Food Industry Archive > Page 3

3 Key Takeaways from IFT FIRST 2024

From brain health to indulgent proteins, several evolving food industry trends were on display recently at the IFT FIRST 2024 expo. FI’s resident market researcher was on the scene, documenting the most intriguing innovations.

Analysis: Why Has Adoption of AI Been So Slow in F&B?

While restaurant chains like McDonald’s have had notable swings and misses regarding AI, business leaders insist the technology offers invaluable uses to food companies, aiding personalized offers, sales forecasting, and more.

Consumer Demand Reshaping Baby Food Market

Today’s consumers are reshaping the baby food market as a growing number of parents prioritize nutrition and hold the industry accountable for the quality of their products. With that, what are consumers looking for? And how are companies delivering?

$1.99 Sonic Boom Shakes Up Value Meal Wars

The so-called fast-food “value wars” are ramping up. First McDonald’s and Taco Bell tried to undercut each other; now Sonic’s $1.99 meal has taken things to another level.

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CEO Predicts Global ‘Food Wars’ as Supplies Wane

“Food wars” are simmering, as geopolitical tensions have inspired a rise of protectionism amid concerns about dwindling supplies, according to one of the largest global agricultural commodity traders, Olam Agri. The Singapore-based agri-business is part of the Olam Group, which supplies food worldwide.

Investors Fear Kroger Is Returning To The Old Normal

Kroger stock has performed well in 2024, rising 9% so far this year. But on a two-year basis, the stock has barely budged and shares have faded 15% from early April levels. The reaction to first-quarter earnings last week further highlights the uncertainty: Kroger stock jumped in early trading but finished the day down a little over 3%.

Private Label Growth Pockets in Frozen Food

As consumers continue to stockpile frozen foods, retail operators are leveraging private labels to tap into that demand. Which frozen products are experiencing the most store brand sales growth? FI investigates.