As Senior Citizen Demo Grows, CPG Companies Take Note
The number of people aged 65 years or older has surpassed those under five globally for the first time since 2018, according to United Nations data. The number of countries with over 20% of the …
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Food Industry Targets Sustainability
Several major food companies have recently announced new better-for-the-planet initiatives. Nestle Nestle will invest $3.6 billion over the next five years in an effort to fight climate change and plans to halve its carbon emissions …
Interest in Delivery Companies Continues
Ahold Delhaize will acquire a majority stake in FreshDirect, with plans to accelerate its growth online and around New York, reported Winsight Grocery Business (Nov. 18). The acquisition will allow Ahold Delhaize to begin its …
Have the Coffee Wars Come Home?
The COVID-19 pandemic has turned the world upside down, but that hasn’t stopped the global consumption of roughly 2.25 billion cups of coffee per day. What has certainly changed during this 2020 crisis is how …
Food Companies Shifting From Investors to Owners of Startups
Industry heavyweights are taking ownership of the startups they invested in. Nestle has gone from stakeholder to full ownership of Freshly, a company that delivers fresh, chef-cooked meals to customers on a weekly basis. The …
Nutrition and Health Businesses Taking Center Stage
Nothing has been more impactful in 2020 than how the COVID-19 pandemic has altered the way people view their lifestyles. Consumers are becoming increasingly more cognizant of the importance of health and well-being for themselves …
Immunity-Boosting Products Attract Consumers
Six out of 10 global consumers are increasingly looking for food and beverage products that support their immune health, with one in three saying that concerns about immune health increased in 2020 over 2019, according …
Nestlé & Coca-Cola Refresh Beverage Portfolios
An insider says Nestlé SA will sell some of its American water brands, which include Pure Life, Poland Spring, and Deer Park, reported Reuters (Oct. 15). The brands being sold, which also include Deer Park, …
How CPG Companies are Strategizing to Thrive During Pandemic
Consumer packaged goods (CPG) companies, such as Mondelez and Nestlé, are finding new opportunities to stay competitive and succeed during the pandemic. Mondelez Mondelez International has been successful in direct-store delivery (DSD)—a logistics fulfillment system …
Lawsuits Abound Over Misleading Food Labels
Food companies have been in hot water recently over their product labels either misleading consumers or not providing enough product information. Frito-Lay Frito-Lay faces at least two lawsuits over the flavor of its chips. After …
World’s Biggest Plastic Producers Accused of ‘Hypocrisy’ Over Pledges
Coca-Cola, PepsiCo, and Nestlé made public pledges to cut plastic while undermining sustainability reforms behind the scenes through lobbying groups and trade associations, a report from Changing Markets Foundation claims. It accused the world’s largest plastic polluters of hypocrisy, …
Plant-Based Continues into Mainstream
CPG companies have been expanding their plant-based offerings to compete with brands such as Impossible Foods and Beyond Meat. The Kellogg Co. partnered with Walt Disney Co. to launch Mickey-Mouse shaped Incogmeato chick’n nuggets, reported MarketWatch (Sept. …
Nestlé Buys Aimmune for $2.6B to Combat Food Allergies
In an effort to expand its health sciences business, Nestlé SA agreed to buy the rest of the partially owned biopharmaceutical company Aimmune Therapeutics Inc. for $2.6 billion, reported The Wall Street Journal (Aug. 31). …
Reshaping Nestle’s Portfolio
Nestlé has recently been strategically updating its portfolio with new deals and acquisitions, as well as new areas of focus. In early June, the company revealed it was selling the North American business of its …
Coffee Market Heats Up
Sixty-four percent of Americans aged 18 and older surveyed in 2019 said they drink a cup of coffee every day, with 42.9% doing so just because they like the taste, according to research from MyFriendsCoffee. …
Food Companies Pivoting to Direct-to-Consumers Models
Food Institute Focus – Pivoting to Direct-to-Consumers Models
Top Plastic Waste Polluters Revealed
Food Institute Focus – Top Plastic Waste Polluters Revealed