As consumers continue to look for ways to save money amid high inflation, many are still finding opportunities to trade down, especially in the dairy category, John Crawford, VP of client insights of dairy at Circana, shared during an International Dairy...
“For every person that has stopped ordering online, several others have started to do so,” according to Euromonitor International’s David Hedin, who spoke of the market research firm's new e-commerce tool for the global FMCG industry.
A study of Australia’s largest food firms shows nine out of 10 are at least partly owned by foreign companies…but with Murray Goulburn about to be sold to Canadian rival Saputo, that number will soon be zero.
Dollar sales of foods and beverages edged up a modest 2.1% to $470bn in the US retail market in 2014, but unit sales (an indication of volumes) were pretty flat (up just 0.9%), according to Chicago-based market research firm IRI.
Private label growth has slowed from the last several years when consumers flocked to the category due to the recession, according to a report from Packaged Facts. While retailers continue to launch and promote store brand products, a persistently sluggish...
German dairy giant, DMK Deutsches Milchkontor, has expanded its private label portfolio to exploit the “large potential” for low-lactose and lactose-free UHT milk products.
Suppliers that want to jump aboard the private label surge will face a fine balancing act of co-producing for the sector and branded goods, according to Rabobank.
Unilever’s activities in the developing and emerging markets and the US have proved key to growth in Q1, but private label presents a challenge to brands.
Private label will become a major avenue of opportunity for innovative functional products, which could make their mainstream debut via this “historically unlikely source”, according to a firm specializing in functional food development.
Nestlé says it will embrace moves by hard discounters to sell more
branded products as part of its plan to recover from difficult
times on Europe's food and drink market.
