Label Insight Acquired by NielsenIQ

EQ IQ In order to offer transparency into how our stories are produced and to teach our readers about the importance of media literacy online, EQ's editorial team provides a quick self-rating of the integrity of the articles and the facts presented against the following EQ IQ metrics.

NielsenIQ has acquired Label Insight, the industry’s most trusted source of product attribute data and the largest product metadata platform globally.

NielsenIQ has acquired Label Insight, the industry’s most trusted source of product attribute data and the largest product metadata platform globally.

The strategic acquisition of Label Insight brings to NielsenIQ best-in-class product attribute data, covering roughly 99% of all online consumer queries across over 80% of U.S. food, pet, and personal care products. With a market-leading database of over 200,000 product nutrients, 400,000 product ingredients, and 9 million product claims, Label Insight’s premier product metadata platform—which spans consumer product preferences such as sustainably sourced, free from specific allergens or ingredients, keto friendly, low sugar, and cruelty free—enables brands and retailers to help shoppers find the products that meet their individual health, wellness, and lifestyle needs.

Through this acquisition, NielsenIQ has become the most comprehensive and robust data provider within the $175 billion health and wellness space, with the richest source of product attribution data, in tandem with its gold-standard, global retail measurement system (RMS) sales data and panel insights. 

“Currently, 80% of consumer health and wellness preferences are not being met when searching for products online,” said Jeanne Danubio, President of NielsenIQ, North America. “NielsenIQ’s acquisition of Label Insight supercharges a mission to help retailers and manufacturers better meet the needs of the health and wellness–focused consumer with a one-stop shop of powerful solutions for the digital future.”

“Retailers and manufacturers are in dire need of powerful analytics and there is no greater power within the product attribution arena than the combination of NielsenIQ and Label Insight,” said Todd Morris, CEO of Label Insight. “We are proud to be joining the NielsenIQ family and we look forward to bringing unsurpassed value to their clients.” 

Leaning into NielsenIQ’s strength in omnichannel retail measurement, panel, innovation, analytics and retail collaboration, and powered by its Connect platform, NielsenIQ is the foremost source in health and wellness. 

Label Insight is headquartered in Chicago, with an additional office location in St. Louis.

Mentioned in this Article

blank
Stories published by EQ Staff indicate that the article is based on a press release that's been sent to the editorial team via EQ's submit a press release for consideration form. Check the EQ IQ score on every article to determine how much due diligence took place. Press release submissions are not guaranteed placements and are selected for publishing on a merit basis. Feel free to drop us a line to learn more or if you have any questions.

🚀 Startup Funding News

T-REX Awarded $500k Grant to Incubate XR Tech

Wash U’s Holekamp Seed Fund Awards $1000 to Kickstart 9 Student Ventures

🏎️ Startup Accelerator News

1ST50K Grant Competition Finalists Head to Cape Girardeau

No STL Startups Join Wells Fargo Innovation Incubator in 2021

Recent Posts

T-REX Awarded $500k Grant to Incubate XR Tech

Curate Raises $1.25M Seed Round to Expand SaaS Platform for Creative Businesses

Popular Posts

How Romanian Startup Appticles is Finding Connections in St. Louis

Create Your List Of Internal Values, Add Your Customer’s Values, Then Go Live Like You Mean It

Not a Crap Idea: Qstodian Platform is Well-Positioned to Keep Developing Ingenious Solutions for a “Boring” Industry

GlobalHack Hosting Second $50,000 Hackathon at Cortex in St. Louis