Tag: Food Service
FI Newscast (April 07, 2023) – Featuring Jennifer Bartashus, Bloomberg Intelligence
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 Jennifer Bartashus, Senior Analyst of Bloomberg Intelligence. …
FI Newscast (March 31, 2023) – Featuring Kelly Springer, Kelly’s
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 Kelly Springer, CEO of Kelly’s Choice. Produced …
Q&A: Nestlé Targets Plant-Based at University Dining Halls
The success of plant-based in food service will come down to making foods “attractive and craveable so that they are the choice and not the compromise to a meal experience,” according to one Nestlé executive.
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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, …
Food and Beverage Manufacturers Going Green with Spirulina
In 1974, the United Nations hailed the blue-green microalgae spirulina as possibly the “best food for the future.” Nearly half a century later, food and beverage manufacturers appear to be catching on. The spirulina market …
Analysis: Mobile’s Potential Impact on the Future of Dining
Our smartphones have impacted just about every element of life and dining out is no exception. From QR code menus to online ordering and reviews, consumers have grown accustomed to mobile components attached to restaurants. …
Q&A: Plant-Based Menu Innovations Gen Z Students Love
Colleges and universities are on the frontline of plant-based foodservice innovation as they cater to the Gen Z students who will help shape the future of menus. For additional insights, The Food Institute spoke with …
Convenience Store ‘Grab-and-Go’ a Growing Meal Option
The convenience store long has been a place where one could grab a quick slushy on the way home from school or a bag of chips on the road. But a funny thing has happened: …
Analysis: How Papa Johns is Accelerating Growth
Pizza chain Papa Johns has mounted a charge during the pandemic, leading to plans to open as many as 1,800 new locations worldwide by 2025. “Our outlook for developing new stores and introducing more customers …
Bloomberg Boosts 10-Year Plant-Based Market Forecast to $166 Billion
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 …
Report: 40% of Consumers Buying Plant-Based Foods
Nearly half of consumers are buying plant-based products in 2022. A new report from Acosta found that 40 percent of consumers surveyed in March purchased plant-based protein and/or dairy alternatives within the last six months, …
Food & Beverage Industry M&A: What to Expect in 2022
State of the Restaurant Industry: Tech Triggering Optimism
Just 2% of restaurants reported an increase in sales in December. Yet, a survey by TD Bank found 81% of restaurant operators are nevertheless optimistic about the future. Restaurant operators are faced with several challenges …
Omicron Wreaks Havoc on Workforce
The COVID-19 omicron variant is impacting every corner of the food industry. Case in point: the 2022 Annual Meat Conference, scheduled for February 7-9 in Washington, D.C., has been canceled. The North American Meat Institute …
Latest Issue Amid Great Resignation: Businesses Considering ‘Boomerang’ Hires
The so-called Great Resignation is only picking up speed, it seems. LinkedIn data show millions of baby boomers are retiring early, and millions of Gen Z workers in their 20s are quitting and re-evaluating life …
TikTok Feels Timing’s Right to Enter Virtual Restaurant Space
Get ready to hear the term “TikTok Kitchen” early and relatively often in 2022. The video-sharing social media platform – which has more than 1 billion monthly users – recently announced a partnership with Virtual …
Plant-Based Alternatives Push Further into Fast-Food
Plant-based offerings continue to expand across restaurant menus, as major players like Impossible Foods and Beyond Meat broaden their partnerships with fast-food chains. McDonald’s recently announced plans for a major U.S. expansion of its plant-based …
Is the Fast-Food Industry Ripe for Unionization?
Multiple Starbucks locations have examined unionizing of late, which begs the question: Is this a harbinger of things to come in the fast-food industry? Fast-food workers have pushed for a $15 minimum wage, and the …
Industry Consultant: Sustainability, Keto Diet are Trends to Watch in 2022
Joseph Chen envisions another challenging year for the food industry in 2022. That said, he also sees a few reasons for optimism. “Food shortages and higher prices will be expected, due to supply chain challenges …
With Strikes Mounting, Has Labor Reached an Inflection Point?
If the recent spate of labor unrest and the massive wave of resignations are any indication, workers are mad as hell and not going to take it anymore, to quote “Network” anchorman Howard Beale. More …
WATCH: Chip City Brand Highlights Benefits of Owning Supply Chain
Chip City launched just four years ago, under less-than-ideal circumstances. The cookie-and-coffee chain’s CEO, Peter Phillips, had a background in construction and was largely unfamiliar with the food industry. The company started with a mere …
COVID-19 May Have Changed Restaurant Dining Forever
The latest National Restaurant Association overview of the industry indicates the pandemic may have changed dining forever, and experts say many of the changes implemented as a survival tool are here to stay. “These external …
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Analysts: Comfort Food Popularity Should Continue Post-Pandemic
Stress and uncertainty cause people to seek out comfort rather than challenge. And, with 2020 presenting so many challenges, it’s no wonder that the “comfort economy” is booming. Trends in sectors ranging from technology to …
FI Fast Break: May 20, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down restaurants’ labor shortage, mask mandates, and the plant-based protein market. The Food Institute Podcast · FI Fast Break News – May 20, …
Mall Food Courts Thrive, While Apparel Sales Slump
Food Institute Focus – Mall Food Courts Thrive, While Apparel Sales Slump
Convenient, Healthy and Ethical Foods Top College Students’ Desires
College students tend to exhibit the traits associated with Millennials, but to an extreme. They are more likely to start their day later, try unique and foreign cuisines, snack throughout the day and put an …