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Food Companies Pump Up Investment in Plant-Based Products

In News, Trends by Kristen Runvik0 Comments

Tofu and almond milk aren’t just for vegans anymore. Before you say “eww.” chew on this: in 2016, the U.S. plant-based market topped $5 billion in sales. Leading the charge is plant-based “milk.” Dairy alternatives alone are expected to grow globally from $8.2 billion in 2014 to $19.5 billion in 2020, says the Plant Based Foods Association.   Add that nearly …

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Robust Organic Sector Stays on Upward Climb, Posts New Records in U.S. Sales

In News, Press Releases, Trends by Press0 Comments

WASHINGTON, May 24, 2017 /PRNewswire-USNewswire/ — The robust American organic sector stayed on its upward trajectory in 2016, gaining new market share and shattering records, as consumers across the United States ate and used more organic products than ever before, according to the Organic Trade Association’s (OTA’s) 2017 Organic Industry Survey released Wednesday at OTA’s Annual Policy Conference. Organic sales in …

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Food Manufacturing Forecast Looks Good in ISM Report

In News, Trends by Krista Garver0 Comments

This week, the Institute for Supply Management released its latest forecast showing continued economic growth across both manufacturing and non-manufacturing sectors. Here’s what manufacturing executives expect for the rest of this year, focusing on food: Revenue. Nearly two-thirds of respondents expect revenues to be greater in 2017 compared to 2016, with 17 of the 18 industries (including food) reporting expectations …

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3 Obstacles to IIoT Adoption in Food Manufacturing

In Trends by Krista Garver0 Comments

The Industrial Internet of Things (IIoT) has been compared to electricity in terms of its potential to fundamentally change how we work. For manufacturing in particular, the IIoT opportunity is immense as companies look for ways to survive in the face of increased competition, tighter regulations, and an aging workforce. In the food industry, manufacturers are embracing the IIoT as …

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Fresh Veggie Prices Soar in April, Food Prices Still Increasing: CPI Data

In News, Trends by Kristen Runvik0 Comments

Fresh veggies got 5.1% more expensive last month, says the latest Consumer Price Index (CPI) report. This represents the category’s largest price hike since February 2011. Despite 4 of the 5 major grocery groups falling in price, the overall food index rose 0.2% in April following +0.3% in March and +0.2% in February. Here’s a closer look how food prices …

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Chocolate, Candy to Become a Less Guilty Pleasure

In News, Trends by Krista Garver0 Comments

In a press release issued this week, several chocolate and candy companies announced that, over the next five years, they will make moves to help consumers manage their sugar intake and make healthier choices by cutting portion sizes, putting calorie information front and center, and providing more consumer education. The companies are Mars Chocolate, Wrigley, Nestlé USA, Ferrero, Lindt, Ghirardelli, …

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Major U.S. Poultry Companies Ditching Antibiotics

In News, Trends by Kristen Runvik0 Comments

Top U.S. poultry companies are ending human antibiotic use in their supply chain by implementing disinfectant wipes, sterilizing fog, and immune-supporting herbs. Tyson, KFC, and Perdue, among other producers, are shifting their approach to poultry health due to consumer demand for meat raised without human antibiotics and to address the rise of antibiotic-resistant bacteria in humans. Tyson Foods announced in …

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Online Grocery Shopping is a Booming Business

In News, Trends by Melissa Schmitz0 Comments

More than 50 million people are purchasing their groceries online, says a new study from the NPD group. The customers most likely to shop for groceries online are men, particularly those between 18 and 44.    Other key points from the study: Millennials and Gen Z are more likely to engage in online grocery shopping than other groups. More than …

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Ag Producer Sentiment Grew in April Following Two-Month Decline

In News, Trends by Kristen Runvik0 Comments

Agricultural producer sentiment inched up in April following a two-month decline, as reported in the latest Purdue University/CME Group Ag Economy Barometer. The boost in optimism came despite the fact that producers and agricultural thought leaders expect the price of corn and soybeans to weaken. Survey results continue to show that sentiment is not determined solely by profitability. The year …

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Engaging Tomorrow’s Food Industry Workers

In Trends by Kristen Runvik0 Comments

An estimated 3.5 million manufacturing jobs will open by 2025 as older workers retire. Unless the new generation of workers see food manufacturing as an opportunity and are properly trained for the role, 2 million jobs will remain unfilled. So what does it take to engage and inspire the emerging workforce? And how can companies show up-and-coming workers there’s a …