What’s Driving Beyond Meat’s Slide?

What’s going on at Beyond Meat? A week ago, the company’s stock price fell 12% after it warned that third-quarter revenue should come in at $106 million—far lower than its prior outlook and the nearly …

Whole Foods Unveils Top 10 Food Trends for 2022

Whole Foods Market’s Trends Council unveiled its seventh annual top 10 anticipated food trends for 2022. “Last year, we saw tremendous pandemic-related shifts in grocery buying habits as the world adjusted to spending more time …

BREAKING: McDonald’s to Trial Plant-Based Burger in U.S.

McDonald’s will test the McPlant burger in partnership with Beyond Meat in eight U.S. locations next month. Beginning November 3, customers in Irving, Texas; Carrollton, Texas; Cedar Falls, Iowa; Jennings, Louisiana; Lake Charles, Louisiana; El …

Report: Plant-based Menu Items Skyrocketing at U.S. Restaurants

With what seems like a new plant-based development each week, it’s no surprise that meat alternatives are now a $14 billion market, according to Tastewise’s new Q3 Market Report: Alternative Proteins. The Food Institute reviewed …

Analyst: Plant-Based Food to See Massive Growth in Next Decade

Just when it seems like plant-based food couldn’t get any bigger, the industry is now predicted to grow fivefold by 2030. The global plant-based alternatives market could grow to $162 billion in the next decade, …

POULTRY UPDATE: Thanksgiving Turkeys Could Be in Short Supply

The latest industry to be impacted by supply constraints is poultry. LABOR AND SUPPLY ISSUES THREATEN HOLIDAY TURKEY AVAILABILITY A broker for Shady Brook Farms, one of the nation’s largest turkey suppliers, said in a …

Assessing the Mounting War on Meat

While climate and animal welfare advocates are encouraging less meat consumption, consumer demand continues to rise. With that, some are going on the offensive through legislative efforts. And the battle, it seems, will likely continue …

Meat Prices Continue to Rise After Pandemic Push

Inflation is affecting prices across the food continuum, and meat is no exception. Meat prices were up in the first two quarters of the year when compared to both 2020 and 2019, according to analysis …

USDA Taking Steps to Boost Meat and Poultry Market Competitiveness

To address concerns about competition in the U.S. ranching and farming system, USDA will allocate $500 million to expand meat and poultry processing capacity across the nation. The agency said the move was “one of …

Little Caesars Launches Plant-Based Pepperoni Pizzas

The latest plant-based foodservice offering? Planteroni Pizza from Little Caesars. The pizza chain is now offering pizza made with Field Roast’s Plant-Based Pepperoni at many of its stores across the U.S., making it the first …

Food Industry in the Spotlight as Fourth of July Celebrations Return

Two-thirds of Americans plan to return to normal Independence Day celebrations this weekend, according to Numerator. So, as pandemic restrictions ease and Americans resume their Fourth of July traditions, The Food Institute takes a closer …

Despite the Rise of Plant-Based Alternatives, Meat Department Sales Up 19% in 2020

Despite the rise of plant-based alternatives last year, meat department sales reached $82.5 billion in 2020, an increase of 19.2%, according to the 2021 Power of Meat report from FMI and the Foundation for Meat …

Cell-Cultured Meat Looks to Go Mainstream

Israeli startup Future Meat Technologies Ltd. is in talks with U.S. regulators to start offering its cell-based meat products in restaurants by the end of next year. THE WORLD’S FIRST INDUSTRIAL CULTURED MEAT PRODUCTION FACILITY …

U.S. Meat Processing Update: As Industry Faces Oversight, Sanderson Explores Sale

As demand for chicken products rises, and the meat industry addresses anti-competitive behavior, Sanderson Farms Inc. is reportedly exploring a sale. POSSIBLE SANDERSON SALE Sanderson Farms tapped Centerview Partners for advice on its potential sale …

UPDATE: JBS Poised to Reopen Following Cyber Attack

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 …

JBS Cyber Attack Signals Threat to Global Food Supply 

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 …

Restaurants Can Differentiate Themselves and Grow with Plant Based Foods

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 …

Plenty of Room for Growth in Plant-Based Space

While Oatly may be making waves for its proposed $10 billion IPO, competition in the space continues to heat up as new competitors expand their product ranges. Meanwhile, the health benefits of these products continue …

Consumers Are Gearing Up for BBQ Season and Prioritizing Health

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 …

Beyond Meat Adding Faux Chicken as Alt-Protein Trend Gathers Steam

With each passing day, we’re seeing an abundance of new alt-meat products in 2021. Just within the past few days, Nathan’s Famous revealed it will launch plant-based Meatless Farm hot dogs, while Buona Beef unveiled …

“All for One, and One for All”

To weather the COVID-19 pandemic, D’Artagnan embraced the words of its inspiration: “all for one, and one for all.” D’Artagnan Founder Ariane Daguin joined the Food Institute Podcast to discuss the ethos behind her specialty …

Big Meat Buying Up Competition, Expanding into Plant-Based Space

The world’s largest meatpacker is looking to appeal to those who want to eat less meat. Brazil’s JBS will buy Dutch vegetable-based protein company Vivera for $408.1 million, reported Reuters (April 19). Vivera includes a …

Once a Fringe Movement, Veganism Goes Mainstream

A vegan diet is essentially the strictest form of vegetarianism. That is, in addition to avoiding animal flesh, vegans also cut out dairy, eggs and animal-derived ingredients, such as gelatin whey and casein. And as …

Beef and Pork Consumption Rises as Consumers Go with What They Know

The Food Industry Association and the Meat Institute Foundation reported that grocery store meat sales increased by 20% last year, with three-quarters of consumers saying meat belongs in a healthy diet. “All protein sales at …

Report: Impossible Foods Planning Eye-Opening, $10B Public Listing

Impossible Foods is reportedly planning for a $10 billion public listing within the next year, either through an IPO or a SPAC. The valuation would be substantially higher than the $4 billion the company was worth …

Lamb: The Latest Meat in High Demand

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% …

Tofurky Case Stoking Alt-Meat Labeling Debate

A federal appellate court has ruled a state law that prohibits companies from marketing alternative protein products as meat does not violate free speech rights, but it begs the question of whether consumers really would …

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 …

JBS SA Beats Earnings Estimates, Looks to Expand

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 …

MeatOut Day in Colorado Sparks Debate

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 …

Does America Have an Overreliance on Major Meat Companies?

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 …

Rising Costs Pushing Meat Producer Prices Higher

The world will soon pay more for meat as food inflation deepens. Livestock farmers are getting hit with the highest corn and soybean prices in seven years, raising the cost of feeding their herds by …

Did the Meat Industry Do Enough to Protect Workers from COVID?

About 270 workers have died in meatpacking plants since the COVID-19 pandemic began, and research from the CDC suggests plants at times served as transmitters to spread the virus in surrounding communities. Cold temperatures, cramped …

Impossible Foods Cuts Wholesale Prices to Better Compete with Traditional Ground Beef

Impossible Foods is cutting foodservice distributor prices for the second time in a year as part of its push to better compete with traditional ground beef. The maker of soy-based meat alternatives is dropping prices …

Food Industry Groups Want Priority Vaccinations for Workers

With limited quantities of the COVID-19 vaccine available, many groups a seeking priority for their employees—including the food industry. Administration of the vaccine began on Dec. 14 in the U.S. with early doses being set …

Trade Groups Seek Priority COVID-19 Vaccine Access for Meat Workers

Three leading meat-industry trade groups are asking U.S. governors to prioritize COVID-19 vaccine access for meat workers, reported Winsight Grocery Business (Dec. 9). The North American Meat Institute, the National Cattlemen’s Beef Association, and the …