Inflation is hitting Americans hard and is causing most to cut back everyday items. A recent survey from Attest proves that food and beverages are not immune to necessary cutbacks. Dr. Lin Carson, CEO of …
What are Whole Foods top trends for food in 2023? Brands with a mission ranked highly in this year’s report.
A new survey shows the value that having a clear sustainability mission can have for purpose-led brands in the CPG space.
Earlier this year, Coca-Cola (KO) chose to shut down most of the Honest branded beverage business it had acquired from Seth Goldman years earlier. Shutting down an acquisition is a rare decision in CPG firms. …
As inflation continues, consumers are responding by shopping value channels more and buying fewer premium meals and snacks, according to IRI.
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 …
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 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. …
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.
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 …
PepsiCo has taken another step to grow its share of the energy drink market by taking a stake in Celsius.
Shrinkflation is hitting packaged foods, and consumers and producers both are growing anxious about inflation.
The canned cocktail trend is gathering momentum as the summer of 2022 rolls on.
As snacking trends around the world evolve, sustainability is emerging as a key theme across several markets, according to IRI.
Store-brand baking mix sales are on the rise, as shoppers seek “from-scratch” taste without time-consuming work.
Hershey is in store for a Halloween nightmare of sorts, saying it won’t be able to meet consumer demand this October.
Beyond Meat shares made a slight recovery after falling on news McDonald’s may ditch its McPlant burger amid tepid results.
Many food companies are embracing regenerative ag to aid the environment – a movement that’s increasingly extending into aquaculture.
Food and beverage intelligence company Spoonshot has released its AI-generated list of food trends for 2023.
Private label is arguably more important than ever in the face of inflation, and digital recipes tend to get those products onto consumers’ plates.
The twin crop production enemies, drought and excessive heat, are putting unprecedented pressure on the global food supply via “heatflation.”
The twin crop production enemies, drought and excessive heat, are putting unprecedented pressure on the global food supply via “heatflation.”
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 …
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 …
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 …
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 …
Containers and packaging clog municipal waste streams with the Environmental Protection Agency estimating the load at 82.2 million tons in 2018 – more than 28% of all waste produced. At the same time, the USDA …
The price for a typical Fourth of July cookout could be 11% to 17% higher than a year ago, depending on what’s in your basket. That’s according to recent reports from Wells Fargo and the …
With an endless supply of content and more than 50 million daily users, there is no shortage of ways for brands to market themselves on TikTok – particularly to Gen Z. In fact, half of …
The pandemic changed a lot of consumers’ attitudes towards foods and snacks, focusing more attention on healthier living and alternatives to traditional foodstuffs. As those trends accelerate, CPG companies are rethinking their structures and offerings …
NEW YORK CITY – As Marissa DeMaio provided a tour of Atalanta Corp.’s event booth at last week’s Specialty Food Association Summer Fancy Food Show, she noted that smoked food products, like cheeses, are “on …
NEW YORK CITY – The lingering pandemic has done little to dampen consumer demand for specialty food. This was certainly apparent Monday at Specialty Food Association’s Summer Fancy Food Show. The Javits Center was abuzz …
As we approach the midway point of the year, it’s time to take a closer look at some of the top food industry trends. With that, here are key findings from Trendincite’s recently-released Top 5 …
As consumer spending buckles under the weight of inflation, store brands must work harder than ever to capture market share. In first quarter of 2022, consumers across all outlets were spending more but buying less …
Pepsi will no longer sponsor the Super Bowl halftime show. The company said in a statement that the decision is part of a “larger strategic shift to bring unprecedented music and entertainment experiences” to people …
Consumers’ perpetual sweet tooth for frozen treats continues to drive category sales, despite equally persistent supply chain challenges. In particular, the frozen novelty segment has been a powerhouse over the past few years, with April …
