Tapping Out: 2024 is Mocktail Time for Gen Z

“Gen Z is tapped in, and they see the negative impact alcohol can have on their lives,” said Michelle Houston, founder of the To Be Honest Beverage Company.

Certified Organic Products Break U.S. Sales Record in 2023

U.S. dollar sales for organic products approached $70 billion in 2023, marking a 3.4% increase YoY and setting a record for the sector.

Breaking the Ice: The Chill, Crunch, and Pleasure of Freeze-Dried Candy

When scanning a candy store in 2024, customers will notice a developing trend: freeze-dried products, apparently, are the coolest. Candies like Skittles and Jolly Ranchers can now be found in freeze-dried variations.

Fast-Food Chains Racing to the Bottom to Attract Inflation-Weary Consumers

All of a sudden, $5 value meals are everywhere, from fast-food chains to major retailers. Industry insiders say the deals are simply a short-term solution, however.

Drinks Catering to Gen Z Steal the Show in Chicago

The event’s exhibitors focused on foods, drinks, and equipment designed to help foodservice operators create unique taste experiences. Beyond offering crave-worthy fusion dishes and fun iced beverages, exhibitors offered a wide array of vending machines on the show floor.

Seafood Restaurant Outlook: Lessons Learned from Red Lobster’s Demise

What can seafood restaurant operators learn from the demise of Red Lobster? Andy Diamond, president of seafood franchise Angry Crab Shack, recently noted how operators can stay ahead of volatile market pricing to deliver value.

Falling Stars: Inflation Cuts Into Retailers’ Ratings

The most recent rising trend in retail is lowering one’s expectations of retail. This year, clothing companies tended to fall the worst, followed closely by QSRs, big box stores, and grocers, in that order.

Three Key Trends from NRA 2024

The food-away-from home industry gathered in Chicago between May 18 and May 21 for the 2024 National Restaurant Association Show (NRA 2024).

Consumers Have Forced the Value Wars

Food prices are up; consumer confidence is down. Many QSRs and retail outlets reported losses in the last quarter. The Value Wars are here.

Anti-Diet Movement: Marketing Ploy or Healthier Relationship with Food?

The so-called “anti-diet” movement aims to move people away from an obsession with weight loss and toward a healthier relationship with food.

Cooking Up a Storm: Gen Alpha Kids Have Become Tiny Tastemakers

Don’t look now, but Gen Alpha’s influence in the food industry is rising due to its increasing interest in cooking.

Walmart Earnings Seem Optimistic for The Food Industry. Its Strategy Might Not Be

Retail giant Walmart is hardly moving like a lumbering incumbent, but rather at a pace more like that of a startup. That seems a terrifying prospect for the rest of the industry, said FI’s resident stock analyst.

Key Takeaways from The NGA Show 2024: Improving Shopper Experience

Shopper experience in the physical store is often what truly differentiates the independent grocer from brick-and-mortar chain stores and online e-commerce competitors like Amazon.  The right mix of products, priced right, offered in the right place, and services delivered by welcoming staff in a pleasant environment are essential to building sales and customer loyalty.

In Today’s Market, What Defines Value?

Many consumers feel they can’t win on cost alone – they also need an experience, or at least a decent reason to visit a brick-and-mortar store.

To Many Americans, Eating Fast Food is Now a Luxury

According to a new survey from Lending Tree, a staggering 80% of consumers now consider fast food a luxury because it’s so expensive.

Behold, ‘Kitchen Table Travelers’: Ajvar Is Spreading

Ajvar is a Yugoslavian relish that became popular after World War II. Made primarily from sweet bell peppers and eggplants, ajvar can be sweet (traditional), piquant (common), or scorching hot. Ajvar can be spread on bread or enjoyed as a side dish due to its thicker and more viscous texture.

Four Key Themes from the 2024 BMO Farm to Market Conference

At the 2024 BMO Farm to Market Conference, a few key themes emerged for the food, beverage, and agriculture sectors.

Sweet Sustainability: How 3D-printed Cookies Are Made From Waste

Researchers have created a way to make 3D-printed food, including cookies, out of plastic waste. It could be the answer to multiple global issues.

Opinion: Automation Serving up Invaluable Efficiency for Restaurants

Restaurant automation reduces service time, increases consistency, and eliminates labor from the restaurants that use it.

Sweetgreen Positions New Steak Offering as Sustainable, Rooted in Regenerative Grazing Practices

Sweetgreen is leveraging regenerative agriculture to position its new grass-fed steak offering as climate-friendly. Can expanding these agricultural practices offset beef’s massive carbon footprint?

Choc Full of Benefits: Functional Chocolate Has Arrived

Functional chocolate is becoming a staple of health-conscious diets. Manufacturing the healthier-for-you chocolate often requires much trial and error, however.

Gen Z’s ‘Little Treat Culture’ Especially Apparent in Coffee Category

Young adults are turning to drinks like cold brews and ube lattes as they seek self-care while partaking in “little treat culture.”

Weather and War are Threatening Wheat Supplies

Soggy fields in western Europe and drought in Australia, Ukraine and Russia, coupled with Russia’s continued war on Ukraine, are curbing wheat production and shrinking global stocks to their lowest level in decades.

Food Meets Fashion in NYC

On Thursday, May 16, The Food Institute is taking over the headquarters of Hugo Boss in downtown Manhattan to discuss food, finance, and fashion.

C-Stores Draw Market Share From Grocery, Retail

Casey’s and Maverik are highlighting breakfast while Buc-ee’s and Rutter’s are leveraging increased square footage and store footprints to drive sales and steal market share away from grocers and retailers.

The Next Big Thing in CPG? Shelf-Stable Products

With grocery refrigeration space tight, manufacturers are looking at producing shelf-stable products to cut waste and improve profits.

The Surprising Strength in WK Kellogg Stock

What WK Kellogg has done in its first three quarters as a standalone business is both an important step in the right direction and a validation of a spin-off strategy, wrote FI’s resident stock analyst.

Ten Vegan Food and Beverage Stocks to Watch

Despite persistent challenges, vegan food market revenue is poised to reach $49.6 billion globally by 2032, growing at a CAGR of 11.8% during the forecast period.

Research Shows Americans Now Seek Snacks ‘Day and Night’

According to retail insights company 84.51°, 27% of shoppers said they’re snacking multiple times per day, up 15% from 2023. Cheese is America’s favorite snack in 2024.

belVita – The Next Billion-Dollar Food Brand?

One thing that food industry consultants learn quickly is that public holding companies focus most of their resources on their Power Brands – the $1 billion+ revenue-generating giants whose slightest change in profit or topline …

Why Hormel Foods Employs a Cultural Anthropologist

Dr. Rodriguez is thrilled to live in a time when underrepresented voices, cultures, and cuisines can easily take the world by viral storm. She’s quick to point out that for many cuisines, blanket terms like “Mexican” or “Asian” just don’t do it anymore – the people, and the food, deserve more.

The Evolution of Ecuadorian Cuisine

When the Spanish colonized a large swath of Central and South America, they introduced new forms of foods, like pigs and goats. At the time, the indigenous land was fertile with crops like beans, avocados, and papayas, but the Spanish felt deprived of nutrients that they were accustomed to. Thus, by the 17th century, the Spanish had imported countless herds of cows, pigs, sheep and goats to Ecuador.

Brand Magnetism: The Driving Force Behind Gen Z’s Relationship with CPGs

A new report from Gen Z research and strategy firm dcdx noted the importance of brand magnetism for the CPG industry to attract young consumers.

Momentum Building for Grass-Fed Beef

Per the 2024 Power of Meat report, 83% of consumers seek a “better-for-you” option when they purchase protein, such as grass-fed beef, and many brands are eager to accommodate.

KEY: The Startup with Zero Sugar and $4 Million in Funding

Could a zero-sugar energy drink be the future of the heavily saturated beverage market? Possibly. KEY, an energy drink start-up, recently emerged with $4 million in funding, according to an article by AFN. The start-up, …

What’s Playing? The Role of Music in Retail

“The power of audio in retail goes beyond just music,” Elsley said. “Incorporating carefully crafted messaging and advertisements into the auditory experience can further enhance customer engagement and drive sales.”