Higher food prices aren’t going away anytime soon given the array of interrelated factors that has led to inflation in both the category and the economy in general, although some are hopeful that the rise will at least level off, if not taper off, in the second half of 2022.
The Economic Research Service (ERS) of the U.S. Department of Agriculture reported that consumer food prices (for food consumed at home and away from home) were up 0.8% from August to September, and up 4.6% from the pre…
Older adults, numbering 124.4 million in 2025, represent an important and potentially untapped market for food and beverage companies.
Global flavors, nostalgia, and better-for-you innovations add zest to the breakfast occasion.
Worn down by inflation and uncertain economic conditions, food and beverage shoppers want products that deliver tangible benefits per dollar.
Retailers are expanding and upscaling their private brand assortments as more consumers seek high-quality products at reasonable prices.
With consumers increasingly looking for enhanced nutrition, the functional foods market must find a way to balance the addition of in-demand ingredients with minimal processing.