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 …
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 …
This article is written and sponsored by Transparency Market Research. Rising customer interest in alternative meats, the growing veganism trend, and increased demand from the nutritional supplements industry are projected to drive global yellow pea protein …
As record high prices put a damper on bacon sales, retailers and producers are leveraging innovation to help drive consumer engagement. Per IRI data, dollar sales for bacon totaled $6.4 billion in the week ending …
This article is written and sponsored by Kerry. Naturally sourced from edible plants, botanicals are added to food and drink products for their taste benefits. They include, but are not limited to, herbs, roots, flowers …
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 …
During the Great Recession, consumers spent less, traded down, and cut back on many CPG purchases. A recent report from the IRI Recession-Proof Your Business series explored these behaviors to glean strategies for success in …
This article is written and sponsored by HSBC. Learn how regenerative agriculture is leading us to a more sustainable future According to Feeding America, in 2019, food insecurity in the US had reached its lowest point since …
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: …
This article is written and sponsored by Proaction International. We’re all familiar with the job market buzzwords dominating today’s food and beverage industry headlines: The Great Resignation, tight labor markets, concerns about returning to the workforce …
From antiquity’s gourd shells to modernity’s plastic soda bottles, humanity has created numerous ways to store food and beverages. In 2022, consumers are on the lookout for the most sustainable food containers possible. The Freedonia …
With inflation raging, consumers are beginning to cut costs on everyday CPG food items. And as a result, brand loyalty is taking a hit. Private-label brands, after two pandemic years in which they lost market …
In a recent IRI webinar on consumer packaged goods (CPG) company performance in 2021, senior leaders from three of the category’s top performing companies — Michael Del Pozzo from PepsiCo, Gary Osifchin from Reckitt, and …
Society has come a long way on normalizing discussions about mental health. With that, a growing list of brands are highlighting mental wellness in their marketing. As the issue is increasingly destigmatized—with celebrities and athletes openly discussing their …
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 …
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 …
If all the world’s bees were to die, the face of the earth would resemble Mars, the website for MeliBio bee-less honey maintains. It’s imperative to save the roughly 20,000 native and wild bee species, …
Consumer data analysis firm Catalina reports two years into the coronavirus pandemic, Americans are snapping up certain packaged foods at a rapid clip, and there’s little evidence the trend is slowing much. Bacon, refrigerated snacks …
Plant-based innovations are disrupting the food industry, as the category’s growing prevalence in environmental, social, and governmental (ESG) matters drives investor interest from farm to fork – and beyond. Research from Bloomberg Intelligence suggests the …
This article is written and sponsored by Transparency Market Research. Industrial production of food is subject to handling errors, undercooking, and inappropriate storage conditions that could lead to contamination. Additionally, new pathogens, chemical hazards, and disease …
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 …
ANAHEIM, Calif. – Natural Products Expo West 2022 was a welcome moment of normalcy for the food industry. The Anaheim Convention Center buzzed with an energy that hadn’t been felt since 2019 – when the …
Can the sight of a strategically placed bag of chips on-screen cause consumers to crave the snack? Companies using product placement in advertising are betting on it—and they’re usually right, experts said. BEN, a product …
More major CPG companies are playing in plant-based, flagging the alt-protein category as a potential catalyst for growth. But industrywide, the depth of that value is not easily measured in broad strokes. “When you factor …
The process used to create precision fermentation is akin to alchemists transforming basic metals into gold. In this case, however, scientists are transforming sugar and fungus into hamburgers. According to RethinkX, a think tank that …
Shoppers have historically gravitated to store brands when economic times get tough. But despite record-high prices, private label food and beverage sales continue to dip below their national counterparts at retail. Overall, store brand dollar …
These days, non-alcoholic beverage manufacturers, like PepsiCo and Coke, are seeking to expand their production amid shrinking soda consumption. And, taking that strategy a step further, Pepsi is now hoping to attract younger female consumers …
Cheese is pegged as the next growth category for plant-based dairy at retail, as quality innovations flourish and big players start to make inroads. Globally, the vegan cheese market is expected to expand at a …
LAS VEGAS – The specialty food industry gathered en masse at the recent Winter Fancy Food Show earlier this month, and some noteworthy industry transformations were apparent, influenced by the pandemic and changing consumer preferences. …
DUBAI—Gulfood, the world’s largest annual food and beverage sourcing event, rebounded in a big way from the pandemic this year. The show, which concluded on February 17, featured 4,000 exhibiting companies from 120 countries, up …
U.S. companies should be prepared for retaliatory cyberattacks following Biden Administration sanctions against Russia for invading Ukraine. U.S. Rep. Jim Langevin, a senior member of the House Armed Services Committee, said private companies should be …
A few food companies scored big thanks to this year’s Super Bowl. AdAdapted, a shopping list marketing and insights platform, recently researched the influence of this year’s Super Bowl commercials and found two chip brands, …
