Circana issues 2023 New Product Pacesetters Report, revealing that innovation meets consumers in new moments
June 11, 2024
The report details the continued impact of innovation within CPG, revealing that consumers seek exploration and new experiences as they adjust to active post-pandemic lifestyles. Leading products reflect shifts in Americans’ daily routines, offering increased versatility and venturing into new categories.
Jenkins will oversee Hain's Global Impact Strategy, which prioritizes the growth of building purpose driven brands across its portfolio, while championing other sustainability and wellbeing initiatives.
Schiegg steps into the CEO role following a thorough transition and having most recently served as president of the company's Consumer Brands business.
In the new Aurora facility, Planteneers can: host customers for collaborative product development sessions with a full plant-based meat laboratory (with a plant-based dairy laboratory coming online soon after the ribbon-cutting), develop ingredient solutions that work for US consumers, and house sales, distribution, marketing, product managers and R&D team members.
The center will engage partners from academia and industry to research, create, and commercialize new technologies, provide training for the emerging industry workforce, and gauge consumers' protein preferences.
The new manufacturing facility will produce Asian-style foods, primarily for Schwan's #1 Korean food brand bibigo, using state-of-the-art automated production lines.
FMI 2024 US Grocery Shopper Trends Series uncovers insights into current consumer shopping behavior
June 5, 2024
While consumer concerns about food inflation persist, FMI’s newly launched US Grocery Shopper Sentiment Index found that grocery shopper sentiment reached a post-COVID-19 pandemic high in 2023 and continues to remain elevated.
he company recently raised more than $100 million in a C-1 round led by Grosvenor Food & AgTech, with returning investors including Prelude Ventures, BOND, Revolution Growth and Congruent, to help meet the growing demand for its products.