IRI

Study finds younger Millennials outspend older cohorts on food, beverage purchases

Younger Millennial spending on food and beverages is clearly outpacing older baby boomers and retirees who struggled in Q1.

June 4, 2019

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This mixed bag is impacting consumer spending on food and beverages, according to the latest IRI Consumer Connect survey released by IRI, Chicago.

Study unveils Top 5 disrupters for the food, beverage industry

From new market entrants and go-to-market models, to technology advancements such as artificial intelligence, disruption comes in all forms.

May 10, 2019

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IRI, Chicago, collaborated with Chicago-based Retail Leader magazine to discover the Top 5 disruptors impacting the retail industry.

Study: Most successful brands focus on wellness, indulgence, convenience

For the first time, products developed by companies with annual revenues under $1 billion represented the majority of top-ranking brands.

May 8, 2019

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IRI, Chicago, released its “2018 New Product Pacesetters,” which highlights the most successful new product launches across food and beverage and convenience store sectors, among others.

Research: Sustainability-marketed products delivered more than 50% of CPG market growth since 2013

Research found that sustainability-marketed products delivered 50.1% of market growth from 2013-2018 while representing 16.6% of the CPG market in dollar sales in 2018.

March 11, 2019

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IRI, Chicago, and NYU Stern Center for Sustainable Business (CSB), New York, released the findings of a new U.S.-based study and established the Sustainable Share Index, an in-depth analysis of consumer purchases of products marketed for their sustainable attributes.

Study finds consumer confidence makes big impact on e-commerce growth

In fact, 2018’s e-commerce sales increased by 35.4%, according to IRI’s new research.

February 5, 2019

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Nearly 55% of consumers report their households were in good financial shape in Q4 2018, up 4% from Q3 2018 and 2% from Q4 2017, according to “Consumer Confidence Reflected in E-Commerce Growth,” produced by IRI, Chicago.

Report: Key to M&A success is consumer, shopper approach

Merger and acquisition activity among the Top 50 CPG companies marked a 15-year high in 2017.

December 5, 2018

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In fact, merger and acquisition (M&A) activity among the Top 50 CPG companies marked a 15-year high in 2017 — a 45% increase compared to the previous year, according to IRI, Chicago. That’s why making informed and strategic M&A decisions is critical.

Study finds consumers still turning to private label, despite growing economy

Private label products are quite popular with younger consumers, who tend to be driven more by product benefits than by brand name.

November 8, 2018

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Despite the U.S. economy growing at a 3.5% annual growth rate in the third quarter, 49% of consumers are making sacrifices to make ends meet, according to survey results released by IRI, Chicago.

Study: 46% of CPG growth comes from small companies

In 2017, pricing grew by 1.4% and volume declined by 0.2%.

August 24, 2018

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U.S. consumer packaged goods (CPG) companies experienced growth in 2017, according to a study produced by Information Resources, Inc. (IRI), Chicago, and The Boston Consulting Group (BCG), Boston.

Study: Next generation drives product innovation

For example, Millennials are digital natives who are changing how business and communications work.

August 24, 2018

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Demographic shifts and customer-centric product innovation are driving new approaches to building lifetime customer value, according to the 22nd annual New Product Pacesetters report, produced by IRI, Chicago.

IRI, Ascential’s One Click Retail join forces to enhance omnichannel data measurement, insights

This brings CPG manufacturers and marketers a comprehensive and granular omnichannel data viewing and measurement platform.

August 7, 2018

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IRI, Chicago, and One Click Retail, Salt Lake City, Utah, expanded their partnership to integrate One Click Retail’s item-level sales data from Amazon into the IRI Liquid Data platform to bring consumer packaged goods (CPG) manufacturers and marketers a comprehensive and granular omnichannel data viewing and measurement platform.

Food Engineering's Food Automation & Manufacturing Conference and Expo (FA&M) is a 2 ½ day event that brings food and beverage processors and suppliers together to gain valuable information on the latest trends and technologies in manufacturing, automation, sustainability and food safety.

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ARTICLES

Study finds younger Millennials outspend older cohorts on food, beverage purchases

Study unveils Top 5 disrupters for the food, beverage industry

Study: Most successful brands focus on wellness, indulgence, convenience

Research: Sustainability-marketed products delivered more than 50% of CPG market growth since 2013

Study finds consumer confidence makes big impact on e-commerce growth

Report: Key to M&A success is consumer, shopper approach

Study finds consumers still turning to private label, despite growing economy

Study: 46% of CPG growth comes from small companies

Study: Next generation drives product innovation

IRI, Ascential’s One Click Retail join forces to enhance omnichannel data measurement, insights

Refrigerated & Frozen Foods Magazine

2019 July