Emerging Trends in the Snack Food Market
The snack food industry is experiencing a transformation that reflects the changing needs and preferences of consumers globally. As we head into 2024, this industry, valued at USD 256.26 billion in 2023, is projected to grow to USD 559.26 billion by 2028, says a report by Mordor Intelligence. This growth is not just in terms […]
The Crucial Role of Innovation in the Food and Beverage Industry
In the fast-changing landscape of the food and beverage industry, the year 2024 is expected to be a pivotal one. Facing inflation, consumer fatigue over price hikes, and various market pressures, companies are finding the need for innovation more apparent than ever. On a recent article at FoodDive.com, Christopher Doering asks if more CPG companies […]
GrowinCast: Innovation, Expertise and Collaboration in CPG
Here at GrowinCo. we strongly believe that collaboration can and will reshape the CPG industry. Our mission is to connect various players in this dynamic field, fostering innovation, productivity, and sustainability. Spreading the message about all of this is also a crucial part of our journey. With that in mind what would be better than […]
Why the Beverage Industry is Embracing Co-Manufacturing
In the bustling world of the beverage industry, particularly within the U.S. alcohol industry, a significant shift has been underway over the past decade. This evolution is not just about what is being consumed – from traditional beers to innovative beer-like products and spirits – but also about how these beverages are being brought to […]
Emerging Trends in the CPG Industry for 2024
In the ever-evolving landscape of the Consumer Packaged Goods (CPG) industry, staying ahead of the curve is not just advantageous; it’s imperative. As we step into 2024, the industry stands at a pivotal juncture, influenced by rapid technological advancements, shifting consumer behaviors, and emerging regulatory frameworks. These driving forces are not merely shaping current practices […]
Available Capacity in the CPG Industry: A Global Analysis
In the dynamic world of the packaged consumer goods industry, available capacity emerges as a significant phenomenon, impacting businesses, economies, and global markets. Available capacity refers to the gap between potential production and actual output, signaling both challenges and opportunities. This article delves into the nuances of this available capacity, exploring its causes, impacts, and […]
How to Calculate and Monetize Available Capacity
In the rapidly evolving landscape of modern manufacturing, the efficient utilization of production capacity is not just a matter of operational necessity but also a strategic opportunity for growth and diversification. The concept of available capacity in a manufacturing setup refers to the unused portion of the production capability that can be leveraged to meet […]
6 Notable Trends Shaping Co-manufacturing
In recent years, especially in the wake of 2020, the Consumer Packaged Goods (CPG) industry has demonstrated remarkable resilience and adaptability. Amidst global challenges, it has not only survived but thrived, showcasing an unprecedented growth that surpassed the cumulative growth of the previous four years. This success can be attributed to the industry’s swift response […]
The Black Friday Surge: Leveraging Co-Manufacturing in the CPG Industry
As the calendar pages turn towards the end of the year, the Consumer Packaged Goods (CPG) industry braces for the annual retail phenomenon, Black Friday. Synonymous with massive sales and an upsurge in consumer demand, Black Friday represents a pivotal moment for CPG companies. In an era where efficiency, adaptability, and speed are paramount, mastering […]
The Power of B2B Collaboration in the CPG Industry
We all know the Consumer Packaged Goods (CPG) industry is a dynamic and rapidly changing landscape. It’s marked by fierce competition, evolving consumer preferences, and the constant need for innovation. In this challenging environment, collaboration between companies has emerged as a key strategy for success. The Need for B2B Collaboration CPG companies operate in a […]
