Hispanic food sector sales skyrocket
Sales of Hispanic foods and beverages have soared in the US, up by nearly a third in the past five years – and that growth is set to continue, according to a new report on the sector from Packaged Facts.
News & Analysis on Food & Beverage Development & Technology
Sales of Hispanic foods and beverages have soared in the US, up by nearly a third in the past five years – and that growth is set to continue, according to a new report on the sector from Packaged Facts.
The Food and Drug Administration (FDA) has said it is increasing its efforts to ensure the safety of fish and seafood from the Gulf of Mexico, and has released new guidance for industry.
The FAO is cautiously optimistic about the prospects of food commodities in the wake of economic upheaval in the past two years, but average prices for wheat and grains, vegetable oils and dairy are likely to be higher over the next decade.
While shoppers’ enthusiasm for low-fat, low-sugar or low-calorie claims (‘minus’ claims) or added functional ingredients claims (‘plus’ claims) has waned; their interest in natural claims has continued to grow, according to Mintel.
Hershey is modernising its production facilities in a $250 to $300m investment plan that will see the company move out of a century-old chocolate factory and cut 500 to 600 jobs.