Food Quarterly Archives

Instacart Drops Valuation Ahead of IPO but Reports Positive Profits in H1/2023

August 27, 2023 Chris Thompson

Instacart, a prominent figure in the online grocery delivery landscape, has unveiled its intentions to enter the public market. Instacart’s financial health has shown a significant improvement in recent years. Total revenue hit $2.55 billion in 2022 up from $1.83 million in 2021, an increase of 39%. The company reported a profit of $428 million in 2022, up from a net loss of $73 million in 2021. [more]

Food Quarterly – Who Decides What’s For Dinner Tonight?

November 29, 2021 Claude Camire

We review different companies that compose the industry: the trends, issues, challenges, and their strategies. For this first edition, we will just provide an overview of the key points. Our ultimate goal is to identify companies and products that may have a strategic advantage in competing in this transforming industry.
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Plant-Based Food Industry Update – Continued Growth in Plant-Based Meat Following Shifting Consumer Preferences

February 7, 2021 Michael Lacasse

Plant-based food technology is revolutionizing the way we see food. Texture and flavour innovations combined with lower environmental and health costs support remarkable product growth to meet consumer demand. [more]

Plant-based Food Industry Update – Modern Meat Goes Public, Burcon Raises $95M, and Yield Growth Changes Name to Better Plant Sciences

September 19, 2020 Jay Yi

The plant-based food industry is continuing to disrupt traditional food products and processes, as consumers change behaviours towards veganism and healthier food options, while incidences of intolerance for animal proteins increase. [more]