Convenient meal solutions grew across almost every category and generation.
July 9, 2018
Across the United States, 85% of diners decide what to eat for dinner the same day the meal occurs, so it may not come as a surprise that compared to 2015, convenient meal solutions grew across almost every category and generation, according to research released by Acosta, Jacksonville, Fla., and Technomic, Chicago.
The rise in M&A comes as big fast-moving consumer goods (FMCG) companies respond to challenges of driving growth, as well as pressure from activist investors to increase margins.
July 9, 2018
The number of mergers and acquisition deals among the Top 50 consumer goods giants reached a 15-year high in 2017, a 45% increase from the previous year, according to the annual Global 50 report released by OC&C Strategy Consultants, New York.
The company’s Unpronounceables List includes more than 80 ingredients the company will avoid using in more than 1,000 of its exclusive brand products.
July 9, 2018
US Foods Holding Corp., Rosemont, Ill., announced that its entire line of Metro Deli, Rykoff Sexton, Chef’s Line and Stock Yards exclusive brand products will be produced with clean label profiles as part of the company’s Unpronounceable List initiative.
The dairy alternatives category was largely pioneered by and continues to be led by beverages.
July 9, 2018
Plant-based product claims have increased by 62% globally (CAGR, 2013-2017) with growth occurring on platforms such as plant proteins, active botanicals, sweeteners, herbs and seasonings and coloring foodstuffs, according to a report published by Innova Market Insights, The Netherlands.