Tag: Technomic

Third-Party Delivery Apps Facing Uncertain Future

Third-party delivery firms are making headlines again. A growing number of investors, customers, and workers are fed up as the companies hemorrhage money and relentlessly chase growth— burning cash, customers, and vendors along the way …

Is Plant-Based Bacon Poised for a Breakout?

Replicating bacon has been no small task for alternative protein producers, but new innovations in flavor and texture are bringing plant-based options ever closer to home. “Plant-based bacon is going to have its moment in …

Assessing the Plant-Based Landscape for 2022

Pandemic challenges in 2021 impacted the plant-based industry in divergent ways, as more consumers experimented at home and operators across restaurants and retail prioritized inventory over innovation. “At retail, we are seeing the biggest [plant-based] …

Experts Weigh In on 2022 Inflation Outlook

With food more expensive than it has been in decades and inflation surging, business owners and consumers alike are worried about what the future holds. How high can prices go? When will inflation starts to ...

Survey: Gen Z Drawn to Cannabis Products  

A new survey signals that marijuana is competing with alcohol for Gen Z’s dollars. Technomic’s recent Adult Beverage Planning Program report shows that, in states where recreational cannabis is legal, nearly two-thirds (65%) of Gen …

Foodservice Distributors Face Challenges Despite Better 2022 Outlook

Although the 2022 prospects for foodservice distributors are on the rise, the industry still faces several challenges, according to Technomic Principal Wade Hanson. Hanson, speaking on a webinar hosted by the International Foodservice Distributors Association …

Is America Ready to Embrace African Cuisine?

While many traditional African foods are embedded in American culture, as a category, African cuisine remains largely unrepresented. But as consumers’ appetite for global flavor continues to flourish, the tides of change are well ashore. …

Restaurant Sales are Booming, But for How Long?

The restaurant industry continued to regain its financial footing in June, but the pandemic aftershocks have yet to subside. “The industry right now is extremely strong and is surging. For many operators, they have more business …