Consumer Insights Archive > Page 12

Teen Spending Up, Interest in Plant-Based Down

Teens are spending more money (+9%) and food is a top priority, according to Piper Sandler’s Taking Stock with Teens Spring 2022 survey. With these themes in mind, below are key findings that food industry …

Deli Prepared Foods Thriving Despite Inflationary Squeeze

As rampant inflation tightens its grip across the food industry, many consumers are cutting back on grocery staples and trading down to cheaper items. All the while, higher-ticket prepared food sales are soaring. Comparative unit …

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 …

Is the Future Consumer Flexitarian?

As reported in a recent FoodThink white paper, flexibility is among the top priorities for U.S. consumers when it comes to food shopping and eating behaviors. With food habits and social wellness trends evolving rapidly, …

3 Keys for Successful Social Media Marketing

Food businesses are losing faith in Instagram following a change in its algorithm. The social media platform’s choice to prioritize videos over photos has created unforeseen costs for small businesses, leaving many owners frustrated, reported …

Report: Bacon, Refrigerated Snacks Big CPG Winners Since 2020

Consumer data analysis firm Catalina reports two years into the coronavirus pandemic, Americans are snapping up certain packaged foods at a rapid clip, and there’s little evidence the trend is slowing much. Bacon, refrigerated snacks …

Analysis: Is There Too Much Plant-Based Competition?

Seemingly any product you can think of has a plant-based alternative these days. When The Food Institute attended this years’ Natural Products Expo West, we found a plethora of plant-based brands with items like alt-chicken …

Kerry: Health, Wellness Primary Concerns for Modern Consumers

What’s the mindset of the average American consumer in 2022? Kerry, a global food company, examined that question last week in a webinar titled “How America Eats: Creating Data-Driven Success for Food Brands.” “We’ve been …

Functional Beverage Market Percolating

In 2022, consumers have a growing thirst for functional beverages. The global functional beverage market size was estimated at nearly $120 billion (USD) in 2021 and, according to researchandmarket.com, is projected to grow at a …

TikTok is Becoming a Food Industry Influencer

Users sharing their food on social media is nothing new, but TikTok is taking the phenomenon to new heights. Earlier this week, the hashtag for “food” had garnered a whopping 268 billion views on the …

Can Indulgent Treats Improve Health and Wellness?

The pandemic era strengthened food and beverage trends like health, wellness and nostalgic indulgence. While contradictory at first glance, these behaviors are finding alignment as consumers redefine what constitutes “healthy” behavior. Health and wellness are …

Can Plant-Based Innovation Boost Store Brand Sales?

On the heels of a stagnant sales year for store brands, Amazon and Kroger are bulking up their private label portfolios with plant-based products. Is category innovation on the horizon? The Food Institute Podcast · …

Does the Keto Diet Have Staying Power?

The keto diet is still making headlines after surging in popularity several years ago. Food sensitivity specialist YorkTest researched the most viewed diet-related hashtags on TikTok and found that Americans can’t get enough of the …

Why Food Brands Should be Targeting Gamers

Gamers are proving to be an influential demographic in the food industry. In fact, research from Wunderman Thompson Commerce’s Future Shopper Report 2021 shows that globally, 84% of online shoppers are gamers. With this in …

How Americans are Combatting Meal Prep Fatigue

After two years of more cooking at home, it looks like Americans are getting tired of meal prep. A survey by OnePoll on behalf of Jennie-O found that six in 10 respondents admitted feeling “burnt …

The Restaurant ‘Experience’ Returns

Editor’s note: This article is a free, one-time preview of The Food Institute’s new Premium articles, which will be available to members. To join FI, click here.  After nearly two years of intermittent pandemic-related lockdowns, consumers are seeking …

Is Plant-Based Meat at a Retail Crossroads?

Alternative meat sales continue to plateau at retail following strong performance in recent years. Has plant-based meat reached its peak, or is this just a lengthy chapter in the emerging category’s evolutionary process? According to …

Can Meat Industry Maintain Record-Setting Sales?

The recently released 2022 Power of Meat report indicated pandemic-induced inflation sent meat prices soaring, with sales hitting a record $81.8 billion in 2021, an increase of 0.3% from the previous year. Those record sales …

From Kimchi to Bulgogi, Korean Cuisine Gaining Steam

Korean cuisine had its moment in 2021, and all indications suggest that popularity could last for the foreseeable future. According to new data from analytics company Spoonshot, interest in Korean cuisine spiked nearly 90% in …

Inflation Is Surging and Dollar Store Sales are Too

With inflation running at its highest level in four decades, consumers are pinching their pennies and looking to dollar stores to stretch tightening budgets. With inflation currently running at 7.5%, consumers are getting nervous about …

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What’s Next in Pizza?

Consumers are getting more adventurous with their pizza. In fact, Slice’s 2022 Slice of The Union report indicates that three types of not-so-traditional pizza had their best year ever: Dairy-free pizza was 333% more popular New …

Why Are Private Label Products Not Thriving Amidst Inflation?

Shoppers have historically gravitated to store brands when economic times get tough. But despite record-high prices, private label food and beverage sales continue to dip below their national counterparts at retail. Overall, store brand dollar …

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 …

Will Restaurants Become the Focus at Malls?

For much of the 1980s and ‘90s, American malls were where seminal moments occurred in the lives of adolescents. They bought puppies at the basement pet store. They rented tuxedos for proms. And they socialized in …

What Do Consumers Want from Loyalty Programs?

Newsweek recently released its America’s Best Loyalty Programs 2022 list and several food brands stood out. In the grocery category, Kroger, Sprouts Farmers Market and Publix Super Markets landed the top spots, while Jersey Mike’s …

Monitoring Plant-Based Food Conversations on Instagram

Editor’s note: This article is a free, one-time preview of The Food Institute’s new Premium articles, which will be available to members. To join FI, click here.  Comparative analytics platform Social Standards took a look into public consumer …

Inaugural Protein & Plant Evolution™ Conference Announced

Interactive & Educational Conference Designed to Meet the Needs of Retailers, Foodservice Operators, Food Manufacturers, Investors, Financial Services and Policy Makers, Scheduled for June 1-3 February 16, 2022/FI Newswire/ – The Food Institute and The Lempert …

IRI Report: Versatility Key to Winning Breakfast Category

Breakfast occasions were big business for retailers in 2021, with at home consumption remaining above pre-pandemic levels. However, many traditional breakfast categories saw mixed sales results. In a new report, Winning Breakfast, Generation by Generation, …

Plant-Based Chocolate Emerging as Consumer Sweet Spot

Consumers’ perception of chocolate as a functional indulgence has made it a growing target for plant-based exploration. The global vegan chocolate confectionery market is expected to reach $1.41 billion by 2028, registering a compound annual …