SPINS | CPG Disruption in 2024: https://hubs.ly/Q02Cl30b0 The consumer packaged goods (CPG) landscape in 2024 is marked by significant disruption driven by innovative brands that are challenging traditional market leaders. These disruptions are not only transforming product categories but also reshaping consumer expectations. The evolution from “better-for-you” products (BFY) to those emphasizing sustainability and international flavors is a testament to this shift. For more information about how MSI Express is charting a path for success, reach out to Chuck Woods or Rob Carstens. MSI Express has 14 locations in 6 states to provide you with operational excellence & world class speed to market. MSI Express is a strategic, innovative contract manufacturing and packaging company. Our growing breadth of capabilities and trusted team of problem solvers are a perfect match for the challenges of today’s CPG world. https://hubs.ly/Q02ClhkM0 #manufacturing #supplychainmanagement #innovation #MSIExpress #foodindustry #foodmanufacturing #packagingsolutions #foodandbeverage #sustainability #packaginginnovations #petfood #petfoodindustry #inc5000list #snackfood #gummies #supplements #consumerbehavior #packaging #foodbusiness #foodandbeverageindustry #food #foodandbeveragemanufacturing #innovation #supplychain #contractpackaging #contractmanufacturing #copack #copackager #packaging #cpg #cpgindustry #comanufacturer #brand #energy #compliance #foodsafety #quality
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Great [licensed] flavors, but what else? While co-branded offerings are still in the early stages, supplement brands will soon need to realize that those licensed flavors alone won't be a big enough differentiation point for a material level of success. Eventually the energy drinks set still needs diversification (or some optionality), and you can’t have the whole cooler be these co-branded products. So, supplement brands (and retailers) will have to think more carefully about the placement and performance of individual SKUs. At the end of the day...it's just another product feature. #strategy #trends #markets #fmcg #cpg #supplements #sportsnutrition #beverages #food #licensing #innovation #productdevelopment #branding #marketing #merchandising #retailing #retail #business #businessintelligence #entrepreneurship #consultants
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A recent survey highlights a renewed appetite for innovation in the snack industry, particularly for healthy, "better for you" formulations. 🌱🍪 This shift reflects growing consumer demand for nutritious options that don't compromise on taste. How can companies innovate to meet these evolving preferences? #FoodTrends #FoodInnovation #HealthySnacking #ConsumerTrends https://lnkd.in/g8vqSM9k
Now is the time for brands to elevate the innovation game
bakeryandsnacks.com
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A recent survey highlights a renewed appetite for innovation in the snack industry, particularly for healthy, "better for you" formulations. 🌱🍪 This shift reflects growing consumer demand for nutritious options that don't compromise on taste. How can companies innovate to meet these evolving preferences? #FoodTrends #FoodInnovation #HealthySnacking #ConsumerTrends https://lnkd.in/gDY6Cwm3
Now is the time for brands to elevate the innovation game
bakeryandsnacks.com
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Human Resources Professional - Talent Acquisition | Leadership Hiring | Mid - Senior Level Hiring | Client Management | Talent Management
***FMCG Trends: Heightened Awareness of Product Ingredients*** In the dynamic realm of consumer goods, a significant trend for 2024 revolves around consumers' heightened awareness of product ingredients. Manish Aggarwal from Bikanervala Foods sheds light on this pivotal shift, emphasizing the importance of transparency and quality in ingredient sourcing. Link to article: https://lnkd.in/dacC3tjH Shaun F Jean Misquitta Willish Chettiyar Hansika Salian Dhruv Dubey #FMCG #Trends #ConsumerGoods #Transparency #Quality #IngredientAwareness
This is what the FMCG industry has in store for 2024 - CNBC TV18
cnbctv18.com
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RXBAR, LÄRABAR, and Planters represent some of the best selling CPG brands by estimated monthly revenue for the food ingredient 'CASHEWS'. Follow @globalsavors for more. #sustainable #groceryretail #foodandbeverage #cpgbrands #groceryindustry #Ingredients #Plantbased #cpg #bfy
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Welch's, Mott's, and Fruit by the Foot represent some of the best selling CPG brands by estimated monthly revenue for the food category 'Fruit Snacks'. Follow @globalsavors for more. #Ingredients #betterforyou #regenerative #foodstartup #Retail #cpgindustry #cpg #Plantbased
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BellRing Brands, Inc. Brands maintained its double-digit volume and sales momentum in the first quarter as the US protein business raised its outlook. #food #foodindustry #foodindustryinsight #foodnews #foodbusiness #foodbusinessnews #foodbusinessowner #foodmanufacturing #foodanddrink #foodandbeverage #foodandbeverages #foodanddrinks #foodanddrinkindustry #foodprices #foodproducts #foodproduction #foodinflation
BellRing Brands holds double-digit volumes on pricing reversal
just-food.com
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Ingredion drives E-commerce Innovation to meet CPG needs for Niche offerings In a pivotal shift, Ingredion, a leading ingredient supplier, has become a cornerstone for food and beverage manufacturers aiming to revitalize their product lines in response to a significant decline in volumes. CEO Jim Zallie highlights a 26% increase in customer engagement in their "idea labs" globally, which has been instrumental in driving Ingredion's record net sales of $8.2 billion in 2023. This surge in innovation and co-creation comes as companies adapt to changing consumer behaviors, emphasizing the need for novel products to attract buyers. Ingredion's diverse portfolio, including starch, sugar reducers, and plant-based proteins, featured in 70% of new global product launches last year, underlining its role as a problem solver and opportunity spotter for the industry. Despite destocking trends, Zallie remains optimistic about continued volume growth and emphasizes the importance of operational efficiency and supply chain agility. #EcommerceLeaders #Innovation #FoodAndBeverage #ConsumerEngagement #SupplyChainEfficiency #Ingredion https://lnkd.in/dAEbtN7T
Ingredion and CPG firms deepen collaboration to accelerate product development
fooddive.com
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What happens when you combine the top-selling brand in the convenient nutrition category (i.e. Premier Protein), a sales channel revenue diversification opportunity with 150K U.S. locations (i.e. Convenience), and a beverage portfolio that’s recently shown an affinity for strategic partnerships (i.e. KDP)? That word problem might sound vaguely familiar if you watched our BellRing Brands, Inc. quarterly earnings breakdown from last month. Well…after getting positive feedback about wanting further exploration of that wild idea, here’s a link to that content ➡ https://bit.ly/3RQ0sAH P.S. - We also ran through an extensive list protein RTD beverages categorical insights in that content! #strategy #trends #markets #fmcg #cpg #beverages #protein #supplements #sportsnutrition #sales #distribution #cstore #retailing #retail #grocery #merchandising #businessintelligence #business #entrepreneurship #consultants
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Developing products can have setbacks, especially in uncertain times. A number of #food and #beverage brands experienced this as they ramped R&D back up this year. In this piece by Gabriela Barkho, we speak to Amy Zitelman of Soom Foods, and Christopher Jane of Proper Good.
CPG brands are ramping up product development in 2024
https://www.modernretail.co
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