When Dutch professor Mark Post unveiled the first cultivated meat burger in 2013 at a cost of $330,000, few could have imagined how the category would evolve. In fact, companies can now create a patty …
Millennial parents have become massively impactful consumers. Several stats speak to the generation’s purchasing power. First, millennials in general are the largest adult cohort worldwide, with 23% of the global population – or 1.8 billion …
The convenience store long has been a place where one could grab a quick slushy on the way home from school or a bag of chips on the road. But a funny thing has happened: …
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 …
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 …
Companies producing trail mix are on the path to higher revenue. In fact, the trail mix market size is set to grow by $11.2 billion by 2026, according to global market research firm Technavio, which …
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 …
Inflation is causing shoppers to rethink their buying journeys, which has made price a more important factor than ever. That is affecting how shoppers both plan and execute their supermarket trips, and grocers must start …
After a challenging number of years, it looks like the bakery industry is in good shape. In Rabobank Consumer Foods Analyst JP Frossard’s third edition of “Bakery Bites,” he looks at current growth drivers for …
Pizza chain Papa Johns has mounted a charge during the pandemic, leading to plans to open as many as 1,800 new locations worldwide by 2025. “Our outlook for developing new stores and introducing more customers …
The global plant-based alternatives market could swell to $166 billion in the next decade, according to an updated forecast by Bloomberg Intelligence. Bloomberg’s May 2022 projections incorporated 2021 results into the Plant-Based Foods Poised for …
President Joe Biden has increased the number of counties eligible for double cropping as part of a series of actions aimed at increasing U.S. production to offset tight global food supplies sparked by Russia’s invasion …
A recent webinar from market research firm IRI unpacked various snacking opportunities around the globe that are enticing shoppers amid current economic challenges and new patterns of consumption. Here are a few key takeaways: The …
This article is written and sponsored by Kerry. In the wake of the COVID-19 pandemic, consumers are constantly looking for ways to personalize health benefits from everyday food and beverages. Kerry’s 2021 research notes that over …
The best time to measure the privilege of being an iconic brand is any period of rapidly spiking inflation. The Consumer Price Index has jumped 8.5% in the last year alone. And the country’s most …
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 …
MINNEAPOLIS – As he gazed out at the sizable gathering at the University of Minnesota on Wednesday, Pete Pearson didn’t mince words. Pearson, senior director of food waste at the World Wildlife Fund, asked the …
Everyone remembers that first job: the first whiff of responsibility outside school or home, the ability to put cash in one’s pocket that didn’t come from mom or dad, that incredible flush of independence. But …
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. …
Remaining Unprofitable The global market for third-party delivery companies swelled to $150 billion as of September 2021, tripling since 2017, according to research from McKinsey & Company. While restrictions related to the COVID-19 pandemic helped …
The rise of in-store fulfillment was rapid, and it created new challenges alongside new sales opportunities. Customers are demanding faster speeds and more convenience while grocers now need to juggle multiple fulfillment options while keeping …
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 …
Loyalty and subscription services helped companies retain current customers and attract new ones, even as the pandemic upended many business models. “Loyalty programs are popular right now for several reasons,” Jacob Borgeson, director of product …
Judging by online searches, veganism is not as hot as it used to be. The global popularity of vegan-related search terms appears to be slowing down, according to a recent analysis of Google AdWords data …
New consumer research suggests that meal kits are gaining momentum – especially with young adults. According to research from Culinary Visions, an insights and trends forecasting practice, 49% of consumers ages 18-34 say meal kits …
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 …
In the same vein as national restaurant brands increasingly marketing to marijuana users as states continue to legalize the drug, the restaurant industry is aligning with sports betting to help boost revenue. And with good …
Berries were a powerhouse throughout the pandemic and the category continues to thrive as convenience and nutritional appeal keep consumers coming back for more. According to an April report by IRI, fresh berries are the …
How will consumer behavior shift as prices climb amid inflation? Most c-suites – in food business, and beyond – are inadvertently approaching this question with a purely rational framing, evaluating the marketplace as if every …
It’s been four decades since consumers were slapped with a double whammy of rapidly rising food and gas prices. In the 1970s and early 1980s consumers coped by switching to generics, changing their diets, and …
In America, the sushi business is booming. Yet, industry leaders like Taka Tanaka know change is on the horizon, creating uncertainty. Though America has a growing appetite for sushi – the segment is expected to …
Image courtesy of Whole Foods Market Cashierless stores are a promising technology that could redefine how shoppers interact with grocery stores, but the field is still in its relative infancy, with experimentation ongoing. While solutions …
While many thought global shipping bottlenecks would ease by mid-2022, a number of factors promise to extend supply chain pain into the near future. In 2021, supply chain bottlenecks were mostly a function of record …
