Monday, June 18, 2018

Specialty Foods Sales Growth Vastly Outpaces All Food at Retail

Specialty foods - granola bars
Between 2015 and 2017, specialty food saw sales growth of 12.9%, compared to 1.4% for all food at retail, according to the State of the Specialty Food Industry 2018 report from the Specialty Food Association. That brought the total market share for specialty foods up...

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Specialty foods - granola bars

Specialty Foods Sales Growth Vastly Outpaces All Food at Retail

Between 2015 and 2017, specialty food saw sales growth of 12.9%, compared to 1.4% for all food at retail, according to the State of the Specialty Food Industry 2018 report from the Specialty Food Association....
healthy food

Food Prices Hold Steady in May: CPI Report

May’s food prices remained unchanged, according to the latest CPI data. The index for food at home fell 0.2% in May, swinging the pendulum back from a sizable increase in April. Nonalcoholic beverages was...
Business people

U.S. CEOs Feel Confident, Still Struggle to Reach Millennials: KPMG Report

Almost all (98%) U.S. CEOs are confident about their companies’ growth prospects, according to the KPMG 2018 U.S. CEO Outlook. At the same time, they’re forecasting only moderate growth in revenue while acknowledging challenges...
Budweiser delivery truck

Anheuser-Busch, Nestle, and PepsiCo Are World’s Largest Food and Beverage Companies

Move over health food. Consumers want beer and chocolate, Forbes says. This year’s Forbes Global 2000 list identifies Anheuser-Busch InBev as the largest food and beverage company in the world, displacing Nestle, which is...
Food industry workers

Employment Challenges Remain as Industry Continues to Grow: ISM Report

“Very difficult to hire skilled and unskilled labor.” That’s the representative quote from food, beverage, and tobacco industry respondents in the May 2018 ISM report. Employment challenges were also top of mind in March...