Say Cheese: Report Reveals Biggest Cheese-Loving Nations

According to the USDA, global cheese consumption is projected to reach a record high of 21.6 million metric tons this year. Cheese consumption is up 5.7% compared to five years ago.

Record Texas Wildfire Could Impact Beef Prices

The Smokehouse Creek fire in the Texas panhandle already has set a record for size and now is threatening to create record agricultural losses that could send beef prices soaring. Rep. Ronny Jackson, R-Texas, surveyed …

IFMA COEX 2024: Key Themes and Industry Trends

Josh Linkner issued the opening keynote for the COEX 2024 and noted that creativity and innovation was critical for continued growth and success. He also noted that research had found all humans are naturally drawn to creativity, but that it manifested in different ways.

Fast-Food Kiosks Will be Prevalent by 2025

The annual State of Digital Report by Qu revealed that food kiosks are the top priority this year for QSRs and fast-casual restaurants.

How Hormel and JM Smucker Are Beating the Market

It’s not hard to understand why these companies have found success in a challenging environment. These are comfort food manufacturers (among other things!) whose identities, infrastructure, and revenue are built upon foods people reach for when they’re feeling down, feeling squeezed, or both.

As Aquaculture Gains Global Momentum, American Segment Snagged

“There’s no question that aquaculture needs to grow, and I think it’s just a matter of time before it takes off in the U.S.,” Austin Caperton, the CEO of Appalachian Salmon in West Virginia, told FI.

The 4-Day Workweek Has Reached F&B

Could a shorter, 4-day work week be the answer to employee happiness and increased productivity? The debate continues among experts.

3D-Printed Food Innovations Push Closer to Market

Steakholder Foods is leading the charge in additive manufacturing for the food industry. Over the past year, the food tech innovator has unveiled the “world’s first” 3D-printed cuts of grouper, steak, eel, and plant-based shrimp.

Egg Market Remains Volatile Amid HPAI, Cage-Free Standards

Egg prices were volatile in 2023 due to highly pathogenic avian influenza. Not much has changed as the calendar has turned to 2024.

Cloud Bread to Burn-away Cakes: Tomorrow’s TikTok Trends in Restaurant & Retail

From chefs to retailers to restaurant operators, catching fire with a dish that went viral on TikTok can ignite a fan base (and bolster quarterly revenue).

‘Sugar Elimination’ Technology Has Arrived

Startups are leveraging human digestion and technology to bring sugar elimination innovations to market — from enzymes that convert sugar into fiber to sugar “sponges” that activate after they are consumed. The zero-sugar food and …

Beef Rice & Dairy Plants—Frankenfood or Food Science Breakthrough?

Such a fusion of different species opens new possibilities for sustainable food production, addressing issues such as food scarcity, environmental impact, and ethical concerns associated with traditional agriculture practices.

The Amazon’s Surprising Origin and Insights for the Future

The Amazon rainforest conjures images of pristine, verdant forests, a tropical paradise largely untouched by modern civilization. (At least, in the areas safe from deforestation.) But could this complex tapestry of biodiversity actually be the …

‘Drip Pricing’ Has the Attention of Regulators, Consumers as Inflation Lingers

How many times have you heard: If a deal is too good to be true, it probably is. And nowhere is that more apparent than when companies practice “drip pricing,” the practice of luring the …

CPGs Need Fresh Strategies Beyond Price Increases in 2024

“Tomorrow’s winners will vary how they generate demand across their portfolios, with mass activation for their biggest brands and more targeted treatment for niche and insurgent brands,” Kyle Weza, global co-lead and brand accelerator for Bain & Company, said in the report.

Feel This Moment – Walmart Teams Up with Pitbull, Again

The Pitbull-launched intra-store restaurant is part of a larger, $9 billion plan to make “upscale changes” to stores and bring in more recognizable and coveted brands and influencers. For Walmart, pairing with the king of collaborations is a natural choice.

Column: Wendy’s Surge Pricing Plan a Risky Endeavor

Update: Since its recent earnings call, Wendy’s released a statement that noted “Any features we may test in the future would be designed to benefit our customers. … Digital menuboards could allow us to change …

Great Plains Debate: Should Bison Become ‘The Other Red Meat’?

Nutritionists hail bison as the other red meat, not that different in taste and nutrients from beef, but with a greater concentration of iron and fatty acids along with less fat.

Bowled Over: Bowl Chains Win Over Restaurant Goers

Juice It Up!, a restaurant chain focused on healthier-for-you offerings like super fruit bowls, has recently enjoyed a 38% sales surge.

Line Between Food and Supplement Industries Continues to Blur

Through its new “super greens” partnership with BEAM, Dole joins the growing list of major food producers pivoting into the supplement category. How far will this industry convergence go?

Carb-Friendly Atlantic Diet Rivals Health Benefits of Mediterranean Diet

A new study indicates that the Atlantic diet could be as healthy as the Mediterranean diet, despite Atlantic’s higher allowance of carbs and dairy products.

Three Key Grocery Shopper Trends in 2024

Grocery shoppers are adapting their buying patterns in response to economic uncertainties and external influences in 2024.

Appetite for Reduction: GLP-1 Drugs Fuel Grocery Decrease

The market for GLP-1 drugs is expected to reach $100 billion by 2030. Manufacturers and brands who want a piece of the low-sugar pie, so to speak, will have to offer the same.

Column: The Decline of Vertical Farming is a Prelude to Innovation and Profitability

In the current discourse on economic conditions, a paradox emerges: while macroeconomic indicators suggest a robust state of affairs, a pervasive sense of unease belies these optimistic figures. Nowhere is this more evident than in …

Cereal Manufacturers Desperate to Boost Sales

Americans are turning away from breakfast cereal, and that’s got cereal manufacturers seeking fresh innovation to bring consumers back to their bowls and the breakfast table.

Understanding Why Regenerative Agriculture is the Fastest-Growing Green Theme

“Brands that genuinely commit to regenerative agriculture can build strong connections with consumers who prioritize regeneration,” says Michael Ham of Wild Orchard Tea Company. “This can result in long-term brand loyalty and positive associations with environmental responsibility.”

Column: How to Effectively Handle High Food Prices

The other day, I took my son to Five Guys and he got a cheeseburger, fries, and a milkshake. It was almost $20 … yet there was a line all the way to the door. …

Report Reveals Scarcity of Retail Innovation

From number-crunching untold volumes of data to helping streamline inventory, supply chain, and predictive market trends, there is no digital limit to what AI can help operators achieve.

Beyond Meat Unveils “Beyond IV” Beef Boasting Clean Label Certification

Beyond Meat has announced its latest innovation, Beyond IV, the fourth generation of the company’s core beef platform. The new recipes are the result of a multi-year research effort to improve the taste and nutritional quality of Beyond Burger and Beyond Beef.

How Post Holdings Claimed the Best Packaged Food Stock in the Market

Since its spin-off from Ralcorp, Post has spent over $10 billion on acquisitions. It has taken impairment changes relative to acquired assets of less than $300 million. Meanwhile, off a cereal business worth about $2 billion, Post and Bellring are now worth over $20 billion combined (including the respective companies’ debt).

‘Rufus, Fetch My Next Outfit’: Amazon Unveils AI Shopping Assistant

Critics and analysts alike are keen to understand who stands to benefit most from this technology – whether it will primarily serve Amazon’s interests by increasing sales and customer retention, or genuinely improve the consumer experience by offering more personalized and convenient shopping solutions.

Tasting the Future: Food Fermentation Breakthroughs

From regulatory approvals in animal-free dairy, to a new snack made with air protein, fermentation is making major moves in the new year. What could the recent headlines signal for the future of food?

Pork Oversupply Possible Threat to U.S. Economy

Eggs and bacon or sausage: The traditional American breakfast – or at least it used to be. The Wall Street Journal recently reported that the pork industry currently is so efficient, it’s producing more meat …

Consumers Award Better-for-You in New Product Survey

Despite some titans of the pantry and cookie jar winning in their categories (Keebler’s Chips Deluxe Fudgy in the Cookie category; Dr. Pepper Strawberries & Cream in Soft Drink), better-for-you offerings not only abounded but won several snacking categories.

Taking Stock of Wellness: Target Launches Wellness Initiative

The least expensive products will start at just $1.99 and range from apparel to supplements, vitamins to technology, and more. Many of the offerings will be exclusive to Target and complement its dedicated online wellness destination that features ideas, meal inspiration, and more.

Why Legacy Beverage Brands are Revamping Their Image

Dunkin’ Donuts’ shift to simply Dunkin’ serves as the gold standard in the contemporary rebranding landscape.