These days, a trip to the grocery store can be very expensive. According to the U.S. Bureau of Labor Statistics (BLS), the food at home index rose 6.4% over the 12 months ending in November 2021 — the most significant 12-month increase since the period ending in December 2008.
Opportunities are knocking in our industry today, and thus, our organizations are fraught with “challenges,” given the social, scientific, and geopolitical environments in which we coexist.
In mid-December, the U.S. Senate presided over the confirmation hearing of Dr. Robert Califf, President Biden’s nominee to serve as commissioner of FDA.
In 2021, 72% of consumers were trying to limit or avoid sugar entirely, according to a survey by the International Food Information Council (IFIC). Consuming less sugar will likely remain a key consumer goal in 2022.
Opportunity knocks for dairy products that offer gut health/immunity benefits, mesh with consumers’ desire for healthier snacks and align with consumers’ values.