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Packaged Facts identifies key trends in food industry for 2024, including value-seeking consumers driving surges in private-label options; sustainability also trending, with plant-based options, clean labels and sustainable supply chains in high demand
Published: May 08, 2024 by The Freedonia Group Inc.
Commentary: Escalating living costs, global economic uncertainties spur consumers to seek economical solutions that offer added benefit of convenience; discounters, e-commerce and online marketplaces to benefit, but department stores likely to lose share
Published: May 06, 2024 by Euromonitor International Ltd.
Outgoing Woolworths CEO Brad Banducci says cost-of-living pressures are now the main concern for shoppers, who have become much more 'promotionally sensitive' in recent months
Published: May 02, 2024 by Australian (Abstracts)
GlobalData: Sales at Amazon online stores up 7% in Q1 despite competitive pressure from Shein and Temu, as Amazon remains focal point for shoppers seeking value; Prime members likely leaning more heavily into Amazon to maximize their subscriptions' value
Published: May 01, 2024 by International Business Times
Packaged Facts: Pet industry can help pet owners adapt to economic challenges by offering cheaper store brand products, flexible payment options, DIY pet care products and services; high-quality products still essential, as pet health remains top priority
Published: April 25, 2024 by The Freedonia Group Inc.

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