Retail Market Trends

RSS

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.

Consumers want information they can use to make healthful choices.

Food and beverage products manufactured and marketed specifically for children account for 4% of overall industry sales with a value of $23 billion.

In late 2012, Information Resources Inc. (IRI) predicted that private label in the U.S. had hit a proverbial glass ceiling.

After a year of sluggish economic growth in 2013, it is no surprise that consumers are beginning the new year with a conservative outlook.

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.

Clearly, Latin and Caribbean cuisine is not solely tailored for U.S. Hispanics.

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.”

In 2014, consumers will continue to seek healthy options, but with an occasional indulgent splurge.

Private labels have evolved beyond a "good, better, best" offering to target a greater number of consumer needs and price points.