Consumers could be getting a break with companies like Conagra Brands, maker of Hunt’s ketchup and other popular packaged groceries, pulling back on price hikes following last year’s worst inflation in four decades. In its …
On the surface, the appearance of highly pathogenic avian influenza (HPAI) in 2022 should have pushed prices up for both chicken and eggs at an equal level. But anyone keeping an eye on supermarket shelves …
Bad potato and onion crops, coupled with cost and availability issues, may have consumers hearing, “You want zucchini sticks with that burger?” Portillo’s CEO Michael Osanloo said supplies of onion rings and French fries have …
Though experts still are split on whether the U.S. Federal Reserve’s inflation-fighting moves will plunge the economy into a recession, consumers apparently aren’t waiting for the official figures, already trimming their grocery bills and choice …
Restaurant owners are following the corporate world’s lead in having employees test the four-day workweek – but a south Florida Chick-fil-A owner has gone further by having employees in his fast-food establishment work 13 to …
In the U.S., inflation has been running above 5% since the middle of 2021. For packaged foods players, input cost increases have been even higher. Yet, at least so far, even the companies on the …
With 42 million Americans participating in the Agriculture Department’s SNAP – Supplemental Nutrition Assistance Program – and more than half of U.S. households earning less than $75,000 a year, food manufacturers are in a unique …
From fragrance-driven LTOs to shopping in the metaverse, consumers will be seeking multi-sensory experiences in 2023, according to a new report by Trendincite LLC.
Both grocers and their CPG partners are feeling the impact of an uncertain economy and sharing data can be mutually beneficial.
For Coca-Cola and PepsiCo, 2022 seems like it should have been a difficult year. As we discussed just a couple months ago, the challenges facing the food and beverage industry are numerous. Inflation continues to …
To hear experts tell it, an Asian food boom has begun in America. During Tuesday’s Food Institute webinar – “What’s Ahead in 2023?” –Solomon Choi, CEO of Jabba Brands, noted that internationally-inspired hard seltzers and …
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 …
Food and beverage companies are finding water and energy conservation practices are not only good for the planet, but good for the bottom line. Intense drought is making finding fresh water more difficult while Russia’s …
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 …
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 …
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, …
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 …
J.M. Smucker and Campbell Soup both stand out in their attempts to diversify from fading legacy packaged food products.
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 …
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, …
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.
