consumer

Consumer confidence is under threat as prices of everyday essentials continue to rise due to the conflict in Iran, according to Mondelēz International’s CEO. Dirk Van de Put, during the Oreo maker’s first-quarter earnings call, expressed concern over the impact…

Important Update on Lawsuits Against Packaged Food Giants Recently, major packaged food companies such as Kraft Heinz and PepsiCo have found themselves embroiled in a consumer lawsuit alleging that their products are intentionally designed to be addictive. The lawsuit, filed…

Mondelēz International’s CEO expressed concerns about the impact of the Iran conflict on consumer confidence and the rising prices of everyday essentials. During the company’s first-quarter earnings call, Dirk Van de Put highlighted that shoppers are feeling anxious due to…

Nestlé’s Innovative Approach to Product Development Nestlé is known for its constant innovation across various product categories. The consumer packaged goods (CPG) giant is venturing into at-home condiments with the launch of Minor’s Kitchen, a new brand under its Minor’s…

Food manufacturers in the U.S. are cautioning about a prolonged period of reduced spending due to inflation and ongoing global uncertainty, which is leading budget-conscious grocery shoppers to cut back on buying cereal, chips, and cookies. Despite efforts in innovation,…

Consumers are Driving Innovation in the Food Industry With access to more information than ever before, consumers are reshaping how food manufacturers approach innovation. In a landscape where shopper preferences are rapidly changing and inflation is impacting spending habits, innovation…

Healthy Drink Choices: A Key Component of a Balanced Lifestyle When it comes to maintaining a healthy lifestyle, diet and exercise are essential factors. However, the beverages we choose to consume also play a significant role in supporting our overall…

Key Points: Consumer sentiment in July reached its highest level in five months, with pessimism for the short-term business outlook easing and expectations for inflation in a year falling to 4.4% from 5%, according to the University of Michigan. Household…

With climate conditions becoming more volatile and unpredictable, and the global population continuing to rise, the strain on our natural resources has never been greater. The challenge we face today is not just about feeding more people, but also about…

Key Takeaways: Recent surveys show that consumers are now more willing to pay higher prices for eggs compared to earlier in the year. The percentage of people willing to pay over $5 per dozen eggs has nearly doubled since January,…