Rosti Soft Spuds launched in 2019 to nearly universal acclaim in the CPG space and among major distributors, even landing a spot on QVC. Watch the replay of The Food Institute’s livestream to hear from …
Welcome to the FI Newscast! Each week, we note the latest industry trends and consumer insights, with guest appearances by the foremost industry experts. This week’s guest was Uday Ahuja, Chief Investment Officer of RSE …
The public markets (and strategic firms) aren’t kind to businesses that don’t make much money and then stop growing. The recent shutdown of Freshly shocked many of its consumers, but not those following the ~$6B …
In the U.S., inflation has been running above 5% since the middle of 2021. For packaged foods players, input cost increases have been even higher. Yet, at least so far, even the companies on the …
Both grocers and their CPG partners are feeling the impact of an uncertain economy and sharing data can be mutually beneficial.
Despite higher grocery inflation, consumers continue to splurge on their favorite restaurant brands at retail, fueling a trend that has gained significant momentum in recent years. “Restaurants are looking to exploit brand loyalty that really …
When it comes to flavor, every food business aims to hit that taste target. And few are as adept at that as Alison Cayne, creator of Haven’s Kitchen Sauces and host of the hit podcast …
What are Whole Foods top trends for food in 2023? Brands with a mission ranked highly in this year’s report.
A new survey shows the value that having a clear sustainability mission can have for purpose-led brands in the CPG space.
Earlier this year, Coca-Cola (KO) chose to shut down most of the Honest branded beverage business it had acquired from Seth Goldman years earlier. Shutting down an acquisition is a rare decision in CPG firms. …
As inflation continues, consumers are responding by shopping value channels more and buying fewer premium meals and snacks, according to IRI.
What separates the average and the exceptional food and beverage company? A key part of the answer may lie in how leaders within the organization are trained. Traditional management theory would suggest that companies should …
Retailers are looking to outside partnerships and personalized benefits as ways to boost the perceived value of their subscription offerings.
In 2018, Michael Pan rolled up his sleeves, cashed out his 401(k), and took on several loans to start Pan’s Mushroom Jerky. Just 2 years and one Shark Tank appearance later, the product finished 2020 …
Store-brand baking mix sales are on the rise, as shoppers seek “from-scratch” taste without time-consuming work.
Sixty-one percent of shoppers in a Vericast survey said that one of their biggest challenges this year is rising price.
How are consumers changing consumption patterns as inflation pushes CPG prices higher? Ibotta EVP of RevenueChris Jensen discusses.
The twin crop production enemies, drought and excessive heat, are putting unprecedented pressure on the global food supply via “heatflation.”
The Problem Top two investor questions for a consumer startup? 1) Do you have product-market fit yet? And 2) What is the platform? Building a platform brand right from the start is the strategy equivalent …
Amid rising demand for fresher food products, companies need to ensure their inventory is data-driven, with technology and procedures in place to adapt to a rapidly-changing market, according to Venky Ramesh, head of strategic business advisory …
Abbott Laboratories, which stopped the production of Elecare powdered specialty baby formula after its southwest Michigan facility was flooded recently, said it had enough formula supply on hand to meet current needs. Heavy rains and …
With an endless supply of content and more than 50 million daily users, there is no shortage of ways for brands to market themselves on TikTok – particularly to Gen Z. In fact, half of …
The plant-based meat category is experiencing some growing pains. Through the early weeks of the pandemic, alt-meat sales grew some 200% at retail outlets, and the hype around that helped the category secure more than …
The pandemic changed a lot of consumers’ attitudes towards foods and snacks, focusing more attention on healthier living and alternatives to traditional foodstuffs. As those trends accelerate, CPG companies are rethinking their structures and offerings …
The cold brew coffee trend is gaining serious momentum. Market research company Technavio recently released a report predicting the cold brew trend’s trajectory — 57% by 2025 — after 26% YoY growth in 2021. The …
Despite stronger sales earlier in the pandemic, the meal kit industry still has room to grow, with Statista projecting the U.S. market to reach more than $10 billion by 2024, compared to $6.9 billion in …
Who doesn’t love a bargain? Consumers likely will be in luck this summer as retailers, whose inventories have swollen largely due to the pandemic and shifts in buying behaviors, try to rationalize their stocks amid …
Pepsi will no longer sponsor the Super Bowl halftime show. The company said in a statement that the decision is part of a “larger strategic shift to bring unprecedented music and entertainment experiences” to people …
The global plant-based alternatives market could swell to $166 billion in the next decade, according to an updated forecast by Bloomberg Intelligence. Bloomberg’s May 2022 projections incorporated 2021 results into the Plant-Based Foods Poised for …
A recent webinar from market research firm IRI unpacked various snacking opportunities around the globe that are enticing shoppers amid current economic challenges and new patterns of consumption. Here are a few key takeaways: The …
The best time to measure the privilege of being an iconic brand is any period of rapidly spiking inflation. The Consumer Price Index has jumped 8.5% in the last year alone. And the country’s most …
During the Great Recession, consumers spent less, traded down, and cut back on many CPG purchases. A recent report from the IRI Recession-Proof Your Business series explored these behaviors to glean strategies for success in …
