Wednesday Jun 12, 2024
Circana’s Sally Lyons Wyatt Offers Mid-Year Update on Consumer Trends in Food and Beverage
The Food For Thought podcast checks in with Sally Lyons Wyatt, global executive vice president and chief advisor in consumer goods and foodservice insights for Circana, for a mid-year update on how the food and beverage industry has fared through the first half of the year. In this episode, Lyons Wyatt shares insights on inflation and how consumers are spending differently at this point in 2024.
She shares the four factors the team at Circana will be monitoring for guidance on how 2024 may pan out for food and beverage CPGs. Lyons Wyatt also delves into some of the fascinating ways consumers have been trading in and out of certain products and segments, looking for a higher-value, higher-end experience.
Lyons Wyatt shared her thoughts earlier this year in our 2024 Food & Beverage Industry Outlook, featured in our January 2024 issue of Food Processing magazine.