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Sonoco, Hartsville, S.C., acquired Peninsula Packaging Co., an Exeter, Calif.-based manufacturer of thermoformed packaging for fresh fruit and vegetables, for $230 million.

New data from the Consumer Goods Forum (CGF), Silver Spring, Md., shows more than 180,000 consumer goods products were reformulated in 2016, while over 30,000 communities worldwide were involved in industry-led programs that promote healthier diets and lifestyles.

Visy, a packaging company based in Australia, and Water.IO, a provider of Internet of Things (IoT) smart packaging solutions, formed a strategic partnership to bring smart packaging to the region.

Consumers are paying less for grocery items in 2016, according to the latest data from Price-Trak, an Albany, N.Y.-based market research company specializing in price and trade promotion reporting of 150 standard categories.

Dramatic changes have taken place in spending allocation within the consumer packaged goods (CPG) markets, but the retailer and shopper impact is lagging, according to the 2017 Marketing Spending Industry Study, “Blinded by the Light,” released by Cadent Consulting Group, Wilton, Conn.

Building on the recent strategic alliance with Label Insight, Chicago, Nielsen, New York, launched Nielsen Product Insider, a retail and consumer measurement tool designed to transform on-pack nutrient and food ingredient labels into quantifiable attributes.

Lux Research assessed the most promising innovations for the next generation of packaging that can meet needs for healthier food, longer life and environmentally-friendly disposal.

This and other research was released in the latest The Why? Behind The Buy report, published by Acosta Sales & Marketing, Jacksonville, Fla., which details the choices and behaviors of grocery shoppers, as they look to enhance how they purchase and consume food.

Nielsen, New York, and Label Insight, Chicago, formed a strategic alliance to help bring clarity to food, beverage and non-food transparency for the consumer packaged goods (CPG) and retail industry.