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Recent Articles

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Bloomberg Intelligence reports global pet economy to reach $500 billion by 2030; pet food industry expected to grow to $146 billion, pet pharmaceuticals to over $24 billion

McVitie’s launches several new products, including limited-edition Cola spin-off for Jaffa Cakes and expansion of Chocolate Digestives lineup; boost in new product development comes as industry fights to win back shoppers from private label

McKinsey finds 90% of people have no plans to reduce dairy purchasing behavior over next three years; consumers also prefer store-branded items, as private labels for butter, cheese and yogurt outpace brand names in 10 of 15 dairy categories

UK's Wrap sets out new action plan for supermarkets to sell 30% of products as refills by 2035; by end of 2025, supermarkets must identify at least one key food category that could switch the entirety of its operations to refillable or reusable packaging

Dairy sales are increasing despite price declines; private label drives growth with over 50% market share in whipped toppings and 50% of dairy sales in first half of 2024

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