As pandemic concerns ease and consumer mobility returns, how will the dine-at-home category evolve against the backdrop of surging inflation? Last quarter, City National Bank Managing Director Eric Viergutz and RBC Capital Markets Managing Director Nik Modi joined The …
As Amazon leans into technology and major grocers like Kroger and Albertsons keep increasing square footage and introducing more product lines, Trader Joe’s is a throwback to simpler times. And that just may be the …
Food companies turned out to be some of the most reputable companies in the eyes of Americans in this years’ Axios Harris Poll 100 survey which gauges the reputation of the most visible brands in …
In discussing wellbeing when it comes to food, Nik Modi, managing director at RBC Capital Markets, commented in a recent Food Institute Podcast that “treats” are not merely a vice to be approached with moderation, but rather …
Steve Ramirez is a Vice President and Relationship Manager with City National Bank’s food and beverage group. Based in Los Angeles, he provides cash flow, asset-based lending, real estate and equipment financing expertise to family …
Even a lingering pandemic has done little to slow the momentum of Merkado, an independent restaurant serving Mexican comfort food in San Francisco. The establishment, which features a menu inspired by Yucatán and Jaliscan cuisine, …
Millennial parents have become massively impactful consumers. Several stats speak to the generation’s purchasing power. First, millennials in general are the largest adult cohort worldwide, with 23% of the global population – or 1.8 billion …
The convenience store long has been a place where one could grab a quick slushy on the way home from school or a bag of chips on the road. But a funny thing has happened: …
New consumer research suggests that meal kits are gaining momentum – especially with young adults. According to research from Culinary Visions, an insights and trends forecasting practice, 49% of consumers ages 18-34 say meal kits …
Berries were a powerhouse throughout the pandemic and the category continues to thrive as convenience and nutritional appeal keep consumers coming back for more. According to an April report by IRI, fresh berries are the …
How will consumer behavior shift as prices climb amid inflation? Most c-suites – in food business, and beyond – are inadvertently approaching this question with a purely rational framing, evaluating the marketplace as if every …
It’s been over two years since the start of the pandemic, a span in which many consumers began ordering groceries online for the first time. Though significant improvements have been made along the way, there …
Beverage companies looking to recapture consumers who have rejected sweet sodas are turning to sparkling waters to up their bottom lines. Market research firm Euromonitor International reported flavored sparkling water is outpacing bottled still water …
Nearly half of consumers are buying plant-based products in 2022. A new report from Acosta found that 40 percent of consumers surveyed in March purchased plant-based protein and/or dairy alternatives within the last six months, …
The carnivore diet – a meat-only meal plan – is gaining in popularity. Compared to other low-carb diets, such as paleo and keto, the carnivore diet eliminates all carbohydrates and plant foods completely. According to …
The pandemic era has seen a significant rise in the sales of plant-based milks and cheeses, experts said, attributing the upward trend to consumers developing more healthful habits after having eaten indulgently at the beginning …
Consumers are still loving all things fried. Market research service Mintel Menu Insights found that the number of fried foods on U.S. restaurant menus rose 5% during the first three quarters of 2021. And with …
In the seasonal candy playing field, Easter has been knocking it out of the park. Per IRI data, combined sales for chocolate and non-chocolate seasonal candy totaled $1.3 billion in the 7-week period ending April …
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 …
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 …
Like many things, consumer behavior has changed over the past two years. In fact, a new report from Placer.ai found that hybrid work, increased economic uncertainty, and more leisure activity, dramatically accelerated the rate of …
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 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, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 · …
According to a new poll, less than 25% of U.S. adults strongly trust information about where their food is grown and how it’s produced. The recent University of Minnesota survey of 1,022 Americans revealed that …
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 …
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 …
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 …
