Seems Like We’re Discussing
Responsible Food Sourcing Online
What are your online conversations like? According to research by The Center for Food Integrity, a quarter of U.S. consumers chat about responsible food sourcing online. Based on a report from Label Insight and the Food Marketing Institute, the number of shoppers that said they would switch brands to food companies that provide more in-depth product information increased from 39% in 2016 to 75% in 2018. More and more consumers are in search of authenticity, transparency, and purity in their food & beverage products. To go along with this shift in mindset, Nestlé plans to fully disclose suppliers for its top 15 commodities, Mondelez pledged to source fully sustainable cocoa by 2025, and Unilever launched “Vanilla for Change” to educate us on a sustainable sourcing story. And with that, let’s discuss some more…
Keeping With The Trend Talk
Plant-Based Meat Alternatives
You see it everywhere, the trend is undeniable. Plant-based meat alternatives are all over, and expected to grow big time, like from $4.6 billion big in 2018 to $85 billion big by 2030, according to UBS, an investment firm. Consumers are looking for healthier options and are increasingly concerned about environmental as well as animal welfare, which means they’ve gravitated not just to meatless Mondays, but meatless meals in general. According to The Good Food Institute, over the past decade, more than $16 billion has been invested into U.S. plant-based and cell-based meat companies, of which $13 billion was invested in 2017 and 2018. Now that’s a lot of green!
Yours Truly,
Tracie T.