The Nursery team has created over 1,400 products in 25 different categories, generating billions of dollars in revenue for its clients and partners over the last five years.
December 4, 2018
Nursery, a new purpose-built food and beverage incubator by Chew Innovation, Boston, Mass., re-opened the commercial cooking facility and consumer packaged goods incubator space at 630 Flushing Avenue in New York, formerly known as Pilotworks Brooklyn.
Changes in consumer demands and behavior, coupled with the availability of real-time consumer market information has made having machinery that can quickly handle changing packaging formats a high priority for producers.
The four major macro factors driving packaging trends for manufacturers of frozen food involve e-commerce, shifting global demographics, the growth of disposable income and the educated consumer.
In 2017, pricing grew by 1.4% and volume declined by 0.2%.
August 24, 2018
U.S. consumer packaged goods (CPG) companies experienced growth in 2017, according to a study produced by Information Resources, Inc. (IRI), Chicago, and The Boston Consulting Group (BCG), Boston.
While Hispanic buying power is concentrated in select markets, including New Mexico, Texas, California, Florida, Nevada, Colorado, New Jersey, New York and Illinois, their interest in new products is spread across retail departments.
June 11, 2018
The Hispanic community is the fastest-growing ethnic group in the nation and spends more than $94.7 billion on CPG products annually, according to a report released by IRI, Chicago.
To ease their struggles, shoppers are embracing a wide range of strategies, including comparison shopping, brand switching and price shopping.
May 22, 2018
The latest IRI Consumer Connect survey, released by IRI, Chicago, finds that consumers’ financial outlook has remained virtually unchanged during the past year.