The at-home coffee market is set to grow by 4.9% in 2020 to reach $15.6 billion, according to new research from Mintel. In comparison, the market experienced a total of 3.9% growth between 2015-2019. “With …
Robyn Carter, founder and CEO of Jump Rope Innovation (JRI), joined the Food Institute Podcast to discuss consumer perceptions and desires during the pandemic. With the back-to-school season in full swing, and Halloween, Thanksgiving, and …
Several plant-based meat companies are making strides in international markets. Impossible Foods is rolling out Impossible Sausage Made From Plants in Hong Kong. Consumers in Hong Kong can now buy the sausage as a breakfast …
The World Wildlife Fund (WWF) and the Zoological Society of London named the food and agriculture industries major factors in climate change mitigation, reported Bloomberg (Sept. 9). Their study, which focuses on biodiversity loss, says expanded …
With popularity of frozen foods up during the pandemic, supply chains for frozen products are undergoing their own set of challenges. Eighty-six percent of consumers said they bought frozen food in March and April, with …
As coronavirus cases around the U.S. continue to rise, manufacturing plants—particularly poultry processing—are experiencing more closures. On Aug. 31, the U.S. topped 6 million cases of coronavirus, reported CNN (Aug. 31). The food processing industry …
In an effort to expand its health sciences business, Nestlé SA agreed to buy the rest of the partially owned biopharmaceutical company Aimmune Therapeutics Inc. for $2.6 billion, reported The Wall Street Journal (Aug. 31). …
A growing amount of large food companies—particularly in manufacturing and foodservice—are continuing to restructure, making more job cuts in response to the coronavirus pandemic. Most recently, Coca-Cola laid off thousands of workers, offering voluntary deals …
Shoppers are increasingly turning to plant-based products. The specialty plant-based segment has grown more than 27% since 2017, reaching nearly $5 billion in total brick-and-mortar sales in 2019, according to the recent State of the Specialty …
Restaurants across the U.S. are resuming operations in accordance with guidelines to ensure health and safety and patrons and employees. However, states, cities, and counties have different requirements for operating during the pandemic. In New …
Sales of chocolate and candy increased during the pandemic as consumers look for products to boost their mood and lighten perspectives, according to data from the National Confectioners Association (NCA). Overall sales of chocolate and …
Manufacturing companies are seeing increased sales during the pandemic, but some are issuing record levels of debt. Strength in the retail and deli businesses helped push sales up at Hormel Foods Corp. in its third …
KIND Healthy Snacks plans to switch to “bee-friendly” almond suppliers to encourage growth of the insect population, reported Fast Company (Aug. 25). KIND’s almond suppliers are working on two major changes: 1) stopping the use …
Food Institute Focus – Coca-Cola to Join Hard Seltzer Craze
Food Institute Focus – Meat Workers Claim Their Safety is at Risk
Food Institute Focus – Changing Food Trends Fuel Pasta Popularity
Food Institute Focus – Retailers Disrupt Milk Processing Industry
Food Institute Focus – Gen Z’s Influential Food Preferences
Food Institute Focus – Investors Bet on Plant-Based
The COVID-19 pandemic will continue to affect the manufacturing capabilities of food companies through the end of 2020, but automation, social distancing, and pivoting towards healthier products could provide avenues for future growth. Meatpackers Face …
Food Institute Focus – Food Industry Continues to Fight for Social Justice
Food Institute Focus – More SKU-Rationalization Hits Manufacturers
Food Institute Focus – Food Startups Attract Major Investors
I heard a commentator on TV recently describe the coronavirus as an “accelerator.” In his words, the dramatic industry changes we are currently seeing would have happened anyway in a non-pandemic world, just not as …
Food Institute Focus – Dairy Consolidation Outpaces Most Agriculture
Food Institute Focus – Shifting Back to Sustainability
The global outbreak of COVID-19 has had a significant negative impact on our daily lives. It has also had a meaningful impact on transaction activity in the U.S. M&A market. What was shaping up to …
Food Institute Focus – Goya Votes Against Sale
As consumers turned to stockpiling when stay-at-home orders were enacted at the onset of the coronavirus pandemic, food manufacturers were forced to pivot to new operating models to ensure profitability. Avenues targeted included direct-to-consumer models, …
Food Institute Focus РVC Investment Trends in Food & Beverage – Insights from Harbinger Ventures and Boulder Food Group
Food Institute Focus – Organic Food Gains Popularity Amid Pandemic
Food Institute Focus – Fourth of July Holiday Spurred Sales Gains
Food Institute Focus – Oat Milk is a Fast-Growing Dairy Option
Food Institute Focus – Shelf-Stable Food Still in Demand
Food Institute Focus – Consumer Perception Drives Interest in Plant-Based Eating
More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information …
