Cake sales increased by $226m last year, but overall, the fresh department broadly must recommit to compete with the growing centerstore and CPG launches, says IRI.
Younger consumers enjoy bakery items throughout the day, especially for breakfast, but they would prefer smaller portions, according to a report from the American Bakers Association (ABA) in conjunction with The Center for Generational Kinetics (GenHQ).
General Mills, Kellogg, Unilever and Coca Cola Co. outline their plans to win in e-commerce, a channel tipped for growth in Europe where brands over-index.
Euromonitor International has identified 20 of the most influential megatrends to shape the world by 2030 with analysis on eight megatrends with the furthest-reaching impact on industries and consumers in the years to come.
Confectionery and snack companies should up the focus on e-commerce sales in 2017, even though the online channel represents 1% of overall CPG sales volumes, say analysts at IRI and Barkley.
With food-to-go taking a bigger bite of grocery markets around the world, Gavin Rothwell, senior retail insight manager at grocery research organization IGD, identifies the top five trends he believes will shape this sector in the future.
Former Shark Tank competitors, Nick and Elyse Oleksak, share their story of how Bantam Bagels has expanded to more than 7,700 Starbucks locations and the frozen section of grocery stores across the US.
Three class-action lawsuits claiming grocers fooled shoppers into believing bread was freshly made in stores were dismissed by a United States District Court judge last week.
CPG firms know they need a digital strategy to capitalize on a shift in consumer behavior as more shoppers buy products online, according to MyWebGrocer in the US.
Zip-Pak is expecting that the first use of its re-sealable zipper
on deli meat packaging in Europe will lead to a new trend that will
have sustainability and marketing benefits for food manufacturers.
