The food industry should be on high alert this summer amid warnings from the North American Electric Corp. that high temperatures, drought and the prospects of extreme weather could contribute to blackouts across the continent. …
CHICAGO – A sign at the Sweets & Snacks Expo on Tuesday spoke volumes about current trends in the food industry. The banner simply stated: “INTENSE indulgence … MINDFUL indulgence … HEALTHY indulgence.” Clearly, snacking …
Companies producing trail mix are on the path to higher revenue. In fact, the trail mix market size is set to grow by $11.2 billion by 2026, according to global market research firm Technavio, which …
A recent webinar from market research firm IRI unpacked various snacking opportunities around the globe that are enticing shoppers amid current economic challenges and new patterns of consumption. Here are a few key takeaways: The …
The best time to measure the privilege of being an iconic brand is any period of rapidly spiking inflation. The Consumer Price Index has jumped 8.5% in the last year alone. And the country’s most …
During the Great Recession, consumers spent less, traded down, and cut back on many CPG purchases. A recent report from the IRI Recession-Proof Your Business series explored these behaviors to glean strategies for success in …
A new report from Placer.ai, titled Placer Spotlight: Whole Foods’ Journey Since the Amazon Deal, takes a closer look at Whole Foods foot traffic data over the past several years. Here are some key takeaways: …
This article is written and sponsored by Proaction International. We’re all familiar with the job market buzzwords dominating today’s food and beverage industry headlines: The Great Resignation, tight labor markets, concerns about returning to the workforce …
With inflation raging, consumers are beginning to cut costs on everyday CPG food items. And as a result, brand loyalty is taking a hit. Private-label brands, after two pandemic years in which they lost market …
In a recent IRI webinar on consumer packaged goods (CPG) company performance in 2021, senior leaders from three of the category’s top performing companies — Michael Del Pozzo from PepsiCo, Gary Osifchin from Reckitt, and …
Society has come a long way on normalizing discussions about mental health. With that, a growing list of brands are highlighting mental wellness in their marketing. As the issue is increasingly destigmatized—with celebrities and athletes openly discussing their …
Food businesses are losing faith in Instagram following a change in its algorithm. The social media platform’s choice to prioritize videos over photos has created unforeseen costs for small businesses, leaving many owners frustrated, reported …
Consumer data analysis firm Catalina reports two years into the coronavirus pandemic, Americans are snapping up certain packaged foods at a rapid clip, and there’s little evidence the trend is slowing much. Bacon, refrigerated snacks …
Users sharing their food on social media is nothing new, but TikTok is taking the phenomenon to new heights. Earlier this week, the hashtag for “food” had garnered a whopping 268 billion views on the …
ANAHEIM, Calif. – Natural Products Expo West 2022 was a welcome moment of normalcy for the food industry. The Anaheim Convention Center buzzed with an energy that hadn’t been felt since 2019 – when the …
More major CPG companies are playing in plant-based, flagging the alt-protein category as a potential catalyst for growth. But industrywide, the depth of that value is not easily measured in broad strokes. “When you factor …
Shoppers have historically gravitated to store brands when economic times get tough. But despite record-high prices, private label food and beverage sales continue to dip below their national counterparts at retail. Overall, store brand dollar …
U.S. companies should be prepared for retaliatory cyberattacks following Biden Administration sanctions against Russia for invading Ukraine. U.S. Rep. Jim Langevin, a senior member of the House Armed Services Committee, said private companies should be …
A few food companies scored big thanks to this year’s Super Bowl. AdAdapted, a shopping list marketing and insights platform, recently researched the influence of this year’s Super Bowl commercials and found two chip brands, …
Meal kits are at a crossroads. Despite strong sales earlier in the pandemic, customers have dropped meal kits in droves as restrictions ease, while soaring food and logistics costs squeeze margins. In December, HelloFresh released 2022 …
The 10th annual Growth Leaders study from IRI and Boston Consulting Group (BCG) explores the top performing consumer packaged goods (CPG) companies of 2021 and strategies that enabled their growth. The total U.S. CPG industry …
Editor’s note: This article is a free, one-time preview of The Food Institute’s new Premium articles, which will be available to members. To join FI, click here. Comparative analytics platform Social Standards took a look into public consumer …
Interactive & Educational Conference Designed to Meet the Needs of Retailers, Foodservice Operators, Food Manufacturers, Investors, Financial Services and Policy Makers, Scheduled for June 1-3 February 16, 2022/FI Newswire/ – The Food Institute and The Lempert …
The definition of what a snack can be is broadening, and so is the role snacks play in consumers’ lives, according to Mondelēz International’s State of Snacking 2021 study. Seventy-nine percent of global consumers say …
Recent polls suggest Americans are adding a little spice to their lives. An Instacart survey of over 2,000 U.S. adults found that 74% of Americans eat hot sauce with their food, and nearly half (45%) said …
Nearly eight in 10 Americans expect inflation to persist over the next six months—and they’re probably right. Half even anticipate it to increase “a lot,” while 78% expect interest rates to rise, according to a …
The steady volume of Silicon Valley unicorns in the past 15 years has buried the fact that growth operates very differently in consumer startups, especially for the manufactured consumer package goods (CPG) that fill Target, …
As consumers become more focused on environmental issues, one company is betting $600 million that paper can become the new plastic. Graphic Packaging Holding Co. is launching a plant in Kalamazoo, Michigan, to recycle cardboard …
Inclusion is one of those buzzwords that has gained prominence in recent years, but in practical terms, those with disabilities often have been left out. Now food manufacturers are taking another look, including braille labels …
This article is written and sponsored by Transparency Market Research. The global meat snacks market is expected to grow at a CAGR of 7% and reach a whopping US$ 14.5 billion by the end of 2029, …
A consumer shift toward healthier lifestyles and packaging innovations are boosting demand for packaged foods in the U.S. In fact, the U.S. packaged food market size is expected to grow at a CAGR of 4.1% …
Energy drink-maker Monster Beverage Corp and Constellation Brands Inc., which brews Corona beer, are reportedly in talks for a possible merger. What would a Monster-Constellation mash-up mean? Jameson Sharp, investment group partner and analyst with …
Barbecue is red-hot worldwide, according to new research from Irish food company Kerry. “It’s clear that people and cultures intersect on the general topic of open-fire cooking,” said Soumya Nair, Kerry’s global director of consumer …
Oatly Group AB shares fell nearly 21% on Monday after the plant-based dairy company reported a third-quarter revenue miss and issued a revenue warning for the year. The company, which had a net loss of $41.2 …
A new survey signals that marijuana is competing with alcohol for Gen Z’s dollars. Technomic’s recent Adult Beverage Planning Program report shows that, in states where recreational cannabis is legal, nearly two-thirds (65%) of Gen …
In 2015 a pair of San Diego-based entrepreneurs – Cassandra Curtis and Ari Raz plotted the launch of a new, high-pressure processing (HPP) baby food brand in refrigerated pouches. The playful name was Once Upon …
