1.2 Million Consumers Have Cut the Cord, Shifting the Media Landscape

1.2 Million Consumers Have Cut the Cord, Shifting the Media Landscape

Now that content is readily available for instant streaming on so many platforms like Hulu and Netflix, consumers are no longer willing to pay premium pricing for cable.

Although there are still 91 million customers with cable, Telco TV, or Satelite dish, according to "Cord Cutters News" over 13,000 people a day are canceling traditional TV.

In the months of July, August, and September- cable, Telco TV, or Satelite dish lost at least 1.1 million subscribers, as reported by the research firm MoffettNathanson.

"Satellite TV providers had their worst quarter on record with a loss of 726,000 subscribers, the firm says. Cable operators have been hit with a tough trend, too. So far this year, they have lost nearly 1.1 million subscribers, their worst losses at the three-quarter mark since 2014. So far this year, traditional pay-TV providers have lost 2.8 million subscribers," writes "USA Today."

However, "Cord Cutters News" claims that this is likely an underestimate.

Read More

Tyson Releases List of 2019 Food Trends

Tyson Releases List of 2019 Food Trends

As the end of 2018 quickly approaches, marketers are trying to predict what 2019 will bring to stay ahead of the trends.

This year, the U.S. food company Tyson Foods has compiled a list of trends and insights from its leading foodservice experts and innovators.

So what did the chicken, beef, and pork processor highlight as the food trends that will be on the tip of the tongue in 2019?

Well, consumers will be looking for the right foods that promote health and beauty.

"Superfoods" will continue to grow in popularity, especially those that are easy to eat on the go.

"In 2019, more people will be thinking strategically about eating foods that help give them energy, focus, and sharper thinking," writes Tyson Foods. "Health and wellness has evolved from not only eliminating ingredients that detract or don’t facilitate vitality but adding ingredients that may offer extra health benefits."

Read More

Big Food is Fostering Innovation

Big Food is Fostering Innovation

Large corporations have been noticing how consumers have been favoring products made by independent startup food companies, since a good chunk of those provide craft, high-quality, niche, and, a lot of times, healthier products.

Needless to say, big food wants in. Especially, since this specialty food segment has a tremendous growth potential.

So, how is big food seeking innovation?

Companies like Campbell Soup, Chobani, Kellogg, Kraft Heinz, Nestlé, PepsiCo, and Tyson are creating innovation centers and/or partnering with existing incubators to help niche brands grow and flourish.

Read More

Why Millennials Want Smaller Turkeys

Why Millennials Want Smaller Turkeys

For years, the bigger the turkey was on the Thanksgiving table, the better. But this year's turkeys are trending smaller and that isn't by accident.

This is because millennials aren't looking for those pump massive turkeys that leave leftovers for days.

Food waste is becoming an increasingly concerning issue,” said Michael Averbook, a food and drink analyst at Mintel Group to "Fortune." “Leftovers are part of the fun and tradition of the holidays, and this may be a small step for individuals to feel less wasteful and socially responsible.”

Not only do millennials want to be less wasteful, but they are also more concerned about how the turkey is treated prior to being placed on the dinner table.

“People are starting to understand it’s not natural to grow turkeys up to 30 pounds,” said Ariane Daguin, co-founder and owner of D’Artagnan LLC to "Fortune." “In general, that means they were penned up with no room to move around, and that’s why they’re fat like that.”

Read More

How Gen Z Cooks and Eats

How Gen Z Cooks and Eats

The generation after millennials, Generation Z now makes up 25 percent of the population. This segment of the population is bigger than the Baby Boomers or millennials.

With that being said, this group will someday have the greatest buying power.

The Hartman Group just released a report specifically on this population and its eating habits.

This group, which is made of people born from the mid-1990s to the early 2000s, is much more familiar with cooking at home, although they rely on adults to provide them with the food and beverages in the household.

"Busy household schedules mean that teens do much of their own food prep and often eat alone for every meal except dinner (and occasionally at dinner, too)," according to The Hartman Group’s Gen Z 2018 report. "With so much autonomy at home and easy access to information and instruction, Gen Z are actually quite confident in the kitchen. A practical generation, they see cooking as an accessible life skill available to anyone with an internet connection."

Read More

How Rich's Helps Define Clean Label and Sustainability

How Rich's Helps Define Clean Label and Sustainability
  • Rich’s vice president of Health and Authenticity, Jen VanDeWater, shares the company’s efforts on clean labeling and authenticity in their products.

On this episode of The Barron Report, Jen VanDewater, Vice President of Health and Authenticity at Rich Products Corporation, sits down with our host Paul Barron to discuss how a large company like Rich’s is addressing concerns over clean labeling and authenticity in their products, among other topics.

Read More

Why the Cannabis Edible Market is Expected to Boom in Canada

Why the Cannabis Edible Market is Expected to Boom in Canada

We recently reported that the edible sector in the cannabis market is expected to hit $ 4.1 billion by 2022 in both Canada and the U.S. according to recent report by Arcview Market Research.

This significant growth is partially attributed to Canada rolling out legalized cannabis earlier this week.

However, the cannabis industry is a heavily regulated industry and in the U.S. and this presents some challenges. Even in the U.S. states where cannabis is legal, the regulations differ from state to state.

So popular products like Nancy Whiteman’s cannabis caramels can be sold in Oregon but can't be sold in Colorado because they are too buttery to hold the imprint of the THC symbol.

With that in mind, Whiteman's Colorado-based cannabis company is focusing on different markets when it comes to some of its edible products.

Read More

Shake Shack and BurgerFi are the Only Burger Chains to Get an A on the Annual Antibiotics Report Card

Shake Shack and BurgerFi are the Only Burger Chains to Get an A on the Annual Antibiotics Report Card

The industry has evolved over the years to meet the demands of today's diners. Consumers have made it clear that they expect higher quality food product from restaurants.

With that being said, this has fueled the better-burger movement.

But this sector has quickly become competitive with so many brands for the consumer to choose from. There’s Shake Shack, Five Guys, Shula Burger, Burger 21, BurgerFi and so many more in the mix stealing away customers from McDonald’s and other quick-serve burger joints promising a better-burger burger product.

According to the latest antibiotics report card, only two burger chains out of the 25 graded received the grade A–BurgerFi and Shake Shack.

These chains are the only ones on the list serving antibiotic-free beef.

Read More

Discussion over Cold Brew Coffee is Up, According to Foodable Labs

Discussion over Cold Brew Coffee is Up, According to Foodable Labs

It can be said that in recent years, cold brew coffee has quickly made its way into mainstream.

Cold brew has a smoother chocolate coffee flavor as opposed to other versions of coffee. The reason behind this is the fact that more coffee grounds are used and the steep time can be quite long and delicate since instead of hot water, room temperature or cold water is used for this process.  

This bitterless beverage has in turn carved itself a path to reach consumers directly through grocery stores in made-to-go bottles, as well as being incorporated as a drink menu item in coffee shops and some emerging restaurant brands, alike.

Read More

Female-Led Funding Startup, AccelFoods Helps Other Food-Focused Startups like Soozy's Thrive

Female-Led Funding Startup, AccelFoods Helps Other Food-Focused Startups like Soozy's Thrive

On this episode of The Barron Report, our host Paul Barron speaks with Jordan Gaspar, co-founder of AccelFoods, and Susan Chen, CEO of Soozy’s, a frozen, gluten-free baked good product company that has partnered with the female-led venture capitalist group in order to grow its business.

Read More