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6 Ways the Food Industry is Changing to Appeal to Millennials

In Trends by Kristen Runvik0 Comments

There’s no doubt about it: Millennials are a force to be reckoned with. This group now makes up the largest living generation — and they harness an annual spending power topping $200 billion. That’s a lot of people — and a lot of cash! For the food industry, Millennials represent a challenge and an opportunity because they have different demands …

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The Future of Sweets and Snacks

In Trends by Melissa Schmitz0 Comments

“Snacking is a behavior, not a category,” said Lynn Dornblaser, Mintel’s director of innovation and insights, during the Sweets & Snacks Expo earlier this month, according to Food Business News. In a presentation, she discussed trends in sweets and snacks and where the industry segment is currently headed. Here are the highlights: Any food can be a snack. This allows …

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Gluten-Free Products Market Size Worth $33.05 Billion by 2025: Grand View Research, Inc.

In News, Press Releases, Trends by Press0 Comments

SAN FRANCISCO, May 30, 2017 /PRNewswire/ — The global gluten-free products market is expected to reach USD 33.05 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness substantial growth over the forecast period mainly on account of the rising incidences of celiac disease, diabetes as well as obesity across the developed economies. …

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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 87% …

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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 …