Tag: food inflation

The Scary Truth: Inflation Impacting Halloween Plans

This fall, candy manufacturers are faced with a frightening reality: many shoppers are planning to ease back on Halloween-related purchases. A new Halloween Spending Trends report revealed 73% of Americans said their shopping for the …

Food Inflation Outlook: 2023 and Beyond

The lingering effects of rampant inflation and the specter of a possible recession are impacting consumers and companies across the board, and the food space is no different. Increased costs across the value chain are ...

IRI: Creating Revenue Opportunities Amid Inflation

With the U.S. inflation rate at an elevated 8.7% for July 2022, consumers, manufacturers and retailers alike must remain agile to adapt to ongoing economic pressures. “The past few years of COVID-19 have brought enormous …

FI Fast Break audio news: July 20, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we update worsening drought conditions in the U.S. and Europe. The Food Institute Podcast · FI Fast Break News – July 20, 2022 The FI …

FI Fast Break audio news: July 13, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine food companies’ sustainability initiatives, growing economic pessimism, and more. The Food Institute Podcast · FI Fast Break News – July 13, 2022 The …

FI Fast Break audio news: July 6, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the restaurant industry’s evolution, the growth of frozen breakfast foods, and more. The Food Institute Podcast · FI Fast Break News – July …

FI Fast Break audio news: June 29, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine inflation’s impact on small-business owners, and how much 4th of July cookouts could cost this year. The Food Institute Podcast · FI Fast …

FI Fast Break audio news: June 22, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the prospects of a looming recession, rising gas prices, and more. The Food Institute Podcast · FI Fast Break News – June 22, …

FI Fast Break audio news: June 15, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the growth of the specialty food market, and Coca-Cola’s unique new cocktail in a can. The Food Institute Podcast · FI Fast Break …

FI Fast Break audio news: June 8, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine inflation’s global impact, and Smucker’s costly recall. The Food Institute Podcast · FI Fast Break News – June 8, 2022 The FI Fast …

FI Fast Break audio news: June 1, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine how supermarkets are fighting inflation, the industry’s increased automation, and more. The Food Institute Podcast · FI Fast Break News – June 1, …

FI Fast Break audio news: May 25, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine Mexican cuisine’s popularity growth and Arby’s bold menu addition. The Food Institute Podcast · FI Fast Break News – May 25, 2022 The …

FI Fast Break audio news: May 18, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the struggles of many ghost kitchens and update the baby formula shortage. The Food Institute Podcast · FI Fast Break News – May …

FI Fast Break audio news: May 10, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine just how long the Great Resignation might last. The Food Institute Podcast · FI Fast Break News – May 10, 2022 The FI …

FI Fast Break audio news: May 4, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine: weakening consumer confidence, a surge in America’s snacking, and more. The Food Institute Podcast · FI Fast Break News – May 4, 2022 …

FI Fast Break audio news: April 27, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine: the prospects of an economic recession, the Great Regret labor trend, and more. The Food Institute Podcast · FI Fast Break News – …

3 Strategies for CPG Success During a Recession

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 …

FI Fast Break audio news: April 27, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine: the prospects of an economic recession, the Great Regret labor trend, and more. The Food Institute Podcast · FI Fast Break News – …

When Will Perfect Storm of Food Inflation Subside?

Call it a perfect storm: COVID led to labor shortages and supply chain issues and to fuel shortages, all of which contributed to inflation. Factor in Russia’s invasion of Ukraine and unpredictable weather, and food …

FI Fast Break audio news: April 13, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the expansion plans of both Beyond Meat and ADM. The Food Institute Podcast · FI Fast Break News – April 13, 2022 The …

FI Fast Break audio news: April 6, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the keys to winning over inflation-weary shoppers and more. The Food Institute Podcast · FI Fast Break News – April 6, 2022 The …

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Report: Groceries Becoming an E-Commerce Force

Online grocery shopping is reshaping e-commerce and is expected to become the top category this year, Adobe Analytics recently reported. “E-commerce is being reshaped by grocery shopping, a category with minimal discounting compared to legacy …

The Toll of Rising Inflation and Gas Prices for Consumers

The one-two punch of soaring inflation and record-breaking gasoline prices is likely to have an increasingly painful impact on consumers. In fact, the Labor Department reported Thursday that the Consumer Price Index, or CPI — …

Why Are Private Label Products Not Thriving Amidst Inflation?

Shoppers have historically gravitated to store brands when economic times get tough. But despite record-high prices, private label food and beverage sales continue to dip below their national counterparts at retail. Overall, store brand dollar …

Experts Weigh In on 2022 Inflation Outlook

With food more expensive than it has been in decades and inflation surging, business owners and consumers alike are worried about what the future holds. How high can prices go? When will inflation starts to ...

U.S. Median Household Income Drops in 2020

The economic impacts of the pandemic took a significant toll on the financial stability of American households last year. U.S. median household income fell 2.9% to $67,500 between 2019 and 2020, according to new data from the …