According to multiple financial studies, China is on track to become the world’s largest economy, taking over the US’s number one slot for consumer spending.
Competitive factors make the beverage category fascinating to watch, especially as iconic brands go head to head with smaller brands competing for a piece of the consumer’s dollar.
With 98 percent of consumers aware of omega-3 oils, an increasing amount of people are more likely to purchase products containing ALA, EPA or DHA, according to Cargill’s recent Fatitudes research.
With Halloween creeping right around the corner, consumers are stocking up on chocolate and candy for trick-or-treaters. But what is America’s favorite candy? According to a recent survey by The Hershey Company, Reese’s Peanut Butter Cups ranked as the overall favorite for US consumers.
After a 10-year hiatus, Mars Chocolate North America has decided to bring back M&M’s Crispy Milk Chocolate Candies, a favorite for some who were never ready to say goodbye.
The global demand for milk is expected to surge by 36 percent in the next decade, overtaking supply which will require producers in developed and emerging dairy markets to take on a balancing act to ensure sustainable success, according to the 7th Dairy Index released by Tetra Pak.
Consumers of specialty foods are spending more money on products this year, but the millennial generation is leading growth as younger consumers are dropping more money for specialty snacks and on-the-go meals, according to new research from the Specialty Food Association.
In honor of National Coffee Day Monday, convenience retailer Cumberland Farms asked consumers what they would be willing to do—or give up—to ensure their daily coffee fix.