How Nerds Gummy Clusters Became a Sweet Success Story When Ferrero acquired Nestlé’s candy business for almost $3 billion in 2018, it gained popular brands like Butterfinger, Baby Ruth, and 100 Grand. However, it’s Nerds, a brand often overlooked by…
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Article Summary: Despite significant progress in increasing recycled content in plastic packaging, many consumer packaged goods companies are unlikely to meet their 2025 goals by the end of the year, as highlighted in a recent Ameripen report focusing on food…
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As consumer spending tightens, the snacking industry is feeling the impact. Major food companies like PepsiCo, Mondelēz International, and The Campbell’s Company are experiencing a slowdown in snack sales due to inflation and economic uncertainty, causing consumers to cut back…
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Welcome to our roundup of exciting product launches that caught our eye. From unique flavors to innovative collaborations, here are some highlights from the latest offerings in the food and beverage industry. Pringles x Miller Lite: Grilled Beer Brat and…
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Key Points: Consumer egg prices reached a record high last month despite the fading bird flu outbreaks that had limited supply. In March, the average cost of large, grade A eggs was $6.23 per dozen, marking a 5.9% increase from…
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Key Points: Private label sales reached a new high of $271 billion last year, growing by 3.9% compared to 2023. Private label sales outpaced national brands, which only saw a 1% growth rate. All 10 food and non-edible departments tracked…
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Dive Brief: Beverage bottler Refresco has filed a lawsuit against Congo Brands, the owner of Prime, for allegedly backing out of an agreement to produce the hydration drink. Refresco is seeking $67.7 million from Congo Brands, according to a filing…