News File – January 20, 2023
  • Foodtech
  • Investment and Policy
  • Funding & Investment
  • Regulatory & Policy

News File – January 20, 2023

Community Manager

Each Friday we’ll bring you a roundup of news from CFIN, YODL and around the food world.

As seen on YODL

Check out this week’s most viewed discussions:

Around the Food World

  • Acosta has released its insights into what shoppers will be looking for they shop in store for groceries or dine out this year.
  • Danone is the first food company to set a methane reduction target and align with the Global Methane Pledge.
  • A study in Nature Food journal on production metrics at Israel’s Believer Meats shows that cell-cultured meat can be scalable.

Did you Know?

A new survey by Steritech reveals what consumers want and don’t want when they visit a retail brand. The survey of more than 3,000 North American consumers found:

  • 74% expect a brand to provide the same experience in every store.
  • 25% said they would visit a brand less frequently after one negative experience, while; 59% said they would visit a location more often after one positive experience.
  • 52% said online reviews provide an accurate representation of a brand.
  • 29% said they were more likely to post a review about a good experience, vs. a bad experience (23%).
  • The most valued grocery store features cited by respondents are food (60%), value (57%), product availability (56%), customer service/staff disposition (40%), and store appearance (35%).
  • The least valued features of a brand cited were app and mobile ordering (10%), bathroom cleanliness (13%), store design or organization (22%), physical safety (25%) and food taste (25%).