While 24% of surveyed universities in the UK experienced a decline in sales in 2024, more than a third (38%) have seen an increase. Price reductions (66%) are among top tactics used to drive sales.
The global market for frozen pizza will reach USD 27.4 billion by 2030, new research from Research And Markets shows. The segment was worth USD 20.4 billion in 2023 and is projected to grow at a CAGR of 4.3% until 2030, the researcher concludes in the report.
Most consumers believe that food and beverage manufacturers should declare if a product has been made with the assistance of artificial intelligence (AI), new research shows.
Sourdough grew by a CAGR of 10% in launches over the past five years. Nearly 8 in 10 sourdough launches are in Europe, although the Americas and other regions are experiencing faster growth.
Consumers are indulging in Halloween fun this season but with an eye on affordability, according to data from Euromonitor International. This is why, this year, shoppers have seen Halloween products showing up on their shelves earlier than expected.
Over the next 12 months, consumers will embrace comfort and indulgence alongside a focus on daily well-being as they seek to safeguard their physical and emotional health.
In 2025 and beyond, Mintel anticipates more focus on blood sugar and hormone health, while food and drink will play an increasing role in mental health management. There will be an increase in diversified ingredient sourcing, while the humanization of technology will be essential for consumers who are apprehensive about technology being used to create, modify and produce the food they put into their bodies.
Gen Z consumers are placing an overwhelming emphasis on both sustainability and quality in their grocery products, and many are willing to spend more to support brands that reflect these values, according to a new Whole Foods market survey.
