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FOOD INSTITUTE
Get the latest news about the Food Industry, including exclusive member content such as industry data, podcasts, and videos. HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
ORGANIC FOOD GAINS POPULARITY AMID PANDEMIC Organic Food Gains Popularity Amid Pandemic. As consumers focus on health and wellness, organic foods are gaining popularity, reported Bloomberg (July 15). Sales of organic food and drinks surged 25% for the 17-week period ended June 27, according to Nielsen, which is faster than the pace of total growth in the food segment. WHY IS HARD SELTZER SO POPULAR WITH CONSUMERS? Hard seltzer typically contains around 5% alcohol content by volume and is lower in calories than most comparable alcoholic drinks. It’s also gluten free and low in sugar, giving off a healthier impression to consumers. But while the demand for “healthier” beverages among millennial and Gen Z consumers has helped drive the market, hard CHANGING FOOD TRENDS FUEL PASTA POPULARITY FOOD INDUSTRY TARGETS SUSTAINABILITY Several major food companies have recently announced new better-for-the-planet initiatives. Nestle Nestle will invest $3.6 billion over the next five years in an effort to fight climate change and plans to halve its carbon emissions by 2030, reported Bloomberg (Dec. 3) As part of the effort, Nespresso, Perrier, and San Pellegrino will become carbon-neutral by PLANT-BASED MEAT TREND CONTINUES TO GROW AMONG MAJOR Plant-based companies are finding a home in fast-food, as demand for meat-free options grows among consumers. About one-third of consumers said their consumption of various meat alternatives has increased over the past year, according to a Datassential survey conducted in January. The figures are similar for those who say they plan toincrease
CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
FOOD INSTITUTE
Get the latest news about the Food Industry, including exclusive member content such as industry data, podcasts, and videos. HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
ORGANIC FOOD GAINS POPULARITY AMID PANDEMIC Organic Food Gains Popularity Amid Pandemic. As consumers focus on health and wellness, organic foods are gaining popularity, reported Bloomberg (July 15). Sales of organic food and drinks surged 25% for the 17-week period ended June 27, according to Nielsen, which is faster than the pace of total growth in the food segment. WHY IS HARD SELTZER SO POPULAR WITH CONSUMERS? Hard seltzer typically contains around 5% alcohol content by volume and is lower in calories than most comparable alcoholic drinks. It’s also gluten free and low in sugar, giving off a healthier impression to consumers. But while the demand for “healthier” beverages among millennial and Gen Z consumers has helped drive the market, hard CHANGING FOOD TRENDS FUEL PASTA POPULARITY FOOD INDUSTRY TARGETS SUSTAINABILITY Several major food companies have recently announced new better-for-the-planet initiatives. Nestle Nestle will invest $3.6 billion over the next five years in an effort to fight climate change and plans to halve its carbon emissions by 2030, reported Bloomberg (Dec. 3) As part of the effort, Nespresso, Perrier, and San Pellegrino will become carbon-neutral by PLANT-BASED MEAT TREND CONTINUES TO GROW AMONG MAJOR Plant-based companies are finding a home in fast-food, as demand for meat-free options grows among consumers. About one-third of consumers said their consumption of various meat alternatives has increased over the past year, according to a Datassential survey conducted in January. The figures are similar for those who say they plan toincrease
CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
FOOD INSTITUTE
Get the latest news about the Food Industry, including exclusive member content such as industry data, podcasts, and videos.PODCAST ARCHIVES
BECOME A MEMBER. For close to 90 years, The Food Institute has been the best “single source” for food industry executives, delivering actionable information daily via email updates, weekly through The Food Institute Report and via a comprehensive web research library. RAPID DIGITAL CONVERGENCE PROPELS SHIFT TO OMNICHANNEL Pandemic pressure from consumers has supercharged e-commerce technology and triggered its rapid adoption, ultimately blurring the boundaries between traditional food categories like FI FAST BREAK: JUNE 9, 2021 This week, in The Food Institute's quick-hitting, audio news podcast, we break down QSR menu price hikes, alt-meat's ascent, and more. BREAKING NEWS: CAMPBELL REPORTS THIRD-QUARTER FISCAL 2021 During the pandemic, Campbell Soup and other CPG companies were winning back customers who were reaching for comfort food and pantry staples. However, as the economy began opening back up, COVID-19 purchasing trends began to wane. FOOD INDUSTRY FINANCIALS: INFLATION, CPB, AND MORE food industry employment breakdown, restaurant labor shortage, unemployment forecast, earnings from The J. M. Smucker Company (SJM)and more
CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
FI WEBINAR RECAP: SOLVING LABOR SHORTAGES IN THE FOOD Labor shortages have slowed the post-pandemic foodservice renaissance. FI RETAIL ROUNDUP: AMAZON’S PRIME DAY PLANS PROMPTING As COVID-19 eases in the U.S., retailers are preparing for business in a new, post-pandemic paradigm. Here are some recent highlights: IT’S SUBWAY OR THE HIGHWAY: FRANCHISEES, COMPANY FIGHT Subway franchisees feel the company is leaving them out to dry as new contract terms are presented HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
ORGANIC FOOD GAINS POPULARITY AMID PANDEMIC Organic Food Gains Popularity Amid Pandemic. As consumers focus on health and wellness, organic foods are gaining popularity, reported Bloomberg (July 15). Sales of organic food and drinks surged 25% for the 17-week period ended June 27, according to Nielsen, which is faster than the pace of total growth in the food segment. RISING FOOD PRICES REPRESENT AWAKENING RISK IN 2021 Rising Food Prices Represent Awakening Risk in 2021. New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from home indexes increased 0.4% after declining in November. Major grocery store food group indexes were mixed over the FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy WHY IS HARD SELTZER SO POPULAR WITH CONSUMERS? Hard seltzer typically contains around 5% alcohol content by volume and is lower in calories than most comparable alcoholic drinks. It’s also gluten free and low in sugar, giving off a healthier impression to consumers. But while the demand for “healthier” beverages among millennial and Gen Z consumers has helped drive the market, hard CHANGING FOOD TRENDS FUEL PASTA POPULARITY CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
COMPETITION IN PLANT-BASED MEAT The big players in the plant-based meat sector could have new competition. Kellogg Company could emerge as a larger threat to companies such as Beyond Meat Inc. and Impossible Foods Inc., according to a Piper Jaffray analyst, reported Bloomberg (Aug. 20).. MorningStar Farms, Kellogg’s division for plant-based foods, could offer innovation that is fresh, refrigerated, better tasting, or HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
ORGANIC FOOD GAINS POPULARITY AMID PANDEMIC Organic Food Gains Popularity Amid Pandemic. As consumers focus on health and wellness, organic foods are gaining popularity, reported Bloomberg (July 15). Sales of organic food and drinks surged 25% for the 17-week period ended June 27, according to Nielsen, which is faster than the pace of total growth in the food segment. RISING FOOD PRICES REPRESENT AWAKENING RISK IN 2021 Rising Food Prices Represent Awakening Risk in 2021. New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from home indexes increased 0.4% after declining in November. Major grocery store food group indexes were mixed over the FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy WHY IS HARD SELTZER SO POPULAR WITH CONSUMERS? Hard seltzer typically contains around 5% alcohol content by volume and is lower in calories than most comparable alcoholic drinks. It’s also gluten free and low in sugar, giving off a healthier impression to consumers. But while the demand for “healthier” beverages among millennial and Gen Z consumers has helped drive the market, hard CHANGING FOOD TRENDS FUEL PASTA POPULARITY CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
COMPETITION IN PLANT-BASED MEAT The big players in the plant-based meat sector could have new competition. Kellogg Company could emerge as a larger threat to companies such as Beyond Meat Inc. and Impossible Foods Inc., according to a Piper Jaffray analyst, reported Bloomberg (Aug. 20).. MorningStar Farms, Kellogg’s division for plant-based foods, could offer innovation that is fresh, refrigerated, better tasting, orFOOD INSTITUTE
Get the latest news about the Food Industry, including exclusive member content such as industry data, podcasts, and videos. PREMIUM PRIVATE LABELS CONTINUE TO DISRUPT GROCERY MARKET by Grace Garwood. April 23, 2021. The demand for private label grocery products remained strong throughout the pandemic, with higher-end premium lines driving sales for traditional grocers, clubs, and mass merchandisers. Now, Kroger plans to add 660 items to its private label offerings in 2021, 60% of which will be in premium lines. RISING FOOD PRICES REPRESENT AWAKENING RISK IN 2021 Rising Food Prices Represent Awakening Risk in 2021. New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from home indexes increased 0.4% after declining in November. Major grocery store food group indexes were mixed over the CONSUMER PERCEPTION DRIVES INTEREST IN PLANT-BASED EATING Consumer Perception Drives Interest in Plant-Based Eating. According to recent data from the Plant Based Food Association (PBFA), U.S. retail sales of plant-based foods outpaced total food sales during the pandemic by a considerable margin. Peak panic buying in mid-March saw plant-based food sales up 90% compared to the previous year. FI FAST BREAK: JUNE 9, 2021 This week, in The Food Institute's quick-hitting, audio news podcast, we break down QSR menu price hikes, alt-meat's ascent, and more. BREAKING NEWS: CAMPBELL REPORTS THIRD-QUARTER FISCAL 2021 During the pandemic, Campbell Soup and other CPG companies were winning back customers who were reaching for comfort food and pantry staples. However, as the economy began opening back up, COVID-19 purchasing trends began to wane. WILL MEAL KITS RETAIN SUCCESS POST-LOCKDOWN? The meal kit company reported $1.1 million in profit in the second quarter, a strong rise from a loss of $7.7 million one year ago. Average revenue per customer for the company surged to $331 versus $265 a year ago, which is a level of spending Blue Apron has not seen in five years. This helped boost revenue 10% to $131 million, a returnto
FI RETAIL ROUNDUP: AMAZON’S PRIME DAY PLANS PROMPTING As COVID-19 eases in the U.S., retailers are preparing for business in a new, post-pandemic paradigm. Here are some recent highlights: CHIPOTLE HIKES MENU PRICES AS INFLATION LOOMS Chipotle Mexican Grill isn’t just boosting wages for its workers; it’s also increasing menu prices by nearly 4% to cover those raises. DOORDASH CEO’S PAY PACKAGE LATEST TO RAISE EYEBROWS The 2020 pay package of DoorDash CEO Tony Xu far exceeded that of most S&P 500 CEOs. However, it’s not the only one to raise eyebrows. HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
ORGANIC FOOD GAINS POPULARITY AMID PANDEMIC Organic Food Gains Popularity Amid Pandemic. As consumers focus on health and wellness, organic foods are gaining popularity, reported Bloomberg (July 15). Sales of organic food and drinks surged 25% for the 17-week period ended June 27, according to Nielsen, which is faster than the pace of total growth in the food segment. RISING FOOD PRICES REPRESENT AWAKENING RISK IN 2021 Rising Food Prices Represent Awakening Risk in 2021. New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from home indexes increased 0.4% after declining in November. Major grocery store food group indexes were mixed over the FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy WHY IS HARD SELTZER SO POPULAR WITH CONSUMERS? Hard seltzer typically contains around 5% alcohol content by volume and is lower in calories than most comparable alcoholic drinks. It’s also gluten free and low in sugar, giving off a healthier impression to consumers. But while the demand for “healthier” beverages among millennial and Gen Z consumers has helped drive the market, hard CHANGING FOOD TRENDS FUEL PASTA POPULARITY CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
COMPETITION IN PLANT-BASED MEAT The big players in the plant-based meat sector could have new competition. Kellogg Company could emerge as a larger threat to companies such as Beyond Meat Inc. and Impossible Foods Inc., according to a Piper Jaffray analyst, reported Bloomberg (Aug. 20).. MorningStar Farms, Kellogg’s division for plant-based foods, could offer innovation that is fresh, refrigerated, better tasting, or HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
ORGANIC FOOD GAINS POPULARITY AMID PANDEMIC Organic Food Gains Popularity Amid Pandemic. As consumers focus on health and wellness, organic foods are gaining popularity, reported Bloomberg (July 15). Sales of organic food and drinks surged 25% for the 17-week period ended June 27, according to Nielsen, which is faster than the pace of total growth in the food segment. RISING FOOD PRICES REPRESENT AWAKENING RISK IN 2021 Rising Food Prices Represent Awakening Risk in 2021. New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from home indexes increased 0.4% after declining in November. Major grocery store food group indexes were mixed over the FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy WHY IS HARD SELTZER SO POPULAR WITH CONSUMERS? Hard seltzer typically contains around 5% alcohol content by volume and is lower in calories than most comparable alcoholic drinks. It’s also gluten free and low in sugar, giving off a healthier impression to consumers. But while the demand for “healthier” beverages among millennial and Gen Z consumers has helped drive the market, hard CHANGING FOOD TRENDS FUEL PASTA POPULARITY CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
COMPETITION IN PLANT-BASED MEAT The big players in the plant-based meat sector could have new competition. Kellogg Company could emerge as a larger threat to companies such as Beyond Meat Inc. and Impossible Foods Inc., according to a Piper Jaffray analyst, reported Bloomberg (Aug. 20).. MorningStar Farms, Kellogg’s division for plant-based foods, could offer innovation that is fresh, refrigerated, better tasting, orFOOD INSTITUTE
Get the latest news about the Food Industry, including exclusive member content such as industry data, podcasts, and videos. RISING FOOD PRICES REPRESENT AWAKENING RISK IN 2021 Rising Food Prices Represent Awakening Risk in 2021. New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from home indexes increased 0.4% after declining in November. Major grocery store food group indexes were mixed over the FOOD AS MEDICINE: A PRIMER ON A GROWING TREND A: (Thrupp): CalFIMC’s medically-tailored “meals include nutrient-rich whole food, including fruits, vegetables, legumes, nuts, seeds, whole grains, seafood, and lean animal protein, and they’re adapted for the prevention, reversal, or treatment of specific health conditions. In sum, we support and believe in this approach of food as medicine because of evidence that it is effective and FOOD AS MEDICINE: A TRANSFORMATIVE APPROACH TO HEALTH In this Food Institute webinar, we invited two leaders in the food as medicine industry -- Viome executives Naveen Jain (CEO) and Momo Vuyisich (Chief Science Officer) -- to share how their company is tackling health-related issues with the latest science behind the gut microbiome. Find out how Viome is specifically leveraging the science behind gene expression to deliver truly personalized FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy FOOD INDUSTRY TARGETS SUSTAINABILITY Several major food companies have recently announced new better-for-the-planet initiatives. Nestle Nestle will invest $3.6 billion over the next five years in an effort to fight climate change and plans to halve its carbon emissions by 2030, reported Bloomberg (Dec. 3) As part of the effort, Nespresso, Perrier, and San Pellegrino will become carbon-neutral by PLANT-BASED PROTEIN MOMENTUM NOT SLOWING DOWN Plant-Based Protein Momentum Not Slowing Down. While plant-based protein still makes up a small portion of the overall protein market, the segment has been gaining significant traction. The plant-based proteins market is expected to grow at a CAGR of 9.5% through 2027 and reach a value of $21.23 billion, according to Meticulous MarketResearch.
CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
COMPETITION IN PLANT-BASED MEAT The big players in the plant-based meat sector could have new competition. Kellogg Company could emerge as a larger threat to companies such as Beyond Meat Inc. and Impossible Foods Inc., according to a Piper Jaffray analyst, reported Bloomberg (Aug. 20).. MorningStar Farms, Kellogg’s division for plant-based foods, could offer innovation that is fresh, refrigerated, better tasting, or BANKRUPTCIES ON THE RISE ACROSS U.S. The U.S. arm reported a nearly $17 million loss on $153 million in sales in 2019. In April, FoodFirst Global Restaurants, the parent company of the Brio Italian Mediterranean and Bravo Fresh Italian restaurant chains, filed for Chapter 11 bankruptcy, reported Business Insider (May 27). The company said that 71 of its 92 restaurantstemporarily
HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
ORGANIC FOOD GAINS POPULARITY AMID PANDEMIC Organic Food Gains Popularity Amid Pandemic. As consumers focus on health and wellness, organic foods are gaining popularity, reported Bloomberg (July 15). Sales of organic food and drinks surged 25% for the 17-week period ended June 27, according to Nielsen, which is faster than the pace of total growth in the food segment. RISING FOOD PRICES REPRESENT AWAKENING RISK IN 2021 Rising Food Prices Represent Awakening Risk in 2021. New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from home indexes increased 0.4% after declining in November. Major grocery store food group indexes were mixed over the FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
ORGANIC FOOD GAINS POPULARITY AMID PANDEMIC Organic Food Gains Popularity Amid Pandemic. As consumers focus on health and wellness, organic foods are gaining popularity, reported Bloomberg (July 15). Sales of organic food and drinks surged 25% for the 17-week period ended June 27, according to Nielsen, which is faster than the pace of total growth in the food segment. RISING FOOD PRICES REPRESENT AWAKENING RISK IN 2021 Rising Food Prices Represent Awakening Risk in 2021. New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from home indexes increased 0.4% after declining in November. Major grocery store food group indexes were mixed over the FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy WHY IS HARD SELTZER SO POPULAR WITH CONSUMERS? Hard seltzer typically contains around 5% alcohol content by volume and is lower in calories than most comparable alcoholic drinks. It’s also gluten free and low in sugar, giving off a healthier impression to consumers. But while the demand for “healthier” beverages among millennial and Gen Z consumers has helped drive the market, hard CHANGING FOOD TRENDS FUEL PASTA POPULARITY CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
COMPETITION IN PLANT-BASED MEAT The big players in the plant-based meat sector could have new competition. Kellogg Company could emerge as a larger threat to companies such as Beyond Meat Inc. and Impossible Foods Inc., according to a Piper Jaffray analyst, reported Bloomberg (Aug. 20).. MorningStar Farms, Kellogg’s division for plant-based foods, could offer innovation that is fresh, refrigerated, better tasting, orFOOD INSTITUTE
Get the latest news about the Food Industry, including exclusive member content such as industry data, podcasts, and videos. RISING FOOD PRICES REPRESENT AWAKENING RISK IN 2021 Rising Food Prices Represent Awakening Risk in 2021. New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from home indexes increased 0.4% after declining in November. Major grocery store food group indexes were mixed over the FOOD AS MEDICINE: A PRIMER ON A GROWING TREND A: (Thrupp): CalFIMC’s medically-tailored “meals include nutrient-rich whole food, including fruits, vegetables, legumes, nuts, seeds, whole grains, seafood, and lean animal protein, and they’re adapted for the prevention, reversal, or treatment of specific health conditions. In sum, we support and believe in this approach of food as medicine because of evidence that it is effective and FOOD AS MEDICINE: A TRANSFORMATIVE APPROACH TO HEALTH In this Food Institute webinar, we invited two leaders in the food as medicine industry -- Viome executives Naveen Jain (CEO) and Momo Vuyisich (Chief Science Officer) -- to share how their company is tackling health-related issues with the latest science behind the gut microbiome. Find out how Viome is specifically leveraging the science behind gene expression to deliver truly personalized FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy FOOD INDUSTRY TARGETS SUSTAINABILITY Several major food companies have recently announced new better-for-the-planet initiatives. Nestle Nestle will invest $3.6 billion over the next five years in an effort to fight climate change and plans to halve its carbon emissions by 2030, reported Bloomberg (Dec. 3) As part of the effort, Nespresso, Perrier, and San Pellegrino will become carbon-neutral by PLANT-BASED PROTEIN MOMENTUM NOT SLOWING DOWN Plant-Based Protein Momentum Not Slowing Down. While plant-based protein still makes up a small portion of the overall protein market, the segment has been gaining significant traction. The plant-based proteins market is expected to grow at a CAGR of 9.5% through 2027 and reach a value of $21.23 billion, according to Meticulous MarketResearch.
CAN U.S. RETAILERS NET RECORD SEAFOOD SALES AGAIN IN 2021 The top 10 selling seafood in the fresh department, in order, were: salmon, crab, shrimp, lobster, catfish, tilapia, cod, scallops, tuna, and trout. Crab led the top five sales gainers in the category, followed by lobster, snapper, crab/seafood cakes, and halibut. With salmon remaining a top seller with a 19% increase, Roernik noted thatfresh
COMPETITION IN PLANT-BASED MEAT The big players in the plant-based meat sector could have new competition. Kellogg Company could emerge as a larger threat to companies such as Beyond Meat Inc. and Impossible Foods Inc., according to a Piper Jaffray analyst, reported Bloomberg (Aug. 20).. MorningStar Farms, Kellogg’s division for plant-based foods, could offer innovation that is fresh, refrigerated, better tasting, or BANKRUPTCIES ON THE RISE ACROSS U.S. The U.S. arm reported a nearly $17 million loss on $153 million in sales in 2019. In April, FoodFirst Global Restaurants, the parent company of the Brio Italian Mediterranean and Bravo Fresh Italian restaurant chains, filed for Chapter 11 bankruptcy, reported Business Insider (May 27). The company said that 71 of its 92 restaurantstemporarily
FOOD INSTITUTE
Get the latest news about the Food Industry, including exclusive member content such as industry data, podcasts, and videos. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
PREMIUM PRIVATE LABELS CONTINUE TO DISRUPT GROCERY MARKET by Grace Garwood. April 23, 2021. The demand for private label grocery products remained strong throughout the pandemic, with higher-end premium lines driving sales for traditional grocers, clubs, and mass merchandisers. Now, Kroger plans to add 660 items to its private label offerings in 2021, 60% of which will be in premium lines. FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy WHY IS HARD SELTZER SO POPULAR WITH CONSUMERS? Hard seltzer typically contains around 5% alcohol content by volume and is lower in calories than most comparable alcoholic drinks. It’s also gluten free and low in sugar, giving off a healthier impression to consumers. But while the demand for “healthier” beverages among millennial and Gen Z consumers has helped drive the market, hard WILL MEAL KITS RETAIN SUCCESS POST-LOCKDOWN? The meal kit company reported $1.1 million in profit in the second quarter, a strong rise from a loss of $7.7 million one year ago. Average revenue per customer for the company surged to $331 versus $265 a year ago, which is a level of spending Blue Apron has not seen in five years. This helped boost revenue 10% to $131 million, a returnto
COMPETITION IN PLANT-BASED MEAT The big players in the plant-based meat sector could have new competition. Kellogg Company could emerge as a larger threat to companies such as Beyond Meat Inc. and Impossible Foods Inc., according to a Piper Jaffray analyst, reported Bloomberg (Aug. 20).. MorningStar Farms, Kellogg’s division for plant-based foods, could offer innovation that is fresh, refrigerated, better tasting, or CHANGING FOOD TRENDS FUEL PASTA POPULARITYFOOD INSTITUTE
Get the latest news about the Food Industry, including exclusive member content such as industry data, podcasts, and videos. PROSPECTS FOR PLANT-BASED IPOS IN 2021 This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial. What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how Impossible Foods, Oatly, and Chobani could go public this year, and whether consumer demand for plant-based products could propel them to record-breaking HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. HOW COVID IS CHANGING SNACKING HABITS More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information Council. “Cooking more at home is, not surprisingly, the biggest change, but many are also snacking moreandthinking about
PREMIUM PRIVATE LABELS CONTINUE TO DISRUPT GROCERY MARKET by Grace Garwood. April 23, 2021. The demand for private label grocery products remained strong throughout the pandemic, with higher-end premium lines driving sales for traditional grocers, clubs, and mass merchandisers. Now, Kroger plans to add 660 items to its private label offerings in 2021, 60% of which will be in premium lines. FOOD COMPANIES PIVOTING TO DIRECT-TO-CONSUMERS MODELS Food Companies Pivoting to Direct-to-Consumers Models. In an uncertain retail environment during COVID-19, CPG companies are accelerating their direct-to-consumer (DTC) efforts. Pandemic aside, CPG companies have been facing competition from retailer brands and digitally native vertical brands, so selling direct is a good opportunity for legacy WHY IS HARD SELTZER SO POPULAR WITH CONSUMERS? Hard seltzer typically contains around 5% alcohol content by volume and is lower in calories than most comparable alcoholic drinks. It’s also gluten free and low in sugar, giving off a healthier impression to consumers. But while the demand for “healthier” beverages among millennial and Gen Z consumers has helped drive the market, hard WILL MEAL KITS RETAIN SUCCESS POST-LOCKDOWN? The meal kit company reported $1.1 million in profit in the second quarter, a strong rise from a loss of $7.7 million one year ago. Average revenue per customer for the company surged to $331 versus $265 a year ago, which is a level of spending Blue Apron has not seen in five years. This helped boost revenue 10% to $131 million, a returnto
COMPETITION IN PLANT-BASED MEAT The big players in the plant-based meat sector could have new competition. Kellogg Company could emerge as a larger threat to companies such as Beyond Meat Inc. and Impossible Foods Inc., according to a Piper Jaffray analyst, reported Bloomberg (Aug. 20).. MorningStar Farms, Kellogg’s division for plant-based foods, could offer innovation that is fresh, refrigerated, better tasting, or CHANGING FOOD TRENDS FUEL PASTA POPULARITY HOW COVID-19 IS IMPACTING EATING Eating driven by boredom also increased, going from 4% of all occasions in 2019 to 7% in 2020. Consumption of ready-to-eat foods and beverages is the highest among afternoon and evening snacks when boredom plays a stronger role. On the other hand, health is becoming a priority—particularly in the early morning. ORGANIC FOOD GAINS POPULARITY AMID PANDEMIC Organic Food Gains Popularity Amid Pandemic. As consumers focus on health and wellness, organic foods are gaining popularity, reported Bloomberg (July 15). Sales of organic food and drinks surged 25% for the 17-week period ended June 27, according to Nielsen, which is faster than the pace of total growth in the food segment. FOOD AS MEDICINE: A PRIMER ON A GROWING TREND A: (Thrupp): CalFIMC’s medically-tailored “meals include nutrient-rich whole food, including fruits, vegetables, legumes, nuts, seeds, whole grains, seafood, and lean animal protein, and they’re adapted for the prevention, reversal, or treatment of specific health conditions. In sum, we support and believe in this approach of food as medicine because of evidence that it is effective and WILL MEAL KITS RETAIN SUCCESS POST-LOCKDOWN? The meal kit company reported $1.1 million in profit in the second quarter, a strong rise from a loss of $7.7 million one year ago. Average revenue per customer for the company surged to $331 versus $265 a year ago, which is a level of spending Blue Apron has not seen in five years. This helped boost revenue 10% to $131 million, a returnto
FOOD INDUSTRY GIVES BACK Additionally, several companies are making an effort to support the bar and brewery industries, which are struggling to survive. For example, beer rating app Untappd launched an in-app feature called Greglist, reported Food & Wine (March 27). It automatically generates a list of nearby venues or consumers can search by venue name or city. CUSTOMER DEVELOPMENT STRATEGIES IN A POST-PANDEMIC The pandemic has forever changed the foodservice industry, especially how suppliers acquire and develop customers. DOORDASH CEO’S PAY PACKAGE LATEST TO RAISE EYEBROWS The 2020 pay package of DoorDash CEO Tony Xu far exceeded that of most S&P 500 CEOs. However, it’s not the only one to raise eyebrows. BREAKING NEWS: WENDY’S BECOMES LATEST BRAND TO SEE STOCKS Wendy’s soared to an all-time high in early trading on a move being attributed to positive mentions and meme spotlights on news aggregation and discussion website Reddit. HELLOFRESH OUTPACING MEAL KIT COMPETITION In the first quarter of 2021, HelloFresh’s sales increased by 37%, which has helped fuel the meal-kit company's expansion plans. CAN INNOVATION PRESERVE INSTANT SOUP’S POPULARITY? The global soup market is projected to reach $21 billion by 2027, with the instant category holding the largest share, at 36.78%. we offer the best and cheap swiss made rolex replica.
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Bond Pet Foods and Because Animals are both developing pet foods made with cell-cultured meat products.Full story:
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The shopping method called click-and-collect — in which an order is placed online, but the shopper picks up the order at the store — is outpacing delivery these days. Here's a look at some of the factors at play, based off a recentreport:
https://foodinstitute.com/focus/analyst-fresh-opportunities-...#ecommerce
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Many #retailers are currently trying to make up for losses by shrinking package size – fewer ounces here, fewer sheets there – while keeping prices steady. Read more - http://ow.ly/ijkJ50F3pot #inflation #shrinkflation#food
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