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 …
As Americans grow ever more enamored with alternatives to milk, cream and other dairy-based items, Nestlé USA has decided to make a major investment in the sector with a $675 million beverage facility in Glendale, …
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 …
Consumers think grocery stores have a lot more work to do on sustainability, according to a recent survey from Retail Insight. More than half of respondents said grocery stores must improve their sustainability claims and …
The definition of what a snack can be is broadening, and so is the role snacks play in consumers’ lives, according to Mondelēz International’s State of Snacking 2021 study. Seventy-nine percent of global consumers say …
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 …
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 …
Joseph Chen envisions another challenging year for the food industry in 2022. That said, he also sees a few reasons for optimism. “Food shortages and higher prices will be expected, due to supply chain challenges …
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 …
In recent years, the uptick in consumer demand for purpose-driven brands has been profound, and food and beverage companies are no exception to the rule. “Consumers under 35 want companies to be a force for …
The global market for edible insects is projected to surpass $1.5 billion by year’s end, and the Food and Agriculture Organization of the United Nations notes that insects currently supplement the diets of approximately two …
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 …
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 …
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 …
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 …
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 …
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 …
Today’s corporate leaders have a much different perspective on business than the CEOs of generations past. Gone is the mentality of profits at all costs and a general disdain for anything that cuts into the …
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 …
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 …
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 …
As sustainable practices become increasingly important to today’s consumers, food brands are making their environmental goals and initiatives clear. In honor of Earth Day, here’s a closer look at companies taking steps to become more …
Food is Gen Z’s No. 1 wallet priority at 23%, according to Piper Sandler’s annual Taking Stock with Teens survey. The survey highlights discretionary spending trends and brand preferences from 7,000 teens across 47 U.S. …
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 …
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 …
Kellogg plans to shift its manufacturing electricity sources to over 50% wind energy globally by the end of 2022. The ambitious goal speaks to growing social and environmental concerns within the food industry. The company signed a long-term …
A mentoring session from nearly six months ago still sticks in the mind of Talita Ramos Erickson. When speaking with a recent business school graduate, Ramos Erickson was informed the fledgling professional wouldn’t even consider …
Historically, Environmental, Social and Governance (ESG) factors have taken a back seat to financial performance in the corporate world. And in the interest of performance measurement, companies have often made short-term profit decisions at the …
Major food companies are increasingly placing importance on Environmental, Social, and Governance (ESG) practices. Corporations like Nestle, Danone, and McDonald’s have found that ESG initiatives are necessary to meet the demands of today’s consumers. Nestle, …
The plant-based protein trend continued to gather momentum this week, when Beyond Meat and PepsiCo announced a joint venture to sell snacks and drinks made from plant-based protein. A WIN-WIN FOR TWO MAJOR PLAYERS The …
An estimated one-third of all the food produced in the world goes to waste, likely enough calories to feed every undernourished person on the planet. But wasted food isn’t just about food insecurity. It’s also …
Several major food companies have recently announced new better-for-the-planet initiatives. Nestle Nestle will invest $3.6 billion over the next five years in an effort to fight climate change and plans to halve its carbon emissions …
Have you heard of carbon-labeled menus? Sandra Noonan, chief sustainability officer at Just Salad, joined the Food Institute Podcast to discuss her company’s decision to launch carbon-labeled menus and the ethos behind the move, and …
