Title : Food Companies Can’t Figure Out What We Want to Eat !
link : Food Companies Can’t Figure Out What We Want to Eat !
Food Companies Can’t Figure Out What We Want to Eat !
Many of us have made changes to our food choices, what we buy, what we eat. Sometimes it is health matters that dictate the change, sometimes it is personal choice. When out shopping we each go out with our shopping list, of course, if you shop online your list is on the computer screen!
Since husband Eddie was diagnosed a Type 2 diabetic many of the foods we eat are pictured below, and he writes about it here
I wonder if your food choices may have changed? Aaron Black writing in the Wall Street Journal says, "Food Companies Can’t Figure Out What Americans Want to Eat". It could be the same in the UK, Canada, France, Sweden, Germany, Australia, and perhaps your own country too!
"Food shoppers and investors looking at the packaged food aisles of big grocery stores have reached the same conclusion: There is nothing to buy.
The classic consumer food companies—makers of cereals, snacks, soups and condiments—are no longer the staples of pantries or portfolios. Shares of some are down by a third or more over the past year as strategies to boost sales fail, and consumers embrace fresh food and new brands.
Supermarkets are feeling the same pressure. Last year, unit volume of the packaged products sold in the middle aisles fell by 1.7%, according to research firm Nielsen. The only places where there was unit sales growth of groceries were in the outer aisles: fresh meat, produce, and bakery, according to Nielsen.
That is of little consolation to investors, who can’t easily profit from raising grass-fed beef or growing kale. Comparable sales for 10 big, publicly traded food companies have been flat or declined in three of the last four years, according to analysts at Credit Suisse.
The Food Bust
Packaged food companies have seen a dramatic slowdown. Consumers are shifting toward fresh produce and meat, and away from packaged foods heavy on carbohydrates and sugar"
Read more of Aaron's article here
All the best Jan
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