Snack Sales Up 11% In First Half Of 2022

Washington — Total snack sales during the first half of 2022 increased by 11 percent in the multi-outlet plus convenience stores universe, according to data from Information Resources, Inc. (IRI). First-half sales reached $36.7 billion, which represents an increase of…

Global Cocoa Market To Hit $26.3B By 2027

Chicago — The cocoa and chocolate market is projected to reach $26.3 billion by 2027, growing at a CAGR of 4.5 percent from 2022 to 2027, according to a new report by MarketsandMarkets. The global chocolate market is projected to…

New CBA Poll Confirms Ongoing Consumer Inflation Concerns

ARLINGTON, VA — The Consumer Brands Association (CBA) warns that slowing wholesale prices in the latest Bureau of Labor Statistics readout are still significantly higher than a year ago and that the CPG industry continues to face steep production costs. The…

Five Summer Trends In Fruity Candy Innovation

Washington — As the days get longer and temperatures rise, snacking trends shift towards more personalized and bold options. After more than two years of cooking at home, consumers are eager to try new flavor combinations and update their current…