E-commerce isn’t projected to completely replace brick-and-mortar retail anytime soon. Instead, it’s becoming an omnichannel where online experiences mimic what consumers experience in physical stores and vice versa.
Instead of shying away from carbohydrates, 78% of Gen Z and millennials responding to the survey eat carbs in their regular diet. Further, three-quarters of these consumers are not dissuaded from consuming baked foods because of a concern about carbohydrates.
PepsiCo, Campbell Soup and General Mills are just three examples of companies that offer venture capital and other ways to invest in emerging brands. Another is Mondelez International, which recently announced its support of The Hatchery Chicago, a non-profit food business incubator. Mondelez joins Conagra Brands and Kraft Heinz as supporters of The Hatchery.