Food Manufacturing Archive > Page 11

Weakened Chicken Demand Pummels Tyson

Tyson Foods’ first quarter earnings missed Wall Street estimates as improved beef and pork supplies weakened demand for chicken, the company said. And chief financial officer John R. Tyson said the next quarter also will …

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 …

Food Fraud Awareness Increasing

Whether it be supplements spouting unproven health benefits, or products to which harmful substances have been added, food fraud is a growing problem globally. Fortunately, experts say food companies can take careful steps to avoid the issue.

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 …

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 …

Plant-Based Meal Kits Keep Growing

As pandemic demand for meal subscription services dwindles, the industry continues to evolve — for better or worse. Could plant-based varieties boost overall market growth in the year ahead?

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 …

In-Store Bakeries Offer Opportunities for Sweet Success

In-store bakery performance is on the rise, with a whopping 95% of shoppers eating a bakery item at least occasionally and 63% doing so weekly, according to a new FMI report. The report, which explored …

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 …

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Plant-Based Trends to Watch in 2023

What will 2023 hold for plant-based? The Food Institute spoke with several industry analysts to explore what’s in store for the year ahead.

How Coca-Cola and PepsiCo Have Defied Market Downturn

For Coca-Cola and PepsiCo, 2022 seems like it should have been a difficult year. As we discussed just a couple months ago, the challenges facing the food and beverage industry are numerous. Inflation continues to …

Experts Predict Asian Food Boom in 2023

To hear experts tell it, an Asian food boom has begun in America. During Tuesday’s Food Institute webinar – “What’s Ahead in 2023?” –Solomon Choi, CEO of Jabba Brands, noted that internationally-inspired hard seltzers and …

Outlook Sizzling for Plant-Based Deli Meats

Lunch meats were a star player at retail throughout the pandemic and that trend is retaining its momentum. But can this boon boost demand for plant-based deli cuts?

2023 Flavor Forecast: Expect Influx of French Cuisine

When it comes to classical cooking and decadent flavors, look no further than France. With centuries of tradition and innovation, excellent French cuisine is some of the most celebrated and sought after. Flavor giant McCormick …