2023 was a huge year for the milk alternative market! Earlier this year, we debuted new data from Whipstitch Capital and SPINS that shows plant-based milk is now in up to 44 percent of US households (a 10 percent increase from previous years). We are now reaching the much-anticipated consumer “tipping point” – 50 percent household penetration. Read more here - https://bit.ly/3SdEVSX

Polarization of premium vs value we see across all sub-sectors of consumer goods here deep dive on food industry

Facing rising food costs? 🍞🍎 You're not alone! 69% of global consumers expect a hike too. But chin up! 💪 Despite shrinkflation and skimpflation, we can beat this together. Let's shop smart and stay positive! Also, share your opinions on topics that are important for you in Ipsos iSay surveys. Check for surveys now! www.ipsosisay.com   #FoodCosts #ConsumerPower #StayOptimistic 🌎🛒🌞

Shrinkflation and skimpflation are not just buzzwords, they're affecting consumers worldwide. From your favourite snack to everyday essentials like bread and yogurt - sizes are shrinking but prices remain the same. Businesses may see this as a clever strategy, but consumers are noticing. Let's strive for a marketplace that values quality, fairness, and transparency.   Read more here: 👉 https://lnkd.in/dPJUHuFg 👉 https://lnkd.in/dBA6UnxZ   #society #inflation #marketingresearch Ipsos in Switzerland

Are you talking about these hot-button topics with your team?: Food Inflation Shrinkflation Skimpflation Although the rate of price increases is slowing, food shopping in North America still takes a toll on most wallets. Learn how expanding your brand’s plans for food innovation can help.

Introducing the Top 10 Fun Facts from The Power of Meat 2024 In our first featured video, Anne-Marie Roerink of 210 Analytics, LLC discusses the nuanced changes in consumer behavior within the meat department due to ongoing inflationary pressures. Despite generating $99 billion in sales with 98.2% household penetration, the meat sector faced a challenging year with flat dollar sales growth (0.1%) and a 1.0% decrease in pound sales year-on-year. A significant 81% of consumers have altered their meat purchasing habits, focusing on reducing food waste and cooking larger meals to extend their budgets further. Despite these challenges, 9 in 10 consumers express willingness to splurge on meat for special occasions. Watch as we explore these trends and what they could mean for the future of meat retail. 🥩📊 #ThePowerOfMeat2024 #MeatIndustry #ConsumerInsights #MarketTrends FMI- The Food Industry Association

Shrinkflation: How Products Get Smaller While Prices Stay the Same Have you ever noticed that your favorite snacks, drinks, or toiletries seem to shrink over time? You’re not imagining it - it’s a phenomenon called shrinkflation. Learn what causes shrinkflation, how it affects consumers and businesses, and how to spot it in this article. https://lnkd.in/gTbPHbHJ #FinGlimpse #shrinkflation #Inflation #Economy

So encouraging to hear from The Grocer about the growing awareness of Ultra Processed Foods and how health is very much back on the agenda! An incredible 1 million people are turning their backs on UPFs every month, paying more attention to ingredients listed on the back of bags you can't pronounce and food being transformed into something so radically different to what it started out from. Let's hope this trend keeps growing as more evidence of the the health threats posed by UPFs and HFSS foods emerge. https://lnkd.in/eFP9Q2iC

This video summarizes my thesis research question while evoking a crucial concept: food democracy.

Harder Cheese Market: Consumer Trends and Future Opportunities 2024-2030 | Survey by QYResearch https://lnkd.in/g99_6USb #marketanalysis #marketresearch #marketresearchreports #businessintelligence