I ride an old motorcycle and often find myself doing more wrenching than riding. Several times I have been stuck on the side of the road wondering why there was smoke coming out my headlight bucket or the fuse box. A friend introduced me to the Joseph Lucas smoke theory. It goes something like this. When smoke escapes from an electrical system, you have sprung a leak and nothing will work until you put all the smoke back inside. I’ve since learned that... READ MORE
Here’s a look at the overall pet care retail market. Packaged Facts estimates pet care retail sales will total $68.76 billion by 2024. And the company says to get there, retail sales, including pet food will increase at an estimated 4.7% combined annual growth rate.
New product experts Lynn Dornblaser and Morgan McClure from Mintel recently came to the Tree Top campus to give a trend presentation, which focused on the bar market. Thought I’d share some of their top-line insights on what’s influencing this category and what Mintel’s data shows as growth opportunities in the short-term and long-term. First here’s what to expect in the year ahead... READ MORE
Following food trends in the pet food segment is very much like following them on the human food side of the business. Overarching trends such as health & wellness, convenience, CBD, and clean labels are found across both segments. Clean label goes beyond label scrutiny and now embodies sustainability, ethical, safe food production, and transparent business practices. Let’s face it...READ MORE
Cold storage inventory of strawberry at the end of 2019 shows smaller volumes than any of the previous ten years. Field pricing could be affected by this shortage as we move closer to the freezer grade season.