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CPI Data: Food Costs Continue to Rise in March

In News, Research, Trends by Kristen Runvik0 Comments

The upward trend of food costs continues. In March, the overall food index rose 0.3%, following a 0.2% increase in February, according the latest Consumer Price Index (CPI) report. Here’s a closer look at the March Index numbers. Steady price hikes for food at home and away from home The cost of both food at home and away from home …

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What Millennial Consumers Expect from the Food Industry

In Trends by Kristen Runvik0 Comments

92 million. That’s the number of people in the largest living generation. No, not Baby Boomers. Millennials. This generation is different in many ways from their predecessors, especially when it comes to food. They want healthy. They want authentic. And they want it right now. Millennials are challenging the food industry to keep up with their demands, from clean labels …

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Potassium-Rich Food Reduces Blood Pressure? Study Says Yes

In Research, Trends by Kristen Runvik0 Comments

What do sweet potatoes, avocados, spinach, beans — and even coffee — have in common? The ability to lower blood pressure, even in high sodium diets, according to a new study published in the American Journal of Physiology. The researchers Alicia McDonough, Luciana Veiras, Claire Guevara, and Donna Ralph looked at the relationship between blood pressure and dietary sodium, potassium, …

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Ag Producer Sentiment Fell in March, Still Relatively High

In News, Trends by Krista Garver0 Comments

Agricultural producer sentiment, as measured by the Purdue University/CME Group Ag Economy Barometer, fell in March. This marks the second month of decline, after a 3-month increase following the election. Despite the recent decrease, producer sentiment is still high compared to most months going back to October 2015, when the survey was first conducted. The March decline is due mostly to …

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Consumers Confused About Food Labels: Report

In News, Research, Trends by Kristen Runvik0 Comments

Consumers around the world find food labels, nutritional information, and food production confusing, according to a new survey by Kynetec, commissioned by The Enough Movement. The results show that 80% of consumers look at food labels and food claims. But labels with “organic,” “no hormones added,” and “antibiotic free” shift consumers’ perceptions about what food labels really mean — and …

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CPI Data: Food Prices Increased in February

In News, Research, Trends by Kristen Runvik0 Comments

The price of food rose 0.2% for U.S. consumers in February, following a 0.1% increase to start the year, says the latest Consumer Price Index (CPI). Overall, food prices remained flat last month compared to February 2016. The food and drink index increased last month across the board. While it isn’t a competition (or is it?), non-alcoholic beverages topped the …

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Kombucha Bubbles Up 41%

In News, Trends by Melissa Schmitz0 Comments

In 2016, the kombucha market increased 41%, according to a Beverage Marketing Corporation as reported in Beverage Industry. The beverage made its market debut 15 years ago and had a fruitful fermentation of business in its imbiber base before bursting up to $534 million wholesale last year. Kombucha has officially bubbled up the market chain from a foodie novelty to …

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Convenience Will Drive Growth in Demand for Poultry Packaging

In Research, Trends by Krista Garver0 Comments

The demand for RTE poultry packaging products will reach $450 million by 2021, according to new research from the Freedonia Group. Growth in the packaging sector will be boosted by growth in the overall prepared foods market, “as consumers continue to see convenient, affordable meal options that require little or no preparation.” Here are some of the key findings from the report: …