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| Mar 10, 2023 | The $242 Billion Global Corporate Gifting Industry: A research study by Snackmagic | Corporate gifting Insights Prior to the COVID-19 pandemic, the global corporate gifting market was estimated to be at $125 billion. Currently, the market has risen to be a $242 billion industry, which is expected to swell above $300 billion... |
| Oct 13, 2021 | The Multibillion-Dollar Dogfight Over Your Pet’s Prescription | Chewy counts a lot of fans among pet owners. Its next leg of growth—in pet healthcare—will depend in large part on charming another key demographic: veterinarians.
Pet healthcare accounts for roughly 30% of the $100 billion-plus pet industr... |
| Aug 31, 2021 | All Creatures Large and Small: A Boom in Market for "Other" Pets | |
| Jul 20, 2021 | The Online Grocery Market Nearly Tripled in 2020 | |
| May 20, 2021 | Holy Oatly! Oat Milk Company's IPO Raises $1.4 Billion | May 20, 2021 2 min read
Opinions expressed by Entrepreneur contributors are their own.
Oatly went public on the Nasdaq stock exchange on Thursday, capitalizing on surging worldwide demand for its products.
Shares were initially priced at $1... |
| May 18, 2021 | OPHECTRA REAL ESTATE AND INVESTMENTS LTD
Pioneering Meat 2.0: The Perfect Meat | Factory farming was instrumental in helping meet the world's demand for animal protein during the 20th century. As we move forward into the 21st, we should reflect on the impacts of factory farming and question how we will create a sustaina... |
| Apr 23, 2021 | Packaged Facts Analyst Weighs in on Oatly IPO | |
| Mar 11, 2021 | Home Baking Product Sales Up 24% to $26 Billion, reports Packaged Facts | |
| Mar 2, 2021 | Packaged Facts: CBD and 3 Pet Supplement Trends to Watch in 2021 | |
| Feb 24, 2021 | Pet parents are looking for more than just a reward for their furry friends | (BPT) - As many pet owners have spent more time at home during the pandemic, there has been an opportunity for dog lovers to enhance their relationship with their pet, like they never have had before. Thanks to newfound work-life balance an... |
| Feb 18, 2021 | Clean Labels and Ethnically Sourced Foods are Mattering More to Meat Eaters, reports Packaged Facts | |
| Jan 14, 2021 | Identity of Primary Plant-Based Food Consumers May Surprise, reports Packaged Facts | |
| Nov 24, 2020 | While Beyond’s New Healthy Burgers Emerge, Almost 25% of Americans Are Buying Meat Alternatives | A report commissioned by Herbalife Nutrition has found that around 23 percent of Americans have tried alt-meat products. The study also found that sales of plant-based products had increased by 35 percent since the beginning of the pandemic... |
| Nov 11, 2020 | Almost a Quarter of US Consumers are Eating Plant-Based Meat, Seafood or Poultry | Nearly one-fourth of US consumers report eating plant-based meat, poultry, or seafood products, according to a recent market research report by Packaged Facts which demonstrates that vegan alternatives are no longer niche and are widely ava... |
| Nov 10, 2020 | Packaged Facts: Pet Owners Working--and Playing--at Home Boost Sales of Durable Pet Products | |
| Nov 5, 2020 | Plant-Based Prepared Meals are Ripe with Opportunity, finds new market research report by Packaged Facts | |
| Sep 23, 2020 | Americans are gravitating to coffee, drifting from energy drinks for fuel during pandemic, Packaged Facts finds | The slowdown in energy drink sales and corresponding uptick in coffee consumption can be traced back in large part to shifts in where consumers are shopping during the pandemic, but also to their emotional needs and the corresponding benefi... |
| Sep 16, 2020 | 5 Key Opportunities in the $29 Billion U.S. Pet Food Industry, according to Market Research Firm Packaged Facts | |
| Sep 16, 2020 | 5 Key Opportunities in the $29 Billion U.S. Pet Food Industry, according to Market Research Firm Packaged Facts | ROCKVILLE, Md., Sept. 16, 2020 /PRNewswire/ -- Throughout much of 2020, the U.S. pet industry has been living up to its recession-resistant reputation, with pet food actually benefiting as a result of short-term pandemic-related buying and ... |
| Jan 22, 2020 | To attract affluent shoppers, retailers across channels should mirror values from natural segment | The market intelligence firm reports in the research document Affluent Food Shoppers that the 42 million food shoppers with household incomes of $150,000 or more are “an essential consumer segment for food manufacturers, marketers, distri... |
| Jan 8, 2020 | Packaged Facts: Gen Z shoppers emerge as strong consumers of organic and natural foods | A new report by Packaged Facts , which surveyed 23,600 US adults, showed that interest in and consumption of organic and natural foods are highly dependent on age demographics and have less to do with income. In general, usage of organic ... |
| Oct 18, 2019 | Tips from Packaged Facts to boost cereal sales from reformulating to repositioning it beyond breakfast | Rather, the consumer research group suggests in its Global Breakfast Cereals report released this month that with a few small tweaks to formulas and product positioning brands and marketers can recapture the interest of shoppers who have v... |
| Oct 10, 2019 | North American breakfast cereal dominance being challenged | ROCKVILLE, MD. — While North America may have the largest share of the breakfast cereal market, its dominance is slowly being challenged by Asia, Europe and Africa, according to a new report from market research firm Packaged Facts.
In its ... |
| Jul 29, 2019 | Sun Basket expands beyond dinner to better reach 'all people in the US interested in healthy eating', says CMO | "Sun Basket is an industry leader in healthy-eating innovation, which is why expanding into meal occasions beyond dinner is a natural next step for us," said CEO and co-founder Adam Zbar in a statement.
Sun Basket's point of diff... |
| Jul 8, 2019 | Packaged Facts: How the affluent consumer shops | Affluent households (those with an income of $150,000 or more) collectively spend more than $100bn on food purchases each year – 74% more than less affluent households – making them an important consumer segment for the food industry, accor... |
| Jul 3, 2019 | Retail Market for Meat Substitutes and Alternatives Now a Billion Dollar Industry | Major opportunities remain in meat and poultry, though not in the usual ways or for the usual players, according to U.S. Food Market Outlook 2019, a report by market research firm Packaged Facts.
Leading players have tried hard to innovate ... |
| Jun 14, 2019 | Chewy looks to healthcare, private brands to reach profitability as a public company | Private label: Chewy has released three private label brands in total, the first of which launched in 2016. “Despite relatively little marketing behind these launches, customers have embraced these brands, resulting in rapid growth of our p... |
| May 21, 2019 | Meal delivery kit company Sun Basket raises $30 million to roll out new food products | You can’t beat the convenience of ready-to-prep foodstuff delivered right to your doorstep, which is why analysts at Hexa Research predict the global meal kit delivery segment will reach $8.94 billion by 2025 (up 17.15% from 2017). Rockvill... |
| May 21, 2019 | Meal delivery kit company Sun Basket raises $30 million to roll out new food products | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
You can’t beat the convenience of ready-to-prep f... |
| Feb 18, 2019 | Packaged Facts: What are the disruptive food trends for 2019? | In its latest research, Packaged Facts focused on the core disruptive trends occurring across all retail channels in 14 food categories: cereal, chocolate candy, cookies, fresh bread, fresh packaged salads, frozen dinners/entrees, frozen ... |
| Jan 17, 2019 | Trend influence shifts toward up-and-coming global markets | ROCKVILLE, Md. — While North America and Europe remain top dogs in the global pet food market, a recent report by Packaged Facts indicates other countries, particularly in South America and Asia, are gaining market share and influencing tre... |
| Jan 11, 2019 | Meal kits go super-express: Sun Basket, Purple Carrot, and Home Chef introduce time-saving meal options | A recent Packaged Facts report authored by Cara Brosius, an industry analyst with the Freedonia Group, described the enthusiasm American consumers first had for the meal kit segment, but found that the category has struggled and must addr... |
| Jun 22, 2018 | Soup-To-Nuts Podcast: What is next for gluten-free, and how can allergy claims help boost sales? | According to Packaged Facts, US retail sales of gluten-free products grew an astounding 81% in just one year in 2013, but by the next year growth had dropped to 30% and by 2015 was down to 11%. The consumer research firm projected that by ... |
| Jan 16, 2018 | Quality and price propel Trader Joe’s to the top of dunnhumby’s retailer preference index | The RPI rankings, which are based on online survey data from 11,000 US households, coupled with financial performance data, validate what dunnhumby has been saying for years, that “the most customer-centric retailers perform the best fina... |
| Oct 13, 2017 | More than a quarter of Millennials are interested in probiotic foods and beverages, survey finds | The global probiotics ingredient market is worth approximately $2bn in 2017, with the market growing at a compound annual growth rate (CAGR) of 7.7% annually through 2025, according to Packaged Facts’ Probiotics and Prebiotics: Food and Bev... |
| Jun 4, 2017 | Blue Apron prepares for IPO: ‘We have reimagined the traditional grocery business model’ | In a prospectus filed with the SEC ahead of an initial public offering (IPO), Blue Apron notes explains that it has “experienced net losses in each year since our inception,” and anticipates that its operating expenses and capital expe... |
| May 25, 2017 | Soup-To-Nuts Podcast: Evolving views on breakfast create challenges, opportunities for CPGs | According to research from Packaged Facts, the idea that a healthy breakfast offers a strong start to the day is still “a cultural force” that offers manufacturers significant marketing ammunition – especially when paired with messages ab... |
| Apr 9, 2017 | Clean label reformulations can buffer frozen food sales’ slow but steady decline | Frozen food sales dipped by 0.1% in 2016, consumer data company Packaged Facts noted in its recently published report. The category overall is expected to have a compound annual growth rate of -1.2% in the 2016-2021 period.
Its decline is... |
| Feb 28, 2017 | BeeHex cooks up $1 million for 3D food printers that make pizzas | The phrase “3-D printer” typically brings to mind devices that churn out plastic objects like jewelry, toys, hardware prototypes or even prosthetics. Now, a startup building a 3-D food printer, BeeHex, has raised $1 million in seed funding ... |
| Feb 6, 2017 | Pulse snacks gain traction, but still trail other better-for-you options, Packaged Facts finds | Sales of pulse-based snacks, including those featuring chickpeas, peas and other legumes, grew 8% in the year ending Oct. 30, 2016, Packaged Facts says in a new report released in January. In particular, it adds, chickpea-based pulse snack... |
| Sep 29, 2016 | ‘Garden produce’ drives innovation in retail, says Packaged Facts | “More than non-GMO, more than local, organic, or natural, more even than low price, consumers value freshness in food—and nothing says freshness like garden-fresh vegetables or fruit,” said market research publisher Packaged Facts in its b... |
| Aug 15, 2016 | When it comes to grocery shopping, children have a lot of clout | “The parents might bring home the bacon, but it’s probably the kids who pick the brand,” Packaged Facts said, adding that “children have a disproportionate sway over household grocery purchases and decisions.”
Assessing trends over a ten-... |
| Aug 14, 2016 | Food gifting market will approach $18 billion in 2016, says Packaged Facts | Packaged Facts defined food gifts - sales of which it predicts will rise 3.5% in 2016 - as any presentably pre-packaged edible good that is not homemade. In this large scope, the report’s sales numbers included purchases by individuals who ... |
| Jun 14, 2016 | Plant-based products target carnivores too, Packaged Facts report | Though whey may still have the crown for fitness proteins, plant-based alternatives are expanding rapidly. Last year, WhiteWave Foods bought Vega, the plant protein powder company, for about $550 million in cash.
After shining as a plant-b... |
| Jun 5, 2016 | DiGiorno rises to meet challenges facing the frozen pizza category | But frozen pizza category leader DiGiorno is not deflated by these trends – rather, it is rising to the challenge, just like it did 20 years ago when it launched its Original Rising Crust that revolutionized how consumers viewed and experie... |
| Apr 6, 2016 | Marketing children’s products without advertising to kids takes finesse & balancing parents’ desires | “Kids most definitely influence shopping behavior of their parents, with more than 36% of parents saying their children have a significant impact on the brands they choose,” according to a new report from Packaged Facts, which also found ... |
| Mar 3, 2016 | Americans’ demand for protein is evolving towards plant-based options, Packaged Facts finds | “Consumers notions of what constitutes a good protein source are expanding to include a wider variety of plant-protein ingredients,” in part because they increasingly are associated with better health for people, animals and the planet, ac... |
| Feb 9, 2016 | Asian noodles hold promise, but consumer education is needed, Packaged Facts says | “Generally speaking, consumers seek culinary variety and are open to change (as long as that change is not seismic), and have become more adventurous over time” – paving the way for more consumers to eat Asian noodles, which are “the perfe... |
| Jan 21, 2016 | Health & wellness concerns color consumers’ view of meat and poultry, Packaged Facts finds | Consumers increasingly are aware of high saturated fat and cholesterol levels in meat and poultry and the implications of these for their own health. But at the same time, they crave more protein and satiety, which many view as primary bene... |
| Jan 18, 2016 | Sales of sweet baked snacks slow, but single-serve holds promise, Packaged Facts finds | In a new report, it estimates the compound annual growth rate of packaged sweet baked goods, which hit $20 billion in 2014, will drop significantly to only 2.8% over the next four years to reach $23 billion by 2019. This is compared to th... |
| Sep 22, 2015 | Which ancient grains are gaining the most traction in the US food & beverage market? | Ancient grains is a loosely-defined** category covering grains, pseudo-grains and seeds that are ‘ancient’ in the sense that they have remained largely unchanged over hundreds, even thousands, of years unlike, say, modern wheat varieties.
A... |
| Aug 21, 2015 | The big business behind the local food | Consumers’ appetite for local foods is exploding. Overall, local foods generated $11.7 billion in sales in 2014, and will climb to $20.2 billion by 2019, according to Packaged Facts, a market research firm.
Not only has there been huge grow... |
| Aug 12, 2015 | 87% of consumers globally think non-GMO is ‘healthier’. But where’s the evidence? | And while products such as caramel color, starch, or oils and sweeteners from genetically engineered corn may be nutritionally and chemically indistinguishable from their non-GMO counterparts, 63% of consumers think they are “less safe to e... |
| Apr 9, 2015 | Now On Android, Handpick App Helps Shoppers Create Better Grocery Lists | Handpick lets you figure out what dishes you can make with a few ingredients, but it aspires to be much more than a recipe discovery app. With the data gleaned from its users and by combing through millions of food postings on social networ... |
| Mar 23, 2015 | Can oatmeal save the cereal industry from slumping sales? | “The breakfast goods business is … a lucrative industry in America with an estimated net worth of $7.7 billion in 2014,” but the portion of this going to cold cereal fell 3% from 2001 to 2010, according to research published by Companies ... |
| Feb 2, 2015 | Improved packaging, natural ingredients will help frozen foods hold their own | In a new report it explains that sales of frozen dinners, side dishes, appetizers and snacks fell a slight 0.3% in 2014 to $22.3 billion from 2009, but will more than make up the difference with a projected 0.8% increasing compound annual ... |
| Jan 13, 2015 | Increased snacking reshapes marketing strategies | “Snacking is a mainstream trend that has gathered force over time” with more American’s snacking between meals and even as meals, forcing “retail and food service purveyors to cater to this trend with an increased number and variety of ‘sn... |
| Jan 8, 2015 | 5 street foods influencing restaurants, CPG products | The percentage of U.S. adults who prefer fast food to cooking at home rose to 9.1% in 2014 compared to 8.1% in 2008, the market research group notes in a recently released report. While this may seem like a small change, its significance i... |
| Dec 23, 2014 | ‘Protein is the hottest functional food ingredient trend in the United States’: Packaged Facts | The new report, Functional Foods: Key Trends & Developments in Ingredients, identifies four drivers for functional food ingredient trends: More health-engaged consumers; healthier snacking driven by Millennials; aging Baby Boomers; an... |
| Sep 30, 2014 | Convenience and health driving growth in $25 billion branded refrigerated meals and meat market: Packaged Facts | Meat and meat-based products are America’s #1 protein source, with ‘convenient’, ‘healthy’, and ‘creative/new’ the watchwords for the sector, according to the Branded Refrigerated Meats and Meals: U.S. Market Trends report.
The report, au... |
| Aug 20, 2014 | Chasing umami: the rise and rise of fermented food | The popularity of fermentation owes largely to flavor, given its role in bringing the elusive “umami” factor—the subtle, salty flavor known as the fifth taste—to iconic condiments worldwide, from fish sauce, gochujang, miso, and soy sauce t... |
| Aug 4, 2014 | Health reviving mature frozen desserts category: Packaged Facts | Although growth opportunities are hard-won in this stable market, a renewed focus on health and nutrition alongside its longstanding pillars of fun, nostalgia and indulgence will reinvigorate the category, according to market research firm ... |
| Jun 29, 2014 | The children are our future (in tea), says Packaged Facts | Growth in the tea market is projected to reach $25 billion by the end of 2014, with roughly $6.2bn projected to come from retail sales and the rest from foodservice, according to the report titled “Tea and Ready-to-Drink Tea in the U.S.”. H... |
| Jun 18, 2014 | Macho yogurt, nuts & eco-eating: why there’s still growth in protein | Health professionals and nutritionists generally agree that the typical Western diet includes enough protein to ensure proper growth, immune, heart and respiratory function. The current upsurge of interest in protein thus goes beyond basic ... |
| May 5, 2014 | Packaged Facts: Younger adults might be immersed in the coffee house culture, but they don’t drink as much coffee as we think | In its new report, ‘Coffee and Ready-to-Drink Coffee in the U.S.’ Packaged Facts says: “18- to 24-year olds emerge as the least engaged age demographic” and are “most likely to exhibit infrequent coffee consumption”.
It notes: “It is of... |
| Sep 16, 2013 | Packaged Facts: Non-GMO foods will account for 30% of US food and beverage retail sales by 2017 | However, should GMO labeling become mandatory, non-GMO sales could account for up to 40% of the market by 2017, according to Non-GMO Foods: U.S. Market Perspective, which predicts that demand for organic and natural foods will drive much o... |
| Aug 22, 2013 | Eco-eating goes mainstream, says new report. From tofu and sustainable seafood to insect protein | In their Eco Eating Culinary Trend Mapping Report, market researcher Packaged Facts and consultant CCD Innovation explain that consumers are now looking to restaurants, hotels and stores of all kinds for more eco-friendly food choices.
Ec... |
| Jul 31, 2013 | DuPont launches new protein/fiber combo as nutrition bar demand soars | According to results of the 2013 IFIC (International Food Information Council) Food and Health Survey, 68% of consumers consider fiber content when purchasing foods and beverages, while 63% consider protein.
And protein- and fiber-rich nutr... |
| Apr 22, 2013 | How mango hit the mainstream… Trend mapping with fruit | ‘Fresh Takes on Fruit’, the latest culinary trend mapping report from Packaged Facts and CCD Innovation, examines fruit-based trends just starting to gain momentum plus those now firmly established in retail and foodservice markets.
Stage ... |
| Apr 11, 2013 | Is the decline in US meat consumption terminal? | According to its new report ‘Meat and Poultry Trends in the US’, US retail sales of meat and poultry products topped $85bn in 2012, up from nearly $73bn in 2008, representing a 17% increase.
However, volumes over the same period went down ... |
| Feb 22, 2013 | Packaged Facts on the hottest food trends of 2013: Pulses, popped whole grains, quinoa, almonds and high-protein breakfasts | In a new report, Food Formulation and Ingredient Trends: Health & Wellness, Packaged Facts says we can expect to see more activity in the following areas as manufacturers try to develop products consistent with the Dietary Guidelines f... |
| Feb 4, 2013 | The evolution of energy drinks: What next for Monster, Red Bull and 5-Hour Energy? | In ‘Energy Drinks and Shots: Market Trends in the U.S’, market researcher Packaged Facts says US energy drink/shot usage rose from around 13% in 2006 to 17% in 2012, and predicts the market will be worth a whopping $21.5bn by 2017.
However... |
| Oct 30, 2012 | Private label sales hit $98 billion on 6% growth, report says | The days when a store brand meant “barely acceptable quality” are long behind us. The current generation of private label brands, including some of the higher-end, differentiated labels, have helped many shoppers adhere to a budget in hard ... |
| Oct 21, 2012 | Gluten-free myth busting: There is no biomarker for gluten sensitivity, says researcher | While there is “no scientific basis” behind this theory, the belief that a gluten-free diet will help you lose weight and improve your health - even if you don’t have celiac disease - continues to gain momentum as more celebrities promote ... |
| Jun 6, 2012 | Trendwatch: Hot and spicy, from Hatch Chiles to Gochujang | 'Heat & Spice: Culinary Trend Mapping Report' ranks flavor trends into one of five categories.
Stage one signifies a trend that is "just gaining traction among creative chefs and adventurous diners", while stage five indicate... |
| Oct 25, 2011 | A healthcare Groupon? Gluten free tries deep discounts | This is his first business, but Pitonyak is no stranger to being his own boss — he’s been working independently for 12 years as a sales and recruiting contractor in the IT industry. He’s starting small by targeting just Twin Cities restaura... |
| Aug 31, 2011 | Stevia market share to explode in 2011, says report | In a new report on sugar and sweetener trends in the US, the market researcher estimates that sales of stevia will rocket from $210.6m in 2010 (1.8% of an $11.736bn retail and wholesale sugars and sweeteners market) to $1.192bn in 2011 (9.... |
| Jan 19, 2009 | Generation Y is driving food trends, says report | Generation Y refers to people born between 1980 and 2000, a generation also known as the Millenialls, Generation Me, or the Echo Boomers and counting some 75m consumers in its ranks.
According to the new report, produced by Packaged Facts i... |
| Aug 28, 2005 | Coffee surpasses fruit and veg as dietary antioxidant source | The research, presented yesterday at the national meeting of the American Chemical Society, involved analyzing the antioxidant power of 100 foods and beverages common in the American diet and comparing this to a USDA database on estimated p... |
| Jun 28, 2005 | Diet candy market quadrupled in two years | Indeed, a major factor, according to Market Trends: Diet Candy, a new report from market research firm Packaged Facts, has been the increasing versatility of many artificial sweeteners, allowing for new combinations of flavor, texture, and... |
| How the Mexican-American family behind Siete’s grain-free tortillas hit $200 million in annual sales | As a teenager in southern Texas, Veronica Garza thought she’d never be able to enjoy a family dinner again.
Diagnosed with lupus, her grain-free diet took many of the foods she’d grown up eating with her Mexican-American family off the tabl... |
| A healthcare Groupon? Gluten free tries deep discounts | A Minnesota entrepreneur is taking the the deep-discount group-purchasing business into consumer health in what he describes as the “gluten-free Groupon.”
When J Scott Pitonyak was diagnosed with celiac disease two years ago, he took up a g... |
