‘Heatflation’ Threatening Olive Oil Production
Olive oil is being threatened by climate change, high interest rates and inflation that has sent prices soaring. Searing heat in Spain, Greece and Italy has been especially problematic.
Olive oil is being threatened by climate change, high interest rates and inflation that has sent prices soaring. Searing heat in Spain, Greece and Italy has been especially problematic.
In the wild world of beverages, any edge on the competition may be enough to resurrect an LTO from the past or push it into full-time production.
For now, third-party delivery companies are operating full speed ahead. But how much are consumers willing to pay for convenience?
Consumers in the U.S. and Canada say that they are willing to pay more for products that practice eco-friendly sustainability and ethics in their development, packaging, and sale of products, particularly around animal cruelty and ocean pollution.
Casual dining is about to implode. It has already started. Full-service restaurants that were popular in the 1980s and ‘90s – old brands – I think they’re going to be cut in half. TGI Friday’s …
Asian cuisines like Thai, Korean, and Chinese have long used swicy foods as an enticing way to attract new and long-time patrons, and many mainstream and fusion restaurants are combining classic American fare with these staple flavors from across the world.
Recent updates from the FDA indicate that ongoing national testing of retail dairy products demonstrates the efficacy of the pasteurization process in inactivating the HPAI virus.
The origins of kombucha are shrouded in legend, and the drink’s murky beginnings remained in relative obscurity—at least to western palates—until its rediscovery in the 20th century in something of a cultural phenomenon.
Crumbl keeps making its new locations bigger, but is it a facade? The Utah-based bakery chain originally had small, humble retail footprints.
“Was it the six-pack of wine called ‘Mommy’s Little Helper?’ Or ‘Mommy’s Time Out’ wine? Was it the funny phrase, ‘The most expensive part of having kids is all the wine you have to drink?’ The clothes and other goodies branded with, ‘Who is moderation?’ or ‘This is how you adult?’ Our society thinks it’s funny when women drink heavily,” Pengov said.
As more work is being published (and more health-focused products manufactured) to improve health and happiness, we may be entering an era in which the average human life can not only be improved, but extended. Are store managers ready for what that means?
Total global coffee consumption is surging, as servings increased 5% year-over-year in 2023, signaling a promising opportunity for brands.
McDonald’s Execs Promise to be Price Sensitive in Q2, as ‘All Income Cohorts Are Seeking Value’
A recent cyclone ravaged some of Madagascar’s key vanilla-growing regions, threatening a vanilla shortage during the 2024 vanilla harvest.
In assessing what we consume and how we feel, there’s a growing need to balance nutrition, indulgence, and sustenance.
United Natural Foods stock is down 86% over the last ten years—getting squeezed by its customers—shares are now at a four-year low.
For the first time in the report’s history, the top six brands – all of them – are store brands, from retailers like Walmart, Amazon, and Target.
It’s apparent in grocery store checkout lines, in social media, and in marketing campaigns: consumers demand eco-friendly food.
A regular feature in shopping carts from coast to coast, the humble banana has long been a reliable source of nutrition, convenience, and affordability. Yet beneath its cheerful exterior lies a complex tale of botanical intrigue, economic uncertainty, and environmental peril.
Supply Side East 2024: consumers are health-conscious and looking for products to support their well-being.
The newly minted CEO isn’t oblivious to Mountain Mike’s challenges in its crowded sector. For example, Metevier knows he needs to be sensitive to labor costs now that his California-based chain must deal with that state’s recent implementation of a $20 minimum wage (85% of the chains locations are based within the Golden State.)
Some of the takeaways from the Circana report indicate that inflation has generally gone pretty easy on the beverage category, prompting marketing teams to “promote their relative price stability and find ways to demonstrate value, recognizing that ‘value’ doesn’t always mean lower price,” and that premium categories continue to outperform more value-based brand propositions.
Foxtrot and Dom’s Kitchen & Market have closed their doors effective immediately. The closure will affect 33 Foxtrot locations and 2 Dom’s locations across Chicago, Austin, Dallas and D.C. areas.
Branded produce companies are dressing up their fruits and veggies to woo online shoppers, tout attributes, and leverage storytelling.
Today’s consumers seek snacks that not only satisfy but also nourish, blending convenience with balanced nutrition and illustrated by the emergence of breakfast bars and protein snack boxes.
“A lot of people see beef as a premium meat and associate it with things like prosperity and masculinity. Beef is also incredibly rich in fat and protein, so our bodies are primed to crave it,” Rall said, noting federal subsidies, restaurant menus, and advertising all reinforce beef’s place “in our grocery stores and on our table.”
Many consumers are less concerned about material possessions and are instead turning toward experiences for fulfillment, sparking a resurgence of the so-called “experience economy,” which is also evident in food and snacking choices. In the …
Through its unique product offerings and strategic influencer partnerships, Kodiak Cakes has differentiated itself and created a strong brand persona that resonates deeply with modern consumers.
After an endless shrimp fiasco, Red Lobster is reportedly considering a Chapter 11 bankruptcy filing to restructure its debt.
Among CPG energy drink brands, Celsius over-indexes with teens, with 17% citing it as their favorite energy drink brand (vs. ~12% market share) while Monster and Red Bull under-index. Among snack brands, Campbell’s Goldfish are still most preferred. Teens report highest intentions to eat more or the same amount of Mondelez’s Clif Bar and Hershey’s products.
The future of checkout technology, consumer perception and adoption, and operator success is a tricky set of balls to keep in the air all at once.
The global gluten-free products market continues to show noteworthy growth. with brands such as Mightylicious cracked the code.
While the rest of us were getting our morning jolt from a decent cuppa, decaf drinkers quietly (and deliciously) infiltrated the greater consumer market. Skyquest Technology recently predicted that the decaf coffee market will continue to grow to a $28.86 billion industry by the end of the decade.
Other noteworthy shifts include the emergence of Gen Z and Gen Alpha as influential consumer groups. These young consumers are influencing market trends such as the push for labeling transparency and ethical production.
The celebrity chef, who appeared on Food Network’s Restaurant: Impossible show between 2011 and 2023, fears that as many as one-fifth of all American “mom-and-pop” restaurants could be forced to close by year’s end due to rising labor costs.
For starters, the global demographic landscape is undergoing a noteworthy transformation, with “second lifers” – those embarking on new chapters post-retirement – emerging as a powerful group of consumers. By 2050, the over-60 demographic is expected to double. This shift is pushing the market towards balanced nutrition.