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Specialty Food Industry Sales Hit $127 Billion in 2016

In Press Releases by Press0 Comments

NEW YORK, April 6, 2017 /PRNewswire/ — Sales continue to grow as Americans embrace specialty food and beverages. The industry is taking its place as an integral player with traditional and non-traditional specialty food retailers, foodservice operators, and distributors. The Specialty Food Association’s (SFA) annual State of the Industry report, issued today, examines the vibrant $127 billion-dollar industry in detail. Largely …

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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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Survey Says… Americans Celebrating Easter with Chocolate

In Press Releases, Research by Press0 Comments

WASHINGTON, March 29, 2017 /PRNewswire-USNewswire/ — Roughly 90 percent of Easter baskets will include chocolate or candy, according to a national survey by the National Confectioners Association. “Americans enjoy having chocolate and candy to help make celebrations like Easter even more fun and special,” said John Downs, president & CEO of the National Confectioners Association. “Consumers understand the unique role …

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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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Top 10 Future-Focused Presentations at ProFood Tech

In Processing, Technology by Melissa Schmitz0 Comments

Are you excited as we are about all the amazing trade shows happening in the next year? Next week, at ProFood Tech in Chicago, you can expect to see hundreds of exhibitors in the baking, snack, beverage, frozen and prepared foods, dairy, and meats and seafood industries. You’ll also have the chance to attend some of the 30 educational sessions on …

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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 …