Mondelez executives see no reason to lower prices or increase promotions for their iconic sweets and snacks despite reported retailer requests that brands across the board do so as some consumers begin pulling back on spending in the face of ongoing inflation.
While the government’s plans to further support businesses have been welcomed, the Craft Bakers Association is disappointed by the lack of clarity, the Food and Drink Federation (FDF) and FDF Scotland would have liked to have seen more measures and Scottish...
The market researcher’s latest ‘FMCG Demand Signals’ has revealed that private labels now make up 36% of total FMCG value sales in Europe (€216bn) – up from 34% earlier this year, illustrating the extent retailers are trying to manage the impact of rising...
Ingredient Communications’ 2022 price sensitivity survey reveals the severity that consumers are going to cope with the rising costs of living, with the majority switching to cheaper brands and retailer’s own labels, or even stopping the purchase of their...
With the cost-of-living crisis raging unabated thanks to political volatility, it's only to be expected that ‘redefining value’ tops Innova Market Insights’ Top Ten Trends for 2023. With budgets stretched, consumers will increasingly seek out brand...
The UK woke up this morning (7 September) to a new leader and with hopes the new government will immediately take steps to alleviate the crushing living prices that are badly impacting consumers and putting industry at risk.
The Danish emulsifier specialist will be revealing the secrets of its bakery emulsifiers at IBIE 2022, which can help bakers snap spiralling costs by reducing the egg content of cake recipes.
Fresh milk and butter were key contributors from a list of dairy products that have pushed inflation in the food category, fuelling a higher overall CPI index than analysts had expected.
The past two years have been a rollercoaster for many food and beverage companies, who have had to deal with everything from a global pandemic to rocketing inflation, labor shortages, and massive disruption across their supply chains. So what does all...
The Mexican bakery giant reported a doubled second-quarter net profit and raised its sales and operating earnings outlook, citing strong demand from regions including the US and Europe.
Hershey’s higher-than-expected sales and market share gains in the first quarter is a double-edged sword for the confection and snack company – allowing it to raise its full year guidance but simultaneously straining inventory and increasing the company’s...
Emboldened by “sustained consumer demand” despite rising prices in the first quarter to the highest level since 2008, Nestle executives told investors yesterday that they will continue to pass on “significantly higher” than expected cost inflation to...
Despite strong organic sales growth and market share gains in the first quarter, Nestlé’s CEO warned market analysts yesterday against “excessive margin growth expectations,” and cautioned the company could raise prices later this year or early next to...
