In a challenging economy, many companies delay decision-making and retract investment to avoid risk. But this behavior is “innovation suffocation,” explains President and CEO of Tetra Pak, U.S. & Canada, Michael Zacka. And it can prevent companies from seeing the distinct opportunities that exist -even in difficult economic climates. Drawing from his own observations as… Read more »
“Grab-and-go” packaged beverages yielded growth of 6 percent in traditional stores and 11 percent in the convenience channel in 2012, significantly outpacing the industry as a whole, which grew at 2.6 percent, according to IRI estimates.
Sales of natural products have never been better, rising 9 percent annually compared to 4 percent for the entire U.S. food and beverage industry.