The alt-meat market, which peaked in 2018-19, saw sales decline due to factors like market saturation and high prices, but signs of recovery are emerging, particularly in the frozen segment, according to expert Chris DuBois of Circana.
Beth Jarocki, chief customer officer at KIND Snacks, said modern shoppers are as focused as ever on consuming more protein, less sugar, and bolder, spicier flavors.
As consumers increasingly prioritize health and wellness, trends like gut health and intermittent fasting continue to gain traction. As a result, brands must take steps like monitoring online conversations to stay relevant in the evolving market.
Prebiotic sodas, like those from POPPI and OLIPOP, are marketed as healthy beverages with added fiber to support gut health. However, one registered dietitian noted that the trendy drinks can also cause digestive issues for some individuals.
Starbucks maintains customer loyalty despite higher prices by offering personalized options like mobile ordering and customization. While consumers are sensitive to price, experts feel Starbucks’ focus on convenience and atmosphere helps sustain its growth.
Piper Sandler’s “Taking Stock With Teens” survey reveals that Gen Z favors Chick-fil-A, Monster, and Goldfish, respectively. More than anything, brands that prioritize convenience and energy remain the top choices.
Food and beverage stakeholders already know that to guarantee a sale, one must meet consumers where they are. Today, that’s online. Nearly 70% of consumers purchase groceries online in some capacity, according to recent data …
Hurricane Milton, a Category 5 storm with winds up to 180 mph, is expected to hit Tampa Bay Wednesday, causing billions in damage to real estate and crops. Florida state officials have issued urgent warnings.
Two trends could shape the future of food and beverage: “rule rebellion,” where consumers indulge in unconventional food experiences, and “hybrid harvests,” where brands integrate tech with traditional farming for sustainable food systems.
Plant-based packaging is gaining momentum, prompted by environmental concerns, regulatory pressures, and corporate sustainability efforts. With a projected 9% CAGR in the plant-based packaging market expected through 2032, companies like Califia Farms are innovating with recyclable solutions.
AI is revolutionizing the consumer journey for CPG brands. Yet, while AI enhances predictive insights, concerns about data privacy and the balance between automation and human connection remain key considerations for brands, according to industry insiders.
Conversations around emerging technology, economic conditions, and differentiated workforces, took center stage at the 2024 Solutions Conference, hosted by the International Foodservice Distributors Association (IFDA).
PepsiCo’s acquisition of Siete Foods is a bold move, especially given that valuations in the Hispanic food space have traditionally been lower than expected. Siete’s better-for-you product line fits well into Pepsi’s snack portfolio, though.
The non-alcoholic beverage sector is seeing significant growth, with dollar sales of alcohol-free beer, wine, and spirits increasing, even making an appearance at Oktoberfest. Many consumers are opting for NA drinks to balance enjoyment and well-being.
How do consumers take their coffee in 2024? Early and often. Roughly 56% of consumers drink coffee daily. Industry experts feel RTD coffee drinks are poised for especially big things in the near-term.
McDonald’s is launching a Chicken Big Mac, a limited-time twist on its iconic Big Mac, starting October 10 at participating U.S. locations. The chain piloted the sandwich at an LA pop-up and is promoting it through a social media-driven campaign.
Magno Chocolates, founded by Colombian chocolatier Nataly Nicholls, blends high-quality ingredients and artistic craftsmanship to create premium chocolates rooted in the renowned “Fino de Aroma” cocoa. The woman-owned brand emphasizes ethical sourcing.
Once reserved for astronauts and the military, freeze-dried candy is now a growing trend in the confectionery market. By leveraging advanced freeze-drying technology, one company creates highly textured candies that have earned it a devoted following.
In just a few years, consumer snacking has evolved, driven by a greater focus on nutrient density and one’s emotional connection to food. This shift has accelerated the demand for healthier snacks that offer both pleasure and functionality.
Convenience stores have seen significant growth in 2024, with visits increasing 58.6% in August compared to 2021, driven by expanded food offerings and smaller, more frequent shopping trips.
A health scare inspired CEO Katie Lefkowitz to create gut-friendly snack bars. She ended up with a sweet solution in the form of date caramel candy bars.
Hurricane Helene caused significant agricultural damage in the Southeastern U.S. recently, affecting crops like soybeans and peanuts, along with poultry production. The storm’s long-term impact could strain supply chains too, experts note.
Japan is facing a rice shortage, with stocks at a 25-year low and prices at an 11-year high. The crisis highlights the vulnerability of Japan’s rice supply chain and may prompt efforts to develop new rice varieties.
At a recent International Foodservice Distributors Association (IFDA) event, stakeholders considered AI’s industry impact. Topics included supply chain dynamics, tech-enabled safety measures, and the need for in-person connectivity.
Halloween spending is expected to hit $11.6 billion this year, with nearly half of shoppers starting early to embrace the season. Confectionery sales are anticipated to grow by 3-5%.
The global edible insect market is slated to grow by $11.42 billion from 2024-28, with the growing food shortage as a contributing factor, as well as the high nutrient density and low rearing cost of insects. However, insects are often perceived as “unhygienic” in many cultures.
U.S. cookie sales are projected to reach $12.48 billion this year, with growth driven by demand for both indulgent treats and healthier, specialty options like gluten-free cookies. The trend reflects consumer demand for cleaner ingredients and allergen-free alternatives.
Rebellyous is set to unveil a production system that would enable the company to produce plant-based meat that competes in price and quality.
Across the U.S., national retailers are expanding both in their communities and testing new markets. Trader Joe’s alone expects 22 additional locations to open by year’s end.
The alternative meat market has struggled across the board in recent years, but some plant-based products are bearing the brunt. Sales of fresh, meatless chicken nuggets have sharply declined by 56.2% in 2024 – but why?
Economists warn of a potential recession in 2025. As a result, food and beverage companies must focus on innovation and sustainability as they navigate economic challenges and interest rate cuts.
Private label represents roughly 19% of the market. It offers brands and retailers an opportunity to deliver on price, taste, and quality.
A recent trend report by Yelp revealed that women-owned businesses saw a 17% increase in new openings across several industries in 2024, with book bars, colorful matcha concoctions, and “sleepy girl mocktails” on the rise.
The back-to-school shopping season has spread across multiple waves due to shifting consumer behavior. This trend may impact holiday shopping too, with retailers expecting slower sales growth.
Retailers have ramped up their merchandise deliveries amid a threatened strike by U.S. dockworkers that could disrupt the imminent holiday shopping season. 45,000 dockworkers are poised to walk out at 36 ports along the East and Gulf coasts following the expiration of the longshoremen’s six-year master contract, which expires on October 1.
A new report from Placer.ai highlights that grocery stores offering in-store healthcare services are seeing increased foot traffic, particularly from higher-income customers. Wellness offerings not only boost store visits but also enhance customer loyalty.
