Inflation Pushing Up Costs for Independence Day Cookouts
The price for a typical Fourth of July cookout could be 11% to 17% higher than a year ago, depending on what’s in your basket. That’s according to recent reports from Wells Fargo and the …
The price for a typical Fourth of July cookout could be 11% to 17% higher than a year ago, depending on what’s in your basket. That’s according to recent reports from Wells Fargo and the …
Plant-based protein is popping up in more products than ever before, but challenges related to flavor and texture have left a bad taste in the mouths of many consumers. In response, some companies are utilizing …
Abbott Laboratories, which stopped the production of Elecare powdered specialty baby formula after its southwest Michigan facility was flooded recently, said it had enough formula supply on hand to meet current needs. Heavy rains and …
With an endless supply of content and more than 50 million daily users, there is no shortage of ways for brands to market themselves on TikTok – particularly to Gen Z. In fact, half of …
The pandemic changed a lot of consumers’ attitudes towards foods and snacks, focusing more attention on healthier living and alternatives to traditional foodstuffs. As those trends accelerate, CPG companies are rethinking their structures and offerings …
Add condiments and corn to the abundance of shortages from the international supply chain crises. Australia’s low on lettuce, the Philippines are short on sugar, and sunflower oil is scarce in Spain, Bloomberg reported. Inflation, …
The cold brew coffee trend is gaining serious momentum. Market research company Technavio recently released a report predicting the cold brew trend’s trajectory — 57% by 2025 — after 26% YoY growth in 2021. The …
NEW YORK CITY – As Marissa DeMaio provided a tour of Atalanta Corp.’s event booth at last week’s Specialty Food Association Summer Fancy Food Show, she noted that smoked food products, like cheeses, are “on …
Plant-based was a unifying theme at the Specialty Food Association’s 2022 Summer Fancy Food show last week, with companies showcasing unique innovations across multiple food and beverage categories. With that, the plant-based specialty retail market …
In an era in where veganism is increasing and protein alternatives are making inroads, some in the agriculture realm believe they’ve found the future of traditional meat production. Proponents of a crossbreed of bison and …
National Beef Packing Co. LLC has postponed the planned $100 million expansion of its Tama, Iowa, plant, citing rising costs, Meat+Poultry reported (June 10). In March 2021, the company announced the expansion, which would have …
NEW YORK CITY – The lingering pandemic has done little to dampen consumer demand for specialty food. This was certainly apparent Monday at Specialty Food Association’s Summer Fancy Food Show. The Javits Center was abuzz …
In a quiet evolution from shelf stable baking substitutes to refrigerated scrambles and beyond, plant-based eggs are on the rise. Consumer awareness of plant-based egg products has been increasing, but it is still a small …
This article is written and sponsored by Kerry. Taste is what drives consumers to purchase their favorite foods and beverages. However, great taste isn’t always easy to achieve. In fact, categories like plant-based meat and dairy …
Plant-based products and environmental concerns are top-of-mind for the next generation of food industry leaders, according to The Food Institute’s 2022 Emerging Food Leaders Survey. But first, let’s rehash a little history. We started our …
As we approach the midway point of the year, it’s time to take a closer look at some of the top food industry trends. With that, here are key findings from Trendincite’s recently-released Top 5 …
As consumer spending buckles under the weight of inflation, store brands must work harder than ever to capture market share. In first quarter of 2022, consumers across all outlets were spending more but buying less …
CHICAGO – Bright, multi-colored displays of gummies and exhibitors touting their presence on TikTok largely stole the spotlight at the recent National Confectioners Association’s Sweets & Snacks Expo. Gummies are big business, included in the …
When it comes to perceived health benefits, plant-based alternatives are at a pivotal juncture. On a recent Food Institute Podcast, Kerry Nutrition Scientist Nathan Pratt, PhD, RD, unpacked the challenges — and responsibilities — food …
Pepsi will no longer sponsor the Super Bowl halftime show. The company said in a statement that the decision is part of a “larger strategic shift to bring unprecedented music and entertainment experiences” to people …
Consumers’ perpetual sweet tooth for frozen treats continues to drive category sales, despite equally persistent supply chain challenges. In particular, the frozen novelty segment has been a powerhouse over the past few years, with April …
In 1974, the United Nations hailed the blue-green microalgae spirulina as possibly the “best food for the future.” Nearly half a century later, food and beverage manufacturers appear to be catching on. The spirulina market …
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 …
The food industry should be on high alert this summer amid warnings from the North American Electric Corp. that high temperatures, drought and the prospects of extreme weather could contribute to blackouts across the continent. …
CHICAGO – A sign at the Sweets & Snacks Expo on Tuesday spoke volumes about current trends in the food industry. The banner simply stated: “INTENSE indulgence … MINDFUL indulgence … HEALTHY indulgence.” Clearly, snacking …
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, …
When Dutch professor Mark Post unveiled the first cultivated meat burger in 2013 at a cost of $330,000, few could have imagined how the category would evolve. In fact, companies can now create a patty …
Companies producing trail mix are on the path to higher revenue. In fact, the trail mix market size is set to grow by $11.2 billion by 2026, according to global market research firm Technavio, which …
The global plant-based alternatives market could swell to $166 billion in the next decade, according to an updated forecast by Bloomberg Intelligence. Bloomberg’s May 2022 projections incorporated 2021 results into the Plant-Based Foods Poised for …
A recent webinar from market research firm IRI unpacked various snacking opportunities around the globe that are enticing shoppers amid current economic challenges and new patterns of consumption. Here are a few key takeaways: The …
This article is written and sponsored by Kerry. In the wake of the COVID-19 pandemic, consumers are constantly looking for ways to personalize health benefits from everyday food and beverages. Kerry’s 2021 research notes that over …
The best time to measure the privilege of being an iconic brand is any period of rapidly spiking inflation. The Consumer Price Index has jumped 8.5% in the last year alone. And the country’s most …
Though kimchi and sauerkraut may be top of mind when thinking about fermentation, the opportunities actually stretch far wider. In fact, the fermented food and drinks market is expected to grow by $533 million through 2026 at …
MINNEAPOLIS – As he gazed out at the sizable gathering at the University of Minnesota on Wednesday, Pete Pearson didn’t mince words. Pearson, senior director of food waste at the World Wildlife Fund, asked the …
This article is written and sponsored by Transparency Market Research. Rising customer interest in alternative meats, the growing veganism trend, and increased demand from the nutritional supplements industry are projected to drive global yellow pea protein …