Gen Z consumers are less likely to view brands positively compared to other age groups, according to research from the market researcher Morning Consult.
While consumers continue to cut costs at the store amid rising prices, over half are willing to pay a premium for food that contributes to their health, according to recent data from Deloitte.
Next Gen Foods, a producer of alternative meats, has officially established its US headquarters in Chicago. The company has simultaneously opened a new R&D center in the city, created in partnership with The Hatchery Chicago.
Indulgent foods, including chocolates, confectioneries, savory snacks and ice cream, are likely to see a notable dip in retail sales as a result of inflation, according to market research firm GlobalData.
The rising costs of goods continues to shape consumers’ decisions as they choose to eat in and spend less at the store, according to recent data from recently merged market research firms IRI/NPD.
In order to evolve and adapt to ever-changing consumer expectations, businesses need to take an end-to-end approach toward digital solutions, said Lesley Salmon, global chief information officer at Kellogg Co.