Call it a perfect storm: COVID led to labor shortages and supply chain issues and to fuel shortages, all of which contributed to inflation. Factor in Russia’s invasion of Ukraine and unpredictable weather, and food …
We may not have George Jetson’s flying car quite yet, but we could soon be getting a significant amount of our deliveries by drone if Amazon and Chili’s have their way. Amazon has been talking …
As consumers continue to blur the line between snacks and meals, the plant-based category is playing an active role in the space between. Seventy-eight percent of global consumers say their definition of snacks has evolved …
As rampant inflation tightens its grip across the food industry, many consumers are cutting back on grocery staples and trading down to cheaper items. All the while, higher-ticket prepared food sales are soaring. Comparative unit …
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 …
Upon returning from vacation, I was saddened to hear of the passing of Bill Bishop, an industry legend who also happened to be one of the nicest guys I ever met. To be fair, many …
Retailers are digging up new ways to boost fresh mushrooms sales in the produce department and beyond, as consumer interest in fungi functionality continues to thrive. The global mushroom market size is expected to reach …
Like many things, consumer behavior has changed over the past two years. In fact, a new report from Placer.ai found that hybrid work, increased economic uncertainty, and more leisure activity, dramatically accelerated the rate of …
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 …
Investors appear to have soured on Beyond Meat, sending its stock price from a $160.28 to as low as $35.74 in the last year, as competition in the alternative-meat sector has increased and the company’s …
When U.S. delivery startup Zero Grocery abruptly closed recently, it stunned northern California businesses that sold its products. Many were owed money and questioned what went wrong with the fast-growing startup, reported San Francisco Chronicle (March …
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 …
Seemingly any product you can think of has a plant-based alternative these days. When The Food Institute attended this years’ Natural Products Expo West, we found a plethora of plant-based brands with items like alt-chicken …
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 …
What’s the mindset of the average American consumer in 2022? Kerry, a global food company, examined that question last week in a webinar titled “How America Eats: Creating Data-Driven Success for Food Brands.” “We’ve been …
Online grocery shopping is reshaping e-commerce and is expected to become the top category this year, Adobe Analytics recently reported. “E-commerce is being reshaped by grocery shopping, a category with minimal discounting compared to legacy …
In 2022, consumers have a growing thirst for functional beverages. The global functional beverage market size was estimated at nearly $120 billion (USD) in 2021 and, according to researchandmarket.com, is projected to grow at a …
The pandemic era strengthened food and beverage trends like health, wellness and nostalgic indulgence. While contradictory at first glance, these behaviors are finding alignment as consumers redefine what constitutes “healthy” behavior. Health and wellness are …
On the heels of a stagnant sales year for store brands, Amazon and Kroger are bulking up their private label portfolios with plant-based products. Is category innovation on the horizon? The Food Institute Podcast · …
Burger giant McDonald’s led the way among fast-food chains, suspending operations in Russia less than two weeks after the Kremlin began its invasion of Ukraine and the West began imposing sanctions on Moscow. The likes …
Gamers are proving to be an influential demographic in the food industry. In fact, research from Wunderman Thompson Commerce’s Future Shopper Report 2021 shows that globally, 84% of online shoppers are gamers. With this in …
Alternative meat sales continue to plateau at retail following strong performance in recent years. Has plant-based meat reached its peak, or is this just a lengthy chapter in the emerging category’s evolutionary process? According to …
For some time, it seemed like there was a new app every week promising New Yorkers food and other deliveries in 15 minutes or less. Now, it looks like there could be a bump in …
With inflation running at its highest level in four decades, consumers are pinching their pennies and looking to dollar stores to stretch tightening budgets. With inflation currently running at 7.5%, consumers are getting nervous about …
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 …
Consumers think grocery stores have a lot more work to do on sustainability, according to a recent survey from Retail Insight. More than half of respondents said grocery stores must improve their sustainability claims and …
Newsweek recently released its America’s Best Loyalty Programs 2022 list and several food brands stood out. In the grocery category, Kroger, Sprouts Farmers Market and Publix Super Markets landed the top spots, while Jersey Mike’s …
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. …
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, …
Makers and merchants in the $170.4 billion specialty food industry have a history of introducing trends that stick. With that in mind, here are three categories to watch regarding specialty foods in 2022: VEGETABLE INSPIRED …
Meal kits are at a crossroads. Despite strong sales earlier in the pandemic, customers have dropped meal kits in droves as restrictions ease, while soaring food and logistics costs squeeze margins. In December, HelloFresh released 2022 …
Foxtrot, a modern convenience store chain with an all-day café and a 30-minute delivery app, aims to expand into more metropolitan areas following its $100 million Series C raise in January. What differentiates Foxtrot from …
Inflation at the grocery store continues to rise — and consumers are noticing. In fact, the CPI food at home index rose 7.4 percent over the last 12 months, according to The Bureau of Labor …
Interactive & Educational Conference Designed to Meet the Needs of Retailers, Foodservice Operators, Food Manufacturers, Investors, Financial Services and Policy Makers, Scheduled for June 1-3 February 16, 2022/FI Newswire/ – The Food Institute and The Lempert …
