The modern concept of vertical farming was put forth in 1999 by Columbia University microbiologist Dickson Despommier, who along with his students, came up with a design of a skyscraper farm that could feed 50,000 people. …
Consumers are clearly eager to get out and spend after being cooped up at home for over a year, but as costs continue to rise, how much they’re willing to buy is limited. BOOSTED SPENDING …
Editor’s Note: This is an update to The Food Institute’s April article “Is the U.S. Facing a Megadrought?” Central Valley Farmers to Get No Allocation Farmers in California’s Central Valley Project will get none of …
Nearly $1.9 billion of global venture capital was invested in indoor farming in 2020, nearly tripling over 2019, according to PitchBook data. With those figures in mind, here is a look into some recent developments: …
The organic food and beverage market hit a high note in 2020, with record-breaking sales climbing 12.4% to nearly $61.9 billion in the U.S, according to a recent survey by the Organic Trade Association (OTA). …
As U.S. consumers return to restaurants, operators should embrace plant-based foods to differentiate themselves and boost business in the new world of post-pandemic foodservice. A webinar sponsored by DMA (Distribution Market Advantage) and presented by …
The start of the return to normalcy has created problems for restaurants, bars and other venues with demand outstripping supplies and creating shortages of a variety of foods and other commodities. Couple that with difficulty …
Since the beginning of the year, foot traffic to U.S. food and beverage establishments is up 41 percent, according to Zenreach data. And with the weather getting nicer, vaccinations on the rise, and dining limitations slowly being lifted, restaurant traffic continues to soar. Restaurant …
For those looking to cut back on sugar, options used to be limited—and, often, not very tasty. In 2021, however, health-conscious consumers suddenly have a plethora of low-sugar items to choose from, whether it’s candy …
In the Fall and Winter of 2020, the market witnessed several high-profile CPG acquisitions by strategic multinational CPG players. I want to contrast two cases that live on extreme ends of the typical continuum of …
The mindful drinking movement has been gaining traction for several years, with “sober curious” consumers opting for no- or low- alternatives to reduce their alcohol intake. Throughout the pandemic, demand for non-alcoholic beers, wines, and spirits increased, with consumers drinking most frequently while relaxing at …
If you walk into any cafe or ice cream shop today, you’ll most likely see a few dairy alternative products: almond milk smoothies, soy milk shakes, and oat milk creamers just to name a few. …
CBD continues to be a bright light in the food and beverage industry. However, growth has leveled off from its stellar 2019 gains on a combination of the FDA’s reluctance to approve its usage and …
As 20 million U.S. workers lost their jobs last year and most businesses shut down because of the pandemic, many of the nation’s CEOs saw their compensation rise despite massive corporate losses. “Many of these …
All types of businesses, including those in the agriculture sector, were left breathing a sigh of relief last weekend, after a major backlog of barges was cleared on the Mississippi River. A traffic jam on …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: CPI, PPI, small business optimism, Tyson Foods, Inc. (TSN), Aramark (ARMK), Utz Brands, …
Matt Thomas didn’t found his company, Brew Dr., thinking he would someday sell kombucha that’s infused with hemp derived CBD. In fact, in 2021, CBD-infused products still only make up roughly one-tenth of 1% of …
In preparation for the summer and warmer weather, consumers are spending big on barbecue supplies. Consumers increased purchases of barbecue-related consumer packaged goods products in April, according to NCSolutions. Nearly all barbecue categories grew faster …
Eighty-five million Americans are impacted by food allergies and intolerances, according to Food Allergy Research and Education (FARE), an organization engaged in food allergy advocacy. These days, an increasingly common allergy relates to gluten. Celiac …
Better-for-you trends continue to shake up the dairy case with an expanding selection of plant-based alternatives in milk, yogurt and, more recently, ice cream. And then there’s pudding, a sleepy category with relatively untapped health …
Kerry Group recently released its 2021 Taste Trends report, highlighting food and beverage trends that are gaining traction in several regions worldwide. The annual report aims to highlight the key ingredients and tastes currently influencing …
The Health & Wellness movement has made great strides over the past few years. And, the trend only intensified during the pandemic, although indulgent eating was a contradictory development for many consumers. CPG companies are …
Public health experts have warned that stopping COVID-19 – or at least mitigating its severity and rapid spread – will not mean the world is safe; rather, it’s just a matter of time before the …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: PPP, Restaurant Revitalization Fund, lumber shortage and inflation, hiring recovery, inflation in Brazil, …
With the launch of several new health-focused products, PepsiCo appears to be pivoting from just soda and capitalizing on the burgeoning functional beverage trend. The company has developed an innovation process that allows it to …
While migrant workers have long supported the agricultural economy, it’s no secret that some operators use illegal immigrants to harvest their crops. With that, lawmakers have been wrestling with immigration reform for years, with little …
Although plant-based products have been in the spotlight of late, U.S. beef and pork exports still established new records in March, according to new analysis. RENEWED HOPE FOR RED MEAT INDUSTRY U.S. beef and pork …
Birth rates fell for the sixth consecutive year to the lowest levels since 1979, according to the CDC. The number of births in the U.S. declined last year by 4% from 2019, double the average annual …
Nothing says Cinco de Mayo like tacos and guacamole, and this year avocados appear to be plentiful – at least in the near term. Some 100 million Americans are expected to celebrate Cinco de Mayo, …
Coming as no surprise, plant-based food is making headlines again. In addition to other news, one of the world’s most renowned restaurants is going entirely vegan. FINE DINING MAKES THE SHIFT Perhaps the biggest plant-based …
Would you eat lab-grown lobster? Cell-cultured seafood — protein produced directly from fish cells in nutrient-dense bioreactors — is getting ever closer to consumer’s plates. Investments in alt-seafood startups have seen an uptick over the …
Restaurants throughout America are dealing with a frustrating shortage of chicken wings that shows no signs of slowing. This has pushed executive chefs like Dan Miles to do what was previously unthinkable: either sell a …
As people spent more time at home during the pandemic, snacking rose significantly as a means to ease sadness, boredom, and stress. In fact, the average U.S. consumer reported eating 37% more snack foods and …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: American Families Plan, restaurant reservations, McDonald’s (MCD), Archers-Daniel-Midland Company (ADM), Kraft Heinz Company …
Most consumers recognize the importance of addressing climate change. What may not be top of mind, however, is food waste’s impact on climate change. When food is wasted, so is the water, fuel and other resources that were used …
The days of companies keeping “quiet” about social issues appear to be long gone. In the past, companies were never expected to comment on social causes, but times have certainly changed. In 2021, consumers of …
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