While it’s still in its growth stage, the plant-based food category has, undeniably, taken root. Consider: according to a report by Bloomberg Intelligence, global retail sales of plant-based food alternatives may reach $162 billion by …
Editor’s note: This article is a free, one-time preview of The Food Institute’s new Premium articles, which will be available to members. To join FI, click here. Dr. Kellyann Petrucci, a New York Times best-selling …
While the seafood sector appears well positioned for growth, can the supply chain hold as demand rises? The Food Institute takes a closer look at some of the category’s recent developments. Supply chain implications as …
The Los Angeles Rams have won eight of their last nine games, the Cincinnati Bengals six of their last seven. As impressive as that is, the teams aren’t nearly as hot as one Super Bowl …
Beef prices are up, but relief could be on the way. Retail beef prices rose 30% from the beginning of 2020, before pandemic lockdowns started, to a peak of $7.90 per pound in October, before …
Drive down the main drag of Duluth, Minnesota – a city with less than 90,000 residents – and you’ll soon notice something: Craft breweries are as abundant as SUVs in this northern town. Duluth’s Superior …
What will the cost of your Super Bowl spread be this year? About 8% to 14% more than 2021, according to Wells Fargo’s inaugural Super Bowl Food Report— a light-hearted look at food and beverage …
Indoor farming company Gotham Greens is growing at an eye-opening rate. CEO Viraj Puri recently told The Food Institute that his company “has grown from a single rooftop greenhouse in Brooklyn, New York, to over …
It’s apparent at deli counters and restaurants all over: Caribbean cuisine is gaining traction with consumers. The National Restaurant Association recently identified Caribbean food as one of its top trends to watch in 2022. AF&Co/Carbonate …
By now, you’re likely familiar with Veganuary, which promotes adopting a vegan lifestyle throughout the month of January. In 2022, though, the so-called Regenuary movement is also taking root. Regenuary is a sustainable eating movement …
Meatpacking, an early epicenter of the pandemic in 2020, is the latest sector to be affected by a surge in cases of the highly contagious Omicron variant. The National Joint Council of Food Inspection Locals …
Wagyu beef, which first gained popularity in Japan due to its tenderness, is gaining traction globally. “Wagyu is one of the fastest-growing food trends,” Daniel Levine, director at Avant Guide Institute, told The Food Institute. …
Demand for allergy free foods continues to rise as consumers encounter a broader variety of motivations to steer clear of certain ingredients.
Get ready to hear the term “TikTok Kitchen” early and relatively often in 2022. The video-sharing social media platform – which has more than 1 billion monthly users – recently announced a partnership with Virtual …
Here’s an eye-opener: even as the pandemic continues, breakfast visits to restaurants have increased significantly. In the three months ending in November, online and physical visits to restaurants for breakfast increased 11% year over year, …
Joseph Chen envisions another challenging year for the food industry in 2022. That said, he also sees a few reasons for optimism. “Food shortages and higher prices will be expected, due to supply chain challenges …
Third-party delivery services like Instacart, UberEats and DoorDash have taken the world of grocery, retail and restaurants by storm. So, what’s the next great innovation for these segments? It could be autonomous delivery, using vehicles …
New research on consumers who use food-delivery companies like UberEats, GrubHub and DoorDash indicates that today’s food-delivery customers tend to be young and wealthy. Virtual brand company Nextbite’s white paper revealed that 71% of survey …
New research shows reason for optimism in the fine-dining space. Merchant Centric, which monitors customer reviews, recently noted that, during the first half of 2021, fine dining had the strongest guest sentiment and star rating …
A consumer shift toward healthier lifestyles and packaging innovations are boosting demand for packaged foods in the U.S. In fact, the U.S. packaged food market size is expected to grow at a CAGR of 4.1% …
Barbecue is red-hot worldwide, according to new research from Irish food company Kerry. “It’s clear that people and cultures intersect on the general topic of open-fire cooking,” said Soumya Nair, Kerry’s global director of consumer …
A recent global survey conducted by EY (Ernst & Young) illustrates consumers are re-evaluating big purchases these days. That said, consumers certainly aren’t shying away from spending on groceries. “Online grocery shopping is a clear …
Chip City launched just four years ago, under less-than-ideal circumstances. The cookie-and-coffee chain’s CEO, Peter Phillips, had a background in construction and was largely unfamiliar with the food industry. The company started with a mere …
Oatly Group AB shares fell nearly 21% on Monday after the plant-based dairy company reported a third-quarter revenue miss and issued a revenue warning for the year. The company, which had a net loss of $41.2 …
While some might shy away from investing in restaurants right now, Dan Rowe is doubling down. The way he sees it, even during a lingering pandemic, people still wake up hungry every day, so certain …
What Vijay Kodali envisioned for years has finally become a reality. “We figure that, if we open our own restaurant and launch it, and make it operational, it’ll be a great story for us to …
A new survey signals that marijuana is competing with alcohol for Gen Z’s dollars. Technomic’s recent Adult Beverage Planning Program report shows that, in states where recreational cannabis is legal, nearly two-thirds (65%) of Gen …
By most accounts, post-pandemic life will involve lots of online shopping for consumers. Coronavirus lockdowns nudged most consumers in that direction, and innovation is pushing them further toward adoption of extensive online shopping for purchases …
On the heels of the fast-food industry’s chicken sandwich wars, has Arby’s fired the first shot in a new battle? The privately held chain recently launched its Country Style Pork Rib sandwich as a limited-time …
Many have lamented America’s current labor shortage. Kristine Gunn, conversely, has tried to maintain an air of positivity, focused on the opportunity that lies ahead. “This really is a time for organizations to reimagine – …
Vericast recently released a report to help CPG brands better understand consumer buying habits amid the pandemic. “As shoppers have settled into new buying habits, brand loyalty has taken a hit overall,” Aimee Englert, Vericast’s …
Prior to last year, David Portalatin noticed it all the time. In his hometown of Houston, restaurant customers sought “Instagrammable moments,” in which they snapped photos of tasty-looking food and friends with whom they were …
What’s going on at Beyond Meat? A week ago, the company’s stock price fell 12% after it warned that third-quarter revenue should come in at $106 million—far lower than its prior outlook and the nearly …
When asked why she feels the keto diet has become so popular, noted author Pascale Naessens smiled, then said: “Because it’s going viral. And, it works.” Naessens, co-author of The Keto Cure, acknowledges that the …
Based on her company’s work studying consumer trends, Sarah O’Grady sees consumers on the hunt for deals this holiday season. “Last year, lockdowns made in-person shopping challenging,” said O’Grady, vice president of brand marketing at …
In line with pandemic-inspired gains in snacking, Americans are eating more ultra-processed foods. Yet, the rise in consumption has been trending higher for years. Researchers at the NYU School of Global Public Health analyzed dietary …
