Tag: sustainability

Study: Gen Z Flocking to Fast-Casual Restaurants

These days, members of Gen Z are flocking to quick-service restaurants. In the 12 months ending July 2022, Gen Z consumers made 5 billion total restaurant visits, and 4.3 billion of those visits were to …

What’s Up With Upcycling

It’s become a $53 billion dollar market, and it’s growing. With more than half of consumers concerned with food waste, food upcycling is no longer just a niche trend. But what, exactly, is it? How …

FI Fast Break audio news: July 13, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine food companies’ sustainability initiatives, growing economic pessimism, and more. The Food Institute Podcast · FI Fast Break News – July 13, 2022 The …

Report: Modern Consumers Snacking with a Purpose

Earlier in the pandemic, snacking complemented remote work and supplemented restaurant dining and continues to replace meals with added bonuses. This year, Grubhub’s infamous lunch promotion was prompted by 69% of New Yorkers surveyed saying …

Unpacking the World’s First Plant-Based ETF

In December 2021, the VegTech Plant-based Innovation & Climate Exchange-traded Fund (NYSE ticker: EATV) made history as the world’s first plant-based ETF. VegTech Invest CEO Elysabeth Alfano recently joined The Food Institute Podcast to discuss …

Food Businesses Step Up Sustainability Efforts

For Earth Day, The Food Institute takes a closer look at recent industry efforts to meet the growing sustainability expectations of consumers. RETAILERS Sam’s Club recently revealed new sustainability efforts for its Member’s Mark private-label …

The Rise of Food Packaging Sustainability

From antiquity’s gourd shells to modernity’s plastic soda bottles, humanity has created numerous ways to store food and beverages. In 2022, consumers are on the lookout for the most sustainable food containers possible. The Freedonia …

7 Ways CPG Companies Accelerated Growth in 2021

In a recent IRI webinar on consumer packaged goods (CPG) company performance in 2021, senior leaders from three of the category’s top performing companies — Michael Del Pozzo from PepsiCo, Gary Osifchin from Reckitt, and …

5 Takeaways From Natural Products Expo West 2022

ANAHEIM, Calif. – Natural Products Expo West 2022 was a welcome moment of normalcy for the food industry. The Anaheim Convention Center buzzed with an energy that hadn’t been felt since 2019 – when the …

Analysis: Why the ‘Regenuary’ Movement is Taking Root

By now, you’re likely familiar with Veganuary, which promotes adopting a vegan lifestyle throughout the month of January. In 2022, though, the so-called Regenuary movement is also taking root. Regenuary is a sustainable eating movement …

Trend to Watch in 2022: Greener Packaging

As consumers become more focused on environmental issues, one company is betting $600 million that paper can become the new plastic. Graphic Packaging Holding Co. is launching a plant in Kalamazoo, Michigan, to recycle cardboard …

FI Small Bites: Coffee-less Coffee

Would you be willing to try a cup of coffee that had no coffee in it? Nope, it’s not a typo, this is real. Some companies are working on – and already have come up …

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2021 Food Labeling Summit

How Misfits Market Doubled its Valuation Overnight

Online grocer Misfits Market Inc. nearly doubled its valuation in just five months, making it a unicorn twice over. The direct-to-consumer e-commerce platform buys so-called “ugly” produce from farmers that cannot be sold to stores for aesthetic reasons …

PREVIEW FOCUS: America’s Growing Food Waste Problem

Food waste has become a significant issue around the world, but nowhere more so than in America. In fact, about $161 billion of food is wasted in the U.S. every year, per Rubicon research. In …

Study: Compostable Packaging Matches Shelf Life of Plastic

As more food companies prioritize ESG initiatives, the use of compostable packaging continues to gain traction as an earth-friendly alternative to plastic. In the first half of 2021, major players like Chipotle, Taco Bell, and …

Update: Major Food Companies Ramping up ESG Efforts

With ESG topics becoming increasingly important to consumers, food companies are noticeably increasing their efforts. Below are a few recent examples of new ESG initiatives in the industry. MCCORMICK ADVANCES SUSTAINABILITY STANDARD McCormick & Company …

Insect Protein Has Investors Intrigued

Environmental activists point to issues like Amazon deforestation to suggest Earth is running out of agricultural real estate. Making matters worse, the United Nations predicts that, within three decades, the world’s population will reach nearly …

A Glimpse at the Future of Data Driven Retailing

On countless occasions during her career, Kerrie Lopez wished she had analytics to back up an idea. That said, Lopez, the head of merchandising marketing with Thrive Market, is careful not to rely on analytics …

Chipotle Leading Sustainable Packaging Trend

Chipotle’s half-decade commitment to sustainability largely serves as a blueprint for the foodservice segment. In 2018, Chipotle announced that, by the year 2020, the fast-casual chain aimed to divert half of all of its restaurant …

UPDATE: Cell-Cultured Seafood Gaining Support

Would you eat lab-grown lobster? Cell-cultured seafood — protein produced directly from fish cells in nutrient-dense bioreactors — is getting ever closer to consumer’s plates. Investments in alt-seafood startups have seen an uptick over the …