Focusing R&D on marrying convenience and nutrition will be key for F&B manufacturers and processors to keep the consumer engaged, win the shelf space and maintain pricing power.
With two in three consumers reporting more fresh food purchases, retailers are increasing the space allotted to fresh foods in their stores.
November 13, 2019
Deloitte, New York, released the “Future of Fresh” study, which surveyed 2,000 consumers and 153 fresh food industry executives to gain insights into consumer behavior and how manufacturers and retailers can grow the fresh food category.
As a growing number of consumers research, purchase and engage with brands digitally, it will likely become imperative for consumer product companies to adopt newer technologies, or risk being outdated.
January 24, 2019
Deloitte, New York, released its 2019 Consumer Products Outlook report, which explores the biggest technology-driven trends in the industry.
Eleven technologies work together to create NextGen supply chains that are digital, on-demand and always-on.
April 11, 2018
In this fifth annual survey report on supply chain innovation, MHI, Charlotte, N.J., and Deloitte Consulting LLP, New York, teamed up to better understand the critical shift toward next-generation (NextGen) digital supply chains.
Companies in the consumer products industry are developing newer and bolder strategies to execute traditional levers against a backdrop of a more stable U.S. and worldwide economy.
January 16, 2018
The ability of companies in the consumer products industry to quickly adapt, innovate and differentiate themselves in the marketplace is often essential to success and driving brand growth.
Those who can adapt to bridge the digital divide and engage customers in store, online and via social channels stand to benefit from the growth in digital-hungry consumers.
September 28, 2017
Digital’s increasing influence on grocery is disrupting the consumer path to purchase, creating new opportunities for consumer products companies that can look beyond the in-store experience.
According to the survey, digital’s influence on grocery overall has nearly doubled year over year, and has similarly driven increasing impact on the in-store shopping experience.
September 14, 2017
More than half (51%) of grocery sales are digitally-influenced, according to “The Grocery Digital Divide: How Consumer Products Companies Can Deliver on the New Digital Imperative,” a new survey from Deloitte, Chicago.
80% of survey respondents believe digital supply chains will be the predominant model within five years.
April 6, 2017
Nine technologies are working together to create next-generation supply chains that are digital, on-demand and always-on. In fact, these supply chain models will soon become the new supply chain reality, according to the fourth in a series of MHI Annual Industry Reports developed by MHI, Charlotte, N.C., in collaboration with Deloitte Consulting, LLC, New York.
The number of companies reporting in 2016 increased over 30% compared to 2015.
March 14, 2017
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.