For consumer packaged goods companies (CPG), the need to mark and code products at high speeds, with little to no errors, is of increasingly high value.
On May 20, 2016, the FDA announced that the industry will be required to implement a new Nutrition Facts Panel for packaged foods to reflect new scientific information, including the links between diet and chronic diseases such as obesity and heart disease.
New research reveals a profitable and optimistic year for the food and drinks industry.
February 21, 2017
Sixty-two percent of food and drinks manufacturers, suppliers and retailers increased their turnover in 2016, while 58% agree that the industry is in good health at the turn of the new year.
As brands seek to tap into sustainability and wellness trends, brand owners can make significant strides in the arena with clean labels, transparency – both figuratively and literally – and by striving to reduce their carbon footprint throughout the supply chain.
Rising ingredient costs and new legislation will be the main barriers to profitability for consumer packaged goods (CPG) companies between now and 2021, according to consumer insight firm Canadean.
The U.S. consumer packaged goods (CPG) industry registered its strongest growth in four years in 2015, and some of the biggest gains were achieved by companies targeting the fast-growing market for protein-rich foods and healthy, ‘mindful’ snacks.