Free is good, as any customer will tell you, and fast-casual restaurants are beginning to see the benefits of offering free (or virtually free) coffee to drive increased traffic and revenue. In February 2020, Panera …
While plant-based protein still makes up a small portion of the overall protein market, the segment has been gaining significant traction. The plant-based proteins market is expected to grow at a CAGR of 9.5% through …
Lamb sales are surging. While shoppers used to be wary due to its higher price tag, store sales of lamb jumped 28% year-over-year as of last month, according to Nielsen. Meanwhile, beef sales rose 25.6% …
Unilever plans to introduce carbon-footprint details for all 70,000 of its products and is researching best methods for gathering and presenting the information. A key motivator for the company is that brands perceived as sustainable …
Big foodmakers are taking advantage of a pandemic-driven rise in online shopping to track consumer analytics. “For a food brand it’s really no longer about who has the biggest factory, or who has the biggest …
Seafood mislabeling is rampant throughout the industry, accounting for as much as 55% of product sold in some countries with little regulatory framework in place to prevent the practices, an analysis by The Guardian indicated. …
Plant-based food and drink companies are tapping into rising consumer demand for animal product alternatives, including milk. In fact, sales of plant-based milks grew five percent in 2019, making up 14 percent of the entire milk category, according to …
New York and New Mexico are primed to join 15 other states in legalizing marijuana, which could have far-reaching implications for the food industry. NY & NM JOIN IN ON LEGALIZATION Shortly following legalization in …
Frozen food sales have been anything but icy of late. Frozen foods were among the fastest growing categories in grocery stores over the past year, according to the American Frozen Food Institute’s Power of Frozen …
A pair of cereal brands, General Mills’ Cinnamon Toast Crunch and Post’s Grape-Nuts, have been under the spotlight of late, by both the media and those on social media. Although their situations are different, both …
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 …
Sure avocados, legumes and blueberries are superfoods, but can they solve some of the world’s most pressing challenges like climate change and food waste? Seaweed, the Asian cuisine superfood ingredient that’s starting to gain traction …
While it may seem like some of your friends and family are a little over the top when it comes to lavishing their four-legged friends with top-shelf pet foods and specialty items, they’re actually part …
The world’s largest meat supplier, JBS SA, recorded fourth-quarter profits that spiked 65% from a year earlier. Sales were boosted by strong food sales in China and the U.S. and a sharp devaluation of Brazil’s …
Manufacturers of traditional dairy yogurts are increasingly selling and moving toward plant-based options. Here’s a look at all the industry trends that are rapidly reshaping the yogurt market. GENERAL MILLS General Mills recently announced that …
Saturday, March 20, was declared MeatOut day by Colorado’s governor, which prompted defiant gatherings supporting farmers in Colorado, Nebraska, and Wyoming. Colorado Gov. Jared Polis, a Democrat, pointed to the health and environmental benefits of …
Amid soil erosion, tens of millions of U.S. farmland acres lost to development, and global food demand rising upwards of 98% by 2050, there are serious concerns about how the agriculture industry will meet tomorrow’s …
Congested ports in the U.S. continue to cause major supply chain disruptions. The California ports of Los Angeles and Long Beach — which together handle more than a third of U.S. container imports — are …
Anheuser-Busch is boosting production of its latest hard seltzer offering after the beverage, developed alongside rapper Travis Scott, saw furious demand. The drink — called Cacti Agave Spiked Seltzer — launched earlier this week, reported CNBC …
Meat and poultry producers were among America’s hardest hit sectors earlier in the pandemic, impacting production of chicken, beef, and pork at the country’s largest producers. The shortages across the country displayed how reliance on …
With more states legalizing the use of marijuana, 2021 could be a big year for cannabis beverage and delivery companies. CANNABIS-INFUSED BEVERAGES GAINING TRACTION The global cannabis beverage market is estimated to grow at a CAGR of …
COVID-19 restrictions on parades, parties and pub crawls will likely dim the mood of many this St. Patrick’s Day. For the producers of no- and low-alcohol beverages, however, spirits remain high with a veritable pot …
Lately, U.S. farmers are shipping record volumes of crops and meats across the Pacific. A key factor at play: three years after the beginning of a trade war, China is reviving its trade relations with …
Throughout the pandemic, consumer packaged goods (CPG) companies benefitted from purchases of classic CPG items like canned vegetables, pasta, and coffee, as consumers stocked up during quarantine. However, as the country opens back up, CPG …
Global food prices are the highest they’ve been in six years, with the price of agricultural commodities traded on the global stage rising 50% since the middle of 2020, according to economists at Rabobank. Additionally, …
U.S. coffee processors are reporting significant cost increases in their operations, mostly related to transportation, and expect to raise retail prices soon. Mid-sized and smaller roasters have been hit hardest, but even larger companies say …
Today is International Women’s Day (IWD), a day created in 1911 to celebrate the achievements of women. These days, IWD is largely viewed as an opportunity to celebrate the accomplishments of women in areas such …
While the gap between food insecurity and food waste is significant, increased government, industry and community efforts can narrow the divide. But with global food demand projected to rise anywhere between 59% to 98% by 2050 …
Danone is being pressured on three fronts: nondairy substitutes are failing to compensate for a slowdown in yogurt consumption, demand for bottled water has wilted, and infant formula sales have weakened due to slowing birthrates. …
The latest USDA data shows that dairy farms are on the decline, while plant-based milk alternatives are growing in popularity. DAIRY FARM NUMBERS DECLINE USDA’s National Agricultural Statistics Service’s latest Milk Production report shows another …
Plant-based companies are finding a home in fast-food, as demand for meat-free options grows among consumers. About one-third of consumers said their consumption of various meat alternatives has increased over the past year, according to …
The combination of wanting to eat a healthier diet and reducing the greenhouse gas emissions driving climate change has led to a meteoric rise in meat alternatives. But while consumers are increasingly incorporating plant-based proteins …
An influx of imports, plus work forces being affected by the pandemic, are causing backlogs at major U.S. seafood ports leaving stranded containers of frozen fish on ships and docks. Freezers in key port cities …
Plant-based diets have grown in popularity in recent years, but new research indicates consumers still aren’t eating enough produce. DECLINING FRUIT AND VEGETABLE CONSUMPTION Research from the Produce for Better Health Foundation shows fruit and …
The U.S. could plant 92 million acres of corn, 90 million acres of soybeans, and 45 million acres of wheat in 2021, according to data presented at USDA’s Outlook Forum. That would represent an increase …
The food industry is one of many accelerating the use of special purpose acquisition companies. But with SPACs positioned to quadruple this year, are these companies poised to become the next Internet bubble or subprime …
