It’s no wonder legal cannabis products are poised to become the largest growing new consumer packaged goods (CPG) segment in the U.S. Major changes to the business landscape are coming as a result ... and many have already begun. Here are six things that will change in the CPG industry as a result.
New solutions continue to be developed by multiple Task Forces and Solutions. Currently, available OpX Leadership Network solutions and best practices are divided into three streams and nine specific topics (as shown in July’s column).
When the global COVID-19 pandemic hit, PMMI used its position as the convener of the makers of goods along with their packaging and processing suppliers to consistently monitor the effects on the industry and provide avenues to keep parties informed.
The impact of COVID-19 will likely last for quite a while and with it, the rise of in-home food and beverage consumption will continue for the foreseeable future.
Whenever I see toys packaged in blind box packaging, it reminds me of collecting trading cards as a kid and that feeling of wanting the entire set, but knowing the likelihood of that happening was directly tied to how much allowance money I was willing to invest.
The novel coronavirus pandemic has seen various food and beverage trends change drastically from pre-COVID. Consumers didn’t take to it well in March, but mid-summer they have seemed to settle into the “next normal.” Here are some of the most notable trends from this year, along with the Top 100 List on the following pages.
Along with the health threats of COVID-19 came a host of unpleasant impacts to daily life, such as shortages. Retailers were unable to keep up with the demand for staples like toilet paper, paper towels, etc..
Behavioral research firm, InsightsNow, is sharing research focusing on consumer motivations and shopping behavior during the current pandemic. This wave of the ongoing study, “COVID-19 Tracker on Clean Living Behavior,” delves into insights regarding consumer lifestyle disruption and the impact on interaction with brands.
Good packaging is always in demand but even more so during the pandemic, as more foodservice providers offer takeout and delivery. Acquiring adequate supplies at a reasonable price is challenging, reports Restaurant Hospitality.
Expansion is an essential part of any solid growth strategy. While it’s important to expand into new sales channels and scale your operations, you also need to expand your product lines to truly achieve sustainable growth.