Walmart is asking meat and poultry suppliers to stop using antibiotics and antimicrobials for non-therapeutic purposes (eg. to promote growth and boost feed efficiency rather than exclusively for treating sick animals) amid concerns the practice may be contributing to antibiotic resistance in humans.
Sales of snacks account for a whopping 40% of the $370 billion U.S. packaged food market and are set to grow 2% annually through 2019, thanks in large part to millennials who eat more snacks than any other group, according to analysis by Euromonitor.
With an eight-year stint in sales and brand management at PepsiCo on his resume, David Luks knew a fair bit about the beverages market when he launched Honeydrop in 2009. But it quickly became clear that selling Diet Pepsi and selling a product no one had heard of required very different skillsets.
Packaged Facts is predicting continued double-digit growth for almond milk in the next five years, and reckons it could increase its dollar share of the US retail dairy and dairy alternative beverages market from 5% in 2014 to 19% in 2019.
The US dietary supplements industry is only worth about $12 billion, according to Dr Kurt Jetta, CEO and founder of the TABS Group.
Start-up snack makers must invest in packaging from the get-go because it’s a powerful consumer draw, says Superseedz.
Compared to previous generations Millennials are far more likely to make spur-of-the-moment food decisions and have less well-stocked pantries, say market researchers. But many food retailers are not geared up to meet their changing needs.
Paying close attention to local market dynamics is the key to success in the online grocery marketplace, according to a webinar put on yesterday by consulting firm Profitero, which specialized in e-commerce insights. Food categories are underrepresented online as compared to brick and mortar sales, meaning there is a huge opportunity, the presenters said.
A Nestlé-supported study has examined the causes of chocolate fat blooming, a process when white defects appear on the surface of chocolate because of fat crystallization – a serious problem for the global confectionery industry.
While cost is a barrier – and regulatory issues need ironing out – mainstream food manufacturers “have been way more open to this [using edible insects in their products] than you would probably think”, says the founder of the world’s largest insect-based food ingredient manufacturer.
A subsidiary of ConAgra will pay $11.2m related to the shipment of contaminated peanut butter linked to a 2006-07 Salmonella outbreak.
When Poorvi Patodia first started pitching roasted chickpeas to retail buyers in 2012, not everyone was convinced they could be a mainstream hit. Today, they are gracing shelves in 3,000+ stores from Sprouts to Stop & Shop and are about to go into Target nationwide, while pulses of all kinds (beans, peas, lentils) are now in every self-respecting snack formulator’s toolkit.
It’s not just the high fat, salt or sugar content of processed foods that is driving obesity and diet-related illnesses – the lack of food diversity is killing our gut flora, claims one researcher.
Retailers have voted for the new U.S candy items that have the best go-to-market potential at the National Confectioners Association’s Sweets & Snacks Expo.
For the first time, consumers are spending more money at restaurants than on groceries in America, likely reflecting more financial flexibility from savings garnered by shopping at less expensive box stores and from lower gas prices, according to recent research.
Social media strategies need to refrain from insistently pushing brands; but instead add value for consumers, explains Ashley Vinson, head of brand strategy Benelux, Twitter.
The Hershey Company will not rule out additional M&A activity to strengthen traction in snacks and innovate beyond core confections, its brand head says.
Consumer feedback on Solazyme’s new high-oleic algae oil reveals high acceptance levels, with 98% of healthy oil purchasers sent samples for at-home testing reporting it had a ‘pleasant or no aftertaste’, 87% agreeing it had a ‘cleaner taste than other cooking oils’, and 93% saying they would recommend it to friends and family.
Imagine a place where you can meet the entrepreneurs behind new food & beverage categories and retail channels; pioneers in the field of nutrigenomics, edible insects, and 3D printing; food law attorneys; investment bankers; and number crunchers who can explain why you’re getting such a lousy return on your promotional bucks…. [Spoiler alert: It’s Food Vision USA
Pressure on food manufacturers to label genetically modified food and provide non-GMO alternatives is mounting as consumer concern and confusion about the technology increases in response to a deluge of negative messaging about it.