As a whole, Generation Y will collectively spend more than $200 billion annually starting in 2017 and $10 trillion in their lifetimes, a significant portion of which will naturally be on foods and beverages.
April 13, 2014
While definitions of its exact scope vary, the buying power of Generation Y is both enormous and growing. Read More
This month sees the latest edition of Prepared Foods’ New Products Annual, a chance to revisit some of the products released over the past year.
March 13, 2014
This month sees the latest edition of Prepared Foods’ New Products Annual, a chance to revisit some of the products released over the past year.Read More
Changes announced to the Nutrition Facts label represent a significant step forward, says the Academy of Nutrition and Dietetics.
February 28, 2014
Consumers want information they can use to make healthful choices. Read More
Younger children under age 9 are a particularly influential demographic for marketers involved in the $639 billion U.S. food and beverage market.
February 25, 2014
Food and beverage products manufactured and marketed specifically for children account for 4% of overall industry sales with a value of $23 billion.Read More
Researchers say both private label and national brands’ shares of sales remained unchanged during the past year.
February 17, 2014
In late 2012, Information Resources Inc. (IRI) predicted that private label in the U.S. had hit a proverbial glass ceiling.Read More
IRI MarketPulse Survey Finds Conservative Consumer Behaviors Will Remain Prevalent throughout 2014.
January 24, 2014
After a year of sluggish economic growth in 2013, it is no surprise that consumers are beginning the new year with a conservative outlook.Read More
Deal will create a strong global player in premium spirits with annual net sales of spirits products exceeding $4.3 billion.
January 15, 2014
January 14/Osaka, Japan, and Deerfield, Ill./ Press Release-- Suntory Holdings Limited and Beam Inc. jointly announced that they have entered into a definitive agreement under which Suntory will acquire all outstanding shares of Beam for US$83.50 per share in cash or total consideration of approximately US$16 billion, including the assumption of Beam’s outstanding net debt.Read More
With consumers expecting new flavors that broaden their culinary horizons, many manufacturers need only look south, though admittedly fairly far south -- to the spicy and sweet cuisines of Latin America and the Caribbean.
November 20, 2013
Clearly, Latin and Caribbean cuisine is not solely tailored for U.S. Hispanics. Read More
Kashi co-founders Philip and Gayle Tauber delivered the opening keynote address at Prepared Foods’ annual New Products Conference.
November 20, 2013
I love entrepreneurs. So meeting the dynamic duo behind Kashi was a personal highlight this fall at Prepared Foods’ 31st annual New Products Conference (NPC) in San Diego. Philip and Gayle Tauber delivered the opening keynote address: “Innovate Like an Emerging Company.”Read More
Sterling-Rice Group (SRG) has identified the top 10 food trends that will be served on restaurant menus and line supermarket shelves across the U.S. in 2014.
October 31, 2013
In 2014, consumers will continue to seek healthy options, but with an occasional indulgent splurge.Read More