Innovation Archive

3 Key Takeaways From the 2024 Private Label Trade Show

The 2024 PLMA Trade Show showcased private label’s ascent, with U.S. store brand sales projected to surpass $250 billion this year. Trends like globally inspired dips and coffeehouse-style beverages at home captured consumer interest.

Coffee Omakase, Flights Capture Consumer Interest

A recent Trend Tracker report from Yelp found that “coffee omakase” enjoyed a shocking 5,173% rise in searches between Sept. ’23-’24. What’s behind this surge in interest?

Cava’s Secret Sauce: The QSR Is So Hot Right Now

The latest financial data shows Cava is enjoying tremendous success, outpacing the fast-casual dining segment and sustaining jaw-dropping growth. Some of this success is likely thanks to its Gen Z engagement strategy.

Quantum Leap: Is Quantum Farming the Future of Produce?

Dr. Tsipi Shoham, a cancer researcher turned CEO, believes “quantum farming” – an innovative, AI-driven agriculture method – could improve public health. She also feels she has found the answer to indoor farming’s short-comings.

A Twinkle in Time: F&B Brands Serve Nostalgia by the Spoonful

F&B brands are tapping into nostalgia by reintroducing iconic products from the past, like Twinkles cereal from the 1960s. By offering these LTOs, brands appeal to consumers’ emotional connection to products, resonating across generations.

From Data to Dollars: AI Inspires Marketing Hyper-Personalization

AI is revolutionizing the consumer journey for CPG brands. Yet, while AI enhances predictive insights, concerns about data privacy and the balance between automation and human connection remain key considerations for brands, according to industry insiders.

From Pests to Plates: Insect Market to Mature

The global edible insect market is slated to grow by $11.42 billion from 2024-28, with the growing food shortage as a contributing factor, as well as the high nutrient density and low rearing cost of insects. However, insects are often perceived as “unhygienic” in many cultures.

Groceries, Healthcare Prove a Winning Retail Combination

A new report from Placer.ai highlights that grocery stores offering in-store healthcare services are seeing increased foot traffic, particularly from higher-income customers. Wellness offerings not only boost store visits but also enhance customer loyalty.

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Drinks Catering to Gen Z Steal the Show in Chicago

The event’s exhibitors focused on foods, drinks, and equipment designed to help foodservice operators create unique taste experiences. Beyond offering crave-worthy fusion dishes and fun iced beverages, exhibitors offered a wide array of vending machines on the show floor.