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QSR’s Are Struggling to Cope with Record High Food Costs While Maintaining High Quality

The chicken wing shortage from earlier this summer continues to impact the food & beverage industry, leaving suppliers and restaurants scrambling to respond. This could only be the tip of the iceberg, though, in long-term impacts to the food supply chain. Food prices are hitting record highs, and because of the compounding issues squeezing farmers,…

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QSR’s Are Struggling to Cope with Record High Food Costs While Maintaining High Quality

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The chicken wing shortage from earlier this summer continues to impact the food & beverage industry, leaving suppliers and restaurants scrambling to respond. This could only be the tip of the iceberg, though, in long-term impacts to the food supply chain.

Food prices are hitting record highs, and because of the compounding issues squeezing farmers, producers, packers and grocers, there is no clear sign as to how long this price hike will last. How are the QSR’s and lower-priced restaurants that rely on appealing to a consumer’s wallet going to be able to adjust?

We pinged the host of The Main Course, Barbara Castiglia, on how restaurants will need to address their supply chain and pricing to keep their fans happy during this volatility.

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Former GLP-1 users cut fast-food spending more than current users, Numerator finds

Former GLP-1 users cut fast-food spending more than current users, Numerator finds

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  • 01Grocery spending recovers before brand spending after GLP-1 use ends: Costco gained 3.2% from lapsed households while three large packaged-food makers kept losing 4.3% to 6.6%.
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  • 01Research and Markets forecasts animal feed as the fastest-growing customer for protein ingredients through 2032, at 7.5% a year against 6.3% for the market overall.

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