Food Industry Archive > Page 2

Farm Bill Extension: Crisis Averted, but for How Long?

Congress narrowly avoided a government shutdown by passing a stopgap spending measure that prolongs the U.S. farm bill for another year. Experts warn that failing to modernize the farm bill within the next year could exacerbate food price volatility.

Fewer Drinks, More Dessert at Home: Inflation’s Impact on Indulgence

Inflation is reshaping indulgence habits, with consumers swapping pricey restaurant desserts for store-bought or homemade options, causing a notable decline in dessert sales across dining segments. Meanwhile, alcohol consumption is shifting toward affordable options in a similar fashion.

California Declares State of Emergency Due to Bird Flu

California has declared a state of emergency in response to bird flu outbreaks affecting the poultry and dairy industries, with the first severe U.S. human case confirmed by the CDC and concerns over pandemic risks rising.

Kroger-Albertsons Mega-Merger Blocked: Grocery Game Resets

Federal judges on Tuesday blocked the proposed Kroger-Albertsons merger, citing concerns over reduced competition. The ruling presents an opportunity for smaller grocers to leverage personalized customer experiences to compete against retail giants.

The Unstoppable Rise of Shrinkflation

Shrinkflation, the practice of reducing product sizes while maintaining prices, has become a common cost-management strategy for manufacturers amid rising costs. Experts predict the tactic is here to stay, for multiple reasons.

Runway to Restaurant: F&B Applications from a Fashion Phenom

Believe it or not, recent fashion industry success strategies, such as experiential retail, offer valuable insights for the F&B industry. Miu Miu’s personalized online presence and bold marketing, for example, offer F&B brands approaches they can use to stand out.

Quantum Leap: Is Quantum Farming the Future of Produce?

Dr. Tsipi Shoham, a cancer researcher turned CEO, believes “quantum farming” – an innovative, AI-driven agriculture method – could improve public health. She also feels she has found the answer to indoor farming’s short-comings.

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A Twinkle in Time: F&B Brands Serve Nostalgia by the Spoonful

F&B brands are tapping into nostalgia by reintroducing iconic products from the past, like Twinkles cereal from the 1960s. By offering these LTOs, brands appeal to consumers’ emotional connection to products, resonating across generations.

3 Key Takeaways from Gulfood Manufacturing 2024

The Food Institute attended this week’s Gulfood Manufacturing 2024 event in Dubai and noted that the gathering highlighted advancements in sustainable practices, alt-protein, and tech-enabled ingredients. It also illustrated the industry’s commitment to reducing greenhouse gas emissions.

Restaurant Operators Optimistic About Year Ahead

Independent restaurant operators are optimistic as they look ahead to 2025, with 63% reporting profit growth and a focus on cost management over consumer price hikes, according to a new survey. The industry anticipates further expansion, too.

3 Expert Predictions Regarding GLP-1 Drugs

GLP-1 weight-loss drugs are increasing consumers’ preference toward healthier, nutrient-dense food. Some trends experts feel reduced demand for high-calorie foods could hurt QSRs, at least in the near-term.

Kellanova Exec: Sustainability Now a ‘Non-Negotiable’

In 2024, companies like Kellanova view sustainability as a non-negotiable responsibility. Kellanova’s VP of global R&D recently advocated for better support for U.S. farmers and sustainable practices throughout the supply chain.

Restaurant Industry Faces New Crisis With Surge in Bankruptcies

Restaurants continue to face challenges, including labor shortages, supply chain disruptions, and rising inflation, leading to increased bankruptcies. Industry experts predict continued struggles and stress the need for leveraging technology to survive.