Welcome to Food Week February 7 -13. For the first time ever, Valentine’s Eve is also Super Bowl Sunday. That seems weird. Of course, it’s weird that Canada seems even crazier than the US. It seems weird that Domino’s would spend 50X as much on promoting charitable activity as the actual contribution. But then again you’ll soon be able to have a McDonalds meal with your Sim. So embrace the weird.
The alt-protein curious are still waiting for the economics to improve. A significant deterrent to eating more plant-based meats is that they remain expensive. It’s 2x as expensive as conventional beef (per lb.), 3x as expensive as pork, and 4x as expensive as chicken. For most, lower prices would likely increase purchase intent.
Hormel Foods‘ snack brands folded into $3.35B Planters acquisition. I wonder whether this is part of a diversification strategy with non-animal based proteins.
We can talk about projection but consumers want recognizable ingredients in the foods they give their pets. Pet parents (argh) want foods similar to the ones they themselves eat. And so they want transparency in the pet food chain, to understand how clean the ingredients in their pets’ foods are.
RESTAURANTS AND FOODSERVICE
Give local businesses $100k, Spend $50M telling people about it. Domino’s has kind of skewed this PR campaign up.
McDonalds working to combine virtual restaurant with home delivery.
A bountiful world of food choice… if you are a Sim.
Making food donations easier and standardizing date labels were the two most popular consumer choices to reduce food waste. 90% supported & 80% agreed on their effectiveness. US households waste 32% of purchased food.