Tag: consumer behavior > Page 2

IRI: 5 Keys to Drive CPG Growth in 2023

As inflation continues, consumers are responding by shopping value channels more and buying fewer premium meals and snacks, according to IRI.

Trends Impacting the Dairy Industry

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 …

Q&A: Top Trends at 2022 Plant-Based World Expo

Culinary creativity was booming at the Plant-Based World Expo on September 8 in New York City. In this Q&A, Ben Davis, VP of Content at Plant Based World unpacks expo trends and key developments across the plant-based industry.

Report: Trends to Watch Include DTC Plant-Based Brands

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.

Grocery Stores Diversify Pizza Offerings to Stay Competitive

As Americans aim to save on dining out amid inflation and restaurants battle labor and supply shortages, grocery stores strategize to please consumers’ pizza palates with frozen variety to deli and delivery convenience. Deli pizza …

‘Locavorism’ Trend Gaining Steam Despite Misconceptions

Eating local has developed a connotation for positive impact, from ethics to environment and even health, but how does the practice actually affect food systems, human systems and the planet? “There is not much evidence …

Some Pandemic Food Tech Here to Stay

An Associated Press-NORC Center for Public Affairs Research poll of U.S. adults released July 5 reveals nearly half of U.S. adults want to ditch virtual activities and ordering groceries online – but they’d still like …

Report: Modern Consumers Snacking with a Purpose

Earlier in the pandemic, snacking complemented remote work and supplemented restaurant dining and continues to replace meals with added bonuses. This year, Grubhub’s infamous lunch promotion was prompted by 69% of New Yorkers surveyed saying …

Cold Beverages Red Hot at Coffee Fest 2022

CHICAGO – While coffee shops had previously been viewed as a “third place” to hang out and meet friends over a cup of hot java, shops are evolving to offer more cold beverages along with …

Gen Z Stakes Its Claim as The ‘Foodie’ Generation

Being a “foodie” is now a central component of the Gen Z identity, according to a recent study from Cassandra by Big Village. According to the report, Young & Hungry, Gen Z considers themselves the …

Summer Fancy Food Show Highlights What’s Next in Plant-Based

Plant-based was a unifying theme at the Specialty Food Association’s 2022 Summer Fancy Food show last week, with companies showcasing unique innovations across multiple food and beverage categories. With that, the plant-based specialty retail market …

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Rising Gas Prices Prompt Changes in Shopping Habits

With gasoline prices topping $6 a gallon in some parts of the U.S., consumers have been rethinking their shopping habits, opting against multiple trips and turning to superstores and online solutions to cut down on …

Sunny Side Definitely Up for Plant-Based Egg Market

In a quiet evolution from shelf stable baking substitutes to refrigerated scrambles and beyond, plant-based eggs are on the rise. Consumer awareness of plant-based egg products has been increasing, but it is still a small …

Consumer Spending Shifts as Recession Warnings Loom

With COVID and Russia’s invasion of Ukraine buffeting supply chains, food availability and energy prices, economists are warning of dire times ahead as consumers shift spending patterns to cope with inflation. JPMorgan Chase & Co. …

Expert: Nutrition Should Be Focus for Plant-Based

When it comes to perceived health benefits, plant-based alternatives are at a pivotal juncture. On a recent Food Institute Podcast, Kerry Nutrition Scientist Nathan Pratt, PhD, RD, unpacked the challenges — and responsibilities — food …

Dollar Stores Cashing in Amid Inflation

Price-squeezed Americans are increasingly turning to discount stores, leading Dollar Tree and Dollar General to increase sales forecasts for the year. Dollar General even plans to open 1,110 new stores during the 2022 fiscal year, …

Analysis: How Severely Will Inflation Impact Small Restaurants?

Half of all small business owners and nearly three-quarters of restaurateurs fear inflation will drive them out of business this year, the Alignable Small Business Inflation Poll indicates. “It’s the mom-and-pop diners and the small, …

A Closer Look at Alcoholic Beverage Trends

Steve Ramirez is a Vice President and Relationship Manager with City National Bank’s food and beverage group. Based in Los Angeles, he provides cash flow, asset-based lending, real estate and equipment financing expertise to family …

Mexican Food Hotter than Ever

Even a lingering pandemic has done little to slow the momentum of Merkado, an independent restaurant serving Mexican comfort food in San Francisco. The establishment, which features a menu inspired by Yucatán and Jaliscan cuisine, …

Analysis: What’s Driving Growth in Specialty Food

Once a niche, hard-to-find category, specialty food is becoming a staple in consumers’ kitchens. KeHE Distributors President and CEO Brandon Barnholt recently joined The Food Institute Podcast to discuss specialty food trends, factors affecting the industry, and …

Expert: Brands Must Consider Emotional Factors of Inflation

How will consumer behavior shift as prices climb amid inflation? Most c-suites – in food business, and beyond – are inadvertently approaching this question with a purely rational framing, evaluating the marketplace as if every …