Insights into the global food economy, restaurants and trends.
Last week, the Tesla diner Hollywood launch marked the automaker’s pivot into the food industry. Just like X Corp is looking to morph its messaging platform into an everything app, Tesla may be on the verge of diversification. Elon Musk’s Tesla diner just turned EV charging into a full-blown dining experience. If sustained, this will…
In the second week of July, news of the Ferrero Kellogg acquisition made headlines around the world. The Federro Kellogg deal comes in a season when the health consciousness of food consumers is at a record high. According to an official announcement by the two companies, Ferrero will seal the WK Kellogg acquisition deal for…
A 2021 Bloomberg economic report predicted significant plant-based food market growth by the coming decade. According to the report, the global plant-based food market is poised to hit $160 billion by 2030! For some perspective, that same market was doing a little above $29 billion in 2020. Judging by this data, veganism is becoming more…
The relationship between food packaging and consumer behavior is quite profound. Indeed, the interplay of these two concepts influences our food purchase decisions than we admit. We bet that at least on one occasion, you bought a snack or food item based on its alluring package. The packaging of a product, not just food, can…
Experts and stakeholders in the global food system are trying to predict the future of lab-grown meat. However, what becomes of this new sustainable protein source depends on its adoption. Now, imagine yourself being offered two burger options at a fast-food restaurant. One burger is made with a frozen patty, and the other is made…
