Focus Archive > Page 27

Report: Loyalty Members Defying Inflation with Higher Spending

Loyalty spending reached the highest point on record across all restaurant and convenience store concepts in 2021. This traction reflects the value of loyalty programs as a source of revenue during inflationary periods. According to …

Florida Citrus Industry Faces Uphill Battle after Hurricane Ian

The impacts of Hurricane Ian are still being analyzed, but one thing is certain: the Florida citrus industry’s losses will be staggering. That’s according to The University of Florida’s Institute of Food and Agricultural Sciences, …

Millennials, Gen Z Key to Plant-Based Advancement

Despite industry-wide challenges, both dairy and meat plant-based alternatives are forecast to grow through 2024, driven almost entirely by Millennials and Gen Zers. According to a recent report by The NPD Group, these plant-based consumers …

Survey Suggests Takeout, Deliveries Increasingly Popular

Inflation be damned, consumers are ordering more delivery and takeout orders today than they were prior to the recent increase in the cost of living. New global research shed light on consumer behavior and delivery …

IRI: 5 Keys to Drive CPG Growth in 2023

As inflation continues, consumers are responding by shopping value channels more and buying fewer premium meals and snacks, according to IRI.

Advertisement
FI-Home-NEW-2020Gaps
FI-Home-NEW-2020Gaps
Advertisement

Hurricane Ian Takes Toll on Florida Agriculture

Florida’s citrus industry appears to have borne the brunt of Hurricane Ian. Reports from the region indicate that the damage could potentially be worse than after Hurricane Irma, which cut Florida citrus production by a …

Cultured Meat Growth Poised to Accelerate

Cultured meat – meat produced by growing animal muscle cells in a culture medium – currently represents a tiny share of the global food dollar, but growing concern about the impact of raising animals for …

Pickles Surging in Popularity

Pickles have been around for thousands of years, yet they appear to be as popular as ever. Whether as a side or as a burger topping, pickles have become a true staple at restaurants, especially …

QSRs Lamenting ‘Line Balk’ Trend

Much like remote working and zoom conferencing, long waits at the drive-thru line are a pandemic vestige that just won’t go away. And that’s causing line balk among consumers. As COVID-19 took hold in the …

Trends Impacting the Dairy Industry

Jennifer Pricco Braasch is a managing director with City National Bank’s Food & Beverage Group. Based in Milwaukee, she supports industry executives with creative financing solutions and industry intelligence. The Food Institute recently asked her …

Sugar Reduction Trend Sweetening Candy Sales

The sugar reduction trend is growing in candy and confectionary, boosted by broader product assortments and new innovations. A recent IRI report on sugar-free chocolate and candy explores this market and highlights opportunities for continued …

The Keys to Marketing to Gen Z Consumers

Which brands are most popular among Gen Z? That question was examined in depth in a recent Morning Consult report. And, included among social media brands like TikTok and gaming entities like Twitch, plenty of …

Analysis: Why Consumers Crave Pumpkin Spice

Almost as ubiquitous as the changing colors of the leaves or a crisp chill in the air, the arrival of pumpkin-spice-flavored everything signals that fall is here. Ever since Starbucks introduced the pumpkin spice latte …