The global ready-to-drink coffee market is set to witness growth at a compound annual growth rate (CAGR) of 8.3 per cent and is anticipated to reach a valuation of around US$42.3 billion by 10 years from now, according to new research. The report from Future Market Insights notes that while some of this growth can […]
Plant-based products and meat alternatives have been hot commodities for consumers for some years now. Both restaurants and consumer packaged goods sellers have ramped up their sourcing and prediction to meet the demand, which is born out of numerous factors such as the quest for health and reduced environmental impact, the price of meat, and […]
That the COVID-19 pandemic has changed foodservice forever appears evident. But how exactly will consumers interact with restaurants in a post-pandemic world? Canadians have developed many new habits in how they go about their daily lives and access their food. Vince Sgabellone, a Canadian Foodservice Industry Analyst at the NPD Group, highlights five trends to […]
The pandemic has already raised costs in foodservice and beyond, wreaking havoc on supply chains and food availability. And Canadians are about to start paying a whole lot more for food, according to Canada’s Food Price Report 2022. The guide, released on December 9, is published annually by researchers with Dalhousie University, the University of Guelph, […]
