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The CPG Business Is Changing, But Execs Say Adaptation Won’t Keep Pace
The CPG business is undergoing a shift, but without a crystal ball to determine where the industry will land in a decade from now, we’ll have to rely on recent news and survey responses from those on the front lines.
Is Sustainable Packaging Worth The Investment?
While sustainability initiatives are often an inherent part of modern mission-driven brands, a recent report suggests that what’s on the outside isn’t resonating with consumers like it used to.
How NIQ’s New Nutrition Scoring Could Guide Pricing
NielsenIQ has joined forces with FoodHealth Co. to integrate their respective datasets, enabling brands to spot and craft pitches around the incrementality their products could bring to a retailer’s set on the basis of price, health and how those factors affect consumer purchasing habits.
Additional Content
Four Key Takeaways from The Hershey Company 2022 ESG Report
While doubling down on its efforts to become a snacking powerhouse, The Hershey Company is embedding responsible and sustainable practices into its business transformation, as outlined in its 2022 Environmental, Social and Governance (ESG) report released on Tuesday.
GFI: Taste, Price Still Impeding Growth for Plant-Based Proteins
Despite significant gains in recent years, mass-market adoption of plant-based meat, seafood, eggs and dairy remains limited by taste and pricing-related challenges, according to the Good Food Institute’s (GFI) State of the Industry report.
GFI: More Capacity Needed To Grow Fermentation Food Tech
The Good Food Institute’s yearly report on the fermentation-based food industry showed a growing market share in new protein alternatives but a lack of funding and production capacity hampers widespread adoption.
GFI: Cultivated Meat and Seafood Won’t ‘Clear’ Scalability Hurdle Within The Next Decade
The cultivated meat and seafood space continued to cash large checks and garner new investor support in 2022. However, as regulatory powers in the U.S. pushed the industry closer to commercialization, discussions surrounding future challenges to scale, like price parity and consumer adoption, continue to generate uncertain expectations for growth.
GFI: Plant-Based Seafood Sales Outpace Total Plant-Based Meat Sales
Though still just a small fraction of the total plant-based meat and seafood category, plant-based seafood dollar sales increased by 15% and unit sales grew 5% in 2022, outpacing total plant-based meat sales, according to a new report by the Good Food Institute and the Plant Based Food Association.
Report: Alt. Deals in CPG Rising Amidst Economic Squeeze
Despite rising inflation and a grim economic forecast, CPGs can still access growth capital thanks to a “much broader toolkit” of alternative M&A options, explained analysts from Bain & Company during a webinar this week.
Coffee: Study Details Links To More Steps, Less Sleep, Heart Health
A recent study of 100 individuals published in The New England Journal of Medicine suggests that coffee consumption throughout the day increases physical activity while also negatively impacting a person’s sleep at night; yet, the impact of coffee on the heart are mixed.
Report: Alt-Protein Must Fine Tune Marketing, Innovation To Go Mainstream
While scale may be a near-term limitation to the success of alt-proteins, marketing to mainstream consumers remains the category’s most significant roadblock to achieving the its stated missions.
Report: Grocery Inflation Not On-Par With Past Recessions, But Will Reach ‘Normalcy’ By 2024
The impact of the COVID-19 pandemic on grocery retail prices may have been felt the most in 2022, according to a new report from Coresight Research, in partnership with the Food Industry Association (FMI).
Study: Sweetener Erythritol May Elevate Risk for Heart Attack, Stroke
A new study in the scientific journal Nature Medicine is drawing links between popular sweetener erythritol and blood clotting, stroke, heart attack and death.