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Study: Consumers Value Food Naturalness, Whatever That Is

In Research, Trends by Krista Garver0 Comments

Results of a new study show that food naturalness is very important to consumers and that this factor influences what people eat. But there’s a trick: there’s no agreed-upon definition of naturalness, in the industry or among consumers. The study, published in the journal Trends in Food Science & Technology was a meta-analysis of 72 studies that collectively involved more …

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No Longer Forgotten: Gen X May Be Important Driver of Food Industry and Restaurant Growth

In Trends by Krista Garver0 Comments

We Gen Xers have been forgotten for a long time. As a generation, we’re smaller than both the Baby Boomers and the Millennials. That means we’re frequently neglected by the people who design new technologies, make TV shows and movies, and develop new food products. But new research suggests that this might be about to change. Last year, the Department …

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Food Prices Steady in June Despite Rising Cost of Beef: CPI Data

In News, Trends by Kristen Runvik0 Comments

After five months of increasing food prices, the numbers in June are unchanged compared to May, says the latest Consumer Price Index for All Urban Consumers (CPI-U) report, released on Friday. Read on for more food-related details from the report. Food at home prices fell Eating at home was more affordable for consumers last month, as five of the six …

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What’s Behind the Growing Alternative Protein Market?

In Research, Trends by Kristen Runvik0 Comments

As population growth outpaces the world’s food supply, smart food manufacturers need to develop new protein sources out of plants, algae, and insects to rely less and less on livestock, according to CB Insights’ Feeding the Future report. By 2050, the global population will reach 9.6 billion people (we’re currently at 7.5 billion) and available calories need to increase by …

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Global Food Prices Continue Upward Trend in June

In News, Trends by Kristen Runvik0 Comments

Global food prices continued to rise in June following an uptick in May, according to the Food and Agricultural Organization’s (FAO) Food Price Index released last week. The index measures global monthly changes in cereal, vegetable oil, dairy, meat, and sugar. Dairy, cereal, and meat are to blame for global price increases (sugar and vegetable oil prices dropped in June). …

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Ag Producer Sentiment Stable in June Despite Spring Weather Woes

In News, Trends by Kristen Runvik0 Comments

Agricultural producer sentiment held steady for the third month in a row, according to the Purdue University/CME Group Ag Economy Barometer, released on Wednesday. The barometer slightly rose between the May and June surveys. Overall, sentiment remains well over levels recorded prior to November 2016. Most ag producers (60%) reported feeling better about their farm operations’ finances now than they …

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Food Companies Taking Bite Out of Ripe Meal Kit Delivery Market

In News, Trends by Kristen Runvik0 Comments

The meal kit market is ripe for the picking, and food companies are making big moves. In the last two months alone, Nestlé, Campbell, and Unilever have invested millions of dollars in meal kit companies. Meal kit companies deliver fresh ingredients and recipes, or sometimes an entirely prepped meal, direct to consumer door steps. This market is expected to hit …

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The Millennial Love List: Healthy Snacks, One-Stop Shopping, and Authentic Brands

In Research, Trends by Kristen Runvik0 Comments

Millennials want healthy snacks, one-stop shopping trips, and brand ethos, according to the Condé Nast and Goldman Sachs 2017 Love List. This is the first time the study included food. The survey showed that Millennials want healthy snacks. Out of the snack brands that made the list, 75% are health focused, including Angie’s and Noosa Yoghurt. Millennials are also one-stop …

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Food Prices Continue to Rise in May: CPI Data

In News, Trends by Kristen Runvik0 Comments

Food prices rose for the fifth consecutive month in May, according to the latest Consumer Price Index (CPI) data. In April, fresh veggies — specifically lettuce — were to blame for high food prices. In May, the cost of fresh fruits and veggie went down, but food prices at home and away from home inched up, resulting in an overall …

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How Automation, Robots, and the IIoT Shift the Food Manufacturing Job Landscape

In Technology, Trends by Kristen Runvik0 Comments

The food industry is slowly integrating new technologies to make food safer and processing more efficient. But how will automation, robots, and the Industrial Internet of Things (IIoT) impact the workforce? There’s been concern from many corners that technology will steal jobs and put people out of work. But what we’re seeing instead is that the available jobs are changing. …