The food and beverage industry continues to navigate a complex landscape as constantly evolving macro forces — from concerns about the broader economy to the future of work — shape daily choices around eating and drinking. Leaders in food and beverage must stay informed on consumers’ changing attitudes and behaviors around grocery shopping, cooking and dining out. This downloadable resource contains 10 key charts which showcase the most important consumer trends in the food and beverage sector. These charts are […]
Beverage
HOUSEHOLD NAMES The brands that stand out. —BRAND FINANCE TABLES What makes a brand valuable? What makes it stand out among the millions of food and beverage (F&B) brands battling for the consumer’s attention? For 2023, Coca-Cola retained its top position as the world’s most valuable and strongest nonalcoholic beverage brand, based on the ranking made by Brand Finance, a leading global brand valuation consultancy. Valued at $33.5 billion, Coca-Cola continues to reign supreme, thanks to its global familiarity […]
This regular publication by DLA Piper lawyers focuses on helping clients navigate the ever-changing business, legal and regulatory landscape. IMF: fragmented commodities markets threaten food security and the green transition. The international Monetary Fund is warning that fragmented commodities markets are threatening world food security – and also may raise the price of clean energy. In a section of its World Economic Outlook released on October 3, the IMF said the threat is driven by Russia’s invasion of Ukraine and […]
This regular publication by DLA Piper lawyers focuses on helping clients navigate the ever-changing business, legal and regulatory landscape. HHS to DEA: reclassify marijuana to Schedule III. In a non-public letter sent earlier this week, the US Department of Health and Human Services recommended to the US Drug Enforcement Administration that marijuana be re-classified under the Controlled Substances Act from Schedule I to Schedule III. The recommendation is a step towards changing the legal status of marijuana, which was originally […]
The Specialty Food Association’s 2023 Summer Fancy Food Show featured three standout trends among the natural and organic exhibitors. Specialty CPG foods and beverages elevate the at-home culinary experience, and all-natural ingredients help indulge the health-conscious consumer. The nonprofit trade association’s mission is “to champion, nurture and connect members to deliver innovative products and expand consumption of specialty foods.” According to its website, SFA was founded in 1952 and represents over 3,000 businesses. Specialty food sales in the United States exceeded $148 billion in 2019, […]
HONG KONG, Jan 3, 2023 – (ACN Newswire) – – Tianyun Global Holdings Limited (“Tianyun Worldwide“, collectively with its subsidiaries, (the “Group”) (Stock Code: 6836.HK), a leading vendor and producer of processed fruit merchandise in the People’s Republic of China (“PRC”), is happy to announce that the Team has signed a Memorandum of Comprehending (MOU) with SF Innovation Co., Ltd., a main Korean foods and beverage manufacturing corporation, below which the two providers will perform jointly as strategic associates to […]
BETHESDA, Md., Sept. 27, 2022 /PRNewswire/ — Streetsense, an experience-focused strategy and design collective, is pleased to today announce the acquisition of Pure Grey, Marriott International’s in-house food and beverage concept and operations consultancy. Pure Grey is a leading expert in food and beverage operations, hospitality-based consulting services and concept development. The firm delivers unmatched experiences across all hospitality segments, including licensing its own restaurant brands internationally, such as Spice Market and Market Kitchen. Pure Grey has developed many memorable […]
With just over three weeks until the start of the new year, retailers are looking for the items that are popular with consumers in order to give the people what they want. With that in mind, Yelp has provided a look at the dining trends retailers need to know heading into 2022. The review platform reports that dining out will look back to find its future by reinventing classic drinks, finding new takes on comfort foods and embracing how a […]
Experts predict the top beverage industry trends of the season. getty The last year has completely upended the drinks industry. Bars crumbled in favor of at-home drinking. Consumers drank more, or not at all, fueling a wave of non-alcoholic options. Hard seltzer rose, then fell, then paved the way for a whole slew creative RTDs. Sustainability continued to become a larger and larger part of the conversation, while a proliferation of online ordering options made it easier than ever to […]