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2023 Flavor Forecast: Expect Influx of French Cuisine

When it comes to classical cooking and decadent flavors, look no further than France. With centuries of tradition and innovation, excellent French cuisine is some of the most celebrated and sought after. Flavor giant McCormick …

Analysis: Coffee Prices to Level Out Amid Inflation Setbacks

With inflation remaining steady, many companies currently face dilemmas. Some are doing everything in their power to absorb the higher operating costs and to keep their prices down. Others, however, have been able to pass …

Keto, Upcycling Steal the Show at 2022 Private Label Event

ROSEMONT, Illinois – The 2022 Private Label Trade Show showcased product innovations from over 1,400 exhibitors and over 50 countries in food, beverages, household goods, and more. Among the food and beverage offerings, companies highlighted …

Functional Beverage Market Continues to Gain Momentum

These days, an increasing share of consumers are looking for drinks that not only taste good, but also serve a beneficial function. These functional beverages contain ingredients that, theoretically, can help build and maintain health, …

How Energy Drink Stocks Are Defying the Market Slump

Energy drink stocks are performing more vigorously than you may imagine. If an investor had invested in the S&P 500 at the beginning of the year, even with dividends she’d have lost about 16% of …

Case Study: How Seth Goldman Built Just Ice Tea in 3 Months

When the Coca-Cola Co. announced it was discontinuing Honest Tea, co-founder Seth Goldman jumped into action. In a recent episode of The Food Institute Podcast, Goldman discussed his decision to launch Just Ice Tea and …

Kerry Unveils Flavor Trends to Watch for 2023

This article is written and sponsored by Kerry. Each year, Kerry evaluates trending flavors and tastes across five key categories: sweet, salty snack, savory, hot and dairy-based beverages, and cold and water-based beverages. Within each category, …

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.

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 …

Predictive-Maintenance Tech Aiding Manufacturers’ Efficiency

Predictive-maintenance technology – smart software that listens to machines to predict equipment failures before they happen – could prove to be a valuable service, especially as manufacturers grapple with supply chain disruptions and labor shortages. …

Report: Trends to Watch Include DTC Plant-Based Brands

The $7.44 trillion U.S food industry is investing in ecommerce, robotics, and technology like never before. Here are three noteworthy trends for food producers and grocery retailers to prioritize in the year ahead.

IRI: Creating Revenue Opportunities Amid Inflation

With the U.S. inflation rate at an elevated 8.7% for July 2022, consumers, manufacturers and retailers alike must remain agile to adapt to ongoing economic pressures. “The past few years of COVID-19 have brought enormous …

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De-Platforming Your Brand for Exponential Growth

The Problem Top two investor questions for a consumer startup? 1) Do you have product-market fit yet? And 2) What is the platform? Building a platform brand right from the start is the strategy equivalent …

Report: Modern Consumers Snacking with a Purpose

Earlier in the pandemic, snacking complemented remote work and supplemented restaurant dining and continues to replace meals with added bonuses. This year, Grubhub’s infamous lunch promotion was prompted by 69% of New Yorkers surveyed saying …

Why Agility Should Be Top-of-Mind for Both CPGs and Retailers

Amid rising demand for fresher food products, companies need to ensure their inventory is data-driven, with technology and procedures in place to adapt to a rapidly-changing market, according to Venky Ramesh, head of strategic business advisory …

Innovation Continues to Drive Beverage Category Growth

From bottled water and better-for-you bubblies to convenient coffees and cocktails, the beverage market is booming. Total sales for center store beverages reached $86 billion in the 52-week period ending June 12, per IRI, making …