While consumers are spending less, inflation continues to boost FMCG sales. A new report finds growth and resilience are possible through strategic pricing structures that support new product development (NPD) and sustainability.
The European Commission has made steps to enhance price transparency across the agri-food supply chain, including in meat, eggs, dairy, and olive oil sectors.
Nestlé says it will remove artificial flavors in confectionery across Europe, but refuses to confirm whether it will implement European price hikes to offset declining confectionery margins.