Blog Category
The "Reporter" keeps you up to date with Lehi Valley news, tips and related industry news. You'll get an email each quarter letting you know of new content, but you can easily find past articles and information here.
Industry News: Mondelēz State of Snacking 2021 Recap
Mondelēz International released their 2021 Global Consumer Snacking Trends Study, known as their annual State of Snacking™ report. This insightful report includes Mondelēz International’s proprietary findings about snacking trends as they relate to the role snacking plays in consumers’ lives as well as consumer preferences and how they have changed since the 2020 report was released.
Some key findings are:
85% eat at least one snack for sustenance and one snack for indulgence each day
When looking for snacks for sustenance, “62% reported replacing at least one meal with a snack, even hi...
Read MoreMarket News: Positive Grocery Industry Forecasts
There's no doubt retailers, including grocery industry retailers, have seen increasing challenges over that last two years. Between higher costs of goods, supply chain challenges, and continued competition with digital commerce, retailers are looking for positive signs for the end of 2021 and into 2022.
According to two surveys by Advantage Sales, a division of Advantage Solutions:
- 60% of manufacturers and 70% of retailers forecasted higher dollar sales in Q4 2021 than the previous year
- 1/3 of manufacturers expect supply levels to top 90% of Q4 2021 and project continued growth due to i...
Market News: Food Packaging Shortages
Have you ever wondered what it takes to make the packaging your food comes in? We grab it off the shelf, ready to take home and consume, but rarely give thought to how it got there.
Read MoreBoost Better-for-You Sales with Simple Merchandising Tricks
According to two studies developed by the National Association of Convenience Stores (NACS), retailers can boost better-for-you product sales with two simple and low cost merchandising tricks: moving better-for-you items to the checkout area and calling attention to healthy attributes; and co-merchandising better-for-you items with traditional snack items.
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"Clean" Labels Lead to Increased Sales
According to a new Nielsen report, featuring nutritional attributes on package – often referred to as “clean”product attributes – leads to increased sales. While there is no definitive definition of what “clean” means, there are many nutritional attributes called out on packaging that are making consumers not just notice the package, but also purchase!
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Nut Intake Associated with Reduced Risk of Disease
BMC Medicine published a large analysis of current research to determine the effect of eating nuts on risk of cardiovascular disease, coronary heart disease, stroke, cancer, diabetes, and many other diseases and causes of mortality.
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Global Extruded Snacks Valued at $50 Billion in 2016
Research and Markets February 2017 report indicates that the “global extruded snacks market reached a value of around US $50 Billion in 2016, growing at a CAGR of around 3% during 2009-2016! Extruded snacks are made by forcing a grain flour mixture through a die at high pressure which expands and shapes the product
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Healthy Snacks Category Outpacing Overall Food & Beverage Category
Packaged Facts “Healthy-Ingredient Snacks in the U.S., 2nd Edition” market research report shows the compound annual growth rate (CAGR) of healthy snack sales outpacing the overall food and beverage market by 4.7%, with a projected CAGR of 5.7% between 2016 and 2020! Some key trends at play include: “Free from” and similar ingredient claims continue to drive…
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Food Gifting on the Rise
U.S. food gifting sales were a $21 billion industry in 2014 and were projected to increase an additional 5% in both 2015 and 2016. According to Packaged Facts’ report Food Gifting in the U.S., 4th Edition, 42% of U.S. Adults have purchased at least one specialty food gift in the last year. Some key demographic information the study…
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We Won!
Convenience Store Decisions held their Second-Annual Consumer Choice Contest in Medina, OH on July 28, 2016. Hosted by Truenorth, the event drew in real customers to taste and rate new products by taste, innovation, likeliness to buy and portability across multiple snack categories. Lehi Valley’s newest brand, Snackworthy™, entered 3 products in the contest and won the “Likeliness to Buy”…
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