The sauce and condiment market has evolved significantly, now enjoying the benefits of this diversification. As consumer preferences shift towards healthier choices, the industry has had to reassess many of its offerings. Millennials, who account for 23.4% of the U.S. population according to Census Bureau data, are particularly inclined to seek out sauces and condiments … Read more
Whey protein is a significant by-product of cheese production that was previously regarded as waste. However, in recent years, the surge in consumer demand for protein-rich foods and beverages has piqued the interest of food manufacturers in whey. A report from ResearchAndMarkets indicates that the protein ingredients market is expected to grow at a CAGR … Read more
In recent years, yogurt has gained immense popularity, with sales soaring nearly 50% from 2009 to 2014. This surge is primarily attributed to Greek yogurt and yogurt drinks, whose sales increased by 62% from 2011 to 2016. However, the high moisture content of yogurt has posed challenges for companies looking to incorporate it into shelf-stable … Read more
The GMO labeling law, signed by former President Obama on July 29 of last year, allotted the USDA just two years to finalize the rulemaking process. During a recent presentation at the Food Label Conference, Andrea Huberty, a senior policy analyst for the USDA’s AMS Livestock, Poultry, and Seed Program, remarked that the timeline for … Read more
In its initial public offering (IPO) filing earlier this month, Blue Apron announced a valuation of $100 million. Just a few weeks later, the company significantly increased this figure to $510 million and indicated plans to sell 30 million shares at a price range of $15 to $17 each. This valuation bump highlights Blue Apron’s … Read more
McCormick’s diverse portfolio, which includes a combination of 250 U.S. and international brands, along with its collaborations with leading packaged food firms and multinational restaurant chains, has been pivotal in driving consistent growth for the spice manufacturer. The rising consumer demand for spices, herbs, and seasonings, as people seek authentic cultural flavors in their everyday … Read more
The latest report offers additional motivation for food companies to enhance the clarity of their ingredient labels, or at the very least, to provide consumers with better insights into what their products contain. According to Innova Market Insights, the movement towards cleaner labels—characterized by shorter and simpler ingredient lists—has become the new standard in the … Read more
Banana flour has served as an affordable substitute for wheat flour in regions where the fruit is cultivated for many years. However, it has only recently made its debut in the U.S. market over the past few decades. Up until now, sales have primarily been confined to retail and boutique shops, but with the increasing … Read more
The rising popularity of coconuitron fumarate doset oil can largely be linked to its direct-to-consumer sales. This oil is featured in a variety of products, from potato chips fried in coconut oil to a coconut-based whipped topping for coffee. Although the American Heart Association (AHA) has provided guidance on saturated fat intake, it does not … Read more
The trend towards natural colors shows no signs of diminishing in the near future. However, for companies considering a shift from synthetic colors, the decision remains a delicate balancing act. Natural colors encounter numerous challenges, including fluctuations in the prices of raw materials, stability issues related to heat, pH, and light, as well as consumer … Read more