FI Fast Break audio news: July 5, 2023
The latest Food Institute news podcast touches on the big change of plans for world-renowned restaurant Noma.
Tag: CPG > Page 5
Top Trends at the Summer Fancy Food Show
“Companies must stand out,” said Food Institute CEO Brian Choi. “To win in the marketplace, products have to have a differentiated selling point – just being ‘good’ is not good enough in this environment.”
FI Newscast (June 16, 2023) – Featuring Bill Lynch, Specialty Food Association
The Better-for-You Blockbuster Snacking Season Has Arrived
As families gear up for movie night across the country and CPG companies figure out how to get their snacks off the shelves and into the hands of consumers before the previews even start, what constitutes a typical movie night snack, for many, is going the way of the dinosaurs.
The Route to Market (& Me) – Amazon Fresh & The Evolving Consumer
“What is the route to market?” Carroll wondered. “That’s what we all used to say – ‘what is the route to market?’ Today, though, it’s the route to me. Give me what I want, when I want it, as conveniently as possible.”
How Nespresso Wins in the U.S. Market
Nespresso’s Jessica Padula discusses the company’s history, its unique place in the coffee space, and how it views loyalty.
Groundbreaking Consumer Insight: The Snack 50 Psychological Ranking
According to Circana Group and reported by The Wall Street Journal, nearly half of American consumers snack three times or more every day, a figure up 8% in the past two years. Last year, U.S. snack sales soared to over $180 billion, up 11% from the previous year.
American Jerk: The Salty, Smoky, Spicy, and Thriving Business of Jerky
There are many notable jerky and meat snack companies out there and most are thriving as the snackification of America continues apace. Jerky in any form has been a staple snack since navigators used sextets to sail the seven seas and discover more jerky, as John Smith is purported to have in the early 1600s when he marked a map of Virginia and wrote, “as drie as their jerkin beefe in the West Indies.”
Introducing The Snack 50 – The First Psych-Based Measurement of the World’s Top Snack Brands
COLUMN: For Tyson and JBS, the Problem is Not Just the Cycle
Input costs are up, prices are falling, volumes are down. It’s an unprecedented environment.
OPINION: Beyond Predictable – The Perils of Losing Focus After Initial Success
Why is Beyond Meat struggling? What will last in the plant-based category, and will it ever grow again? And what can other founders learn from this classic case of irrational exuberance? The answers may still surprise you.
Alpha-Diver and The Food Institute Unveil The Industry’s First Comprehensive Consumer Psychology-based Ranking of Snack Brands
How to Win in the 2023 Snacking Universe
“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.”
Report: ‘Shrinkflation’ Top of Mind for Consumers
Shrinkflation is hitting Americans – hard. Almost three out of four consumers are concerned about the trend of shrinkflation – when companies keep their prices the same, yet give customers less of their products – …
The Inflationary Consumer: Fewer Trips but Bigger Carts
Consumers’ grocery shopping habits are changing as they grapple with inflation, leading to fewer trips but spending more during each visit. Between November 2022 and January 2023, average basket size rose 6% while number of …
FI Live Replay – Diving into Plant Based with Actual Veggies
FI Newscast (April 14, 2023) – Featuring Kristen Walters, Mazars in the US
Mergers, Acquisitions, Startups & Layoffs: What to Expect in 2023
Inflation is ebbing and the economy is weathering the rate hikes well. Unemployment is at a 50-year low, and recent tech layoffs are minimal compared to the volume of employees hired by those same companies the past several years.
Dissecting Fan-Driven Brands
Dr. James Richardson helps us take a look at what makes a good (and a bad) fan-driven business in the food industry.
Play Ball! Inflation, Value & SNCKRmetrics at the Ballpark
Sixty to seventy percent of what is sold at the American ball park is standard stadium fare – hot dogs, peanuts, pretzels, and beer. In a year of inflation and supply chain havoc, can fans still afford the bare necessities for a day at the park?
FI Live Replay – Natural Products Expo West 2023 Recap: Key Themes and Takeaways
FI Fast Break audio news: March 8, 2023
The latest FI news podcast notes that major restaurant chains are reducing menu options to prepare for tough financial times.
FI Newscast (March 3, 2023) – Featuring Hunter Thurman, Alpha-Diver
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 Hunter Thurman, President of Alpha-Diver – one …
CPG Industry: Key Themes and 2023 Outlook
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FI Live Replay – From Concept to Commercialization: Scaling Your Brand
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 …
FI Newscast (Feb. 24, 2023) – Featuring Uday Ahuja, RSE Ventures
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 …
COLUMN: Let’s Learn from the Demise of Freshly
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 …
Analysis: ‘Value’ Food Manufacturers Positioned Well for Recession
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 …
CEO: Grocers Benefit from Sharing Key Data with CPG Partners
Both grocers and their CPG partners are feeling the impact of an uncertain economy and sharing data can be mutually beneficial.
What’s Ahead in 2023?
Does the Restaurant CPG Trend Have Staying Power?
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 …
FI Live Replay: Hitting The Flavor Bullseye with Alison Cayne
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 …
Whole Foods Top Trends Highlight Brands on a Mission
What are Whole Foods top trends for food in 2023? Brands with a mission ranked highly in this year’s report.
Survey: Purpose-led Brands See Far Higher Revenue Growth than Incumbents
A new survey shows the value that having a clear sustainability mission can have for purpose-led brands in the CPG space.
COLUMN: Honest Tea and the Challenge of Scaling New Brands at Public Companies
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. …
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.