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Food Industry Attracts Major Investments

Several notable food business investments occurred the last few weeks. Some of the more interesting ventures involve Apeel Sciences, Slice, and Albertsons Cos.—all of which will impact the industry in their own way. Apeel Sciences …

How Receptive are Consumers to Agricultural Biotech?

After decades of being sidelined by consumers concerned over whether they were safe, foods made with genetically modified organisms, or GMOs, may finally find a place on more meal plates along with other new agricultural …

Food Institute Report

Food Industry Attracts Major Investments Several notable food business investments occurred the last few weeks. Some of the more interesting ventures involve Apeel Sciences, Slice, and Albertsons Cos.—all of which will impact the industry in ...

Notable Executive Changes

Significant executive moves occurred throughout May, as can be seen in the Top Industry Executive Appointments table below. Many of these changes involved executives leaving positions at prominent companies for other major players in the …

Avoiding Pest Infestation in Dry Ingredients

With heightened attention surrounding the spread of diseases, now more than ever, it’s important to ensure safe production and distribution of food. As consumers turn to non-perishable products during the pandemic, dry ingredients are king, …

U.S., Brazil, and China: Commodities Amid Coronavirus

The U.S., Brazil, and China form an interesting trade triangle when it comes to certain commodities, and the coronavirus pandemic has added new wrinkles into the balance. China was the first country to experience the …

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Drive-Thrus Emerge as Sustainable Approach During Pandemic

During the coronavirus pandemic, drive-thrus have become a crucial element for restaurants. In March, drive-thrus generated $8.3 billion across the fast food industry, an increase from $8 billion in sales over the same period in …

Food Distributors Place New Focus on Truck Fleet Utilization

Food distributors are unfortunately expected to feel significant losses from the COVID-19 pandemic and containment efforts. According to Mark Allen, CEO of the International Foodservice Distributors Association, or IFDA, the industry is expected to lose …

Consumer Buying Patterns During COVID-19

GlobalData found 83% of global consumers were concerned about COVID-19, with 62% expecting the situation to worse. The analysts noted people were living in an “anxiety economy,” meaning that as stress and uncertainty are significantly …

Coronavirus Causes Strain on Meat Supply Chain

Meatpacking facilities across the U.S. have become hot spots for the coronavirus, impacting production of chicken, beef, and pork and causing worry about the nation’s food supply, reported The Wall Street Journal (April 28). In …

Restaurant Life After Lockdown

As lockdown requirements around the country loosen, foodservice establishments are adopting best practices for dine-in service in a post-COVID-19 world—thanks to the guidelines put forth by both government agencies and restaurant industry organizations. Federal Recommendations …