For the first time, Mexican beer Modelo Especial recently became the top-selling beer in North America, surpassing Bud Light, which had been the number one beer for two decades. Modelo’s ascent in North America begs …
“Companies must stand out,” said Food Institute CEO Brian Choi. “To win in the marketplace, products have to have a differentiated selling point – just being ‘good’ is not good enough in this environment.”
Alcohol to-go has become a permanent fixture around the United States, presenting a massive growth opportunity for businesses.
The “rapid rehydration” segment has become a crowded category. With its recent unveiling of BodyArmor Flash I.V., Body Armor joined brands like PepsiCo’s Gatorlyte, Abbott’s Pedialyte, and Electrolit in a category that’s gaining momentum. Powdered …
While functional fungi are now a well-established ingredient in coffees, powders, and shots, their use in the ready-to-drink (RTD) energy category is just starting to gain momentum.
As families gear up for movie night across the country and CPG companies figure out how to get their snacks off the shelves and into the hands of consumers before the previews even start, what constitutes a typical movie night snack, for many, is going the way of the dinosaurs.
It appears many Americans are rather intrigued by the “sober curious” movement. A new study reveals that 51% of Americans wish they had access to a sober bar as an alternative to traditional watering holes …
Consumers are embracing ready-to-drink (RTD) cocktails and drinking at home at a significant rate, according to a new Circana report on alcohol. “The pandemic has been a huge influence on the beverage industry. People got …
TAMPA, Florida – A record number of chain restaurant operators, on-premise providers, foodservice manufacturers and others attended the COEX event on March 5-7. Among the food industry event’s highlights: Jack Li and Megan Lynberg of …
Recent financially driven decisions by major wine producer E&J Gallo underscore key changes impacting its industry. In the changing U.S. wine industry, it appears “less” may be “more.”
Americans may have to start rethinking breakfast as eggs flirt with $5 a dozen and with orange juice prices set to jump because of a poor Florida citrus crop and low cold storage stocks. “Even …
As climate concerns continue to shake up the food industry, Richard’s Rainwater is bottling fresh rain with a focus on localized access and sustainability.
Less people are participating in Dry January this year, but data suggests that’s because drinking less alcohol is now on-trend year round.
For Coca-Cola and PepsiCo, 2022 seems like it should have been a difficult year. As we discussed just a couple months ago, the challenges facing the food and beverage industry are numerous. Inflation continues to …
Energy drink stocks are performing more vigorously than you may imagine. If an investor had invested in the S&P 500 at the beginning of the year, even with dividends she’d have lost about 16% of …
Appetite for M&A remains strong despite economic headwinds U.S. food, beverage and agribusiness (“FB&A”) M&A volume peaked in 2021 (by number of announced deals), according to S&P Capital IQ, and while deal flow during the …
When the Coca-Cola Co. announced it was discontinuing Honest Tea, co-founder Seth Goldman jumped into action. In a recent episode of The Food Institute Podcast, Goldman discussed his decision to launch Just Ice Tea and …
This article is written and sponsored by Kerry. Each year, Kerry evaluates trending flavors and tastes across five key categories: sweet, salty snack, savory, hot and dairy-based beverages, and cold and water-based beverages. Within each category, …
The impacts of Hurricane Ian are still being analyzed, but one thing is certain: the Florida citrus industry’s losses will be staggering. That’s according to The University of Florida’s Institute of Food and Agricultural Sciences, …
Almost as ubiquitous as the changing colors of the leaves or a crisp chill in the air, the arrival of pumpkin-spice-flavored everything signals that fall is here. Ever since Starbucks introduced the pumpkin spice latte …
This article is written and sponsored by Kerry. Amanda McNeely, Kerry’s marketing expert for food protection and preservation, talks about Kerry ingredient solutions that boost food safety and reduce waste, and her views on the outlook …
The energy drink category has become rather crowded in 2022. Gatorade recently added a caffeinated product called Fast Twitch. Monster Energy recently unveiled a new, Ultra Peachy Keen zero-sugar beverage. REDCON1 is set to launch …
Predictive-maintenance technology – smart software that listens to machines to predict equipment failures before they happen – could prove to be a valuable service, especially as manufacturers grapple with supply chain disruptions and labor shortages. …
During a dark economic time, coffee shops seem to be doing just fine, with sales actually rising as the rest of the industry stalls.
The hard seltzer bubble was starting to burst at the beginning of 2022, and second quarter earnings showed the category is in fact declining.
This article is written and sponsored by Kerry. When it comes to plant-based dairy, consumers want an authentic dairy experience. Whether it’s plant-based cheese, yogurt, ice cream or vegan snacks, the expectation is that the alternative …
PepsiCo has taken another step to grow its share of the energy drink market by taking a stake in Celsius.
Many food companies are embracing regenerative ag to aid the environment – a movement that’s increasingly extending into aquaculture.
Food and beverage intelligence company Spoonshot has released its AI-generated list of food trends for 2023.
CHICAGO – Oat milk and other plant-based milks were in abundance at Coffee Fest Chicago recently. Today’s coffee shop consumers want plant-based options to address their concerns about health, animal welfare, and the environment. While …
CHICAGO – At Coffee Fest Chicago recently, business owners and various industry reps gathered to take note of new products, as well as learn how to increase sales. As much as anything, the event suggested …
From bottled water and better-for-you bubblies to convenient coffees and cocktails, the beverage market is booming. Total sales for center store beverages reached $86 billion in the 52-week period ending June 12, per IRI, making …
CHICAGO – While coffee shops had previously been viewed as a “third place” to hang out and meet friends over a cup of hot java, shops are evolving to offer more cold beverages along with …
Coca-Cola is teaming up with Jack Daniel’s distiller Brown-Forman to make a Jack-and-Coke cocktail in a can. The mashup is the latest development in the rapidly growing canned cocktail segment. In fact, the ready-to-drink cocktail …
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 …
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 …
