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 …
When Dutch professor Mark Post unveiled the first cultivated meat burger in 2013 at a cost of $330,000, few could have imagined how the category would evolve. In fact, companies can now create a patty …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the expansion plans of both Beyond Meat and ADM. The Food Institute Podcast · FI Fast Break News – April 13, 2022 The …
Acquisitions are quickly changing the face of the so-called “smart farming” landscape. The latest example of that evolution comes via Fieldin, the world’s largest smart farm operations management company, which recently acquired agricultural autonomous driving company …
The global market for edible insects is projected to surpass $1.5 billion by year’s end, and the Food and Agriculture Organization of the United Nations notes that insects currently supplement the diets of approximately two …
Archer-Daniels-Midland Company reported fourth quarter earnings of $687 million. Here are some highlights from the report: NUTRITION ADM’s Nutrition business delivered 24% year-over-year operating profit growth. “Our Nutrition business continued to harvest investments, lead in …
The edible insect market, which surpassed $112 million in 2019, is expected to grow at a compound annual growth rate of 26.5% from 2020 to 2027 to reach $4.63 billion by 2027, according to Research …
Nothing has been more impactful in 2020 than how the COVID-19 pandemic has altered the way people view their lifestyles. Consumers are becoming increasingly more cognizant of the importance of health and well-being for themselves …
Six out of 10 global consumers are increasingly looking for food and beverage products that support their immune health, with one in three saying that concerns about immune health increased in 2020 over 2019, according …
