Food Manufacturing Archive > Page 3

Coffee Innovations Hitting Higher Gear

Coffee’s popularity in the U.S. shows no signs of slowing. More than half of Americans over 18 years old drink coffee daily, with the average coffee drinker consuming three cups of coffee per day, as …

Worker Shortages Spurring Rash of Labor Unrest

Chronic labor shortages and mandatory overtime appear to be fueling union unrest as the economy bounces back from the pandemic, with workers realizing they aren’t as powerless as they once were. “With the pandemic and …

Is the U.S. Cattle Oversupply Finally Cleared?

After a tumultuous year of COVID-related meat processor backlogs, is the U.S. beef supply finally evening out? One banking and financial services company thinks so: the U.S. oversupply of beef appears to have “finally cleared,” …

Labor Shortages Continue to Drive Supply Chain Woes

Massive supply chain disruptions continue to pervade the U.S. food sector, with labor challenges triggering shortages from raw materials and ingredients to packaged goods. Some of the largest U.S. food distributors, including United Natural Foods …

GUEST COLUMN: 5 Predictions for the Wine World

What will the post-pandemic future hold for wine retailers? The global wine sector is large and highly fragmented, so it’ll take some time to fully measure and understand COVID’s impact on the segment. For wine …

Update: Major Food Companies Ramping up ESG Efforts

With ESG topics becoming increasingly important to consumers, food companies are noticeably increasing their efforts. Below are a few recent examples of new ESG initiatives in the industry. MCCORMICK ADVANCES SUSTAINABILITY STANDARD McCormick & Company …

The Allure of Unconventional Food Mashups

Mac ‘n cheese ice cream and baked bean smoothies? Yes, believe it or not, those food items have become realities in 2021. And those are just a couple of the unusual food mashups that are …

Report: Vegan Chocolate Increasingly Popular

The global chocolate confectionery market is anticipated to reach $154.5 billion (USD) by 2025. Its growth has been aided by the pandemic, during which consumers have often turned to comforting, indulgent foods, like milk chocolate …

‘Fishless’ Fish: The Next Big Thing in Vegan Food Industry

Plant-based meat alternatives have a longer history than some might realize. And, they have proven to be effective in replacing meat products without compromising quality and nutritional value. Plant-based fish has been gaining traction as …

Big Soda Departs from the Juice Market

PepsiCo has announced plans to sell Tropicana, Naked, and other juice brands across North America to private equity firm PAI Partners for about $3.3 billion. The soda giant is just the latest such company to …

Hard Seltzer Market Could Be Softening  

The hard seltzer market may be falling on hard times. While it may not seem that long ago that beverages like Truly Hard Seltzer were a highlight of many summer get-togethers, the popularity of the …

Danone and Harmless Harvest – Reading Between the Lines

Danone’s recent majority stake in Harmless Harvest is a curious market event.  Not because they took a majority. Because coconut water is not growing anymore in the U.S. based on sources I’ve reviewed. The pandemic …

EARNINGS UPDATE: Coca-Cola Reports Strong Second Quarter Results

Coca-Cola Co. released its second quarter earnings this week—and sales rebounded faster than expected. HIGHLIGHTS: Net Revenues grew 42% Organic Revenues (Non-GAAP) grew 37% Operating Income grew 52% Operating Margin was 29.8% versus 27.7% in …

Yeast Extract – A Game Changer in the Modern Food Industry

With millennials and Gen Z consumers now hyper-aware of their eating habits and food choices, yeast extract is gaining traction as a versatile ingredient used for savory flavor and quality food. The COVID-19 outbreak encouraged …

Advertisement
FI-Home-NEW-2020Gaps
FI-Home-NEW-2020Gaps
Advertisement
FI_Legal_Seminar_2022
2021 Food Labeling Summit

DTC Delivery, New Flavors Key to Alcohol Growth

The pandemic, revision of direct-to-consumer delivery laws, and development of new flavors helped lift U.S. distilled spirits consumption in 2020, but it was unclear whether the trend would hold. IWSR reported consumption was up 2% …

CPI Sees Largest One-Month Change Since 2008

The Consumer Price Index for All Urban Consumers increased 0.9 percent in June on a seasonally adjusted basis after rising 0.6 percent in May, the U.S. Bureau of Labor Statistics reported today. This was the …

Equity Markets Update: Chobani Files for IPO

The latest food company to ride the IPO wave is Chobani. The company announced early Wednesday that it has filed for a confidential draft registration statement for a proposed IPO with the Securities and Exchange …

Survey: Millennials, Gen Z Big Fans of Bubble Tea

The beverage industry has seen an increase in demand for premium beverages among younger consumers, and boba tea is a growing niche in that specialty segment. According to a recent CLSA survey of consumers, 94% …

Spurred by Innovation, Beverage Market Making Waves in 2021

U.S. beverage demand is forecast to increase 2.9% yearly in nominal terms through 2025, as income rises and the population grows, according to Beverages: United States, a report by Freedonia Focus Reports. Here’s a look at which …

Is the Future of Farming Inside?

The future of vertical farming is bright. Advanced technology and increasingly severe weather conditions that hurt outdoor farming are contributing to big growth, albeit from a very small base. And that growth will accelerate over …

IRI Analysis: CPG Demand Patterns Shift as Economy Reopens

Consumers resuming active lifestyles are still maintaining at-home habits, according to a new IRI report highlighting key trends and growth opportunities for CPG manufacturers and retailers. In April, food and beverage sales for at-home consumption …