Share to Twitter Share to Linkedin Patrick Nycz is President of NewPoint , a full-service food and beverage marketing agency, and author of Moving Your Brand Up the Food Chain. As a food and beverage marketing agency owner, I know to stay on top of F&B trends. The industry is a highly competitive intersection of constantly evolving trends, fluctuating consumer tastes and innovation. I was so moved by the massive market share shift away from “big food” to locally sourced food that I even wrote a book about it. So, what are the most prominent food and beverage trends in retail and foodservice today? And what steps can you take to address them better? The Rise Of Plant-Based Meats (And Flexitarianism) Over half of young Americans surveyed now describe themselves as “flexitarian,” with 43% of poll respondents indicating flexitarianism as a permanent lifestyle change. Veganism and vegetarianism are also on the rise. There are many … [Read more...] about The Biggest Food & Beverage Trends: Retail And Foodservice
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A larger, stronger booty is advantageous for a variety of activities, including stair climbing, squatting with heavy weights, and finding a more comfortable seat. Some people make merely aesthetic efforts to have a larger gluteal area. Contrary to popular belief, increasing one’s butt begins in the kitchen. One of the best ways to enhance results is to combine regular exercise with a balanced diet rich in foods that help strengthen your glutes. By eating certain foods that boost muscle growth, strength, and recuperation, you might be able to obtain the derrière of your dreams. The following 19 foods will help you develop a larger booty. Mussels and protein The first step to increasing the size of your buttocks is to make a few dietary changes. Your hips, which are the tissues that make up your buttocks, should be your main area of concentration. Particularly vital for preserving and gaining muscle mass after exercise is dietary protein. Other … [Read more...] about What Foods Go Straight To Your Bum?
Share to Twitter Share to Linkedin It’s easy to come up with a startup idea. It’s really hard to then build a company that will achieve even moderate success. In 2019, the failure rate for startup businesses was around 90% according to Investopedia. So how do you hedge your bet and take out some of the unknowns that most startups have and build a successful company? You focus on industries that have a Compound Annual Growth Rate (CAGR) of more than 4%. Sounds fairly simple. Why is CAGR important? Because it means people are steadily buying the product or service on a consistent basis over time and pandemics or recessions don’t stop the growth. That’s amazing. You want to start a company with a higher potential for success? Review the following three industries of tea, craft beer and dog food to learn more. Twenty-three years ago, we invited an entrepreneur to speak at San Diego State University to students in the entrepreneurship program. He was really … [Read more...] about Increase Your Startup Or Small Business Success Rate: Learn What Tea, Beer And Dog Food Founders All Leveraged
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on Tata Consumer Products Tata Consumer Products (TCPL) is one of the major FMCG companies present in tea, coffee & other beverages in India, UK, US, Canada & some other geographies. In India, it also has salt, pulses, spices & other foods products. Its subsidiary NourishCo is present in packaged water & other beverages. The company is in a JV with Starbucks, which has 275 stores in India. The company has 2000+ distribution directly reaching to 1.3 million outlets in India, which will be increased to 1.5 million outlets by March 2023 • TCPL also increased its rural/ semi urban distributors 4x to 8000+ after the consolidation of consumer business. Outlook We maintain our BUY rating on the stock. We value the stock at Rs 950 on … [Read more...] about Buy Tata Consumer Products: target of Rs 950: ICICI Direct
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The reorganisation of Tata Consumer Products Limited (TCPL) might entail costs in the short term but will help in creating an efficient and effective business in the long run, the company’s MD and CEO Sunil D’Souza indicated while addressing a post-earnings investor call on August 11. “In the past year, restructuring costs have risen because we had cut down layers in our teams. We acquired some of the businesses and rejigged the teams to make sure we are deriving synergies. So, while long term you will derive synergies, there'll be some short-term restructuring costs to make sure the business is right-sized,” he said. ALSO READ: Tata Consumer Products enters plant-based meat products category The company is still undergoing restructuring which would lead to further costs in the … [Read more...] about Restructuring will make business efficient in the long term: Tata Consumer Products MD
PRO Only Highlights - Quarterly performance largely backed by improved realisations - Medium-term triggers China plus and protectionist measures for tyre industry - Valuations not inexpensive; but improved medium-term outlook The Q1FY23 results for Tata Consumer Products Ltd (TCPL; CMP: Rs773; Market capitalisation: Rs 71,264 crore) were in line with expectations. June 2022 quarter performance Consolidated revenues grew by 10 percent, in constant currency terms, while on a three-year CAGR (compounded annual growth rate) basis, it grew by 12 percent. India business grew by 9 percent year on year (YoY), largely led by pricing, while international business revenue grew by 8 percent, in constant currency terms. India operations (75 percent of consolidated... … [Read more...] about Tata Consumer Products: Food business likely to be the next growth engine
Share to Twitter Share to Linkedin Over the last few years, the ready-to-drink (RTD) space has had its ups and downs. At one point, the category was the one to watch: products like White Claw completely captured a globe of drinkers and sold SKUs at a rapid clip. From there, the category burst open, expanding from hard seltzers to canned cocktails to niche products like non-alcoholic spritzers and port-and-tonics. But the category has hit a slump. Too many brands, too many products – last year, hard seltzers started fizzing out. So where do we sit now? NielsenIQ unveiled a few interesting insights on the RTD space in the analytics firm’s mid-year report. Firstly, it’s important to note that the category is now no longer malt-based beverages like White Claw. One can separate RTD into three categories. The first is malt-based: hard seltzers and other drinks, including hard tea and hard kombucha, that call for a base of malt-based alcohol. Then … [Read more...] about Where Is The Ready-To-Drink Category Headed?
Share to Twitter Share to Linkedin Since former U.S. President Donald J. Trump signed the 2018 Farm Bill that legalized hemp at the federal level, the hemp industry seems to have flourished all over the country. The United States Department of Agriculture (USDA) estimated that the total value of hemp production is worth $824 million in 2021. The demand for CBD-based products has driven the industry's production and sales, despite the U.S. Food and Drug Administration (FDA) has not yet allowed CBD in foods, beverages, or dietary supplements . Furthermore, the 2018 Farm Bill also triggered the production and sales of minor cannabinoids with intoxicatingly psychoactive effects, such as delta-8 THC and THC-O-acetate . These products created a grey market as they are used as an alternative to recreational cannabis, especially by consumers who live in those U.S. states that have yet to churn out adult-use cannabis legislation. But last … [Read more...] about How The 2023 Farm Bill May Reshape The Hemp Industry
San Miguel Corp. reported strong financial performance in the first half of 2022 driven by top-line gains across its businesses. This, amid the lingering effects of the pandemic, supply chain bottlenecks and inflationary pressures. Consolidated sales revenue rose 73 percent to P711.4 billion on sustained volume growth and better selling prices. Operating income grew by 41 percent to P85.9 billion, boosted by the improved performance of its fuel and oil subsidiary Petron, and sustained recoveries of its food, beverage, packaging, and infrastructure businesses. Ebitda (earnings before interest, taxes, depreciation and amortization) reached P91.2 billion, up 13 percent from the first half of 2021. Recurring consolidated net income was up 24 percent to P32.5 billion. With the effects of foreign exchange movements and the impact of the CREATE ( Corporate Recovery and Tax Incentives for Enterprises) Law, which were reflected in its 2021 results, consolidated net income settled at P19.8 … [Read more...] about SMC delivers strong H1 results
Conglomerate San Miguel Corp. (SMC) said higher selling prices and volumes pushed sales higher in the first half of 2022 but profits were pressured by the weakening Philippine peso and pandemic tax adjustments. The food, beverage, energy and infrastructure giant said net income from January to June sank 33 percent to P19.8 billion amid foreign exchange “movements” and normalized tax expenses from last year’s effectivity of the Corporate Recovery and Tax Incentives for Enterprises Act. SMC’s total revenues jumped 73 percent to P711.4 billion while operating income rose 41 percent to P85.9 billion. SMC said earnings before interest, taxes, depreciation and amortization increased 13 percent to P91.2 billion. Earnings were propelled by the outperformance of infrastructure and Petron Corp., whose first semester 2022 earnings exceeded those of the entire 2021. The food and beverage segment also sustained revenue and profit growth while the power subsidiary saw earnings drop due to … [Read more...] about SMC first half profits declined 33%