Elevated prices and pressured consumers set the stage for increasing retailer investment and consumer adoption, leading to private label share growth in CPG globally
Circana’s global research, From Growth to Transformation: A Global Private Label Perspective, explores regional approaches to private brands across the European Union, Australia, and the United States.
Approximately 98% of shoppers reported that they had purchased confectionery products at some point in 2024, demonstrating that they continue to leave room in their budgets for treats like chocolate and candy that enhance special moments.
Younger consumers are even more likely to be natural and organic shoppers, with 89% of Gen Z and 85% of Millennials reporting they have shopped for natural and organic products in the prior six months
“In recent years, the topic of seed oils has become somewhat controversial with many media headlines—driven by politicians, policymakers, and online influencers—thrusting these dietary fats into the spotlight,” said IFIC president and CEO Wendy Reinhardt Kapsak, MS, RDN.
The two-day event showcases presentations from C-suite retail, manufacturing and third-party executives. It also will feature an update about WMU's food marketing program, which provides talent to the leading companies that attend the conference.
The Index provides a comprehensive view of consumer sentiment, assessing how a broad selection of potential macro stressors personally impacts consumers and as a result, their purchasing behavior.
In its 2024 Year in Review special report, 84.51°, the retail data science, insights, and media company helping Kroger and its partners create customer-centric shopper journeys, reveals two critical gaps in today’s grocery shopping experience, especially between generations, and highlights potential solutions that could reshape how consumers shop in the future.
US consumers increasingly are aware of the importance of hydration to health and well-being. Demand is high for beverages with hydration claims, and this helps push the industry toward innovation.
Annual eGrocery sales climbed 9.1% compared to 2023, driven by aggressive promotions on subscription and membership programs, which became widespread mid-year. These discounts, ranging from 33% to 80%, resonated with budget-conscious shoppers seeking savings and contributed to increased engagement and retention rates among digital grocery customers.
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