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Peanut consumption in the US has hit record levels for the second year in a row – rising to an all-time high of 7.9 pounds (3.5kg) per American in 2021. However, the National Peanut Board (NPB) said the consistent rise of the nut’s popularity is not surprising, given its significant sustainability figures that resonate with consumers.
General Mills has completed the sale of its 51% controlling interest in its Yoplait S.A.S European operations to French dairy cooperative Sodiaal in exchange for full ownership of the Canadian Yoplait business and a reduced royalty rate for use of the Yoplait and Liberté brands in the United States and Canada.
No longer solely confined to higher-income households, General Mills is seeing mass consumer uptake of its Natural & Organic portfolio as the company works to make its brands more accessible to as many consumers as possible.
In the ten years since HelloFresh launched and helped pioneer the meal kit category, the company has evolved to offer consumers more of what they want – convenience, diversity and sustainability – and in doing so is capturing larger orders and a greater share of consumers’ in-home food budgets, according to a top company executive.
Weighing unpredictable inflationary prices, a prioritization of wellbeing along with an enduring pandemic, consumers are self-editing their grocery baskets and carts by asking themselves one fundamental question -- "Do I need this?" -- when making their purchasing decisions, according to NielsenIQ consumer research.