Tuesday, March 2, 2021
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Somewhere around 20,000 new food and beverage products are introduced each year. Not all of them make it (remember purple ketchup?), but this number illustrates the highly competitive environment in which food and beverage companies operate. What can you do...
In a recent report, Nielsen lays out a clear picture of which food trends took hold last year — and which trends will continue to make an impact in the food industry. Transparency and sustainability Transparency has long been on...
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...
Gone are the days when meat and potatoes are on the menu seven days a week. According to the 2018 U.S. Flavor Trends Report from Mintel, ingredients spanning every corner of the globe and color of the rainbow are...
Low-income households are a growing consumer group — the percentage of American adults within the low-income tier rose from 16% in 1971 to 20% in 2015. Some government programs define low-income households as those making at or below 400%...
Globally, nearly 9 in 10 consumers say that food companies are responsible for ensuring their diet is healthy, according to a study by Surveygoo and Ingredient Communications, as reported by New Food Magazine. The survey explored where consumers put the...
Gen Z is set to rock the food industry as they gain independence, according to Hartman Group’s Gen Z 2018 Report. And considering these 12 to 20-year-olds contribute $143 billion in direct spending, it’s critical to understand what influences...
Even while Millennials' food preferences turn toward premium products, consumers' willingness-to-pay overall dropped this month, according to the new Food Demand Survey by Oklahoma State University. The survey, which is performed monthly, explores consumer views of food safety, quality, and price,...
Millennials have the most buying power of any generation, so their food purchasing behavior has far-reaching implications for the future of the food industry. A recent study from the U.S. Department of Agriculture reveals just how much Millennials spend...
With food prices and manufacturing costs on the rise, retailers and manufacturers are under pressure to keep costs down. A recent Acosta report examined the challenges food companies face as a result of these upward costs, as well as...