Korean cuisine had its moment in 2021, and all indications suggest that popularity could last for the foreseeable future. According to new data from analytics company Spoonshot, interest in Korean cuisine spiked nearly 90% in …
More major CPG companies are playing in plant-based, flagging the alt-protein category as a potential catalyst for growth. But industrywide, the depth of that value is not easily measured in broad strokes. “When you factor …
For some time, it seemed like there was a new app every week promising New Yorkers food and other deliveries in 15 minutes or less. Now, it looks like there could be a bump in …
With inflation running at its highest level in four decades, consumers are pinching their pennies and looking to dollar stores to stretch tightening budgets. With inflation currently running at 7.5%, consumers are getting nervous about …
U.S. consumer support for domestic agriculture has grown stronger, according to a new survey from the United Soybean Board. In fact, 78% of respondents said it’s important to purchase U.S.-grown food, an 8% increase from a …
The process used to create precision fermentation is akin to alchemists transforming basic metals into gold. In this case, however, scientists are transforming sugar and fungus into hamburgers. According to RethinkX, a think tank that …
Consumers are getting more adventurous with their pizza. In fact, Slice’s 2022 Slice of The Union report indicates that three types of not-so-traditional pizza had their best year ever: Dairy-free pizza was 333% more popular New …
Shoppers have historically gravitated to store brands when economic times get tough. But despite record-high prices, private label food and beverage sales continue to dip below their national counterparts at retail. Overall, store brand dollar …
Global shipping is likely to take another hit in the wake of the Russia-Ukraine conflict. The invasion adds a level of complexity to an industry already navigating changing consumer demand, inflation, and the ongoing effects …
These days, non-alcoholic beverage manufacturers, like PepsiCo and Coke, are seeking to expand their production amid shrinking soda consumption. And, taking that strategy a step further, Pepsi is now hoping to attract younger female consumers …
Consumers think grocery stores have a lot more work to do on sustainability, according to a recent survey from Retail Insight. More than half of respondents said grocery stores must improve their sustainability claims and …
For much of the 1980s and ‘90s, American malls were where seminal moments occurred in the lives of adolescents. They bought puppies at the basement pet store. They rented tuxedos for proms. And they socialized in …
Newsweek recently released its America’s Best Loyalty Programs 2022 list and several food brands stood out. In the grocery category, Kroger, Sprouts Farmers Market and Publix Super Markets landed the top spots, while Jersey Mike’s …
Cheese is pegged as the next growth category for plant-based dairy at retail, as quality innovations flourish and big players start to make inroads. Globally, the vegan cheese market is expected to expand at a …
PINE BROOK, N.J., Mar. 1, 2022/FINewswire/– The Food Institute, the leading source for food industry news, data, and trends, announced today that the company has secured a second round of investment capital from the Gellert …
Inflation is still a major concern for consumers, but it’s not stopping them from spending. INFLATION A CONCERN FOR 9 OF 10 AMERICANS Almost 90 percent of all adults in the U.S. are concerned about …
LAS VEGAS – The specialty food industry gathered en masse at the recent Winter Fancy Food Show earlier this month, and some noteworthy industry transformations were apparent, influenced by the pandemic and changing consumer preferences. …
DUBAI—Gulfood, the world’s largest annual food and beverage sourcing event, rebounded in a big way from the pandemic this year. The show, which concluded on February 17, featured 4,000 exhibiting companies from 120 countries, up …
Hiring new employees is hard for businesses across the food landscape. Retaining them is even harder. And if you are a restaurant operator amid the current worker shortage, your staffing problems are the hardest. The …
The United States and its allies are escalating sanctions against Russia as a result of its invasion of Ukraine that could ripple through the world economy, aggravating inflation and supply chain issues, and prompting consumer …
U.S. companies should be prepared for retaliatory cyberattacks following Biden Administration sanctions against Russia for invading Ukraine. U.S. Rep. Jim Langevin, a senior member of the House Armed Services Committee, said private companies should be …
A few food companies scored big thanks to this year’s Super Bowl. AdAdapted, a shopping list marketing and insights platform, recently researched the influence of this year’s Super Bowl commercials and found two chip brands, …
Editor’s note: This report was updated Thursday to reflect the Russian invasion of Ukraine the night prior, as Russian President Vladimir Putin ordered a military operation in eastern Ukraine. Below, FI looks at certain ramifications …
Makers and merchants in the $170.4 billion specialty food industry have a history of introducing trends that stick. With that in mind, here are three categories to watch regarding specialty foods in 2022: VEGETABLE INSPIRED …
The U.S. government halted imports of new-harvest avocados from Mexico for nearly a week after a U.S. inspector was threatened, months ahead of one of the highest-consumption days for the product. While the USDA’s Animal …
Poultry growers have been advised to double down on biosecurity and sanitation practices with reports of further avian influenza infections in both commercial and non-commercial flocks, as well as wild birds, in the Northeast and …
Replicating bacon has been no small task for alternative protein producers, but new innovations in flavor and texture are bringing plant-based options ever closer to home. “Plant-based bacon is going to have its moment in …
To say that the champagne world is a bit “off-kilter” these days would be a significant understatement. The Financial Times reported in late December that retail champagne prices (especially vintage champagne) had increased 30% in …
Meal kits are at a crossroads. Despite strong sales earlier in the pandemic, customers have dropped meal kits in droves as restrictions ease, while soaring food and logistics costs squeeze margins. In December, HelloFresh released 2022 …
The 10th annual Growth Leaders study from IRI and Boston Consulting Group (BCG) explores the top performing consumer packaged goods (CPG) companies of 2021 and strategies that enabled their growth. The total U.S. CPG industry …
U.S. consumer attitudes about health and wellness are shifting. People have stopped focusing on diets and “can’t haves” and are instead paying attention to whole-body health and lifestyle changes they feel will be long-lasting, according …
One of Napa’s most iconic wineries is changing ownership. As reported by The Wine Spectator, Doug Shafer, president of Shafer Vineyards, on Wednesday announced that Shinsegae Property, a real estate and luxury brand firm based …
Foxtrot, a modern convenience store chain with an all-day café and a 30-minute delivery app, aims to expand into more metropolitan areas following its $100 million Series C raise in January. What differentiates Foxtrot from …
Editor’s note: This article is a free, one-time preview of The Food Institute’s new Premium articles, which will be available to members. To join FI, click here. Comparative analytics platform Social Standards took a look into public consumer …
Inflation at the grocery store continues to rise — and consumers are noticing. In fact, the CPI food at home index rose 7.4 percent over the last 12 months, according to The Bureau of Labor …
It’s clear that egg prices rose in the first month of 2022, but determining a definitive cause is a bit more elusive. The price of a dozen large white eggs rose to a national average of $2.08 on Feb. 9, representing a 22.5% increase month-over-month.
