As we approach the midway point of the year, it’s time to take a closer look at some of the top food industry trends. With that, here are key findings from Trendincite’s recently-released Top 5 …
As consumer spending buckles under the weight of inflation, store brands must work harder than ever to capture market share. In first quarter of 2022, consumers across all outlets were spending more but buying less …
CHICAGO – Bright, multi-colored displays of gummies and exhibitors touting their presence on TikTok largely stole the spotlight at the recent National Confectioners Association’s Sweets & Snacks Expo. Gummies are big business, included in the …
When it comes to perceived health benefits, plant-based alternatives are at a pivotal juncture. On a recent Food Institute Podcast, Kerry Nutrition Scientist Nathan Pratt, PhD, RD, unpacked the challenges — and responsibilities — food …
Pepsi will no longer sponsor the Super Bowl halftime show. The company said in a statement that the decision is part of a “larger strategic shift to bring unprecedented music and entertainment experiences” to people …
Consumers’ perpetual sweet tooth for frozen treats continues to drive category sales, despite equally persistent supply chain challenges. In particular, the frozen novelty segment has been a powerhouse over the past few years, with April …
In 1974, the United Nations hailed the blue-green microalgae spirulina as possibly the “best food for the future.” Nearly half a century later, food and beverage manufacturers appear to be catching on. The spirulina market …
Food companies turned out to be some of the most reputable companies in the eyes of Americans in this years’ Axios Harris Poll 100 survey which gauges the reputation of the most visible brands in …
The food industry should be on high alert this summer amid warnings from the North American Electric Corp. that high temperatures, drought and the prospects of extreme weather could contribute to blackouts across the continent. …
CHICAGO – A sign at the Sweets & Snacks Expo on Tuesday spoke volumes about current trends in the food industry. The banner simply stated: “INTENSE indulgence … MINDFUL indulgence … HEALTHY indulgence.” Clearly, snacking …
Even a lingering pandemic has done little to slow the momentum of Merkado, an independent restaurant serving Mexican comfort food in San Francisco. The establishment, which features a menu inspired by Yucatán and Jaliscan cuisine, …
When Dutch professor Mark Post unveiled the first cultivated meat burger in 2013 at a cost of $330,000, few could have imagined how the category would evolve. In fact, companies can now create a patty …
Companies producing trail mix are on the path to higher revenue. In fact, the trail mix market size is set to grow by $11.2 billion by 2026, according to global market research firm Technavio, which …
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 …
