Author: Jordan Wiklund > Page 5

Third-Party Delivery Apps Facing Uncertain Future

Third-party delivery firms are making headlines again. A growing number of investors, customers, and workers are fed up as the companies hemorrhage money and relentlessly chase growth— burning cash, customers, and vendors along the way …

Predicted Increase in Travel Could Benefit QSRs

U.S. gas prices breached $4 per gallon in every state in March, according to AAA, while JP Morgan predicts they could surpass $6 by the end of the summer. Regardless, after two years of COVID …

NYC Grubhub Debacle Furthers Restaurant-Delivery App Tensions

Is the relationship between third-party delivery companies and restaurants starting to fray? A Grubhub promotion offering free lunch to all New York City customers on Tuesday turned into chaos for both restaurants and customers. The app was offering …

Analysis: What’s Driving Growth in Specialty Food

Once a niche, hard-to-find category, specialty food is becoming a staple in consumers’ kitchens. KeHE Distributors President and CEO Brandon Barnholt recently joined The Food Institute Podcast to discuss specialty food trends, factors affecting the industry, and …

Robotic Delivery, Including Ice Cream, Expanding

The classic ice cream truck is getting a makeover. Automated “store on wheels” platform Robomart has partnered with Unilever to deploy robotic vehicles for ice cream delivery this summer, reported Supermarket News (May 6). Consumers …

What Are the Growth Prospects for Fermented Foods?

Though kimchi and sauerkraut may be top of mind when thinking about fermentation, the opportunities actually stretch far wider. In fact, the fermented food and drinks market is expected to grow by $533 million through 2026 at …

No Shortage of Shortages as Supply Chain Issues Persist

As supply chain problems persist, there’s no shortage of shortages these days. A baby formula shortage has become wide ranging, for example, with a current out-of-stock rate of 40%, up from 31% in early April. …

Innovative New Products Entering the Plant-Based Category

The plant-based foods category has come a long way. It’s no longer just veggie burgers, soy milk, and tofu. Here are five of the most innovative new products in the marketplace: Black Sheep Foods Plant-Based ...

Vietnamese Restaurants See Opportunity at the Drive-Thru Window

Vietnamese restaurants see potential in the fast-food category. Many American cities, such as Philadelphia, Washington and San Jose, California, are experiencing a surge of new Vietnamese restaurants, reported The New York Times (April 26). And Vietnamese restaurateurs are hoping to …

Restaurants Grapple with Rising Chicken Prices

Chicken is not as cheap as it used to be. USDA reported prices for skinned boneless chicken breasts in the Northeast region were ranging between $3.30 and $3.35 per lb. on May 4. Food Institute …

What Are the Top Online Grocery Pain Points?

It’s been over two years since the start of the pandemic, a span in which many consumers began ordering groceries online for the first time. Though significant improvements have been made along the way, there …

Report: 40% of Consumers Buying Plant-Based Foods

Nearly half of consumers are buying plant-based products in 2022. A new report from Acosta found that 40 percent of consumers surveyed in March purchased plant-based protein and/or dairy alternatives within the last six months, …

How Restaurants Can Retain Price-Conscious Consumers

A recent survey of middle-income households shows 57% anticipate buying fewer takeout and dine-in meals, reported Restaurant Business (April 20). At the same time, restaurants are struggling to keep prices in check. With these factors in …

Fried Food Demand Continues to Sizzle

Consumers are still loving all things fried. Market research service Mintel Menu Insights found that the number of fried foods on U.S. restaurant menus rose 5% during the first three quarters of 2021. And with …

Food Businesses Step Up Sustainability Efforts

For Earth Day, The Food Institute takes a closer look at recent industry efforts to meet the growing sustainability expectations of consumers. RETAILERS Sam’s Club recently revealed new sustainability efforts for its Member’s Mark private-label …

Analysis: Is the Alt-Protein Movement Overhyped?

While some in the industry are optimistic about alt-protein’s prospects and perceived benefits, others claim alt-protein is, in some respects, overhyped, as noted in a new report. The Politics of Protein, by the International Panel …

What’s Behind Hormel’s Success?

Hormel Foods International President Swen Neufeldt recently joined The Food Institute Podcast to discuss the company’s strong performance over the past several quarters, the resilience of its legacy brands, and the prospects for emerging plant-based lines. Below are highlights from …

Could a 4-Day Workweek Benefit the Food Industry?

Along with Henry Ford’s assembly line in 1926 was the introduction of the standard five-day workweek. And while it certainly remains the norm, some groups are beginning to challenge this time-tested schedule in pursuit of …

Analyzing Whole Foods Foot Traffic

A new report from Placer.ai, titled Placer Spotlight: Whole Foods’ Journey Since the Amazon Deal, takes a closer look at Whole Foods foot traffic data over the past several years. Here are some key takeaways: …

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Teen Spending Up, Interest in Plant-Based Down

Teens are spending more money (+9%) and food is a top priority, according to Piper Sandler’s Taking Stock with Teens Spring 2022 survey. With these themes in mind, below are key findings that food industry …

Why Restaurants are Venturing into the Metaverse

Restaurant chains are entering the great unknown, taking bold leaps into the “metaverse.” It’s the latest endeavor by fast-food brands to reach potential customers where they’re at. The Food Institute investigated exactly how the strategy …

Rapid Shutdowns for Rapid Delivery

When U.S. delivery startup Zero Grocery abruptly closed recently, it stunned northern California businesses that sold its products. Many were owed money and questioned what went wrong with the fast-growing startup, reported San Francisco Chronicle (March …

Goat Milk Gaining Steam, Due to Versatility

We might be seeing more goat milk products in the near future. The market is projected to grow at a CAGR of 4.6% and reach $17.9 billion by 2030, according to a new report by …

3 Keys for Successful Social Media Marketing

Food businesses are losing faith in Instagram following a change in its algorithm. The social media platform’s choice to prioritize videos over photos has created unforeseen costs for small businesses, leaving many owners frustrated, reported …

The 5 Healthiest Yogurts Currently on Store Shelves

With so many yogurt brands and styles to choose from these days, it can be confusing to determine the best option in the dairy aisle. From Greek to Icelandic, full-fat to fat-free, and a plethora …

Analysis: Is There Too Much Plant-Based Competition?

Seemingly any product you can think of has a plant-based alternative these days. When The Food Institute attended this years’ Natural Products Expo West, we found a plethora of plant-based brands with items like alt-chicken …

TikTok is Becoming a Food Industry Influencer

Users sharing their food on social media is nothing new, but TikTok is taking the phenomenon to new heights. Earlier this week, the hashtag for “food” had garnered a whopping 268 billion views on the …

Does the Keto Diet Have Staying Power?

The keto diet is still making headlines after surging in popularity several years ago. Food sensitivity specialist YorkTest researched the most viewed diet-related hashtags on TikTok and found that Americans can’t get enough of the …

Why Functional Ingredients Have Consumers Hooked

It doesn’t look like the health and wellness trend is going anywhere – and functional food ingredients are sure to benefit from it. So much so, that the market is projected to reach $118.4 billion …