Survey results from the eighth annual Most Memorable New Product Launch Survey show consumers had more memorable experiences with fast food launches than with technology, toys or personal care products.
National Restaurant Association (NRA) officials say their annual survey of more than 1,800 professional chefs reveals that local sourcing of ingredients, sustainability and nutrition will be the hottest trends on restaurant menus in 2010.
Retail natural and organic foods supplier Fresh Harvest Products, Inc., New York City, said it agreed to purchase an unnamed organic and natural frozen food business in Washington.
The Wall Street Journal reported that Pinnacle Foods Group LLC, Mountain Lakes, N.J., agreed to purchase the nation's largest frozen vegetable processor, Birds Eye Foods, Rochester, N.Y., for $1.3 billion.
Nestlé S.A., Vevey, Switzerland, says its Nestlé Professional North America foodservice business agreed to acquire Vitality Foodservice Inc., a leading beverage solutions provider to the North American foodservice industry.
Consumer trends researcher Mintel, Chicago, predicts new flavors will make an appearance in the U.S. marketplace in 2010, as well as some familiar ones...reinvented.
Millennials are one of the largest demographics in the country and will soon be entering a strong growth period in both income and consumer packaged goods (CPG) spending.