2022 in review: Rampant inflation, the end of the honeymoon period for plant-based meat, and added sugar under attack By Elaine Watson 21-Dec-2022 - Last updated on 21-Dec-2022 at 16:05 GMT Facebook Twitter Linkedin Email to a friend With surging inflation and continuing supply chain disruptions, 2022 has been another challenging year for the nation’s food and beverage manufacturers. Here are some of the highlights (and a few low lights) and a look ahead to 2023. 2022 in review: Rampant inflation, the end of the honeymoon period for plant-based meat, and added sugar under attack INFLATION: Don’t expect significant respite soon, says Bernstein COGS: ‘We struggle to see how companies will combat this higher inflation without additional price increases’ PROMOTIONS: Percentage of sales sold on promotion still well below pre-pandemic levels JOB LOSSES: Belts tighten as margins are squeezed JBS pulls plug on Planterra Foods All eyes on Kroger/Albertsons FOOD-AT-HOME: The new normal? SUSTAINABILITY: Is there such a thing as carbon neutral food? WHAT IS HEALTHY? FDA homes in on added sugar ADDED SUGAR TARGETS: Biden administration mulls voluntary targets HIGH INTENSITY SWEETENERS: WHO sounds cautionary note WHO sounds cautionary note on high intensity sweeteners CBD: Regulatory blues continue, but hope reigns eternal LITIGATION: Added sugar, eco-claims, food colors, and heavy metals in the spotlight MEATY DISPUTES: Alt meat players square up in the courts PLANT-BASED MEAT AND DAIRY ALTERNATIVES: A mixed bag PONGAMIA: New plant-based kid on the block CULTIVATED MEAT: The moment of truth approaches in the US market DESIGNER FATS: From microbial fermentation to oleogels ANIMAL-FREE DAIRY: From the lab to the real world Prev 1 2 3 4 5 … 21 Next
