Title: The Evolution of Food Innovation: Navigating Challenges and Embracing Health Trends in the CPG Industry
Food companies have been at the forefront of innovation since the inception of the industry. Despite significant challenges, such as the fact that only 15% of the over 3,000 new consumer packaged goods (CPG) products succeed in the market, as reported by Nielsen’s U.S. Breakthrough Innovation Report, innovation has become increasingly critical. The report warns … Read more