The plant-based meat market is projected to reach nearly $25 billion by 2030. This, of course is peanuts when measured against animal-based meats produced by cattle ranchers, hog farmers, poultry producers, and processors. In the U.S. meat product sales are about $200 billion annually and the average American eats about 222 pounds [...]
Private label products are those that are produced and sold by supermarket retailers under their own brand name. They typically offer similar quality to national brands at a lower price, making them an attractive option for shoppers. In the US, private label products account for about 20% of total supermarket sales, with [...]
Amazon could take up to a 15% stake in Grubhub under a new partnership that gives Amazon Prime members free access to Grubhub's subscription service. The deal allows Amazon to buy a 2% stake in Grubhub and also allows them to purchase an additional 13% of shares at a "formula-based price" depending [...]
The European Union (EU) Farm to Fork strategy is a set of measures and policies aimed at improving food security, promoting sustainable agriculture, reducing food waste and promoting regional cooperation within the EU. The strategy, which is part of the overall European Green Deal, was launched in late 2015. A key part [...]
TL/DR: Why is Kellogg splitting up? Although they explain it with lots of corporate-speak, the truth is that sales have been stagnant and the break-up will allow the core company to separate itself from poorer performing business lines and to focus on the growth oriented global snack food category. In June, 2022 [...]
This is our list of top grocers for 2020. The most recent list of the top 10 Grocers in the United States can be found here. The FoodIndustry.Com list of the top 10 grocery chains in the US by revenue - 2020 Edition. 1. WALMART INC. Walmart's 2020 grocery sales were $341 [...]