With a name reminiscent of the Four Loko alcoholic energy drink craze from a few years back, Coco Loko aims to capitalize on the demand for alternatives to club drugs, as the trend of snorting raw cacao is gaining traction in Western Europe. Users assert that cacao provides a mild euphoric effect, with its active … Read more
Ketchup has faced increasing competition in an ever-diversifying condiments aisle over the past few years, vying with hot sauces, barbecue sauces, chili sauces, and various ketchup alternatives. In the U.S., while major brands like Heinz and Hunt’s still hold a significant market share, they are gradually losing ground to emerging smaller brands. For instance, in … Read more
Fat is one of the three macronutrients, alongside protein and carbohydrates, and is vital for maintaining a healthy body. However, a simplified public health message from the 1980s led many consumers to believe that polyunsaturated fats should be avoided entirely, rather than replacing saturated fats with them. This misconception resulted in a surge of low-fat … Read more
Whey protein, a significant by-product of the cheese-making process, was historically viewed as waste. However, with the rising consumer demand for protein-rich foods and beverages, food manufacturers are increasingly focusing on whey. A report from ResearchAndMarkets indicates that the protein ingredients market is expected to grow at a CAGR of 6% from 2017, reaching $58.5 … Read more
The popularity of yogurt has surged dramatically in recent years, with sales increasing by almost 50% from 2009 to 2014. This growth is primarily attributed to Greek yogurt and yogurt drinks, which saw a remarkable 62% rise in sales from 2011 to 2016. However, due to its high moisture content, yogurt has presented challenges for … Read more
The GMO labeling law, enacted by then-President Obama on July 29 of last year, has afforded the USDA a mere two years to finalize the rulemaking process. During a presentation earlier this month at the Food Label Conference, Andrea Huberty, a senior policy analyst with the USDA’s AMS Livestock, Poultry, and Seed Program, noted that … Read more
In its IPO filing earlier this month, Blue Apron reported a valuation of $100 million. However, just a few weeks later, the company significantly raised this figure to $510 million, indicating plans to sell 30 million shares priced between $15 and $17 each. This valuation increase highlights Blue Apron’s urgent need to grow its operations … Read more
McCormick’s diverse portfolio, which includes a mix of 250 U.S. and international brands, along with its collaborations with leading packaged food companies and multinational restaurants, has been pivotal in driving consistent growth for the spice manufacturer. The surge in consumer demand for spices, herbs, and seasonings has further fueled this growth, as people increasingly seek … Read more
The latest report adds further impetus for food companies to improve ingredient transparency, or at the very least, provide consumers with clearer information about what is included in their products. According to Innova Market Insights, the movement toward cleaner labels—characterized by shorter and simpler ingredient lists—has become a standard in the food industry. In 2014, … Read more
Banana flour has been utilized as an inexpensive substitute for wheat flour in regions where the fruit is cultivated globally for many years. However, it has only recently emerged in the U.S. market over the past few decades. Historically, sales have been confined to retail and boutique shops, but with the growing demand for natural, … Read more