Food e beverage

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

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

New York (CNN Business) Fall doesn't start for seven more weeks, but it has already begun for Oreo . Oreo's "Pumpkin Spice Sandwich Cookies" are hitting store shelves on August 15, marking their return following a five-year hiatus. The limited-edition flavor features two golden Oreo cookies with a "festive pumpkin spice flavored cream" sandwiched in the middle. Pumpkin-flavored items have become synonymous with fall, with companies launching them in August to capture the excitement. Bud Light Seltzer and Samuel Adams beer have pumpkin-flavored beverages, Cup Noodles sells pumpkin-flavored ramen and both Starbucks and Dunkin' infuse the flavor into drinks every year. Oreo has announced a return date for its pumpkin spice-flavored cookies. Seasonal items are an important marketing tool for the food industry, according to Alexander Chernev, a professor of marketing at Northwestern University's Kellogg School of Management. For food brands, … [Read more...] about Oreo is bringing back this flavor after a 5-year hiatus

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 The rum category is finally receiving the attention it deserves. In the US, the category grew 4% over 2020 and is expected to expand at a CAGR of 5.2% by 2027. Major players saw significant growth — Malibu grew 20.7% and Bacardi, 8.5%. Yes, rum is an excellent base for rums and cokes and daiquiris. But the main driver of rum’s change of pace? Premiumization. The American market tends to prefer whiskey and Cognac for sipping. Now, drinkers are growing wise to rum’s premium potential — according to the Distilled Spirits Council , rum accounted for $2.3 billion in sales in 2019, with the ultra-premium rum category growing more than 6% year over year. Future Market Insights’ report Premium Alcoholic Beverages Market Outlook (2022-2032) projected that the overall premium alcohol market will be worth $1.7 trillion by 2032. Rum fans already know this of course. Every year, rum enthusiasts descend on the Caribbean for … [Read more...] about 5 Underrated Rums To Have On Your Radar

Share to Twitter Share to Linkedin While there are plenty of reasons for skipping alcohol, be it for an evening or a lifetime, there’s one thing that’s for certain: taste should never be sacrificed. Producers have grown wise to this and over the last few years a large crop of alcohol-free wines offer (non)drinkers a wide range of options. Now, there are crisp, bone-dry rieslings made by legendary Alsatian producers, crunchy zweigelts, soft Champagne-style bubbles and aperitivo-style vermouths, all sans alcohol. Recently, New Zealand’s Giesen reported a whopping 454% growth in shipments to the US in fiscal year 2022. The strong performance highlights growing consumer demand for quality alcohol-removed wines. Giesen’s 0% wines are dealcoholized via a spinning cone unit that gently distills wine into three layers: aroma, body, and alcohol, removing the latter in the process. Currently, they offer a wildly popular sauvignon blanc, a rosé, a red blend, and a … [Read more...] about As The No-Alcohol Category Grows, One Brand Sees 454% Growth

Share to Twitter Share to Linkedin So far, this year hasn’t been kind to restaurant adjacent tech companies. Last month alone generated several headlines of layoffs at companies like Lunchbox, ChowNow and Nextbite, while ghost kitchen providers like CloudKitchens and Reef have struggled with some reputational issues. Through the turbulence, Kitchen United has remained steady. In fact, just last week, the ghost kitchen operator secured a $100 million funding round from some recognizable names like Burger King parent Restaurant Brands International, The Kroger KR Co. and shopping mall giant Simon. The roster of investors also includes leaders across the convenience store, packaging, logistics, distribution, automation and real estate categories. As such investments have all but come to a screeching halt , that $100 million number is certainly remarkable. CEO Michael Montagano said this latest round comes after building commercial relationships with … [Read more...] about After Securing $100 Million In Funding, Kitchen United Proves Ghost Kitchens Have Plenty Of Long-Term Potential

A lot has happened in the dozen years since Kara Goldin founded Hint Water in 2005. The maker of unsweetened flavored waters has won shelf space in grocers from Target to Whole Foods, seen Hint become a staple in startup fridges, and raised money from about a hundred angel investors, including John Legend. If that sounds like a lot, Goldin freely admits so. But when she gets stuck, she knows exactly where to turn: a high-level network of women who help her think through all types of business challenges, especially those in marketing and distribution. "Not one of my advisers has beverage experience. There's a reason for that," says Goldin. "But they say as a CEO it's often lonely, and when I'm trying to figure out how to solve a problem, it's nice to be able to call on people who aren't in it with you every day." For the most part, these aren't women who Goldin has personally sought out. Instead, they've been introduced to her by other people whom she respects. About … [Read more...] about When the Founder of This $90 Million Beverage Company Needs Advice, These Are the Women She Turns To

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