AI Predicts 2024 FoodBev Trends
2023 was a big year for artificial intelligence in the food industry, and generative AI is slated to dominate the 2024 food and beverage marketing scene. “The emergence of generative AI offers a new reality …
2023 was a big year for artificial intelligence in the food industry, and generative AI is slated to dominate the 2024 food and beverage marketing scene. “The emergence of generative AI offers a new reality …
Texas Roadhouse has built itself into one of the two best operators in casual dining, and one of the best operators in its entire industry.
“Grocers now have more technology at their disposal than ever before, and effectively leveraging this data to drive in-store performance has become increasingly difficult,” Boyle said.
When it comes to consumers, the alt-meat category has more than its fair share of challenges — and supporters. Who’s buying meat alternatives today and why? Here’s the latest stats from Brightfield Group’s quarterly shopper survey.
When it comes to the food industry, Kohen said food and restaurant retailers can take advantage of smaller formats in neighborhoods and lifestyle centers, providing a dining experience to the shopping journey.
Airing on three platforms (YouTube, Roku, and the pocket-laden TikTok) and also playing in stores, Add to Heart is nothing if not a bold step into the media-laden retail environment increasingly influenced by in-store retail media networks.
Marissa Jarratt, 7-Eleven chief marketing & sustainability officer, explains the company’s ascent amid a digital revolution.
Even in the face of record inflation, consumers have remained resilient and have stuck with third-party delivery apps for the convenience of a delivered meal. But what exactly did they order in 2023?
Monolithic allegiance has given way to the brands and companies that can provide the best, most convenient, and value-driven experiences, making every consumer a seven-headed hydra.
Nostalgia and fond memories have kept cookies popular and the treats remain a favorite because of their portability and versatility.
About 68 million birds have been killed since the outbreak began in the U.S. in February 2022. Cases are again beginning to tick up, with 2.8 million birds killed on Iowa farms in the past month and 1.3 million at an Ohio egg farm.
And that’s OK. In many ways, being authentic isn’t about the best product or service or value or lifestyle; it’s about being human, which is being vulnerable. Vulnerability is the heartbeat of authenticity, the subtle brand drumbeat that brand advocates and consumers can hear. Without a heartbeat – without being occasionally vulnerable – it will be hard to resonate and grow the brand in a way that feels organic, fresh, and authentic.
As the calendar turns toward a new year, many consumers continue to watch their budgets closely. And that factor is shaping retail strategies for 2024. “The average American family has eaten into the savings it …
“Today’s warehouses often have the three D’s – they are dull, dusty, and dangerous…automation and simulation environments can support operators in performing their jobs more efficiently and in safer work environments.”
The second wave of retail media networks is already upon grocers and retailers – and CPG makers could be among those to benefit the most.
The quarterly percentage of American adults who say they purchase organic food regularly (or, “every chance I get,”) is up two percentage points since the first quarter of 2021, reaching 12%.
“Remember that running a food and beverage business can sometimes be akin to ‘buying yourself a job;’ it may not always guarantee immediate or substantial returns on investment.”
McDonald’s has nearly as much brand magnetism with Gen Z as Dwayne “The Rock” Johnson or Ariana Grande. And in 2023, the purple-hued force of attraction that connected the burger giant with young consumers was …
Dynamic pricing in retail requires patience, data diligence, and knowledge of the local market, and consumers are receptive of the practice.
There is no new normal and innovation will continue to advance at lightning speed.
Blumenthal said one of the major positive shifts he had seen since the pandemic was an increased focus on collaboration across the foodservice continuum.
Among the plant-based options highlighted at a recent PLMA event were convenient, handheld snacks such as porkless carnitas and alternative chicken fries.
Climate change is shifting from being a looming threat to an active influencer of consumer choices. The most recent EY Future Consumer Index offers a deep dive into the ways climate change is starting to …
U.S. milk and butterfat production experienced parallel growth at 24% from 1995 to 2010. Since then, however, production has exploded, particularly for butterfat, pushing 27% growth.
In a telling report from Qualtrics, 28% of Gen Z and millennials say student loan repayments will make the holidays unaffordable this year.
Eli Lilly’s Zepbound, recently approved by the FDA, is the most potent weight-loss drug yet. Could it impact the food industry? At least one expert says ‘yes.’
Over the next two decades there will be a major transfer of wealth—collectively, around $84 trillion—from baby boomers to younger generations including their Gen X children.
In an era of increased greenwashing and many companies abandoning once-ambitious ESG plans altogether, Walmart appears to be making real strides toward helping reduce food waste, solve food deserts, and burnishing its worldwide brand a little more.
It’s no secret that consumers are dealing with a lot right now—emergency SNAP benefits ended, student loan payments restarted, and food inflation has persisted—putting many grocery consumers in a bind and ultimately changing how they …
Food manufacturers have seen their profits fall in the past year, forcing them to pass along increases for raw materials, energy, transportation, and packaging.
LSEG analysts estimated Amazon’s advertising business will increase nearly $3 billion over last year’s fourth quarter to $14.2 billion as a result, Reuters reported.
Edible insects have all the makings of a smash hit in the alternative protein sector. The big problem? U.S. consumers might not want to eat bugs.
Demand for instant noodles jumped 2.6% globally to a record high of 121.2 billion servings last year, according to the World Instant Noodles Association, and 2023 marked the seventh consecutive year of instant noodle growth and consumption.
E-commerce has not only failed to kill the great American retail experience but is helping it thrive as sales associates and vendors large and small are using the omnichannel to attract customers, enhance sales, and reduce customer acquisition costs.
Rite Aid, one of the largest pharmacy chains in America, is facing a major financial restructuring, with plans to close 154 stores. The 61-year-old pharmacy chain recently filed for Chapter 11 bankruptcy and named new …
While fresh is an important category for grocers, the waste caused by perishables can have a significant impact on the bottom line. A study by RELEX found that 74% of retailers say fresh products are …