Can the Food Industry Save the Consumer’s Wallet?

It’s no secret that many consumers continue to struggle with food price inflation. What remains to be seen is how—with food inflation estimated at some 25% over the past few years—the food industry can course correct and keep prices in reach of the average shopper. The question is which will break first: manufacturers’ margins, pricing,or consumers’ patience and budgets.

Many consumers have done all they can do to cut food costs, from accepting shrinkflation, switching to private label, trading d…