Many food companies are raising prices to offset higher costs. Higher commodity costs are pressuring companies’ profits, while some are also starting to lap their surging sales sparked by stockpiling in 2020, reported CNBC (March …
Grilling season started early this year – or maybe it never ended, statistics from market research company NPD Group indicate. NPD reported consumers spent more than $4.9 billion on grills, smokers, camping stoves, accessories, and …
The world’s largest meatpacker is looking to appeal to those who want to eat less meat. Brazil’s JBS will buy Dutch vegetable-based protein company Vivera for $408.1 million, reported Reuters (April 19). Vivera includes a …
While the concept of “food as medicine” has been around for centuries, the philosophy is gaining momentum of late. So much so, in fact, that The Food Institute will highlight the concept and the growing …
A vegan diet is essentially the strictest form of vegetarianism. That is, in addition to avoiding animal flesh, vegans also cut out dairy, eggs and animal-derived ingredients, such as gelatin whey and casein. And as …
The Food Industry Association and the Meat Institute Foundation reported that grocery store meat sales increased by 20% last year, with three-quarters of consumers saying meat belongs in a healthy diet. “All protein sales at …
A persistent kink in the global supply chain is getting straightened out – slowly, but relatively surely. The backlog at southern California ports appears to finally be easing, even as imports continue to flood into …
Mushrooms are currently thriving at the intersection of multiple industry trends, including alternative proteins, food as health, and countertop gardening. A recent report by Grand View Research projected that the global mushroom market value is expected to exceed $50 billion in …
According to a study conducted by Allied Market Research (June 2020), the non-dairy ice cream market was valued at roughly $520 million in 2019 and is growing at a compound annual growth rate of 13.7%. …
Cattle produce approximately 78% of total livestock greenhouse gas emissions and are responsible for 14%–18% of human GHG. But, according to a recent report by Global Change Biology, ranchers who focus on changes to their agriculture production …
Impossible Foods is reportedly planning for a $10 billion public listing within the next year, either through an IPO or a SPAC. The valuation would be substantially higher than the $4 billion the company was worth …
Gluten-free diets are all the rage, but aside from benefitting the small percentage of people with celiac disease and non-celiac gluten sensitivity, there is little to no evidence showing that a gluten-free diet is effective …
Free is good, as any customer will tell you, and fast-casual restaurants are beginning to see the benefits of offering free (or virtually free) coffee to drive increased traffic and revenue. In February 2020, Panera …
While plant-based protein still makes up a small portion of the overall protein market, the segment has been gaining significant traction. The plant-based proteins market is expected to grow at a CAGR of 9.5% through …
Lamb sales are surging. While shoppers used to be wary due to its higher price tag, store sales of lamb jumped 28% year-over-year as of last month, according to Nielsen. Meanwhile, beef sales rose 25.6% …
Unilever plans to introduce carbon-footprint details for all 70,000 of its products and is researching best methods for gathering and presenting the information. A key motivator for the company is that brands perceived as sustainable …
Big foodmakers are taking advantage of a pandemic-driven rise in online shopping to track consumer analytics. “For a food brand it’s really no longer about who has the biggest factory, or who has the biggest …
Seafood mislabeling is rampant throughout the industry, accounting for as much as 55% of product sold in some countries with little regulatory framework in place to prevent the practices, an analysis by The Guardian indicated. …
Plant-based food and drink companies are tapping into rising consumer demand for animal product alternatives, including milk. In fact, sales of plant-based milks grew five percent in 2019, making up 14 percent of the entire milk category, according to …
A federal appellate court has ruled a state law that prohibits companies from marketing alternative protein products as meat does not violate free speech rights, but it begs the question of whether consumers really would …
New York and New Mexico are primed to join 15 other states in legalizing marijuana, which could have far-reaching implications for the food industry. NY & NM JOIN IN ON LEGALIZATION Shortly following legalization in …
Frozen food sales have been anything but icy of late. Frozen foods were among the fastest growing categories in grocery stores over the past year, according to the American Frozen Food Institute’s Power of Frozen …
Some coffee purveyors say they’re not too worried – at least in the short term – about the shipping container shortage that is pressuring already tight coffee supplies, the result of a South American drought …
A pair of cereal brands, General Mills’ Cinnamon Toast Crunch and Post’s Grape-Nuts, have been under the spotlight of late, by both the media and those on social media. Although their situations are different, both …
Most the world’s largest meat and dairy companies haven’t made commitments to achieve net-zero emissions by 2050. Researchers from New York University noted in a recent study that the largest meat and dairy producers are …
Sure avocados, legumes and blueberries are superfoods, but can they solve some of the world’s most pressing challenges like climate change and food waste? Seaweed, the Asian cuisine superfood ingredient that’s starting to gain traction …
While it may seem like some of your friends and family are a little over the top when it comes to lavishing their four-legged friends with top-shelf pet foods and specialty items, they’re actually part …
The world’s largest meat supplier, JBS SA, recorded fourth-quarter profits that spiked 65% from a year earlier. Sales were boosted by strong food sales in China and the U.S. and a sharp devaluation of Brazil’s …
Manufacturers of traditional dairy yogurts are increasingly selling and moving toward plant-based options. Here’s a look at all the industry trends that are rapidly reshaping the yogurt market. GENERAL MILLS General Mills recently announced that …
Saturday, March 20, was declared MeatOut day by Colorado’s governor, which prompted defiant gatherings supporting farmers in Colorado, Nebraska, and Wyoming. Colorado Gov. Jared Polis, a Democrat, pointed to the health and environmental benefits of …
Amid soil erosion, tens of millions of U.S. farmland acres lost to development, and global food demand rising upwards of 98% by 2050, there are serious concerns about how the agriculture industry will meet tomorrow’s …
Congested ports in the U.S. continue to cause major supply chain disruptions. The California ports of Los Angeles and Long Beach — which together handle more than a third of U.S. container imports — are …
Anheuser-Busch is boosting production of its latest hard seltzer offering after the beverage, developed alongside rapper Travis Scott, saw furious demand. The drink — called Cacti Agave Spiked Seltzer — launched earlier this week, reported CNBC …
Pet food recalls have become a concern for pet owners across the U.S. On Dec. 30, 2020, Midwestern Pet Foods announced a recall of Sportmix pet food products after the FDA received reports of dozens …
Just like grocery stores and restaurants have changed operational strategies during the pandemic, so have convenience stores. Whether it’s selling more ready-to-eat and heat-and-eat foodservice items to make a dent in lower gasoline sales or …
Meat and poultry producers were among America’s hardest hit sectors earlier in the pandemic, impacting production of chicken, beef, and pork at the country’s largest producers. The shortages across the country displayed how reliance on …
