Retailer recognizes 15 brands that raise the industry bar for quality, innovation, value and social responsibility
June 15, 2023
This year’s recipients, who are being honored for their contributions throughout 2022, include brands ranging from two to 28 years on Whole Foods Market’s shelves. The awards, now in their 11th year, were previously called Supplier of the Year Awards.
Elevated experiences, self-care and brand extensions win amid industry challenges
June 8, 2023
The 2022 New Product Pacesetters achieved a staggering $6.8 billion in combined year-one sales across food, beverage and nonfood solutions, compared to $6 billion in 2021 Pacesetter sales.
Ready to start making your new product? If you’ve passed your initial formulation hurdles, you’re ready to think about where to sell the item, an initial volume and how the food will be safely processed and packaged. Possibilities include a home kitchen, a commercial kitchen or co-manufacturing plant, just to name a few.
The Purdue University Center for Food Demand Analysis and Sustainability report assesses food spending, consumer satisfaction and values, support of agricultural and food policies
May 16, 2023
The survey-based report out of Purdue University’s Center for Food Demand Analysis and Sustainability assesses food spending, consumer satisfaction and values, support of agricultural and food policies, and trust in information sources. Purdue experts conducted and evaluated the survey, which included 1,200 consumers across the US.
Gen Z consumers are trend creators who define what markets should be provide. They welcome positive engagement with companies and seek new experiences.
With more than 100,000 internet searches per month for “vegan recipes” and “vegetarian recipes”, it’s clear there is high demand for plant-based meals. The survey found that 52% of adults are vegan-curious and illustrated consumers’ desire for time-saving solutions to preparing plant-forward dishes. In fact, 56% of adults said they want shortcuts to plant-based meals.
Whether you pour it, spread it, slice it or spoon it—plant-based dairy options are making inroads in consumer kitchens. Retail 2021 data from the Good Food Institute and SPINS showed plant-based milk category sales at $2.6 billion alone with one- and three-year growth figures of 4% and 33% respectively. Moreover, plant-based milks enjoyed a 16% share of market two years ago and 42% share of household penetration.
Breakfast items like cereals, omelets, and hash browns have become popular as snacks. Meeting this trend from the other direction, such comfort and enjoyment, coupled with convenience and variety, are increasingly repositioning snacks as replacements for meals.
New commitments, partnerships, package design and R&D facilities indicate long-term shift toward sustainability in the food and beverage industry
April 12, 2023
According to research from NYU Stern Center for Sustainable Business and Circana, sustainability-marketed products outperformed conventionally marketed products across 36 categories and grew +0.3 points to 17.3% of purchases. In addition, sustainability marketed products’ five-year compound annual growth rate (CAGR) sits at 9.48%, outpacing its conventional counterpart at 4.98% for the same period.
Hispanic-owned businesses providing food and beverage innovations, products and services invited to apply to join a six-month, mentor-guided program and receive a $20,000 grant
April 10, 2023
This year marks the eighth year of the Greenhouse Accelerator program, and the first-ever Hispanic edition, which focuses on driving growth of emerging Hispanic-owned food and beverage businesses through collaboration and innovation.