Food Producers, WIC Officers Recalibrate Offerings as Food Insecurity Hobbles Consumer Spending

Across the US, inflation-weary consumers continue to push back on years of price hikes, cooking from home or simply buying less to save more.

Analysis: Ozempic Likely to Impact Snack Manufacturers’ Bottom Line

The recent rise of Ozempic and other weight-loss drugs started with blowout results that drove shares of their manufacturers higher, then wound up cascading across seemingly disparate sectors. In 2023, Novo Nordisk, the manufacturer of …

The Consumer ‘Feels’ Behind the High-flying Feastables Brand

Let’s take a look at the consumer perceptions driving disruptive brands, like Feastables chocolate from MrBeast. Manufacturers are feeling pressure on both price and experience: Food and beverage manufacturers are feeling pressure from both store …

FI Fast Break audio news: Sept. 1, 2022

The latest Food Institute news podcast touches on the increasing candy bar shortage ahead of the Halloween season.

Halloween Havoc: Why Kit Kats Could Be Hard to Find This Fall

Hershey is in store for a Halloween nightmare of sorts, saying it won’t be able to meet consumer demand this October.

Food Brands Cut TV Advertising as Supply Chain Crisis Persists

Consumers may be seeing less food and retail advertisements on their TV screens this holiday season. Department stores, such as Macy’s and Nordstrom, spent 8% less on TV commercials from July 30 to October 30 …

Analysis: What’s Influencing Increased Candy Sales this Year

It appears many consumers have a sweet tooth ahead of Halloween 2021. The pre-Halloween candy buying period is drawing more consumers this year than ever before, according to Numerator’s Candy Tracker. Omnichannel seasonal candy sales …

Food Industry Employees Earned 46.8% Less than U.S. Average in 2020

The food industry took major hits throughout the pandemic. In the aftermath, internal and external wage disparities continue to exacerbate labor issues industrywide. In 2020, median food industry employee compensation was $33,392, down 0.7% year …

Millennial Brand Favorites Revealed in New Survey

Millennials’ favorite food and beverage brands in 2021 highlight a taste for convenience, comfort, and quality with a focus on affordability. The popularity of private labels and non-traditional retailer formats are also on the rise. …

Major Meat, Dairy Companies Behind in ESG Efforts, but Making Strides

Most the world’s largest meat and dairy companies haven’t made commitments to achieve net-zero emissions by 2050. Researchers from New York University noted in a recent study that the largest meat and dairy producers are …

Consumers Turn to Sweets During Pandemic

Sales of chocolate and candy increased during the pandemic as consumers look for products to boost their mood and lighten perspectives, according to data from the National Confectioners Association (NCA). Overall sales of chocolate and …

Snacks and Soda Sales Soar

Food Institute Focus – Snacks and Soda Sales Soar