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.
Input costs are up, prices are falling, volumes are down. It’s an unprecedented environment.
This is fastly becoming the year of functional confectionery and “super sour” candy. Manufacturers are taking note in an era in which consumers are receptive to brief indulgences.
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.
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.
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 …
The process of upcycling food – finding new, higher-value uses for items that would otherwise go to waste – appears to boast untapped potential for businesses these days.
“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.”
With price hikes easing and food company earnings strong, it appears resilient consumers aren’t going anywhere – yet.
This article is sponsored and written by GTF Technologies. By now, everyone in the food industry knows that 30-40% of food produced1 and almost half of all fruits and vegetables grown worldwide2 go to waste. …
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 – …
The ramifications of weather and war have resulted in a global rice shortage, which could be among the worst in nearly a quarter century. Rice production for 2023 appears destined for a severe shortfall. “The …
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.
Most consumers are aware that products like deli meat trigger occasional foodborne illness outbreaks. Those same people might be surprised, however, to find that items like onions, peaches, and flour are also common culprits of …
Nestle SA recently announced that only 30% of its portfolio is considered healthy after conducting a self-assessment using the Health Star Rating (HSR) system. The rating test also showed that a third of Nestle’s sales …
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 …
NEW YORK, April 13, 2023/FINewswire/– The Food Institute, the leading source for food industry news, data, and trends, announced today the official launch of “FI Latam” – The Food Institute’s Latin America-focused content platform. Elements …
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 …
A new survey by Sweet Earth explores the decline in alt-meat adoption to source potential solutions to reignite consumer interest.
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 …
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 …
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 …
European brand Juicy Marbles aims to disrupt the alt-meat category by focusing on whole cuts. Will its competitors follow suit?
As cargo thefts surge around the U.S., food and beverage commodities have become the top target, according to the latest CargoNet data. And the trend doesn’t show signs of slowing. CargoNet’s theft report revealed an …
Food manufacturers are working on eco-friendly packaging – made out of materials such as corn starch, cane sugar pulp and calcium carbonate – to cut down on waste.
With some financial experts predicting a fairly significant downturn soon, here’s advice for recession-proofing your business.
Engineers at Columbia University have demonstrated the future of digital cooking by 3D printing a seven-ingredient slice of cheesecake.
Once was a niche product category, natural and organic foods have now become a thriving sector.
The vegan cheese category has become rather crowded, yet opportunities remain for savvy producers, according to one CEO.
If anyone needed a reminder that meat producers are cyclical businesses, fourth quarter results provided it. Across the space, profits deteriorated at a shocking pace. For Brazil’s JBS SA, the world’s largest food company by …
Vegetable oil, an essential in everything from pizza dough to shampoo, is in short supply largely because of weather disasters and the growing use of biofuels to replace fossil fuels as the fight against climate …
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 …
The Food Institute spoke with Rob Dongoski, Agribusiness Leader at EY, about the future of alternative proteins and whether consumers have moved on.
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 …
Unilever’s new Future Menu Trends report noted several tips intended to provide tangible solutions for food operators.