It’s time to catch up on what’s going on in the food and beverage industry. Our top articles for September include a report on how consumers are dealing with food inflation, a guest article on the benefits of rethinking meat production, and an update on confectionery companies meeting consumer health-related goals.
#1. Rising Food Prices Impact Brand Loyalty, Expiration Dates, and Consumer Values
This article highlights findings from a report by Attest that delves into how consumers are coping with food inflation. The report found that consumers are switching to less expensive brands, buying less food overall, and even leaving behind values such as sustainability and plant-based eating to get the best price.
#2. Tyson Foods, Cargill, PepsiCo, and More F&B Companies Commit to Hiring Refugees
Major companies, including some F&B companies, have committed to hiring more refugees over the next three years. Cargill, Chobani, and PepsiCo are just a few of the companies preparing to help these refugees, who often struggle with language barriers, a lack of a professional network, and other challenges.
#3. Opinion | We Don’t Need to Give Up Meat – We Need to Rethink Its Production
This article by guest author Santtu Vekkeli highlights the challenges presented by meat production, including the fact that the industry contributes heavily to carbon emissions. As there are no signs of meat consumption decreasing globally, the author suggests we look to make meat consumption more environmentally efficient.
#4. Opinion | Why Early-Stage Investments in Alternative Protein Startups Are Worth the Risk
This opinion article by Johnny Ream highlights how the plant-based food market is expected to grow to represent 7.7% of the global protein market by 2030, and investors are taking note. The author talks about how investments in these products can help us achieve a greener planet and drive innovation.
#5. Candy Companies Meet Goals to Improve Consumer Health, Transparency
Confectionery brands, including Mars Wrigley, Lindt, and Ghirardelli Chocolate, made a commitment five years ago to improve portion guidance, consumer education, and product transparency. This article highlights the progress made on these goals, with the participating companies either meeting or exceeding the goals of their commitment.
