CHICAGO — The software industry, social media programs like TikTok and restaurant menus all may inspire food and beverage product developers to create items sold at retail. “I get my inspiration from ...

In the food and beverage space, the companies that are most in tune with consumers’ demands—and the fastest to act on those demands—have a better chance of capturing the largest share of their markets ...

Software company Senspire demonstrated its all-in-one product development platform, Flavor Studio, at the Private Label Manufacturer Association event earlier this month, showing how product ...

Reports from academic studies, market surveys and consulting firms all show a failure rate between 70% and 90% of new products in the Consumer Packaged Goods industry [1]. In this mercilessly ...

Professional food developers rely heavily on R&D and innovation centers outfitted with lab benches, pilot plant equipment, consumer research facilities (i.e. for focus groups), and a wealth of other ...