Organic Growth Continues, Even Amidst Inflation
The quarterly percentage of American adults who say they purchase organic food regularly (or, “every chance I get,”) is up two percentage points since the first quarter of 2021, reaching 12%.
The quarterly percentage of American adults who say they purchase organic food regularly (or, “every chance I get,”) is up two percentage points since the first quarter of 2021, reaching 12%.
“Remember that running a food and beverage business can sometimes be akin to ‘buying yourself a job;’ it may not always guarantee immediate or substantial returns on investment.”
McDonald’s has nearly as much brand magnetism with Gen Z as Dwayne “The Rock” Johnson or Ariana Grande. And in 2023, the purple-hued force of attraction that connected the burger giant with young consumers was …
Dynamic pricing in retail requires patience, data diligence, and knowledge of the local market, and consumers are receptive of the practice.
There is no new normal and innovation will continue to advance at lightning speed.
Blumenthal said one of the major positive shifts he had seen since the pandemic was an increased focus on collaboration across the foodservice continuum.
Among the plant-based options highlighted at a recent PLMA event were convenient, handheld snacks such as porkless carnitas and alternative chicken fries.
Climate change is shifting from being a looming threat to an active influencer of consumer choices. The most recent EY Future Consumer Index offers a deep dive into the ways climate change is starting to …
U.S. milk and butterfat production experienced parallel growth at 24% from 1995 to 2010. Since then, however, production has exploded, particularly for butterfat, pushing 27% growth.
In a telling report from Qualtrics, 28% of Gen Z and millennials say student loan repayments will make the holidays unaffordable this year.
Eli Lilly’s Zepbound, recently approved by the FDA, is the most potent weight-loss drug yet. Could it impact the food industry? At least one expert says ‘yes.’
Over the next two decades there will be a major transfer of wealth—collectively, around $84 trillion—from baby boomers to younger generations including their Gen X children.
In an era of increased greenwashing and many companies abandoning once-ambitious ESG plans altogether, Walmart appears to be making real strides toward helping reduce food waste, solve food deserts, and burnishing its worldwide brand a little more.
It’s no secret that consumers are dealing with a lot right now—emergency SNAP benefits ended, student loan payments restarted, and food inflation has persisted—putting many grocery consumers in a bind and ultimately changing how they …
Food manufacturers have seen their profits fall in the past year, forcing them to pass along increases for raw materials, energy, transportation, and packaging.
LSEG analysts estimated Amazon’s advertising business will increase nearly $3 billion over last year’s fourth quarter to $14.2 billion as a result, Reuters reported.
Edible insects have all the makings of a smash hit in the alternative protein sector. The big problem? U.S. consumers might not want to eat bugs.
Demand for instant noodles jumped 2.6% globally to a record high of 121.2 billion servings last year, according to the World Instant Noodles Association, and 2023 marked the seventh consecutive year of instant noodle growth and consumption.
E-commerce has not only failed to kill the great American retail experience but is helping it thrive as sales associates and vendors large and small are using the omnichannel to attract customers, enhance sales, and reduce customer acquisition costs.
Rite Aid, one of the largest pharmacy chains in America, is facing a major financial restructuring, with plans to close 154 stores. The 61-year-old pharmacy chain recently filed for Chapter 11 bankruptcy and named new …
While fresh is an important category for grocers, the waste caused by perishables can have a significant impact on the bottom line. A study by RELEX found that 74% of retailers say fresh products are …
Milk alternatives are a key growth driver for the plant-based industry. What keeps shoppers coming back for more?
Like session beers, Guiver said many ciders feature a higher ABV than what many people are used to (or remember!). “We’re seeing more ciders with ABVs of 7% or more as customer trends change,” she added, “and cider is walking this line of tradition as well as approachability and innovation.”
If you have a difficult time starting your day unless you’ve had your morning cup (or three) of coffee, you’re not alone. Roughly 90 percent of Americans consume caffeine regularly, according to the United Brain …
Today’s shoppers care about what’s in their food, and they are not afraid to check the label—but what exactly are they looking for? Standing in the grocery aisle, squinting at the product in hand, there …
Brace yourself for a sea of Swifties, Barbies, Spider-Men…and many requests for peanut butter cups. According to new research from Acosta Group, Halloween 2023 appears likely to feature tons of Taylor Swift costumes and bulk …
As the plant-based industry grapples with plateauing sales at retail, company leaders from alt-meat to tofu are turning a critical eye toward in-store marketing to boost household penetration.
Major retailers including Target, Walmart, Whole Foods, Walgreens, and CVS have all recently decided to close locations across major US cities, raising concerns about the future of retail in some of the most distinguished business …
As 2023 winds down, Whole Foods Market has released its top 10 anticipated food trends for 2024 – including whole cacao, buckwheat, and more.
The lines between grocery store and restaurant have been blurring for some time now as retailers offer more takeout options for busy shoppers, but the concept can go beyond grabbing dinner while picking up groceries. …
The contemporary C-store is not just a place of commerce and connection, but community and expanded food/bev services. No Loitering signs are giving way to invitations to pull up, sit down, and stay a while.
Correction: Gooder Foods notes that the Goodles’ retail distribution is 35,000 distribution points, not store locations. This means their brand velocities are most likely higher than depicted below in the original piece. If Gooder Foods …
Shorter attention spans and higher expectations have made it harder for retailers across the industry—grocers included—to capture the interest of the modern consumer. While it can be tricky to connect with today’s busy, price-conscious shopper, …
The biggest supply chain disruptions in recent memory have passed but their impacts are still being felt by cautious consumers. According to a recent Ipsos poll, nearly two-thirds (65%) of Americans say that grocery stock …
In the age of transparency, nearly half (45%) of shoppers have heard of greenwashing and one-third (33%) are skeptical of green labels and sustainability claims.
What are the major trends shaping the natural and organic products industry today? The Food Institute checked in with industry analysts on the floor at Expo East 2023 to glean the top trends and takeaways …