Michael Swanson has worked across the United States and around the world in the bowels of the global agricultural and food processing business—from grain-trading pits in Colombia to cheese plants in Wisconsin to rail corridors in Montana. So the chief agricultural economist for Wells Fargo is very familiar with the levers of commerce in the food business, from drought devastation to shipping breakdowns, from planting to processing, from the pricing vagaries of a worldwide market to the meteor-si…
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.
Emerging demographic patterns—an aging population, fewer children, more multicultural consumers, and increasingly cost-conscious shoppers—are resetting product development priorities.