WEEKLY ROUNDUP – WEEK OF 6.5.2023
June 9, 2023
Check out this week’s trending food and beverage-related news stories – curated by our team of strategists and food enthusiasts:
Decline In The Meat Industry Could Be The New Norm
Beef producers continue to battle ongoing challenges in the industry from increasing inflation, supply chain disruptions, labor shortages, and even Americans opting for less expensive options such as pork and chicken. Across the board, the meat industry is undergoing an unprecedented decline and experts aren’t clear when it will right set itself. One cautiously bright spot could be shifting production strategies to prepared food operations. Learn More.
Will Coconut Water Refresh Cocktail Menus?
Vita Coco, a market leader and popular consumer coconut water brand – with “nearly as many TikTok followers as Coca-Cola”, according to the article – has recently entered the alcoholic beverage space. The company is looking to expand its presence by promoting its products as cocktail mixers ideal for bars and restaurants. The brand has partnered with leading alcohol provider, Captain Morgan, on a new line of canned cocktails. Read More.
Kellogg’s Gets Cheezy For Summer Road Trips
Kellogg Company opened a Cheez-It-themed C-store in the middle of the California desert, appropriately named the Cheez-It stop. Inspired by family road trips, the shop is located roughly 100 miles away from the tourist cities of Los Angeles and San Diego in Joshua Tree, California. While foodservice is limited to only Cheez-It flavors, fans will find Cheez-It-inspired merchandising and Cheez-It pumps that dispense bags of the popular snack. Find the Details.
A Strategic Product Mix Can Help Boost C-Store Sales
C-stores are known for offering more indulgent items like candy and doughnuts; however, a recent C-storeDive article explains that making healthier options available to guests on the go, and strategically positioning them alongside less healthy options can boost sales. When shopping at C-stores, today’s consumers desire a balance of healthy items and foods satisfying their inner cravings. Prepared foods such as fruit cups and ready-to-go salads along with fresh produce are simple additions for guests to consider when shopping for quick snacks and meals. Food manufacturers can assist C-store operators by providing healthier, fresh items with solutions to keep these foods fresh and ready for customers for all-day grabbing. Read Article.
The 2023 James Beard Award Winners Announced
It’s that time of year again when restaurateurs and chefs are recognized by The James Beard Foundation for their excellence in entrepreneurship, community advocacy, and extraordinary culinary innovations. Described by many as the “Oscars of the food world,” the 2023 James Beard Award winners included outstanding existing and new restaurants, outstanding and emerging chefs, and establishments recognized for their wine and beverage programs, to name a few. See the complete list, Here.
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