage companies a competitive edge for recruiting much-needed talent as labor shortages continue, according to new research from Deloitte and...
Recruiting and maintaining top talent in the food industry was difficult long before the coronavirus outbreak, but for many retailers and manufacturers labor challenges have intensified during the pandemic as the type of work, where it takes place and...
Despite less frequent trips to the grocery store and a history of general consumer unease with purchasing fresh food online, sales of fresh food continue to climb driving new growth to the category, reveals Deloitte's The Future of Fresh: Patterns...
The importance of convenience in shopping has accelerated due to the pandemic with more than 50% of consumers spending more on contactless shopping, mobile payment usage, and buy-online-pick-up-in-store options, according to a Deloitte Insights report....
Two-thirds of US consumers have increased their spending on fresh food over the last two years, and more than three-quarters are actively seeking healthier versions of the food they purchase while avoiding preservatives and chemicals, according to recent...
Rising food prices are not a short-term problem so food
manufacturers must adapt accordingly, making wise strategic
choices, strengthening innovation and streamlining operations, says
a new report.
