Post Categories: November 2013

Global Industry News

With food prices expected to double in the next 20 years, 85 percent of shoppers worldwide plan to change their spending habits. In Europe, 35 percent plan to purchase more private-label brands, while in South Africa, 80 percent plan to cut back on discretionary items, like cookies, candy and soda. – The Nielsen Company
Diet sodas sales for the 3 largest U.S. brands have gone on a diet in 2013, dropping nearly 7 percent. Experts predict sales could drop as much as 20 percent by 2020, due in large part to consumer concerns about artificial sweeteners. –Food Navigator
In-store mobile apps are gaining in popularity in the U.K., with 46 percent of smartphone users and 62 percent of tablet users reporting they’ve used their devices to research in-store purchases. –Deloitte