Research
GFI: Plant-Based Seafood Sales Outpace Total Plant-Based Meat Sales
Though still just a small fraction of the total plant-based meat and seafood category, plant-based seafood dollar sales increased by 15% and unit sales grew 5% in 2022, outpacing total plant-based meat sales, according to a new report by the Good Food Institute and the Plant Based Food Association.
Report: Alt. Deals in CPG Rising Amidst Economic Squeeze
Despite rising inflation and a grim economic forecast, CPGs can still access growth capital thanks to a “much broader toolkit” of alternative M&A options, explained analysts from Bain & Company during a webinar this week.
Coffee: Study Details Links To More Steps, Less Sleep, Heart Health
A recent study of 100 individuals published in The New England Journal of Medicine suggests that coffee consumption throughout the day increases physical activity while also negatively impacting a person’s sleep at night; yet, the impact of coffee on the heart are mixed.
Report: Alt-Protein Must Fine Tune Marketing, Innovation To Go Mainstream
While scale may be a near-term limitation to the success of alt-proteins, marketing to mainstream consumers remains the category’s most significant roadblock to achieving the its stated missions.
Report: Grocery Inflation Not On-Par With Past Recessions, But Will Reach ‘Normalcy’ By 2024
The impact of the COVID-19 pandemic on grocery retail prices may have been felt the most in 2022, according to a new report from Coresight Research, in partnership with the Food Industry Association (FMI).
Study: Sweetener Erythritol May Elevate Risk for Heart Attack, Stroke
A new study in the scientific journal Nature Medicine is drawing links between popular sweetener erythritol and blood clotting, stroke, heart attack and death.
5 Key Takeaways from Mondelez’s 2022 State of Snacking Report
With consumers spending more time at home since the beginning of the pandemic and the pain of inflation cutting into meal budgets, snacking has become an even more important part of consumers’ routines and one that increasingly serves as a meal replacement, according to Mondelez International’s latest State of Snacking report, released last week.
Deloitte: Profitable Growth Will Drive 2023 CPG Industry
Global accounting firm Deloitte’s recent 2023 CPG industry outlook reported that profitable growth is the top priority food and beverage brands as they continue to navigate supply chain disruptions and economic uncertainty.
Study Sparks Debate Over Heavy Metals in Dark Chocolate
Both organic and conventional chocolate makers came under fire when a Consumer Reports study found potentially hazardous levels of lead and cadmium in 28 dark chocolate products. The issue became more complex when Trader Joe’s and Hershey’s, were served with class action lawsuits.
IRI: Recession Could Give Opportunity to Private Label Brands
Market research group IRI explained Wednesday in a presentation titled “Consumer Demand for Private Brands” that a tougher economic climate could provide a boon to retailers hoping to expand their private label footprint as shoppers become more cost-conscious.