Ingredient Costs, UPFs, GLP-1s Vexing Product Developers
What are product developers dealing with this year? Ingredient costs “have gone up quite a lot,” more than half are worried about ultraprocessed food labeling, but less than a quarter are concerned about the increasing use of GLP-1 weight control medications – in fact, 27% look at it as an opportunity.
Those are some of the topline results from our 55th annual R&D Survey (can you believe we’ve been doing this survey since 1972?). 101 product development professionals participated in our online survey from May through the end of June.