Customization of food and beverage products is expanding for more personal experiences
July 30, 2019
‘Today’s consumers are more engaged with their food than ever before,’ reports Lu Ann Williams of Innova Market Insights, ‘but every individual is different and this creates its own challenges for the industry.’
With its 2019 Retail New Products Annual, Prepared Foods takes a deliberate category-by-category approach to analyze new tastes, trends and technologies.
July 29, 2019
In preparing for its annual outlook on 2019, global new products tracker Innova Market Insights identified its top 10 trends influencing all food and beverage categories. These developments certainly express themselves in Prepared Foods' category overviews.
Chicago incubator shares innovations from six new CPG startups
July 25, 2019
The Hatchery Chicago, a nonprofit incubator dedicated to helping Chicago entrepreneurs build and grow successful businesses, introduced six new and innovative CPG startups at this year’s Summer Fancy Food Show.
The Specialty Food Association Trendspotter Panel identify prominent products in the specialty food industry
July 24, 2019
Building on previous findings and predictions, the panelists tasted their way through the show, identifying products currently attaining prominence in the specialty food industry.
A growing number of consumers enlist in ordering groceries online
July 10, 2019
The option to order online and pick-up in store, also known as click-and-collect or BOPUS (buy online pickup in store) is favored by 11% of online grocery shoppers. Seven% of these shoppers mix it up and do both, according to NPD’s National Eating Trends® Omnichannel Scorecard.
Private label sales have increased by $7.9 billion across brick-and-mortar stores in the past three years
July 2, 2019
CPG private label accounts for 3% of online dollar sales, up from 1.3% two years ago, and some categories—particularly household care and baby products—are caught in the crosshairs.
IRI’s 2018 New Product Pacesetters report focuses on CPG innovation
June 25, 2019
Winning companies are growing dollar sales based on an enhanced understanding of consumer wants and needs, capturing adjacent white space and/or acquiring companies that have a demonstrated strength in a particular niche.
The older demographic is curious about better-for-you foods that deliver specific benefits
June 21, 2019
While almost half of Americans have no tie to the clean label concept, approximately 41% of Americans actively seek products with the clean label designation with some regularity.