The ongoing economic downturn has spawned a new breed of consumers who are continuing and extending frugal practices, significantly impacting when, where and how they purchase consumer packaged goods, according to a new SymphonyIRI Times & Trends Special Report, “The Downturn Shopper: Buckled in for a Wild and Crazy Ride.”
Global sales of natural and organic beauty products are projected to reach $9 billion this year, according to a new report from U.K.-based Organic Monitor.
An Adweek/Harris Poll conducted recently by Harris Interactive shows that 56% of Americans are opposed to a tax on soft drinks, with less than a third supporting the idea.
It’s time to reinvigorate the energy market with a new generation of multi-functional products and solutions directed at specific interlocking need states, more natural/lower calorie/healthier ingredients and longer-lasting effects.
Chuck Slotkin is the founder and managing director of New Jersey-based Nature’s Equity (www.naturesequity.com), an investment banking firm with a passion for green companies.
Kashi, the natural foods breakfast cereal brand from Kellogg, has released new consumer research, which found that of 5,000 respondents surveyed, although 60% were concerned about heart health, 55% of this group were over the age of 55.
The Natural Products Association (NPA), Washington, D.C., along with more than 40 other major trade associations and business groups is urging Senate leaders to oppose dramatic expansion of FTC authority.
Organic product sales grew by more than 5%, reaching $26.6 billion in 2009, despite the distressed state of the economy, according to the Organic Trade Association’s 2010 Organic Industry Survey.
With two-thirds of U.S. adults and almost one-third of children and adolescents overweight or obese, a diverse range of consumers are increasingly focused on weight loss and weight maintenance, according to a new report.
While the economic downturn has created a financial crisis for most of the population, it may also be contributing to an increase in public health issues.
While trading down and out of some segments is common during tough economic times, consumers that buy natural and organic food are staying loyal to this health-conscious category.
Despite challenging economic times, 65% of adult consumers (up slightly from 64% in 2008) take dietary supplements, according to a 2009 CRN consumer survey conducted by Ipsos-Public Affairs.
New product launch activity remains strong despite the economic downturn, according to new Innova Market Insights data, which indicate new food NPD launch numbers are up more than 7%.
U.S. sales of organic products (food and non-food) reached $24.6 billion by the end of 2008, growing 17% over the previous year, despite tough economic conditions, according to the Organic Trade Association (OTA).