Even in the face of record inflation, consumers have remained resilient and have stuck with third-party delivery apps for the convenience of a delivered meal. But what exactly did they order in 2023?
The global health and wellness food market was $940 billion in 2022 and is projected to grow at a 5% CAGR, hitting $1.47 trillion in 2027.
Monolithic allegiance has given way to the brands and companies that can provide the best, most convenient, and value-driven experiences, making every consumer a seven-headed hydra.
Food preferences are a complex interplay of taste, health, value, and convenience. While these factors are universally important, the way they manifest can vary across generations due to differences in life stage, culture, macro-economic conditions, …
Nostalgia and fond memories have kept cookies popular and the treats remain a favorite because of their portability and versatility.
What does it take to design a novel system for alternative protein production? Christie Lagally, CEO of alt-chicken company Rebellyous Foods, spoke with FI about poor alt-meat infrastructure and what her company is doing about it.
About 68 million birds have been killed since the outbreak began in the U.S. in February 2022. Cases are again beginning to tick up, with 2.8 million birds killed on Iowa farms in the past month and 1.3 million at an Ohio egg farm.
Let’s take a look at the consumer perceptions driving disruptive brands, like Feastables chocolate from MrBeast. Manufacturers are feeling pressure on both price and experience: Food and beverage manufacturers are feeling pressure from both store …
And that’s OK. In many ways, being authentic isn’t about the best product or service or value or lifestyle; it’s about being human, which is being vulnerable. Vulnerability is the heartbeat of authenticity, the subtle brand drumbeat that brand advocates and consumers can hear. Without a heartbeat – without being occasionally vulnerable – it will be hard to resonate and grow the brand in a way that feels organic, fresh, and authentic.
As the calendar turns toward a new year, many consumers continue to watch their budgets closely. And that factor is shaping retail strategies for 2024. “The average American family has eaten into the savings it …
Mexican Chef Iliana de la Vega, a 2022 James Beard Award winner, grew up at a time when her native country’s food never was considered fine dining. And then her grandmother started sending care packages …
After years of economic upheaval, frozen food remains a beacon of convenience, innovation, and at times, affordability. Which categories and brands are in high demand as the new year approaches?
“Today’s warehouses often have the three D’s – they are dull, dusty, and dangerous…automation and simulation environments can support operators in performing their jobs more efficiently and in safer work environments.”
The boundless, expansive (and often expensive) world of beverages, both bottled and not, shows no signs of slowing down. It used to be easy to go to a grocery store, a C-store, or a retailer …
Plant-based restaurants are experiencing a shakeout as operators recalibrate their menus to address economic challenges. FI checked in with T.K. Pillan, CEO of Veggie Grill, to explore how the vegan QSR is streamlining its offerings to meet evolving consumer demands.
The second wave of retail media networks is already upon grocers and retailers – and CPG makers could be among those to benefit the most.
The quarterly percentage of American adults who say they purchase organic food regularly (or, “every chance I get,”) is up two percentage points since the first quarter of 2021, reaching 12%.
Ghost kitchens – restaurants without seating or even take-out counters – proliferated during the pandemic when people were virtually trapped in their homes, afraid to enter confined spaces packed by strangers and, as a result, …
“Remember that running a food and beverage business can sometimes be akin to ‘buying yourself a job;’ it may not always guarantee immediate or substantial returns on investment.”
McDonald’s has nearly as much brand magnetism with Gen Z as Dwayne “The Rock” Johnson or Ariana Grande. And in 2023, the purple-hued force of attraction that connected the burger giant with young consumers was …
Dynamic pricing in retail requires patience, data diligence, and knowledge of the local market, and consumers are receptive of the practice.
Teens are trendsetters. They are typically early to the next big thing and most of their spending is discretionary, making them a lucrative demographic to study.
Move over, pumpkin spice: ’tis the season to deck the halls and sprinkle a little peppermint in every item possible.
There is no new normal and innovation will continue to advance at lightning speed.
Blumenthal said one of the major positive shifts he had seen since the pandemic was an increased focus on collaboration across the foodservice continuum.
Among the plant-based options highlighted at a recent PLMA event were convenient, handheld snacks such as porkless carnitas and alternative chicken fries.
Anchin, a premier accounting, tax, and advisory firm serving the Food & Beverage and Beauty, Health and Wellness industries, hosted its “State of Food, Beverage and Beauty” in November.
The Specialty Food Association recently unveiled its trends to watch for in 2024, and international flavors were a prominent theme. Clearly, the fact many consumers are working from home these days has sparked a sense …
According to a Statista report, the global revenue of energy and sports drinks reached approximately $159 billion in 2021 and is estimated to increase to $233 billion by 2027. While the U.S. largely dominates the …
According to the 2022 Internet Crime Report by the FBI’s Internet Crime Complaint Center, the potential total loss from cybercrime in the U.S. increased from $6.9 billion in 2021 to more than $10.2 billion a year later. Current projections suggest that the cybercrime problem will only worsen.
Climate change is shifting from being a looming threat to an active influencer of consumer choices. The most recent EY Future Consumer Index offers a deep dive into the ways climate change is starting to …
Innovation was on the menu at the 2023 IFMA Presidents Conference – including new technology, emerging international flavors, and more.
Tofu is enjoying a new era of popularity thanks to its adaptability and nutritional clout. But despite its position as a plant-based powerhouse, this longtime vegan staple has its own share of hurdles to overcome.
Across the food and beverage industry, health and wellness innovations are a prime target. What up-and-coming inclusions are consumers buzzing about? Here are five ingredients topping the charts on Brightfield Group’s Social Listening Dashboard. 5. …
Automation offers companies the opportunity to attract talent with the right skills and assign those skills to the most appropriate areas of the business.
The recent PLMA Private Label Trade Show was larger than ever and displayed trends like sweet heat and coconut flavors.
