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Food & Beverage news in the USA
An overview of news, trends and research in the Food & Beverage industry in the USA:
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Amanda Wittstrom Higgins launches wine industry consulting firm
Amanda Wittstrom Higgins, a wine and spirits industry expert and business strategist, has launched a consulting firm based in Paso Robles – in the heart of California’s Central Coast wine country.
09 March 2022
Absolut picks GEP procurement software
Spirits manufacturer Absolut has selected GEP Software to transform its source-to-contract process in Europe.
04 January 2022
CPG brands expect to shell out even more on packaging
Consumer packaged goods (CPG) brand owners expect to increase spending on packaging in the next two years, well in excess of inflation, according to a recent report from L.E.K. Consulting.
25 November 2021
Pet ownership to keep growing after pandemic bump
Pet ownership is expected to keep growing even after the pandemic caused a significant bump in pet ownership, according to research from L.E.K. Consulting.
20 July 2021
Cultivated meat could be a $25-billion global industry by 2030
Cultivated (or lab-grown) meat could be a $25-billion global industry by 2030, according to a new report from consulting firm McKinsey & Company.
16 July 2021
How DSS has helped Tyson Foods optimize its workforce
An e-learning tool from Dupont Sustainable Solutions has helped Tyson Foods optimize its 8,500-strong workforce over the course of a decade. A roundup of the project and its impact.
01 June 2021
Restaurant consultancy Suited Hospitality launches in Napa Valley
Suited Hospitality, a consulting firm catering to fine dining establishments, has launched in Napa, California.
01 June 2021
US legal cannabis market shows strong fundamentals for growth
Broad acceptance and growing habitual consumption is driving growth in the global legal cannabis market, evidenced by soaring numbers in the United States (US).
10 February 2021
Restaurants will see pared down menus, more digitalization in 2021
Technomic, a Chicago-based management consultancy focusing on the foodservice industry, in a recent report highlighted several likely trends for the beleaguered industry next year – including pared d
23 December 2020
Big brands have key role to play in emerging US cannabis market
Cannabis-derived products in the health & beauty and food & beverage categories are a growing and increasingly lucrative market that has yet to be adequately developed.
06 November 2020
Consumers buying more fresh food, but making fewer trips to store
The pandemic is, unsurprisingly, driving changes in how consumers shop for fresh food groceries, according to recent report from consulting firm Deloitte.
16 October 2020
Treasure8 and PA Consulting team up to reduce food waste
Treasure8, a San Francisco-based food tech startup, has partnered with innovation consultancy PA Consulting to scale and deploy Treasure 8’s food tech platform.
05 August 2020
Las Vegas firms The Strategy Organization and ATM Hospitality team up
The Strategy Organization, a gaming sector-focused consultancy, has partnered with ATM Hospitality, an expert in food and beverage operations.
14 July 2020
Uber buys food delivery service Postmates for $2.65 billion
Uber has strengthened its food delivery service, Uber Eats, with the purchase of Postmates in a $2.65 billion all-stock deal.
10 July 2020
Accenture supports Del Monte with SAP cloud migration
Accenture has helped consumer goods company Del Monte implement a comprehensive transition to Amazon Web Services (AWS). The process was completed in less than four months.
04 June 2020
Constellation Brands growth leader among CPG firms in 2019
Alcoholic beverage company Constellation Brands was the top growth leader for large companies in consumer packaged goods, according to Boston Consulting Group (BCG) and IRI’s annual US CPG study.
11 May 2020
Fresh Del Monte Produce adds Guidehouse COO Charles Beard to board
Fruit and vegetable giant Fresh Del Monte Produce has welcomed Charles Beard as an independent board member.
17 April 2020
Restaurant industry optimism tumbles as food and labor costs rise
Only 56% of US foodservice operators said they expect their industry to grow over the next three years, according to a recent study from L.E.K. Consulting.
02 March 2020
Restaurant consultancy Goliath welcomes new partner Reginald Coachman
Goliath Consulting Group, an Atlanta-based firm specializing in the restaurant industry, has welcomed Reginald Coachman as a partner and chief consulting officer.
20 January 2020
Plant-based meat to rise in popularity as big food firms edge into market
Plant-based meat – the stuff that’s supposed to mimic the taste of meat, like the Impossible Burger, rather than a simple tofu dog – is gaining in popularity and investor interest.
08 January 2020
North America's legal cannabis market to grow to $37.9 billion by 2024
The legal cannabis market in North America is projected to grow to $37.9 billion by 2024, according to research consultancy Prohibition Partners.
23 December 2019
Deloitte: Fresh food presents ripe opportunity for retailers, manufacturers
A report from Big Four firm Deloitte shows that there is increasing value in fresh food for retailers and manufacturers.
25 November 2019
Strategy& projects US restaurant market to grow by 2.5% to 2022
A recent Strategy& study – commissioned by TripAdvisor – projects that the US restaurant market will expend by a CAGR of 2.5% between 2018 and 2022, while the global restaurant market will grow 4.
31 October 2019
Winsight announces two key executive appointments
Food and beverage (F&B), convenience retail, and grocery industry service provider Winsight has announced the appointment of two key executive positions.
15 August 2019
Fast-moving consumer goods brands post record profitability in 2018
Profitability of the top Global 50 FMCG companies reached 18.2% in 2018 – the highest point since OC&C Strategy Consultants started their annual Global 50 report in 2002.
11 July 2019
EY inks deal to build blockchain-powered wine authenticator
Big Four professional services firm EY is leveraging blockchain to take a sip of the lucrative wine industry.
03 June 2019
A.T. Kearney launches wine and spirits distribution report SipSource
Global management consulting firm A.T.
23 May 2019
Labor issues, financial unease top restaurant industry concerns in 2019
A new survey from global consulting firm AlixPartners has found that restaurant consumers are increasingly “jittery” in terms of finances, while also supportive of significant minimum wage increases
13 May 2019
US grocery sector in store for further hard discounter expansion
Hard discounters offer customers bulk food at low prices in an unassuming shopping environment.
01 April 2019
Amazon Go revamping convenience store shopping
The new checkout-free stores from e-commerce and tech giant Amazon are upping how convenient a convenience store can be.
20 March 2019
Cognizant tapped to draw up Jack in the Box's new digital roadmap
Technology consulting firm Cognizant is developing a new digital strategy for fast-food chain Jack in the Box.
15 March 2019
Meatless consumption remains strong due to specialty diets
A recent study from research and consulting firm Technomic has found that more people are switching to restrictive specialty diets – driving continuing growth in meat alternative consumption.
07 March 2019
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