Food and Beverage Top Stories

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Next year promises to bring challenges, with high prices and sagging consumer confidence impacting consumer behavior. Foodservice stakeholders once again need to tap into their reserves of creativity to thrive.

Each year, New York University’s Stern Center for Sustainable Business (CSB) partners with Circana (formerly IRI) to examine consumer purchases of sustainability-marketed consumer packaged goods (CPG). Last March, the partners released their fourth annual report, which summarized 2022 consumer insights and behaviors data.

California-based Punch Edibles & Extracts is bringing its infused confectionery products eastward, operating in Oklahoma’s medical cannabis market and launching in New York’s adult-use cannabis market earlier this year.

In this exclusive podcast, Editor Bob Garrison talks with Stephanie Lind, founder and chief strategy officer at Elohi Strategic Advisors (ESA), about the protein ingredients that grew most in 2023—as well as what’s next in 2024.

Prepared Foods has selected six new food and beverage products introduced in November 2023. Vote to let us know which new product is your favorite!

"Maximizing pleasure and minimizing stress, as one Trendspotter put it, encapsulates the panel's picks for 2024," said Denise Purcell, vice president, resource development, for SFA.

As we venture into the culinary landscape of 2024, the food and beverage industry will reflect trends bubbling up from 2023. Even so, Imbibe still expects some transformative changes coming with a new year.

In 2024, expect brands to help consumers live longer, healthier lives; balance their needs for health and pleasure; and unlock new conveniences from technology. Here's a look at each area.

Every year, Innova Market Insights compiles its Top Ten Food & Drink Trends. The company's latest research shows that food price inflation and the need to cut back on expenses continue to affect consumer markets worldwide.

“We were thrilled when Francia approached us with her vision. Her passion to bring to life her grandmother's recipe—inspired by her passion for cooking and experience growing up in Los Angeles—resonated with our own commitment to bringing to consumers the flavors of Mexico raised in LA,” said Diana DeLoza, LA VICTOIA director of marketing. “…Together, we created a salsa that celebrates the rich heritage of Los Angeles and brings it to tables everywhere.”