Amazon's Competitive Advantage and How Retailers Are Fighting Back

In 2018, Amazon’s global net sales reached $233 billion, and its impressive growth continues to rattle the retail industry.

Amazon is on a path to become the largest retailer in the U.S. — and is expected to overtake Walmart by 2022, according to data from a recent market research report by Packaged Facts titled Amazon Strategies and the Amazon Shopper, 2nd Edition. Amazon’s U.S. gross merchandise sales will contribute nearly half of U.S. e-commerce sales by 2022, up from 43% in 2019 and 28% in 2015.

Topics: Food & Beverage E-commerce & IT Outsourcing Consumer Electronics Industry Insights

5 Breakfast Cereal Industry Trends

The global breakfast cereal market is expected to grow 3% per year to reach $40 billion in 2023, according to new research and analysis from Packaged Facts, a leading market research firm and division of MarketResearch.com.

Breakfast cereal is a highly penetrated category in mature markets such as the U.S., but there is plenty of room for growth, particularly in Asia, Africa, and the Mideast, as Western diets become more common across the world.

Topics: Food & Beverage Packaged Facts Industry Insights

3 Beverage Industry Trends to Watch in 2019 and 2020

The U.S. beverage industry is competitive with many large, mature categories. Finding new growth opportunities is a key concern for beverage companies large and small.  

Topics: Food & Beverage Packaged Facts Industry Insights

The Growth of Plant-Based Meat, Cheese, Butter, Yogurt, and Eggs Worldwide

With the global population reaching 9.8 billion by 2050, the demand for animal-based foods is expected to increase by more than 70% of the total demand in 2019. This has posed a great challenge for the agriculture and food industry to provide adequate and nutritious food for the growing population, without negatively affecting the environment.

Topics: Food & Beverage Industry Insights

4 Food Industry Trends to Watch in 2019 and Beyond

The food industry has many large, mature categories, but the competitive landscape is far from static. Food marketers and retailers are constantly strategizing how to profit from the hottest market segments, update their product lines and service offerings, and reel in the most lucrative consumers.

Topics: Food & Beverage Packaged Facts Industry Insights

Virtual Weight Loss Market Grows to $1.4 Billion

The total weight loss market is now worth more than $72 billion, and a growing share of it takes place online and digitally. Technology and increased usage of the Internet and smartphones have changed the way Americans lose weight, and how they access weight loss programs. New companies like Noom have entered the market with apps in attempts to “disrupt” long-established players like Weight Watchers, NutriSystem, and Jenny Craig.

Topics: Food & Beverage Healthcare Industry Insights

Global Disposable Plastics Reduction Initiatives [Infographic]

Single-use plastics have been in the news a lot lately, and the news isn't good. Once vaunted for their convenience, disposable plastic products have come under fire in recent years as evidence of the environmental damage they can cause piles up  sometimes literally.

Topics: Food & Beverage Materials & Chemicals Industry Insights

Top 9 Things to Know About the Weight Loss Industry

The total U.S. weight loss industry hit a new peak in 2018, growing 4% to $72 billion. The largest diet companies are shifting direction and changing ownership as Weight Watchers rebrands itself to its new name WW and focuses more on wellness, Jenny Craig is up for sale, NutriSystem gets acquired by Tivity Health, and Slim-Fast is acquired by Glanbia, a multilevel marketing firm.

Topics: Food & Beverage Pharmaceuticals Healthcare

3 Important Candy Industry Trends to Watch in 2019 & Beyond

With the holiday season in full swing, there's still plenty of time and opportunity to savor a sweet treat or two before the year is out (and the New Year's diet resolutions kick in). 

Often, this indulgence occurs in the form of candy  and not only during the holidays, but year-round. So it should come as no surprise that the chocolate and non-chocolate candy industries are poised to grow 2.8% and 3.7%, respectively, through 2022, according to statistics from Chocolate Candy: U.S. Market Trends and Opportunities, 12th Edition and Non-Chocolate Candy: U.S. Market Trends and Opportunities, two new comprehensive reports from Packaged Facts.

Topics: Food & Beverage Packaged Facts

U.S. Weight Loss Industry Outlook Strong for 2018 and Beyond

There are very few negatives in this year’s outlook for the U.S. weight loss market. The largest competitors are back in high-growth mode, unemployment is down, obesity rates are still high, and more DIY dieters seem to be joining structured programs.

The industry appears to be hitting on all cylinders, propelled by a strong overall economy and continued high demand for weight loss programs by a largely overweight population.

Topics: Food & Beverage Healthcare Industry Insights