Three Key Grocery Shopper Trends in 2024

Grocery shoppers are adapting their buying patterns in response to economic uncertainties and external influences in 2024.

Appetite for Reduction: GLP-1 Drugs Fuel Grocery Decrease

The market for GLP-1 drugs is expected to reach $100 billion by 2030. Manufacturers and brands who want a piece of the low-sugar pie, so to speak, will have to offer the same.

Cereal Manufacturers Desperate to Boost Sales

Americans are turning away from breakfast cereal, and that’s got cereal manufacturers seeking fresh innovation to bring consumers back to their bowls and the breakfast table.

Understanding Why Regenerative Agriculture is the Fastest-Growing Green Theme

“Brands that genuinely commit to regenerative agriculture can build strong connections with consumers who prioritize regeneration,” says Michael Ham of Wild Orchard Tea Company. “This can result in long-term brand loyalty and positive associations with environmental responsibility.”

Beyond Meat Unveils “Beyond IV” Beef Boasting Clean Label Certification

Beyond Meat has announced its latest innovation, Beyond IV, the fourth generation of the company’s core beef platform. The new recipes are the result of a multi-year research effort to improve the taste and nutritional quality of Beyond Burger and Beyond Beef.

How Post Holdings Claimed the Best Packaged Food Stock in the Market

Since its spin-off from Ralcorp, Post has spent over $10 billion on acquisitions. It has taken impairment changes relative to acquired assets of less than $300 million. Meanwhile, off a cereal business worth about $2 billion, Post and Bellring are now worth over $20 billion combined (including the respective companies’ debt).

Consumers Award Better-for-You in New Product Survey

Despite some titans of the pantry and cookie jar winning in their categories (Keebler’s Chips Deluxe Fudgy in the Cookie category; Dr. Pepper Strawberries & Cream in Soft Drink), better-for-you offerings not only abounded but won several snacking categories.

Taking Stock of Wellness: Target Launches Wellness Initiative

The least expensive products will start at just $1.99 and range from apparel to supplements, vitamins to technology, and more. Many of the offerings will be exclusive to Target and complement its dedicated online wellness destination that features ideas, meal inspiration, and more.

Why Legacy Beverage Brands are Revamping Their Image

Dunkin’ Donuts’ shift to simply Dunkin’ serves as the gold standard in the contemporary rebranding landscape.

Ketching Love: Understanding #TheKetchupChallenge

For ketchup manufacturers, #TheKetchupChallenge is a welcome crimson blip on the mid-winter radar. Ketchup sales are up 7.6% in the 12 weeks ending February 2, 2024, outpacing mustard, jams, honey – even mayonnaise – as unit sales are also up 2.0% during the same period.

Dark Chocolate Outlook: Soaring Cost of Cocoa Challenges Candy Makers

Cocoa prices are nearly 65% higher than they were one year ago, and New York futures prices have hit a 46-year high.

Milk Wars: Labeling Battles Escalate

Dairy producers are ramping up their efforts to scrub ‘milk’ from the labels of alternatives. How critical is the term in plant-based marketing? Could waging “milk wars” significantly improve traditional dairy’s bottom line?

PepsiCo Execs Express Optimism in Earnings Call

PepsiCo’s latest earnings call revealed net revenue of $91.5 billion for the fiscal year and $27.9 billion in Q4.

Do Ultra-Processed Foods (UPFs) Cause Anxiety?

What came first – the Cheeto or the existential crisis? That’s the question a recent story in The New York Times hoped to answer. Though a definitive answer remains elusive, many scientists, nutritionists, and more …

How Meijer Saved 10 Millions Pounds of Food

Through its partnership with Flashfood, an app which offers steep discounts on groceries nearing their sell-by dates, Meijer has become the first American retailer to save 10 million pounds of potentially wasted food. To put …

Poultry Power Meets Global Flavor

Chicken listings on restaurant menus have grown 6.4% in the past five years, outpacing the 4.7% of burgers and other beef-based items.

Unilever is a Cautionary Tale for U.S. Food Companies

On July 1, Hein Schumacher took over as chief executive officer of Unilever. His appointment followed a long search that brought him into the company from Dutch dairy co-op Royal FrieslandCampina, and his immediate mandate …

The Most Popular Candy and Snack Flavors Worldwide

While flavors like truffle mushroom and habanero chili have gained momentum the last few years, Kerry identified coffee, sweet heat, and jalapeno as emerging in recent months.

The Food as Medicine Conundrum

Like many diets, indulgences, and vices, “everything in moderation” is a good rubric by which to evaluate one’s actions if implementing a food-as-medicine nutritional plan.

The Fungi: Mushroom Varieties Captivating Consumers

Things keep looking up for mushrooms. The versatile fungi continue to proliferate across meals-at-home, CPG, restaurant menus, and food tech.

Food & Beverage Manufacturing M&A Quarterly Report: Q4 2023

This article is sponsored and written by CohnReznick. Almost 300 deals closed Q4 2023. The two largest were J.M. Smucker’s $5.6 billion acquisition of Hostess Brands and Redwood Holding’s $4 billion acquisition of Newly Weds Foods. ...

What’s Old is New Again: Harvesting Ancient Grains in F&B

“Consumers can expect to see ancient grains used as an alternative base for many products, ranging from cereal, to bread, to pancake batter. Expect to see them regularly on the menu in restaurants, especially in dishes with other healthy items such as salmon, vegetables, or tofu.”

DTC is Done Authentically at Denver’s Tocabe

Late last year, Tocabe Harvest Meals were unveiled as direct-to-consumer, nutritious, ready-made dishes featuring ingredients sourced from Native American farmers and producers.

Chocolate Purchases Dip Despite Candy Viewed as Energy Boost

A new report from Mintel suggests one-third of Americans rationalize purchasing chocolate as an energy boost. Meanwhile, new research suggests a direct connection between dark chocolate and reducing factors that contribute to essential hypertension.

The Dukan Diet: The Next Controversial Weight-Loss Craze?

The Dukan diet has earned high praise from celebrities, some of whom claim to have lost 10 pounds in a week on the plan. But some experts fear it isn’t entirely safe.

Plant-Based Meat: What’s in Store for 2024?

Plant-based meat continues to recalibrate at retail. In this Q&A, Chris DuBois, EVP and Protein Practice Leader at Circana, spoke with FI to outline major category challenges and priorities in the months ahead.

The Plastic Diet: Uncovering Hidden Microplastics in the Food Supply

Despite their utility in enhancing the flexibility and durability of plastic, plasticizers have infiltrated most facets of food production.

2023: The Year of Private Label Sets the Stage for 2024

Millennials grew up with store brands and they see them for what they are – a brand. Without a doubt, there is a transformation taking place in the private brand mainstream tier where products are moving away from strict equivalency to national brands and becoming true national brand alternatives.

Walmart Defines Adaptive Retail, the Next Evolution in Shopping

“Choose a future that puts people first – if we keep doing that, we can help people around the world live a better life. That’s what we want to do – that’s the world we want to help create.”

Frontline Workers Survey: No End in Sight for ‘Great Resignation’

The Great Resignation may have slowed, but frontline workers still are expressing high levels of dissatisfaction with their jobs, a survey released Wednesday by Beekeeper indicated. The 2024 Global Frontline Workforce Survey, which queried some …

A Gluten-Free-For-All: Brands Scramble to Make Better GF Products  

When Katie Olesen was diagnosed with celiac disease in 2018, she struggled to find gluten-free items at her grocer. Barely half a decade later, major food companies like King Arthur are producing multiple gluten-free products, …

More Cheese, Please: 2024 Cheese Insights

People eat cheese for all sorts of reasons; this year, however, taste and health were the primary ones as 33% of consumers around the world considered it a necessary staple in their diets.

Innovation Tips for Plant-Based Bakery Treats

Sweet baked goods are a hotspot for indulgence-happy consumers, making convenient, sharable treats like cookies a prime target for plant-based innovation.

Analysis: Ozempic Likely to Impact Snack Manufacturers’ Bottom Line

The recent rise of Ozempic and other weight-loss drugs started with blowout results that drove shares of their manufacturers higher, then wound up cascading across seemingly disparate sectors. In 2023, Novo Nordisk, the manufacturer of …

The Struggle is Real: Affording Groceries in America

Regardless of when costs come down, consumer behavior has been altered and shoppers will continue to look for the best savings in 2024.

Prominent Doctor Fears Impact of TikTok Diet Trends

Americans are getting away from healthy habits like meal prepping and perusing produce aisles. Instead, many consumers opt for quicker, more convenient food that often include preservatives and copious amounts of sugar or oils.