After three years of volume sales decreases, the market will see modest volume growth in 2024.

Having difficulty viewing this message? View it in a browser. forward subscribe November 26, 2023 A return to ‘normal’ conditions may be on tap in 2024 After three years of volume sales decreases, the market will see modest volume growth in 2024. SPONSORED MESSAGE Accelerate product innovation & commercialization Bring new food products to market faster and more sustainably with Crown's Global Innovation Center, expertise, piloting and proven technologies. Post Holdings powered by Foodservice, pet food in fiscal 2023 Consumers trading down to private label affects ready-to-eat cereal business. Daiya Foods promotes new CEO Hajime Fujita will lead plant-based dairy products manufacturer. Technomic sees stability returning to foodservice in 2024 Other trend predictions include improvements to restaurant technology and menu items with unconventional flavors. Deflation is coming, says Walmart’s McMillon Prices in key categories are dropping as consumer spending remains tight. QUOTE OF THE WEEK With traveling restrictions during the pandemic on one side and increased access to media that features foods popular in other countries on the other, consumers have developed a strong desire to experience adventure through their taste buds. — Robert Murphy, chef and culinary development specialist, ILLES Foods Starbucks creates new board committee Oversees shifting regulations, standards of environment, partners, community impact. Private equity firm buys J&K Ingredients 124-year-old business focuses on food preservation solutions. Dippin’ Dots delivers for J&J Snack Fiscal ’23 earnings surge 67%. Mars to acquire UK chocolate company Hotel Chocolat seeks to expand internationally. Cargill showcases sustainability progress in 2023 Emphasis on GHG reductions and regenerative agriculture. Subscribe to Food Business News and get print or digital access today! Free Magazine Subscription To ensure delivery to your inbox, add foodbusinessnews@sosland-email.com to your address book or safe sender list. This is an unmonitored email address and replies will not be responded to. If you have questions or comments, please email us at subscriptions@sosland.com. Update your account     Forward     Subscribe     Unsubscribe THE MOST TRUSTED RESOURCE FOR FOOD INDUSTRY PROFESSIONALS ©2023 Sosland Publishing® 4801 Main Street, Suite 650, Kansas City, MO 64112 Privacy Policy