A new whitepaper from the NPD Group says that the fast-growing U.S. Hispanic market make 6 billion visits annually to the foodservice channel, spending $30 billion a year.

Hispanic men are more brand loyal than Latinas and are often willing to pay a bit more for their preferred brand, according to the latest research from Mintel. 

A new study from the Grocery Manufacturers Association, McKinsey & Co., and Nielsen says successful consumer packaged good companies are five times more likely to view retailer collaboration as a strategic priority than those than do not.

A new white paper from Canadian branding and design firm Shikatani Lacroix says retailers who are refreshing their private label programs must bring products that cater to Hispanic and immigrant markets to capture the largest future growth in the industry.

The internationalization of the American palate has begun to inspire private label offerings in Mexican, Asian, and other ethnic cuisines to compete with established brands.

Nielsen Co. Senior Vice President Todd Hale kicked off the inaugural PLBuyer conference Wednesday morning by telling the audience that multicultural audiences presented a major opportunity for private label retailers and suppliers.