CPG Archive > Page 7

Experts: El Nino (and Food Industry Upheaval) is Coming

Everyone knows “El Nino” by now – hot weather. Big winds. And once again in 2023, much of the world will gain a better grasp of this unpredictable meteorological phenomenon. El Nino generally refers to …

Analysis: Why Coffee Remains Inflation-proof

Inflation is causing consumers to rethink spending in numerous ways. Coffee, however, is one category that remains untouchable. Coffee, after all, is an affordable luxury. “Despite cutting down on dining out or travel, you can …

Exec: Upcycled Food Movement Set to Gain Major Momentum

As consumers exhibit growing interest in waste and sustainability, companies are looking at taking what would once have been discarded and creating a new product – and the food industry is part of this approach, …

Study: Lab-Grown Meat Potentially Worse for Environment than Retail Beef

If proper technology and facilities can be developed to lessen the current emissions costs of lab-grown products, then yes, the research team found cultured meat to be much more environmentally competitive and with a potential wide range of applications. Today, though, the scientific/environmental/cultural jump “from pharma to food” remains an expensive and taxing endeavor for mother Earth.

Groundbreaking Consumer Insight: The Snack 50 Psychological Ranking

According to Circana Group and reported by The Wall Street Journal, nearly half of American consumers snack three times or more every day, a figure up 8% in the past two years. Last year, U.S. snack sales soared to over $180 billion, up 11% from the previous year.

American Jerk: The Salty, Smoky, Spicy, and Thriving Business of Jerky

There are many notable jerky and meat snack companies out there and most are thriving as the snackification of America continues apace. Jerky in any form has been a staple snack since navigators used sextets to sail the seven seas and discover more jerky, as John Smith is purported to have in the early 1600s when he marked a map of Virginia and wrote, “as drie as their jerkin beefe in the West Indies.”

Future of Soda: Less Sugar, More Influencers

The global carbonated soft drink market size is expected to grow at a modest CAGR of 4.7% through 2028, and industry experts say consumers demand more creative products like craft sodas.

Why Lemon8 May Replace TikTok as Top Marketing App

As Congress considers a ban on the social media platform TikTok due to questions about the privacy of data, online safety concerns and connections with the Chinese Communist Party, many individuals and businesses alike are …

How to Win in the 2023 Snacking Universe

“Snacking is still a lifestyle in the U.S., fueled by the younger generation,” Wyatt began. “We’re in an unprecedented situation as price hikes in this category are outpacing other food/bev categories.”

Report: ‘Shrinkflation’ Top of Mind for Consumers

Shrinkflation is hitting Americans – hard. Almost three out of four consumers are concerned about the trend of shrinkflation – when companies keep their prices the same, yet give customers less of their products – …

Taking Sustainable Snacks “Beyond the Plant”

Plant-based snacks can be a confusing category for consumers to navigate. The Food Institute spoke with Nora Witt, VP of Marketing at Dole Packaged Foods, about the evolution and key elements of plant-forward snacks across the supply chain.

Food & Beverage Manufacturing M&A Quarterly Report: Q1 2023

This article is sponsored and written by CohnReznick. Following broader market trends, food and beverage M&A slowed during Q1 while external forces like inflation, rising interest rates, recessionary fears, and a banking crisis all took center ...

Frozen Pizza’s Popularity Spikes Amid Inflation

A new report by Vericast illustrated the lengths consumers are going to save amid inflation. More than anything, many consumers are bypassing restaurants in favor of cooking frozen pizza at home. Vericast’s 2023 Restaurant TrendWatch …

Treat Yourself: 2023 is the Year of Record-setting Candy Consumption

Even amid inflation, candy consumption is occurring at a record-setting pace. Confectionery shoppers are looking for deals, but they remain committed to their candy consumption. According to the National Confectioners Association’s recently released 2023 State …

Survey: Boosting Alt-Meat Adoption

A new survey by Sweet Earth explores the decline in alt-meat adoption to source potential solutions to reignite consumer interest.

5 Food Trends Displayed at CHFA NOW Event

VANCOUVER – Canada has, historically, been a follower when it comes to food industry innovation. Clearly, however, times are starting to change. In recent years we have seen many innovative brands, product concepts, and progressive …

Webinar Shows ‘Healthy’ Top of Mind for Consumers

The Food Institute was recently joined by two registered dieticians to discuss the state of wellness for the Food Industry. Marie Molde (MBA, RD) from Datassential and Barbara Ruhs (MS, RDN, RD) from Avocados from …

Basket Case: Consumers’ Top 10 Easter Candies

Easter is right around the corner on April 9, and with that comes baskets and egg hunts filled with oodles of candy. Roughly 85% of consumers plan to celebrate Easter this year, and 50% of …

International Cuisine, Natural Ingredients Could Define 2023

A new report suggests healthful ingredients, indulgent dishes, and exotic international cuisine could dominate menus in the months ahead. Cozymeal’s 23 Food Trends for 2023 report made it clear that products catering to the health …

Are Ingredient Suppliers Signaling Trouble Ahead?

One of the biggest stories in food manufacturing in 2022 was the ability of producers to take pricing. Despite price increases usually in the range of 15% year-over-year (if not higher), major manufacturers were able …

Advertisement
FI-Home-NEW-2020Gaps
FI-Home-NEW-2020Gaps
Advertisement

Analysis: Why Private-label Product Sales are Surging

In trying to control household costs, consumers often turn to private-label products, which the Private Label Manufacturers Association reported grew at 11.3% — to a record $228.6 billion last year. “Lacking the marketing cost component …

Breakfast Costs Continue to Climb

Americans may have to start rethinking breakfast as eggs flirt with $5 a dozen and with orange juice prices set to jump because of a poor Florida citrus crop and low cold storage stocks. “Even …

COLUMN: Let’s Learn from the Demise of Freshly

The public markets (and strategic firms) aren’t kind to businesses that don’t make much money and then stop growing. The recent shutdown of Freshly shocked many of its consumers, but not those following the ~$6B …

Report: Gen Z, Millennials Boosting Candy Sales

New research suggests many consumers have an undeniable sweet tooth these days, and candy sales back that up. A report by the National Confectioners Association (NCA) revealed that non-chocolate candy is the second-largest selling confectionery …