Packaged Facts

Several major initiatives either rumored or announced indicate that interest in mobile payments is hitting critical mass. The old school payments paradigm will start losing more and more of the playing field.

Health continues to be a strong motivator for food and beverage purchases among U.S. consumers, and Packaged Facts forecasts that it will remain so for the foreseeable future.

Several industry experts believe that the biggest trend in the next five to ten years will be food and beverage companies seeking to fortify their products with omega-3 oils.

Despite recent economic difficulties, baked goods generally remain an affordable indulgence, and one consumers can access in many places that offer bakeries and baked goods.

Allergan, the maker of Botox, is the largest company in the high-growth facial rejuvenation products market, according to independent healthcare market research firm Kalorama Information, and their formidable position is not likely to change...

Packaged Facts estimates that retail sales of kids’ foods hit the $10 billion mark at the end of 2010. This includes sales from all retail channels and reflects an increase of 25% from 2005.

Packaged Facts estimates that aggregate retail sales of functional and natural ready-to-drink beverages exceeded $23 billion in 2010, up from $19 billion in 2006.

Although 2010 was tougher than 2009 due to the lingering impact of the down economy, the market is regaining traction. U.S. pet industry sales will reach $58 billion in 2011, with steady growth bringing the market to more than $74 billion in 2015.

Continuing behaviors adopted during the recession, American consumers are eating in more, which is beneficial to the fresh protein businesses of meat, poultry and seafood alike.

Compared to others in their age group, “Healthy 50+ Consumers” have higher household incomes and are more confident about the economy as a whole as well as their own financial futures.