COLUMN: For Tyson and JBS, the Problem is Not Just the Cycle
Input costs are up, prices are falling, volumes are down. It’s an unprecedented environment.
CPG Archive
OPINION: Beyond Predictable – The Perils of Losing Focus After Initial Success
Why is Beyond Meat struggling? What will last in the plant-based category, and will it ever grow again? And what can other founders learn from this classic case of irrational exuberance? The answers may still surprise you.
Future of Soda: Less Sugar, More Influencers
The global carbonated soft drink market size is expected to grow at a modest CAGR of 4.7% through 2028, and industry experts say consumers demand more creative products like craft sodas.
Why Lemon8 May Replace TikTok as Top Marketing App
As Congress considers a ban on the social media platform TikTok due to questions about the privacy of data, online safety concerns and connections with the Chinese Communist Party, many individuals and businesses alike are …
How to Win in the 2023 Snacking Universe
“Snacking is still a lifestyle in the U.S., fueled by the younger generation,” Wyatt began. “We’re in an unprecedented situation as price hikes in this category are outpacing other food/bev categories.”
COLUMN: Resilient Consumers Aren’t Going Anywhere – Yet
With price hikes easing and food company earnings strong, it appears resilient consumers aren’t going anywhere – yet.
Report: ‘Shrinkflation’ Top of Mind for Consumers
Shrinkflation is hitting Americans – hard. Almost three out of four consumers are concerned about the trend of shrinkflation – when companies keep their prices the same, yet give customers less of their products – …
Taking Sustainable Snacks “Beyond the Plant”
Plant-based snacks can be a confusing category for consumers to navigate. The Food Institute spoke with Nora Witt, VP of Marketing at Dole Packaged Foods, about the evolution and key elements of plant-forward snacks across the supply chain.
Food & Beverage Manufacturing M&A Quarterly Report: Q1 2023
Frozen Pizza’s Popularity Spikes Amid Inflation
A new report by Vericast illustrated the lengths consumers are going to save amid inflation. More than anything, many consumers are bypassing restaurants in favor of cooking frozen pizza at home. Vericast’s 2023 Restaurant TrendWatch …
Treat Yourself: 2023 is the Year of Record-setting Candy Consumption
Even amid inflation, candy consumption is occurring at a record-setting pace. Confectionery shoppers are looking for deals, but they remain committed to their candy consumption. According to the National Confectioners Association’s recently released 2023 State …
Survey: Boosting Alt-Meat Adoption
A new survey by Sweet Earth explores the decline in alt-meat adoption to source potential solutions to reignite consumer interest.
5 Food Trends Displayed at CHFA NOW Event
VANCOUVER – Canada has, historically, been a follower when it comes to food industry innovation. Clearly, however, times are starting to change. In recent years we have seen many innovative brands, product concepts, and progressive …
Webinar Shows ‘Healthy’ Top of Mind for Consumers
The Food Institute was recently joined by two registered dieticians to discuss the state of wellness for the Food Industry. Marie Molde (MBA, RD) from Datassential and Barbara Ruhs (MS, RDN, RD) from Avocados from …
Basket Case: Consumers’ Top 10 Easter Candies
Easter is right around the corner on April 9, and with that comes baskets and egg hunts filled with oodles of candy. Roughly 85% of consumers plan to celebrate Easter this year, and 50% of …
International Cuisine, Natural Ingredients Could Define 2023
A new report suggests healthful ingredients, indulgent dishes, and exotic international cuisine could dominate menus in the months ahead. Cozymeal’s 23 Food Trends for 2023 report made it clear that products catering to the health …
Are Ingredient Suppliers Signaling Trouble Ahead?
One of the biggest stories in food manufacturing in 2022 was the ability of producers to take pricing. Despite price increases usually in the range of 15% year-over-year (if not higher), major manufacturers were able …
3 Key Menu Trends Noted by Unilever
Unilever’s new Future Menu Trends report noted several tips intended to provide tangible solutions for food operators.
Top Trends from Expo West Include Evolving Plant-Based Protein
Natural Products Expo West 2023 put plant-based innovation on display. Here’s a look at the trends that were most apparent.
Report: Global Salt Consumption Spiraling Out of Control
The World Health Organization had hoped to reduce worldwide dietary salt consumption by 30% by 2025, but a report issued this month by the U.N. agency admits the plan is woefully off track. Sodium is …
The Future of AI and the Food Industry
The future of the food industry is coming into focus as artificial intelligence (AI) grows increasingly popular.
CPG: Economic Pressure Impacting All Consumer Groups
Economic pressure continues to put a squeeze on consumers across all income tiers, leaving them vulnerable to further downturns in the year ahead.
The Food Industry’s ‘Unique Vulnerabilities’ to Cyberattacks
Cyberattacks at food companies have sounded alarms throughout the industry, leaving many businesses wondering when they will be attacked.
Analysis: Why Private-label Product Sales are Surging
In trying to control household costs, consumers often turn to private-label products, which the Private Label Manufacturers Association reported grew at 11.3% — to a record $228.6 billion last year. “Lacking the marketing cost component …
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The Delicious State of Pizza in 2023
In honor of National Pizza Day, The Food Institute took a deep dive into the state of pizza to see how it may fare in 2023.
Breakfast Costs Continue to Climb
Americans may have to start rethinking breakfast as eggs flirt with $5 a dozen and with orange juice prices set to jump because of a poor Florida citrus crop and low cold storage stocks. “Even …
COLUMN: Let’s Learn from the Demise of Freshly
The public markets (and strategic firms) aren’t kind to businesses that don’t make much money and then stop growing. The recent shutdown of Freshly shocked many of its consumers, but not those following the ~$6B …
Canned Seafood Making Serious Comeback
Most canned seafood is rich in omega-3 fatty acids and essential vitamins, adding healthy benefits to nearly any meal.
Report: Gen Z, Millennials Boosting Candy Sales
New research suggests many consumers have an undeniable sweet tooth these days, and candy sales back that up. A report by the National Confectioners Association (NCA) revealed that non-chocolate candy is the second-largest selling confectionery …
Expert: Price Hikes Could Moderate this Year
Consumers could be getting a break with companies like Conagra Brands, maker of Hunt’s ketchup and other popular packaged groceries, pulling back on price hikes following last year’s worst inflation in four decades. In its …
Chicken or the Egg? HPAI’s Impact on Pricing
On the surface, the appearance of highly pathogenic avian influenza (HPAI) in 2022 should have pushed prices up for both chicken and eggs at an equal level. But anyone keeping an eye on supermarket shelves …
Shortages of Potatoes, Onions Send Industry Scrambling
Bad potato and onion crops, coupled with cost and availability issues, may have consumers hearing, “You want zucchini sticks with that burger?” Portillo’s CEO Michael Osanloo said supplies of onion rings and French fries have …
Survey: Consumers Already Bracing for Recession
Though experts still are split on whether the U.S. Federal Reserve’s inflation-fighting moves will plunge the economy into a recession, consumers apparently aren’t waiting for the official figures, already trimming their grocery bills and choice …
Trials Show Workers Love Condensed Workweeks
Restaurant owners are following the corporate world’s lead in having employees test the four-day workweek – but a south Florida Chick-fil-A owner has gone further by having employees in his fast-food establishment work 13 to …
Analysis: ‘Value’ Food Manufacturers Positioned Well for Recession
In the U.S., inflation has been running above 5% since the middle of 2021. For packaged foods players, input cost increases have been even higher. Yet, at least so far, even the companies on the …
Experts Call on F&B Manufacturers to Assist SNAP Participants
With 42 million Americans participating in the Agriculture Department’s SNAP – Supplemental Nutrition Assistance Program – and more than half of U.S. households earning less than $75,000 a year, food manufacturers are in a unique …