With growth of private-label products building for several years, these days, such products are taking a bigger bite of the sales total in grocery aisles. Supermarkets are also spending more to upgrade the products.
Better-for-you options and innovative flavors have been a large part of the overall snack industry. Now, they’re making their way into the extruded snacks segment.
Those craving General Mills Inc. snacks could go out to the grocery store to get them, but one day, those snacks could arrive via subscription service. The company is testing a way to ship snacks directly to consumers.
Cutting waste and improving trust in food are the top two of 10 key food and drink industry trends that will dominate 2014, predicts Innova Market Insights.
What does the future hold for food traceability technologies? A new report shows you potential revenues to 2024, assessing data, trends, opportunities and prospects there.
With a growing array of healthy snacks, store brands, recipe apps and international flavors, supermarkets will evolve in 2014 to better meet consumers' desires to save money and time, eat healthfully and enjoy their food while doing it, the ‘Supermarket Guru,’ a supermarket expert, predicts.
Demand for converted flexible packaging in the U.S. is projected to grow 3% annually, to $18.8 billion in 2017. The market for converted flexible packaging will benefit from the inherent advantages of lightweight bags and pouches and the convenience they offer. Further market penetration will be influenced by features dedicated to enhancing the consumer experience, leading to higher retail volumes, says a new study.
Wheat farmers are harvesting a record crop for the fourth time in six years, adding to a global grain glut and cutting costs for food makers. Inventories of wheat and feed grains, including corn, will climb to a four-year high of 379 million tons before the start of the 2014 harvest, 12% more than this year.
Stale chips? Think again. Manufacturers are finding interesting ways of keeping the chips category fresh. And flavors are really getting wild, like chocolate and coconut. Just don’t fill the bag half way.