Price increases - 32 News

Poor harvests: Orange juice becomes scarce and prices rise

22-May-2023 - When it comes to fruit juice, people in Germany most often opt for orange juice. Per capita consumption in 2021 was an impressive seven liters. But consumers will soon have to dig deeper into their pockets to enjoy it. Because of poor harvests, a plant disease that is rampant in Florida, and ...

Danone continues to raise prices sharply - sales outlook raised

28-Apr-2023 - French food group Danone has also raised prices sharply at the start of the year. As a result, sales in the first three months climbed more than experts had expected. Danone CEO Antoine de Saint-Affrique took the results published Wednesday as an opportunity to raise its growth forecast for the ...

German wine sales fall by 10% in face of cost of living rises

15-Mar-2023 - Germany's consumers have spent significantly less money on wine purchases as the country's cost of living continues to rise. In the past year, private households bought 10% less wine across all purchasing locations in Germany, the German Wine Institute announced on Monday in DUsseldorf ahead the ...

Bitburger: Brewing industry needs regular price increases

10-Mar-2023 - Beer drinkers will have to expect more frequent price increases in the future than in the past, according to the Bitburger Brewery Group. "This industry needs regular price increases in order to survive," said Managing Director Technology and Environment Jan Niewodniczanski on Wednesday on the ...

Pernod Ricard liquor group grows strongly thanks to price increases

17-Feb-2023 - Spirits producer Pernod Ricard has benefited from higher prices and the weak euro in its first half of the fiscal year. Sales increased by 19 percent to 7.1 billion euros, as the supplier of brands such as Jameson, Absolut and Havana Club announced in Paris on Thursday. Under its own steam, i.e. ...

High cost pressure burdens the brewing industry

25-Jan-2023 - German breweries are facing massive cost increases. According to an analysis by the German Brewers' Association (DBB), in addition to the cost of gas and electricity, brewing malt and packaging materials in particular have recently become drastically more expensive. Carbon dioxide, the price of ...

Consumers swallow price inflation as their thirst for water-based drinks thrives

24-Jan-2023 - Analysis from IRI’s data (from actual sales of FMCG products across Europe) for the year ended August 2022 reveals new trends across the global water category. Value Sales in Water-based drinks (excluding tea, coffee, juices & nectars and water additives) in Europe – has grown by circa 9% in 2022 ...

Global food prices in 2022 hit record high amid drought, war

10-Jan-2023 - Global prices for food commodities like grain and vegetable oils were the highest on record last year even after falling for nine months in a row, the U.N. Food and Agriculture Organization said, as Russia's war in Ukraine, drought and other factors drove up inflation and worsened hunger ...

Three brand transparency strategies for food and drink

19-Dec-2022 - The dual impact of the pandemic and inflation in the last 12-24 months has made Indian consumers be vulnerable and resilient at the same time. Experiencing these uncertain times has made consumers reevaluate their decision-making. They want brands to give them greater decision-making control by ...

IRI November Inflation Tracker Reveals Price Increases Are Slowing, but Still Up 13% over Last Year

November food inflation increased at the slowest rate, +0.3% compared to October

15-Dec-2022 - IRI®, which recently merged with The NPD Group to create a leading global technology, analytics and data provider, today released a new report, November 2022 Price Check: Tracking Retail Food and Beverage Inflation, offering new insights into food inflation and its impact on consumer shopping ...