FI Fast Break audio news: April 24, 2024
The latest Food Institute news podcast touches on the potential impact of a TikTok ban on the food and beverage industry.
Tag: Pepsi
PepsiCo Execs Express Optimism in Earnings Call
PepsiCo’s latest earnings call revealed net revenue of $91.5 billion for the fiscal year and $27.9 billion in Q4.
Rock the Block(chain): NFTs in Food and Beverage
The heck is an NFT? Their precursors in the ‘90s were called pogs – often cheap and of limited variety for the average consumer, easily tradable and without much long-term staying power. Non-fungible tokens (NFTs) …
Conservation Could Soon Take Center Stage for Many F&B Companies
Food and beverage companies are finding water and energy conservation practices are not only good for the planet, but good for the bottom line. Intense drought is making finding fresh water more difficult while Russia’s …
Survey: Tracking Gen Z Food Preferences
Here are key stats on what, and where, Gen Z is eating these days, according to Piper Sandler’s Fall Taking Stock with Teens survey.
The Keys to Marketing to Gen Z Consumers
Which brands are most popular among Gen Z? That question was examined in depth in a recent Morning Consult report. And, included among social media brands like TikTok and gaming entities like Twitch, plenty of …
PepsiCo’s Celsius Pact Signals Shift as Soda Fizzles
PepsiCo has taken another step to grow its share of the energy drink market by taking a stake in Celsius.
Canned Cocktails Seen Growing on Convenience, Health Halo
Coca-Cola is teaming up with Jack Daniel’s distiller Brown-Forman to make a Jack-and-Coke cocktail in a can. The mashup is the latest development in the rapidly growing canned cocktail segment. In fact, the ready-to-drink cocktail …
What Pepsi’s Bold Move Says About the Future of Advertising
Pepsi will no longer sponsor the Super Bowl halftime show. The company said in a statement that the decision is part of a “larger strategic shift to bring unprecedented music and entertainment experiences” to people …
Will New Hemp-Infused Drink be a Trendsetter Among Big Brands?
These days, non-alcoholic beverage manufacturers, like PepsiCo and Coke, are seeking to expand their production amid shrinking soda consumption. And, taking that strategy a step further, Pepsi is now hoping to attract younger female consumers …
Consumer Purchasing Behavior Appears to Be Unchanged Despite Inflation Woes
Inflation is still a major concern for consumers, but it’s not stopping them from spending. INFLATION A CONCERN FOR 9 OF 10 AMERICANS Almost 90 percent of all adults in the U.S. are concerned about …
Report: Coconut Water Market on Verge of Uptick
Touted as “nature’s sports drink”, coconut water rose to popularity about 10 years ago and has now become a staple in grocery stores and households. Vita Coco, widely viewed as the leading coconut water brand, …
Growth of Functional Beverage Market Signals Shift Towards Health
Global research firm Mintel predicts strong growth in the functional beverage market as consumers seek out products that enhance their mental and emotional well-being, reported Supermarket News (July 9). WHAT IS DRIVING DEMAND? The Food Institute …
Functional Beverage Trend Highlighted by Latest PepsiCo Launches
With the launch of several new health-focused products, PepsiCo appears to be pivoting from just soda and capitalizing on the burgeoning functional beverage trend. The company has developed an innovation process that allows it to …
Direct-to-Consumer Model Picks Up Speed
As consumers largely continue to stay home during the COVID-19 pandemic, several food brands have shifted to a direct-to-consumer (DTC) model. Bimbo Bakeries USA was one such brand who recently launched a DTC platform. And, …
Major Brands Sack Super Bowl Ads as Upstarts Kick Off for First Time
Some upstart brands that saw strong sales in 2020 will keep the momentum going by airing Super Bowl advertisements for the very first time. Other, more established brands are directing traditional ad budgets for the …
PepsiCo Expands Energy Portfolio
Food Institute Focus – PepsiCo Expand’s Energy Portfolio