Report Reveals ‘Digital Divide’ in F&B Supply Chains
A new industry study suggests food and beverage suppliers simply can’t afford to ignore supply chain modernization.
A new industry study suggests food and beverage suppliers simply can’t afford to ignore supply chain modernization.
Among CPG energy drink brands, Celsius over-indexes with teens, with 17% citing it as their favorite energy drink brand (vs. ~12% market share) while Monster and Red Bull under-index. Among snack brands, Campbell’s Goldfish are still most preferred. Teens report highest intentions to eat more or the same amount of Mondelez’s Clif Bar and Hershey’s products.
Over the next two decades there will be a major transfer of wealth—collectively, around $84 trillion—from baby boomers to younger generations including their Gen X children.
Bracha Goetz is as active as ever at the age of 66, and she’d like to keep it that way. That’s why the Harvard-educated author – like many baby boomers – is eating as healthily …
Replicating bacon has been no small task for alternative protein producers, but new innovations in flavor and texture are bringing plant-based options ever closer to home. “Plant-based bacon is going to have its moment in …
Wagyu beef, which first gained popularity in Japan due to its tenderness, is gaining traction globally. “Wagyu is one of the fastest-growing food trends,” Daniel Levine, director at Avant Guide Institute, told The Food Institute. …
Fungi fever is sweeping the food industry, and the increased supply of mushrooms in packaged food and drinks is only the first wave of the phenomenon. Both Whole Foods Market and Kroger named mushrooms as …
Loyalty programs continue to gain traction across the food industry as restaurants and retailers implement new offerings to capitalize on customer allegiance. The increase is widely tied to pandemic-induced spikes in digital commerce along with …
While many traditional African foods are embedded in American culture, as a category, African cuisine remains largely unrepresented. But as consumers’ appetite for global flavor continues to flourish, the tides of change are well ashore. …
Youthful consumers that comprise “Generation Z” are becoming a powerful economic force. The group — comprised of preteens, teens, and young adults – is now 2.5 billion strong. Jason Dorsey, a keynote speaker and co-author …
The packaged food industry is undergoing a rapid evolution. Industry giants are re-engineering household-name products to meet modern preferences and diversifying into healthier, fresher, and more sustainable offerings. The following four key trends are fundamentally …