food sector Archives - Business Intelligence

Tag: food sector

Organic Food

Top Organic Food Brands Contributing Towards the Organic Movement

Numerous health buffs are advocating the need to consume organic foods with the majority of the population the following suit. For the general population, organic food is just another kind of food, which is supposedly healthy, but it is merely a different method of producing food. Historically, humans have been consuming organic food, but due to several challenges, farmers have started using various chemicals, antibiotics, food additives, and GMOs. Such chemicals and food additives have a negative impact on the human body. As a result, there’s a growing awareness for the consumption of organic food. Organic food includes any plant or animal which is grown organically, i.e., without the use of any chemicals, antibiotics, or additives. So, what are the top brands contributing to the growing trend of organic food? Explore here!

With rapid changes in the organic food market, are you facing challenges in keeping pace with market changes and industry developments? Our market research experts can help. Request a FREE proposal today!Request Proposal

Top organic food brands

Horizon Organic

Horizon Organic is an American company founded in 1991. It is the largest producer of organic milk in North America. Apart from milk, the company also sells other milk-based products such as cheese, yogurt, and butter. The brand is claimed to be organic by USDA and free of any additives. The company enjoys a monopoly in the South-eastern US milk market as it procures majority of the organic milk from over 700 farms across the US. Even their cows are fed organic food and are pasture-raised without the use of any antibiotics or growth hormones.

Riverford

The origins of Riverford dates back to 1950s when the farm was taken over by the Watson family and converted into an organic farm by the mid-80s. The organic food brand has four farms across the country to distribute its products more efficiently across the nation. The company banks on its innovative organic veg boxes delivered to around 45,000 houses per week. The company also provides organic meat and fruit boxes along with wine and beer.

Our custom market intelligence solution can help food and beverage companies in critical decision-making areas of pricing, demand forecasting, and product promotion. Contact us today!

Contact US

Amy’s Kitchen

Amy’s Kitchen is a family-owned company that manufactures organic and non-GMO convenience and frozen foods in the US. The company has its headquarters in Petaluma, California and produces vegan foods organically. The company also has over 130 gluten-free products. Their organic food product line consists of foods like pizza snacks, carrot ginger soup, paneer tikka, vegetable soup, paella bowl, enchilada, candies, pad Thai, broccoli pot pie, and many more.

Eden Foods Inc.

Eden Foods Inc. or Eden Organic is an American organic food brand. The company is best known for its line of organic soy milk under the brand name Edensoy. Founded in 1969 as a co-op grocery store in Ann Arbor, Michigan, the company also claims to be the oldest independent organic food producer. Majority of Eden Food’s products are organic and vegan, apart from Katuso, a Japanese fish flake. In 1997, a test was conducted by the New York Times to look for traces of GMOs in 11 soy and corn-based products. The result found that only Eden’s milk tested clean.

Organic Valley

Organic Valley is an independent cooperative of organic farmers based out of the US. It is also the nations largest farmer-owned organic cooperative besides being one of the biggest organic food brands. The company has a farmer base of more than 2000 owners across the US, Canada, Australia and the UK. The company markets its products across the US and exports it to 25 other countries. The company reported a sales figure of over $1.1 billion selling products such as dairy, egg, soy, and meat. The organic food brand sells its meat products including chicken, pork, beef, and turkey under the brand name Organic Prairie.

Want to gather more insights into our services portfolio? Request a FREE brochure!Brochure CTA

market intelligence

Current Trends and Challenges to Watch Out for in the Fast Food Industry

Looking back, there has been a drastic change in the food-habits people have been following around the globe over the years. With the dawn of the fast food revolution, pizzas and burgers have been ruling the taste buds of people around the world. However, this trend took a ‘U-turn’ back to healthy eating habits because of the growing health concerns and increasing popularity of healthy food among consumers. But this drastic change has not taken a severe toll on the fast food industry yet. Globally, the fast food industry generates revenues of over a whopping $570 billion – which is higher than the economic value of most countries. According to Technavio’s report on global quick service restaurant market 2016-2020, the global quick-service restaurants market is expected to grow at a CAGR of almost 4 % during the period. Join us as we explore some of the latest trends and challenges in the fast food industry:Contact US

 

Fast Food Industry Trends

With increasing competition in the fast food industry, innovation and change have become inevitable to keep your customer base in place. The players in the fast food industry are continuously experimenting with new techniques, which will help them to attract potential customers and simultaneously maintain the loyalty of existing ones. Below are some of the trends that are influencing companies in the fast food industry:Trends and Challenges to Watch Out for in the Fast Food Industry

  • Speedier payment methods The idea of reducing the wait-time in service was one of the primary drivers that led to the birth of the fast food Brands operating in the fast food industry are trying to formulate new ways in which they can make transactions faster and easier. Several companies have formulated methods and apps by which customers can now directly pay through their phones by enabling quicker transactions.
  • Revamped menu cards – The tug of war between the demand for healthy food and tasty, indulgent ones are forcing players in the fast food industry to add a pinch of nutritional touch to their products. The whole idea is to prevent the loss of customers due to their inclination towards healthy food habits.
  • Automation in fast food – Several popular food chains such as McDonald’s have already introduced automation through self-order kiosks in their outlets to make the food ordering process simpler and quicker. Automation in the fast food industry will reduce the risk of order errors and also reduce the wait time for customers.

Continue reading to know more about the fast food industry challenges or request a free proposal below!

proposal (more…)

healthcare market research

These Gourmet Food Trends Will Make You the Gordon Ramsay Of Food Industry

We don’t ‘eat to live’ anymore, food has become more of an experience that people like to cherish and share a part of that experience with their peers through social media. Today, people take their food very seriously – from the cooking to plating, nothing goes unnoticed in the radar of a customer’s eye. This has broken out ‘the gourmet’ revolution that emphasizes on a providing a premium dining experience to the customers. Players in the food industry are increasingly harnessing technologies to successfully incorporate diversity and a pinch of uniqueness into their offerings. Here are our picks of the top gourmet food trends that are going to transform your dining experience:
IR_Brochure

Bring the Theatre to The Table

As we had already mentioned, dining has become more or less all about the experience that the customer gets out of it. Restaurateurs today are contemplating ideas to bring unique and memorable dining experience to the customer’s table. Underwater restaurants, themed dining areas, and roof-top dining experiences are some of the main innovations that are becoming widely popular gourmet food trends to create long-lasting experiences for their customers.

Nomadic Restaurants Are Popping Up

Have you ever looked at a newly opened small restaurant space and wondered how you had not noticed its presence before at that spot? Well, what you are witnessing is a called the ‘Pop-up’ revolution. From empty warehouses to shopping malls, or even a transport tunnel, today you get to see pop up restaurants everywhere. What makes them unique among the other gourmet food trends is their unusual location and the limited dining space and options available in them.

‘Unusual’ Is the New Trend in the Spotlight

Today’s customers are more open to experimenting with food, which gives food service industry players the liberty to experiment with various gourmet food trends. Many restaurants have started offering unusual and unique combos of food that are not commonly tried together, e.g., a popular restaurant in London sells champagne with hot dogs. Interestingly, these bizarre gourmet food trends are slowly being widely accepted and are extremely popular among the common masses.

Infusing Technology into Food

The food service industry is one of the top sectors to have benefited from the advent of technology; from drone deliveries to robot waiters, the players in this sector are leaving no stone unturned to stand out from the crowd in providing their customers a unique dining experience.


To know more about how gourmet food trends are transforming the food service industryAsk an analyst

Related Insights:

IR24

Sourcing in The Food Industry: The Secret Recipe for Success

The food industry has been influenced by various trends in recent times. This calls for the players in the industry to be on their toes to watch out for these changes and adapt accordingly. If you go through the revenue data of the food industry for the past decade, you will find a noticeable decline in the profits. What could be the reason for this you wonder? Increasing competition from private label players, growing trend of value and price-conscious customers, more number of discounters in the market, etc. are some of the few reasons that have been adding salt to the already wounded profit margins in the food industry. The only way companies in the food industry can increase their profits in the existing market situation is to transform the way they specify, source, and manage the supply of raw materials, which will eventually help them to cut costs, meet the changing consumer preferences, and manage risks efficiently. So how can companies efficiently alter their sourcing strategies and gain better business efficiency? Gear up as we reveal the secret formula:IR_Brochure

Adopt Flexible Sourcing Techniques

We have seen a steep fall in commodity prices over the past few years. Therefore, it is essential for players in the food industry to formulate flexible sourcing plans to determine the cheapest and most cost-effective medium of sourcing products to widen the profit margins. A large number of food industry companies are also resorting to ‘clean-sheet cost modeling’ techniques, which allows them to build a comprehensive idea of the cost drivers of existing potential suppliers. Food industry clients can benefit from this as it will enable them to determine effective negotiation strategies that will prove to be the most cost-effective for them.

Keep an Eye on Changes Around You

Due to the extremely volatile and dynamic market conditions, food industry companies have to make a note of these three techniques to thrive in the long run:

  • Identify the different variables that affect pricing and demand.This will help businesses to improve their forecasting abilities and formulate better sourcing policies
  • Make changes in the product mix and supply chains based on the forecasts
  • Use the data from forecasting to hedge against future price fluctuations

Optimize Product Specifications

Food industry companies can leverage ‘Design-to-Value’ techniques to understand which features of their products make maximum impact on their customers. How can food retailers benefit from this you wonder? Identifying consumer tastes and preferences creates an opportunity for companies to make necessary alterations in specifications and reduce costs significantly. Companies can simultaneously increase product value by optimizing their product specifications as per customer demands.

To know more about sourcing in the food industryAsk an analyst

Related Insights: 

fast food industry

Trends and Challenges in the Fast Food Industry 2020

Companies in the fast food industry provide quick and affordable alternatives to home-cooked meal for young adults, working professionals, and families. Click To Tweet

The recent craze of consuming food products that are healthy hasn’t affected the sales of the fast food industry. On the contrary, the fast food industry has found a way to satiate the health and nutritional needs of the consumers by offering healthy versions of their food products. The fast food industry has gained momentum owing to factors such as increased women participation in the workforce, long working hours, and lack of time for meal preparation among several others. Thus, with the increasing preference for convenience among consumers, the popularity of order takeaways or eat in quick-service restaurants has increased. The food manufacturers in the fast food industry provide quick and affordable alternatives to home-cooked meal for young adults, working professionals, and families. The growth in the food and beverage industry can be attributed to technological advancements, streamlined and controlled manufacturing processes, growth in population, and improved cold chain technology.

With consumer demands and preferences changing rapidly, it’s high time for fast food companies to take a look at their strategies to better connect with target consumers. Want to gather more insights into the trends and challenges? Our market intelligence experts can help. Request a FREE proposal today!Request Proposal

Companies in the fast food industry operate on relatively small margins and face flat sales – a result of the constant price wars among the restaurateurs in the highly competitive market. Several trends such as increasing demand for home delivery services, drive-thru options, increasing consumption of technology and web-enabled applications among others are set to drive the growth in the fast food industry, globally. Apart from such trends, the fast food industry faces challenges such as lack of fresh ingredients, increase in consumer demand for healthy food, rising competition, and quick food options such as ready-to-eat meals and products, which can wreak havoc and result in narrower margins for the restaurant owners.

Fast Food Industry Trends

Technology, Drive-Thru, and Demand for Home Delivery

The food industry is increasingly embracing technology, social media, and internet-based mobile applications to reach their potential customers and drive sales and create revenue opportunities. Technology in the food industry has transformed everything right from ordering food, pick-up, and meal delivery. Fast food restaurants are also adopting tech-driven and web-enabled mobile applications to entice customers with a wide range of payment options.

Gain competitive intelligence about market leaders, track key industry trends, opportunities and threats with our advanced market intelligence solutions. Get in touch with our experts for more insights on our solutions.Contact US

Fast Food Industry Challenges

The fast food industry will face a slew of challenges as consumers prefer to order and consume food within the comfort of their homes. Factors such as weather conditions, traffic problems, lack of time, and longer working hours will give momentum to alternative options such as meal delivery services, convenience foods like ready to eat meals and ready to cook products. The food service industry also faces a very low customer loyalty due to increasing competition and lack of innovation in products and services. Today, consumers increasingly prefer food providers that follow a Fairtrade practice, offer environmentally sustainable and healthy options, and prefer naturally sourced food products. This makes it extremely difficult for companies in the fast food industry to source these products at a relatively affordable price without logistical problems.

Learn how our solutions can help you stay updated with the latest trends and opportunities. Request a FREE brochure!Brochure CTA

Close
Infiti Logo

Hello there!

Contact us to know more about our cost-effective custom market research offerings to support efficient market penetration, new product launch, and devise strategies to monitor and outperform your competitors.

Cookie Policy

The Site uses cookies to record users' preferences in relation to the functionality of accessibility. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice