Shef has raised $20 million to expand its homemade meal delivery marketplace. The company helps home chefs connect with customers by handling orders and getting the food delivered, reported TechCrunch (June 2). Back in 2019, …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: inflation analysis, earnings from Campbell Soup Company (CPB), Chewy, Inc. (CHWY), and more. …
While plant-based meat and dairy markets are saturated with options, vegan egg substitutes have been somewhat limited – until now. Growth of plant-based eggs According to a report by The Plant-Based Foods Association, U.S. plant-based …
The pandemic has forever changed the foodservice industry, especially how suppliers acquire and develop customers. And it’s a long time coming for an industry used to massive trade shows, guided cuttings and golf outings for …
These days, the prices of multiple commodities are liable to inspire a double take. Here’s a look the commodities with the most noteworthy price spikes of late. LOBSTER Ahead of Memorial Day weekend, it was …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: employment, earnings from The J. M. Smucker Company (SJM) and more. Is America …
Ever had the odd feeling that something you buy regularly doesn’t look quite right? It’s more than the new colors on the label or a new shape. The price is the same, but … You’re …
Influencer marketing has grown rapidly in recent years, and marketers are leveraging social media influencers to increase brand awareness. While the word “influencer” has been buzzing in the social media marketing world for years, there’s …
JBS has made “significant progress” in resolving the cyberattack that hit its global operations and will have the vast majority of its plants operational today, reported Bloomberg (June 2). “Our systems are coming back online …
Food delivery services like DoorDash and Uber Eats became an essential service during the pandemic, when consumers were mostly confined to home and restaurants were closed to indoor patrons. But now that life is returning …
There’s a new wrinkle in the restaurant experience – and a new revenue stream: direct-to-consumer products featured on menus. The overall idea is not new. Lawry’s Prime Rib began marketing its signature seasoned salt in …
Cargill is backing “masks” for cows in an effort to reduce greenhouse gas emissions. Yes, you read that correctly. The mask-like device was developed by Zelp Ltd., which claims it can reduce methane emissions by more than …
Major meat producer JBS SA is grappling with a recent cybersecurity attack which affected servers supporting the company’s IT systems in North America and Australia. The attack disrupted two shifts and halted processing at one of Canada’s largest meatpacking plants, reported Bloomberg (May …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: food inflation, earnings from Cracker Barrel (CBRL), Sanderson Farms (SAFM), Costco (COST) and …
The modern concept of vertical farming was put forth in 1999 by Columbia University microbiologist Dickson Despommier, who along with his students, came up with a design of a skyscraper farm that could feed 50,000 people. …
Consumers are clearly eager to get out and spend after being cooped up at home for over a year, but as costs continue to rise, how much they’re willing to buy is limited. BOOSTED SPENDING …
Nearly $1.9 billion of global venture capital was invested in indoor farming in 2020, nearly tripling over 2019, according to PitchBook data. With those figures in mind, here is a look into some recent developments: …
The organic food and beverage market hit a high note in 2020, with record-breaking sales climbing 12.4% to nearly $61.9 billion in the U.S, according to a recent survey by the Organic Trade Association (OTA). …
As U.S. consumers return to restaurants, operators should embrace plant-based foods to differentiate themselves and boost business in the new world of post-pandemic foodservice. A webinar sponsored by DMA (Distribution Market Advantage) and presented by …
The start of the return to normalcy has created problems for restaurants, bars and other venues with demand outstripping supplies and creating shortages of a variety of foods and other commodities. Couple that with difficulty …
Since the beginning of the year, foot traffic to U.S. food and beverage establishments is up 41 percent, according to Zenreach data. And with the weather getting nicer, vaccinations on the rise, and dining limitations slowly being lifted, restaurant traffic continues to soar. Restaurant …
For those looking to cut back on sugar, options used to be limited—and, often, not very tasty. In 2021, however, health-conscious consumers suddenly have a plethora of low-sugar items to choose from, whether it’s candy …
In the Fall and Winter of 2020, the market witnessed several high-profile CPG acquisitions by strategic multinational CPG players. I want to contrast two cases that live on extreme ends of the typical continuum of …
If you walk into any cafe or ice cream shop today, you’ll most likely see a few dairy alternative products: almond milk smoothies, soy milk shakes, and oat milk creamers just to name a few. …
CBD continues to be a bright light in the food and beverage industry. However, growth has leveled off from its stellar 2019 gains on a combination of the FDA’s reluctance to approve its usage and …
All types of businesses, including those in the agriculture sector, were left breathing a sigh of relief last weekend, after a major backlog of barges was cleared on the Mississippi River. A traffic jam on …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: CPI, PPI, small business optimism, Tyson Foods, Inc. (TSN), Aramark (ARMK), Utz Brands, …
Matt Thomas didn’t found his company, Brew Dr., thinking he would someday sell kombucha that’s infused with hemp derived CBD. In fact, in 2021, CBD-infused products still only make up roughly one-tenth of 1% of …
In preparation for the summer and warmer weather, consumers are spending big on barbecue supplies. Consumers increased purchases of barbecue-related consumer packaged goods products in April, according to NCSolutions. Nearly all barbecue categories grew faster …
Eighty-five million Americans are impacted by food allergies and intolerances, according to Food Allergy Research and Education (FARE), an organization engaged in food allergy advocacy. These days, an increasingly common allergy relates to gluten. Celiac …
Better-for-you trends continue to shake up the dairy case with an expanding selection of plant-based alternatives in milk, yogurt and, more recently, ice cream. And then there’s pudding, a sleepy category with relatively untapped health …
Kerry Group recently released its 2021 Taste Trends report, highlighting food and beverage trends that are gaining traction in several regions worldwide. The annual report aims to highlight the key ingredients and tastes currently influencing …
The Health & Wellness movement has made great strides over the past few years. And, the trend only intensified during the pandemic, although indulgent eating was a contradictory development for many consumers. CPG companies are …
Public health experts have warned that stopping COVID-19 – or at least mitigating its severity and rapid spread – will not mean the world is safe; rather, it’s just a matter of time before the …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: PPP, Restaurant Revitalization Fund, lumber shortage and inflation, hiring recovery, inflation in Brazil, …
