FI Fast Break audio news: Oct. 23, 2024
The latest Food Institute Fast Break news podcast touches on the soaring price of cocoa ahead of Halloween.
The latest Food Institute Fast Break news podcast touches on the soaring price of cocoa ahead of Halloween.
Halloween spending is expected to hit $11.6 billion this year, with nearly half of shoppers starting early to embrace the season. Confectionery sales are anticipated to grow by 3-5%.
Join The Food Institute as we explore Paccari, a company which makes chocolate entirely from Ecuadorian cacao. Ecuador is one of the world’s leading producers of fine flavor cacao, and Paccari highlights this in their …
The latest Food Institute Fast Break news podcast touches on the latest update related to weight-loss drugs.
Today’s consumers are snacking around the clock, according to a shopper survey that notes which new innovations shoppers are craving.
Consumers frequently express a willingness to pay extra for products they perceive to be sustainable, but actual shopping behavior often tells a different story. What sets sustainably sourced chocolate apart from the rest?
Functional chocolate is becoming a staple of health-conscious diets. Manufacturing the healthier-for-you chocolate often requires much trial and error, however.
How much money is the Easter candy market worth? Hold onto your Easter baskets – in the United States alone, 2024 Easter candy sales are expected to exceed $3.3 billion (Statista)
“Consumers seek out chocolate and candy to help enhance holiday seasons, family celebrations, and those important ‘treat yourself’ moments,” said John Downs, president and CEO of the National Confectioners Association, in a statement.
The latest Food Institute news podcast touches on HelloFresh’s market meltdown, an uptick in consumer spending, and more.
Cocoa prices are nearly 65% higher than they were one year ago, and New York futures prices have hit a 46-year high.
A new report from Mintel suggests one-third of Americans rationalize purchasing chocolate as an energy boost. Meanwhile, new research suggests a direct connection between dark chocolate and reducing factors that contribute to essential hypertension.
Let’s take a look at the consumer perceptions driving disruptive brands, like Feastables chocolate from MrBeast. Manufacturers are feeling pressure on both price and experience: Food and beverage manufacturers are feeling pressure from both store …
The latest Fast Break Food Institute news podcast touches on “The Ozempic Effect” on the food and beverage industry.
“Snacking is still a lifestyle in the U.S., fueled by the younger generation,” Wyatt began. “We’re in an unprecedented situation as price hikes in this category are outpacing other food/bev categories.”
Mondelēz’s latest State of Snacking report reveals that a majority of consumers continue to prioritize snacking, even amid rising prices.
The latest FI news podcast touches on the rising demand for ingredients like chocolate within the ice cream industry.
Stuckey’s CEO Stephanie Stuckey has learned a lot about social media over the last three years, like the importance of telling compelling and sometimes personal stories.
The pandemic era strengthened food and beverage trends like health, wellness and nostalgic indulgence. While contradictory at first glance, these behaviors are finding alignment as consumers redefine what constitutes “healthy” behavior. Health and wellness are …
This article is written and sponsored by Future Market Insights. Some time around 8000 B.C., among the rolling hills of ancient Africa, a dusty traveler made an accidental, yet incredible gastronomic discovery. The weary herdsman – …
YouTube star Jimmy Donaldson – better known as MrBeast – is getting back into the food space with a better-for-you snack brand. Following the success of his virtual restaurant brand, MrBeast Burger, Donaldson is introducing …
First there was lab-grown meat. Then, lab-grown dairy came along. Now, it appears chocolate is next. LAB-GROWN CHOCOLATE GETS CLOSER TO REALITY California Cultured, the U.S. company making lab-grown chocolate, has raised $4 million in …
It appears many consumers have a sweet tooth ahead of Halloween 2021. The pre-Halloween candy buying period is drawing more consumers this year than ever before, according to Numerator’s Candy Tracker. Omnichannel seasonal candy sales …
Joanna Lepore feels consumers these days are experiencing a “massive moment of introspection.” The coronavirus pandemic, she explained, has made most people pause, examine what they want out of life, and search for moments of …
The global chocolate confectionery market is anticipated to reach $154.5 billion (USD) by 2025. Its growth has been aided by the pandemic, during which consumers have often turned to comforting, indulgent foods, like milk chocolate …
Next Valentine’s Day, plant-based consumers will have even more chocolate options, thanks to Nestle’s latest development: a vegan KitKat. NESTLE TAKES PLANT-BASED CHOCOLATE MAINSTREAM A plant-based candy bar, called KitKat V, will be Nestle’s first …
To no one’s surprise, the consumption of chocolate and other comfort food is on the rise as consumers lean more on guilty pleasures to cope with pandemic-related anxiety. In fact, the stress of 2020 coupled …
Sales of chocolate and candy increased during the pandemic as consumers look for products to boost their mood and lighten perspectives, according to data from the National Confectioners Association (NCA). Overall sales of chocolate and …
Food Institute Focus – Consumers Turn to Comfort Food
Food Institute Focus – Snacks and Soda Sales Soar
Food Institute Focus – America Intensifies its Snacking Habits