A recent TechSci Research report indicates that the global organic food market is projected to grow at a compound annual growth rate (CAGR) of over 14% from 2016 to 2021. Food manufacturers, such as General Mills, which acquired the organic food company Annie’s for $820 million in 2014, are capitalizing on this trend as studies … Read more
The UK has pledged to reduce the sugar content in products by 20% by 2020, a challenging objective given the various reformulations that will be required in the coming years. Nonetheless, it represents progress in the right direction. Since the guidelines are voluntary, it encourages more manufacturers to consider sugar reduction and raises consumer awareness … Read more
While many food analysts remain skeptical that alternative protein options will win over meat enthusiasts, the introduction of more plant-based and algae protein products with appealing flavor profiles, coupled with greater availability, could allow this category to capture a larger market share. Research consistently indicates that although consumers enjoy meat, many—particularly millennials—are actively seeking protein … Read more
McDonald’s “special sauce,” once a closely guarded secret that customers could only taste by purchasing one of their sandwiches, has now made its way into the world of grocery stores. The fast-food giant has revealed that the ingredients for the Big Mac sauce include mayo, sweet pickle relish, yellow mustard, onion powder, white wine vinegar, … Read more
As the number of craft breweries continues to rise across the nation, these establishments are realizing that simply brewing beer is no longer sufficient to ensure their success. Independent craft brewers are finding it increasingly challenging to remain autonomous, largely for the same reasons that many businesses seek partnerships with larger entities. In their quest … Read more
Industry insiders believe that Reckitt Benckiser is considering the sale of its food business to help finance its $16.6 billion acquisition of Mead Johnson, a manufacturer of infant formula. This move could result in the disposal of the well-known French’s brand as the company aims to concentrate on its core operations. Some reports have suggested … Read more
Conagra promptly initiated a recall of its Hunt’s chili kits upon learning of potential salmonella contamination in a seasoning packet. Given the hefty $11.2 million penalty the company faced last year due to tainted Peter Pan and Great Value peanut butter, it realized the urgency of the situation. Foods that are commonly associated with salmonella … Read more
While the decrease in honey production in Virginia poses challenges for the local economy, it may not have an immediate effect on food manufacturers. This is largely due to a 3% increase in overall U.S. honey production in 2016, as reported by the U.S. Department of Agriculture. However, there has been a concerning downward trend … Read more
Citrus flavors remain a timeless choice for food and beverage manufacturers. While orange, lemon, and lime continue to reign supreme, other citrus varieties such as grapefruit, mandarin orange, blood orange, bergamot, and pomelo are increasingly featured across various food products. These include snacks, baked goods, yogurt, beverages, candies, and sauces. Consumers are placing greater emphasis … Read more
In recent years, numerous studies have highlighted the health benefits of chocolate. With chocolate remaining one of the most beloved indulgent treats worldwide, it’s no wonder that consumers are eager to embrace its positive aspects. However, medical experts emphasize that chocolate is still a calorie-dense food that should be consumed in moderation. According to a … Read more