Korean Food is Ascendant
Zooming out, Korean cuisine has found a niche in today’s restaurant, retail, and grocery foodscape, whether standing alone as a global cultural beacon of cuisine or being reimagined with some of today’s food trends.
Tag: chicken
Poultry Power Meets Global Flavor
Chicken listings on restaurant menus have grown 6.4% in the past five years, outpacing the 4.7% of burgers and other beef-based items.
Will Beef Prices Stay Elevated into 2024?
Looking ahead, Zimmerman noted that prices would likely increase in the new year, but the magnitude of that increase would likely be more subtle in 2024.
FI Fast Break audio news: Oct. 4, 2023
This week’s Food Institute news podcast touches on the latest innovations featured at fast-food drive-thrus.
Meat Producers Look For A Bottom — And For Answers
The cycle has turned against meat producers with a perhaps unprecedented vengeance. In response, investors and industry participants face two key questions. First, when does the cycle turn? More importantly, what can meat producers do …
Restaurants Struggling to Secure Chicken Sandwich Supplies
Restaurants are finding it tougher and more expensive to secure supplies of smaller birds, which are typically sourced for chicken sandwiches.
Amid Inflation, Consumers Have a Beef with Beef Prices
Beef eaters have a tough choice to make these days: switch to cheaper proteins or swallow the more than 11% increase in prices from 2020 levels, averaging $5.40 a pound in June.
FI Fast Break audio news: May 10, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine just how long the Great Resignation might last. The Food Institute Podcast · FI Fast Break News – May 10, 2022 The FI …
Hot Wings Hotter than Ever as Super Bowl Approaches
The Los Angeles Rams have won eight of their last nine games, the Cincinnati Bengals six of their last seven. As impressive as that is, the teams aren’t nearly as hot as one Super Bowl …
Will Plant-Based Chicken be the Next Big Menu Item?
Editor’s note: The Food Institute has a new Plant-Based Insider newsletter, coming in February! To sign up, click here. Plant-based chicken is taking center stage in 2022. KFC is the latest chain to introduce a …
Restaurants Tap Dark Poultry Meat Options
Demand for allergy free foods continues to rise as consumers encounter a broader variety of motivations to steer clear of certain ingredients.
What Are the Prospects for California’s New Animal Welfare Rules?
New rules on animal welfare are slated to take effect Jan. 1 in California, but a coalition of restaurants and grocery stores have filed suit to block implementation for more than two years, arguing they …
Chicken Market Roundup: A Tender Shortage, Steady Supermarket Sales
Despite a potential shortage of chicken tenders, dollar sales of chicken products at supermarkets and poultry slaughter remained relatively stable year-over year. Chicken Tenders in Short Supply Picky eaters may have something to cry “fowl” …
Retailers May Force Major Changes in Chicken Production
The Global Animal Partnership plans to toughen standards, effectively lowering the number of chicken breeds that meet its animal welfare guidelines, Bloomberg recently reported. The partnership, which has a five-step process for certifying animal welfare, …
Bird Flu Sweeping Across Europe
Bird flu is spreading across Europe with Poland, the continent’s largest poultry producer, and Britain reporting the latest cases, following outbreaks in Denmark, France, Germany, Italy, Netherlands and Russia. Poland reported several outbreaks of H5N1 …
Meat-Tax Debate Percolates During COP26 Summit
The idea of a meat tax has been in the spotlight as of late to reduce consumption of beef due to its effects on climate change. The United Nations said that emissions from livestock account …
Report: Plant-based Menu Items Skyrocketing at U.S. Restaurants
With what seems like a new plant-based development each week, it’s no surprise that meat alternatives are now a $14 billion market, according to Tastewise’s new Q3 Market Report: Alternative Proteins. The Food Institute reviewed …
Latest Salvo in Chicken Wars Includes Taco Bell Hybrid Item
Taco bell is no stranger to unusual combinations (think Naked Chicken Chalupa, Doritos Locos Tacos), but its latest might take the cake. The chain is launching a Crispy Chicken Sandwich Taco on September 2. The …
Analyst: Plant-Based Food to See Massive Growth in Next Decade
Just when it seems like plant-based food couldn’t get any bigger, the industry is now predicted to grow fivefold by 2030. The global plant-based alternatives market could grow to $162 billion in the next decade, …
POULTRY UPDATE: Thanksgiving Turkeys Could Be in Short Supply
The latest industry to be impacted by supply constraints is poultry. LABOR AND SUPPLY ISSUES THREATEN HOLIDAY TURKEY AVAILABILITY A broker for Shady Brook Farms, one of the nation’s largest turkey suppliers, said in a …
M&A Monday: Sanderson Farms in Play as Chicken Demand Remains Strong
Cargill and Continental Grain Company announced early Monday that they’re set to acquire Sanderson Farms for around $4.5 billion. Sanderson Farms will combine with Wayne Farms, a subsidiary of Continental Grain, to form a new, …
Update: Nuggets Taking Center Stage Amid Chicken Wars
Eighty-four percent of consumers globally order chicken from a restaurant at least once a month, according to new research by Technomic. The latest chicken product in high demand appears to be nuggets. POPEYES DEBUTS NUGGETS …
Analysts: Restaurant Customers Seeking Plant-Based Innovation
There’s no denying plant-based food has had a big year. However, the pandemic’s full impact on plant-based momentum in restaurants remains unclear. While the gears of product development are starting to turn again, some major brands have …
Meat Prices Continue to Rise After Pandemic Push
Inflation is affecting prices across the food continuum, and meat is no exception. Meat prices were up in the first two quarters of the year when compared to both 2020 and 2019, according to analysis …
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USDA Taking Steps to Boost Meat and Poultry Market Competitiveness
To address concerns about competition in the U.S. ranching and farming system, USDA will allocate $500 million to expand meat and poultry processing capacity across the nation. The agency said the move was “one of …
Despite the Rise of Plant-Based Alternatives, Meat Department Sales Up 19% in 2020
Despite the rise of plant-based alternatives last year, meat department sales reached $82.5 billion in 2020, an increase of 19.2%, according to the 2021 Power of Meat report from FMI and the Foundation for Meat …
U.S. Meat Processing Update: As Industry Faces Oversight, Sanderson Explores Sale
As demand for chicken products rises, and the meat industry addresses anti-competitive behavior, Sanderson Farms Inc. is reportedly exploring a sale. POSSIBLE SANDERSON SALE Sanderson Farms tapped Centerview Partners for advice on its potential sale …
FI Fast Break: May 6, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down record beef and pork exports, the persistent chicken wing shortage, Kroger’s new drone delivery program, and more. To listen, click the play/arrow …
Wing and a Prayer: Restaurants Scramble During Chicken Shortage
Restaurants throughout America are dealing with a frustrating shortage of chicken wings that shows no signs of slowing. This has pushed executive chefs like Dan Miles to do what was previously unthinkable: either sell a …
Beyond Meat Adding Faux Chicken as Alt-Protein Trend Gathers Steam
With each passing day, we’re seeing an abundance of new alt-meat products in 2021. Just within the past few days, Nathan’s Famous revealed it will launch plant-based Meatless Farm hot dogs, while Buona Beef unveiled …
FI Investigates: AUTOMATic Innovation in Foodservice
In its latest investigative video, The Food Institute visits a unique New York City restaurant with a “back-to-the-future” business model. The Brooklyn Dumpling Shop is revolutionizing a beloved relic of the past – the automat …
Does America Have an Overreliance on Major Meat Companies?
Meat and poultry producers were among America’s hardest hit sectors earlier in the pandemic, impacting production of chicken, beef, and pork at the country’s largest producers. The shortages across the country displayed how reliance on …
FI Investigates: A High Stakes Game of Chicken
You may have noticed nearly every QSR chain in existence is releasing new, premium chicken sandwiches lately. The Food Institute recently examined these ultra-competitive “chicken sandwich wars” in an in-depth investigative video, featuring interviews with …
Technomic’s Freier Says Chicken Sandwich War Is Beneficial for All Parties Involved
Lizzy Freier, senior research manager of menu at Technomic, spoke with The Food Institute’s Susan Choi about the so-called chicken sandwich wars in the quick service restaurant segment, the impact of the pandemic on sales, …
Rising Costs Pushing Meat Producer Prices Higher
The world will soon pay more for meat as food inflation deepens. Livestock farmers are getting hit with the highest corn and soybean prices in seven years, raising the cost of feeding their herds by …
Protein Producers Reach Agreements to Settle in Legal Battles
Multiple protein producers are agreeing to settle in various legal battles regarding price fixing and anticompetitive activity. TYSON, PILGRIM’S PRIDE Tyson Foods Inc. and Pilgrim’s Pride Corp. both struck agreements on Jan. 11 to help …