Focus Archive > Page 19

Analysis: Assessing Modelo Especial’s Ascent in America

For the first time, Mexican beer Modelo Especial recently became the top-selling beer in North America, surpassing Bud Light, which had been the number one beer for two decades. Modelo’s ascent in North America begs …

4 Generative AI Tips from CPG Trailblazers

How is the food industry responding to the rapid advancement of generative artificial intelligence? The Food Institute gathered four takeaways from industry trailblazers at the recent Generative AI Food Pioneers Summit, hosted by food and …

Top Trends at the Summer Fancy Food Show

“Companies must stand out,” said Food Institute CEO Brian Choi. “To win in the marketplace, products have to have a differentiated selling point – just being ‘good’ is not good enough in this environment.”

Alcohol To-Go Isn’t Going Away

Alcohol to-go has become a permanent fixture around the United States, presenting a massive growth opportunity for businesses.

Report: AI Poised to be Business Boon

We haven’t quite hit the promise of HAL in “2001,” but generative artificial intelligence is poised to revolutionize nearly all aspects of business, including the food industry. A recent report from McKinsey & Co. predicts …

EVs Can Galvanize Farming and Agriculture

Today’s smart vehicles and robotics can do everything from operate autonomous implements in the field to monitor crucial silo volume and quality data, make precision adjustments to spraying and irrigation, and even assess crop and animal health. And that’s just scratching the surface.

Four “Toxic” Food Additives that Increase Appetite

Across the U.S., the number of households purchasing products that contain potentially harmful food additives appears to be on the rise. Between 2001 and 2019, the proportion of purchased food products that contained additives increased …

Analysis: Are “Virtual Brands” at Death’s Door?

The recent struggles of MrBeast Burger – currently available at more than 2,000 restaurants – could be an ominous sign for all virtual brands. Ubiquitous YouTuber MrBeast, aka Jimmy Donaldson, wrote multiple statements in frustration …

Investors Are Waiting for Consumers to Trade Down (or Not)

In the face of inflation, the U.S. consumer has shown impressive resilience. As a result, branded food manufacturers posted strong pricing-driven profit growth in 2022, and stocks in the sector rose sharply even in a …

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The Continued Rise of the Flexitarian Diet

Gregory Banzon, chief operating officer of Century Pacific Food, has come to a decisive conclusion: Grocers should target “flexitarian” consumers – those who only occasionally eat meat – because that movement “could be the future …

The Better-for-You Blockbuster Snacking Season Has Arrived

As families gear up for movie night across the country and CPG companies figure out how to get their snacks off the shelves and into the hands of consumers before the previews even start, what constitutes a typical movie night snack, for many, is going the way of the dinosaurs.

Experts: El Nino (and Food Industry Upheaval) is Coming

Everyone knows “El Nino” by now – hot weather. Big winds. And once again in 2023, much of the world will gain a better grasp of this unpredictable meteorological phenomenon. El Nino generally refers to …

Analysis: Why Coffee Remains Inflation-proof

Inflation is causing consumers to rethink spending in numerous ways. Coffee, however, is one category that remains untouchable. Coffee, after all, is an affordable luxury. “Despite cutting down on dining out or travel, you can …

3 Trends Reshaping Grocery

New research from analytics firm Placer.ai noted the steps that successful grocery chains are taking in 2023 to outpace the competition amid inflation.

Analysis: Is AI Destined to Revolutionize Labor?

There’s nothing artificial about the hype surrounding AI. The technology that spawned the wildly popular ChatGPT chatbot has food industry leaders intrigued. Yet, most executives seem intent on tempering expectations regarding AI reshaping the workforce. …

Four Key Takeaways from the BMO Farm to Market Conference

NEW YORK CITY – At the 2023 BMO Farm to Market Conference, new seafood production techniques, expanded use of greenhouses, upcycling opportunities and more were on the menu. BMO hosted the 18th iteration of the …