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An example of a few headlines sent to our customers on Apr, 17 2023
Consumer packaged goods (CPG)

powered by Industry Intelligence, Inc.

April 17, 2023

Industry Roundup
 Packaged Food

Confectionery & Sweet Snacks

New York-based E S Foods recalls more than 1 million meal kits because animal crackers in the kits may contain bronze metal shavings; the recall was initiated on April 3 and is ongoing
Food Safety News (04/14)

Hershey announces limited-time offering of new Hershey’s Kisses Milklicious, featuring a creamy chocolate milk filling in the center of the candy; product is wrapped in light-blue foils adorned with little glasses of milk
Food Dive (04/14)

Savory Snacks

UK shoppers opting for frozen meat and meals such as pizza and chips as inflation continues to add hundreds of pounds to household grocery bills, according to new research from Kantar, which shows rising frozen food sales in the three months to mid-March
The Independent (04/14)

Forty-nine percent of US consumers say they eat three or more snacks a day, up 8% in the last two years, with consumers ages 18-34 having higher percentages, survey says
FoodNavigator.com (04/14)

Cocoa / Chocolate Products

Ferrero announces Brazilian launch of new Kinder Tronky snack, developed with a focus on Gen Z consumers, part of company's 24M real investment in the region
CE Noticias Financieras (Latin America) (04/14)

Bakery / Baked Goods

Frozen baked goods maker Frank Dale eliminates black plastic packaging from all products; products are now in clear recyclable rPET and recycled corrugated board, and the rPET contains 70% recycled plastics with a minimum 30% PCR supplied by Charpac
FoodNavigator.com (04/14)

Tropical Smoothie Cafe announces limited-time offerings of Strawberry Daiquiri Smoothie, Strawberry Hibiscus Lemonade Smoothie and Strawberry Balsamic Flatbread; menu items available through May 23
Nation's Restaurant News (04/14)

Fresh Foods

Volpi Foods announces new Eco-Pack for its cured meats, reducing plastic by 80%; Eco-Pack’s paper material is curbside recyclable once separated from its thin liner, and Eco-Pack's shelf life is equivalent to that of Volpi’s previous plastic packaging
Perishable News (04/14)

Frozen Food

Unilever's Magnum ice cream brand launches global campaign that focuses on reminding consumers that ice cream is a joy experienced only in the real world and not in the metaverse
FoodNavigator.com (04/14)

Dairy Products / Dairy Alternatives

Average retail price of milk in Mexico at 26.1 pesos/liter, up 13.4% from year-ago period, data shows; price up nearly 28% over the past three years
CE Noticias Financieras (04/17)

Banza Launches Vegan Mac & Cheese Made With Chickpea Pasta at Whole Foods US-Wide
Vegconomist (04/14)

Shelf-Stable Products

ProAmpac wins 2023 Flexible Packaging Achievement Awards for pouch for Scotts Miracle-Gro liquid plant food, compostable Metropolitan Tea Envelopes and Overwraps with barrier properties, and high-barrier paper sachet for Purition meal replacement powder
Business Wire (04/14)

Packaged Foods

Economist: US pandemic habits lead to lasting bump in packaged food consumption, as General Mills, Conagra, McCormick, others see rising sales; Americans still eat more meals at home than pre-Covid, and younger consumers less likely to trade down in food
Economist, The (04/14)

Euromonitor: Coffee and tea as commodities likely to see lower prices in 2023, but won't translate to consumers paying less at grocery stores, coffee shops; retail costs may remain high, affected by rising costs of energy, packaging, transport and labor
Euromonitor International Ltd. (04/14)

 Food Services

Quick Service Restaurants (QSR)

Ninety-two percent of US restaurant operators say they are likely to increase spending on new technology in the next 12 months, with 39% saying they 'definitely' will add new technology, according to report from Nation's Restaurant News
Nation's Restaurant News (04/14)

Barnes & Noble announces limited-time offering of the Just Egg Breakfast Sandwich, featuring Eat Just's plant-based folded egg topped with melted Violife dairy-free smoked provolone substitute and aïoli on a ciabatta roll for US$6.95
Nation's Restaurant News (04/14)

Fast-Casual Restaurants

Culver's announces limited-time offerings of new Lemon Ice Cooler, Lemon Ice Smoothie and Strawberry Fields Salad; menu items available through Oct. 1
Nation's Restaurant News (04/14)

Dickey's Barbecue announces signing of development agreement for more than 20 locations across the greater Toronto area; the fast-casual chain recently opened locations in Ottawa and Edmonton, Alberta
MarketLine (04/14)

Restaurants

BJ's Restaurants announces limited-time offering of new Confetti Pizookie, featuring a buttery confetti cookie topped with vanilla bean ice cream, whipped cream and rainbow sprinkles for US$8.95
Nation's Restaurant News (04/14)

Burger King announces offering of new Bacon Jam Brisket Whopper at select test locations in Las Vegas and Minneapolis; menu item features beef patty topped with brisket, American cheese, crispy onions and smoky, sweet bacon jam on toasted sesame seed bun
Chew Boom (04/14)

 Beverages

Beer

Heineken announces plans for construction of both a brewery and a maltery in South Africa, part of company's commitment to invest US$856.6M into the country over the next five years
just-drinks.com (04/14)

Big Rock Brewery and Edmonton Folk Music Festival announce extension of their partnership, which has been in place for more than three decades; the festival will take place Aug. 10-13
Canadian Beer News (04/14)

Wine

Wine exports from Italy rise 10% year-over-year in 2022, led primarily by demand for sparkling wines, according to an analysis of data from Istat by Italian farmers' organization Coldiretti; value of exports rise to record US$8.73B
just-drinks.com (04/14)

Chinese government agrees to review crippling export tariffs on Australian wine that were introduced in 2020; in return, Australian government lifts a WTO dispute over the tariffs
just-drinjs.com (04/14)

Non-Alcoholic Beverages

Arca Continental outlines an investment package worth US$801.9M for 2023 to increase its production, distribution and digital infrastructure in the US, Mexico, Ecuador, Peru and Argentina
just-drinks.com (04/14)

Coca-Cola Consolidated declares dividend of US$0.50/common share and Class B common share, both payable May 12 to shareholders as of April 28
Globe Newswire (04/14)

Alcoholic Beverages

Diageo North America announces that its Captain Morgan Original Spiced Rum is now made with real Madagascar vanilla; beverage now comes in new bottle featuring 'a bold color palette with expressive gold brushstrokes'
Diageo PLC (04/14)

 Pet Care Market

Pet Food

VTT deep tech spin-off Volare upcycles food waste using black soldier flies; company to build industrial-scale fly facility to produce 5,000 tons/year of proteins, oils for animal, pet foods, fertilizers, oleochemicals, agricultural uses, with zero waste
VTT Technical Research Centre of Finland (04/14)

Pet Care Products

PetSmart to host grand opening event on April 15 for new store in Surprise, Arizona, where pet owners can visit to receive free, pre-packaged goodie bag with a US$10 PetSmart gift card, pet bandana, toys and coupons; store spans over 16,400 sq. ft.
PetSmart Inc. (04/14)

 Cosmetic Industry

Nail Products

Genesis Bank organizes and becomes founding member of the Beauty Industry Professional Advisors, a new consortium of professional business advisors; consortium aims to provide comprehensive support for businesses in the nails and beauty-related industries
Personal Care (04/14)

Hair Care / Hair Styling

Vegamour launches 'Hair You Didn't Think You Could Have' campaign showcasing brand's holistic hair solutions for consumers experiencing hair loss, other concerns in different life stages; campaign follows brand's newest launch, the HYDR-8 Collection
PR Newswire (04/14)

Cosmetics

French forecasting firm NellyRodi predicts themes of peace, fun will create innovation opportunities in beauty and personal care; firm suggests summer cosmetic routines could incorporate icy effects, moisturizing and re-oxygenating with translucent colors
CosmeticsDesign.com (US) (04/14)

K-beauty brand KANA Skincare plans to further CBD-infused product development and launches, including new CBD + Mushroom Advanced Eye Cream; founder warns consumers that products boasting high amounts of CBD do not guarantee better efficacy
CosmeticsDesign.com (US) (04/14)

Beauty Retail

L'Occitane en Provence opens their second 'green store' in Australia; store offers a refill fountain, semi self-powering tap on the central sink and private beauty pod area, targets 4 Green Star rating with the Green Building Council of Australia
L’Occitane International (04/14)

 Personal Care

Deodorants

Sustainability Spotlight: In FY22, Coty passed 88% of new products through its Beauty That Lasts sustainability index, achieved tracing for 11 of 14 key high-volume ingredients; firm created technology to substitute D5 silicone in antiperspirant aerosols
Industry Intelligence Inc. (04/14)

Wipes / Towelettes

Sugu Fabrics and Linings introduces washable fabric which is antibacterial, reusable; company is converting fabric into dry wipes, bed sheets for hospitals under brand name Hilsan
NewsVoir (04/14)

Personal Care

Dior is investing in aging research, focused on reversing skin aging; brand recently formed International Reverse Aging Scientific Advisory Board, with research to expand knowledge on aging science around stem cells, inflammation and cell communication
Fortune Media Group Holdings Ltd. (04/14)

Bath & Body Works Joins Open to All, a National Coalition Advancing Diversity, Equity and Inclusion in Retail
3BL Media (04/14)

 Household Products

Disinfecting / Decontamination Technology

EPA issues presentation on microbial water quality of the built environment and development of UV-LEDs POU device for water disinfection; seminar was held in partnership with the Korea Water Partnership
US Official News (04/14)

Cleaners

Global professional hygiene market to grow at CAGR of 5.29% from 2022-2028; organic sanitizers, cleaning products and toiletries made with natural ingredients to drive growth amid concerns over soaps and alcohol-based hand sanitizers: ResearchAndMarkets
PR Newswire (04/14)

Home & Garden Care

Mrs. Meyer's Clean Day announces new Lots of Compassion initiative to work with nonprofits in transforming vacant lots into community gardens over next five years
PR Newswire (04/14)

Household Products

Grove Collaborative CEO discusses company's sustainable shipping process with multiple box sizes to accommodate orders, requiring special training for its warehouse packers; CEO credits nearly 50% membership retention to brand's values, engaged community
Indian E-Commerce News (04/14)

Coway wins Red Dot Design Award for the 17th consecutive year, recognized for its Air Purifier (AP-3522E/F) and Skin Plus Water Softener (BB-17); the water softener offers three types of water depending on the user's skin type
Household Products (04/14)

 Consumers

Consumer Economics

Moody's says affluent Americans on spending spree despite market downturns, which may help US avoid a recession in 2023; Kearney notes if layoffs largely battering tech industry spread, even wealthy consumers could pull back, further hobbling economy
USA Today Online (04/14)

Amazon CEO says, in the face of tough macroeconomic headwinds, company will look to cater to its customers' most basic needs, including food, office supplies, healthcare; company will continue to grow through 'constant' change
Fortune (04/14)

Consumer Behavior / Attitudes

About two in three Americans support tobacco harm reduction, a public health strategy that supports transition for smokers to less-risky products; 82% say the FDA should make smoke-free products available to adult smokers, Altria-contracted survey finds
Business Wire (04/14)

In an OPRL-commissioned survey of 5,010 people in Great Britain, over half say they cannot always understand whether packaging can be recycled; 38% agree that 'I don't believe that all packaging that claims that it can be recycled is actually recyclable'
Packaging News (04/14)

Consumer Health & Wellness

Euromonitor: As global life expectancy rises, lifestyle diseases becoming more prominent; to fight unhealthy living, brands are developing multifunctional products that provide convenience, help fight stress, focus on mental health and immune system
Euromonitor International Ltd. (04/14)

Commentary: Decline in cow's milk consumption among Gen Z driven by wellness trends, environmental concerns; some young people have turned to seed milks or other plant-based alternatives, whose sales could grow over 9% through 2027, much faster than milk
CE Noticias Financieras (Latin America) (04/14)

Population / Demographics

US News & World Report five-year US housing market forecast sees uncertainty due to pandemic-accelerated trends; because of remote work, emerging technologies and changing demographics, 2027's hot housing markets may look different from 2023's hot markets
EIN Presswire (04/14)

 Stock

Latest: Apr, 14 2023

Latest Value Prev Chg YOY Chg
Watchlist
Anheuser-Busch InBev NV (ABI) :EBR 58.14 58.64 -0.85% 7.75%
Asahi Group Holdings Ltd. (25020) :TYO 4,870.00 4,870.00 0.00% 8.95%
Campbell Soup (CPB) 54.78 55.32 -0.98% 18.57%
Clorox (CLX) 158.23 158.95 -0.45% 8.70%
Coca-Cola Company (KO) 63.05 63.15 -0.16% -3.03%
Danone SA (BN) :EPA 58.92 58.94 -0.03% 14.70%
Diageo plc (DGE) :LON 3,684.00 3,676.00 0.22% -6.27%
General Mills (GIS) 86.56 86.95 -0.45% 22.05%
Kao Corp. (4452) :TYO 5,357.00 5,305.00 0.98% 7.14%
Kellogg Company (K) 67.00 67.85 -1.25% -1.30%
Kirin Holdings Co. (25030) :TYO 2,112.00 2,108.50 0.17% 17.69%
L`Oreal (OR) :EPA 424.10 412.15 2.90% 18.07%
Nestle SA (NESN) :VTX 111.62 112.94 -1.17% -9.82%
Procter & Gamble (PG) 151.00 151.77 -0.51% -4.77%
Unilever plc (ULVR) :LON 4,316.00 4,292.00 0.56% 25.59%
SAMPLE REPORT