Chicago-based food companies like Mush and Farmer's Fridge are experiencing rapid growth as consumers increasingly turn away from processed foods in favor of healthier, more authentic options.
Mush, a ready-to-eat overnight oats company founded by Ashley Thompson 10 years ago, has sold over 200 million cups and caught the attention of Whole Foods, which has requested Mush to also create protein bars. According to Thompson, consumers are "eating more intentionally" and moving away from processed foods towards cleaner, simpler, and nutrient-dense food.
Farmer's Fridge, another Chicago-based company, is growing steadily and has been able to launch new products quickly due to its agility. Founder Luke Saunders credits the shift in consumer behavior for the company's success: "People are sick of eating the same old processed foods every day...they want to eat healthy, they want to eat fresh."
Meanwhile, Kraft Heinz, one of the largest food and beverage companies in the world, is trying to adapt to this changing market. The company recently announced that it will split into two separate companies to accelerate its growth amid waning consumer interest.
Despite these efforts, some industry experts argue that big brands are still struggling to keep up with consumers' growing demand for healthier options. Ernest Baskin, assistant professor at Saint Joseph's University in Pennsylvania, notes that "big giants lean into trends" but often struggle to implement changes quickly enough.
To overcome this challenge, companies like Mush and Farmer's Fridge are focusing on authenticity and transparency. Thompson of Mush says that marketing plays a key role in drawing customers, particularly for independent brands: "Consumers really want authenticity...they want to understand why this company came to exist, who the founder is, what they're attempting to do."
As the food industry continues to shift towards healthier options, companies like Mush and Farmer's Fridge are poised to benefit from consumers' growing demand for cleaner, more authentic food. And with big brands like Kraft Heinz trying to adapt to this changing market, it will be interesting to see how the landscape of the food industry evolves in the years to come.
Acquisitions are also playing a role as startups test new trends and larger conglomerates pick up the ones that do well. Simple Mills was acquired by Flowers Foods for $795 million in January, while Chicago-based supplement brand Vital Proteins was acquired by NestlΓ© Health Science in 2022.
As Abin Kuriakose, chief innovation officer at World Business Chicago, notes, "Corporates and startups are in a race to meet that demand...corporates are more open to connecting with startups through venture arms, partnerships, and events."
Mush, a ready-to-eat overnight oats company founded by Ashley Thompson 10 years ago, has sold over 200 million cups and caught the attention of Whole Foods, which has requested Mush to also create protein bars. According to Thompson, consumers are "eating more intentionally" and moving away from processed foods towards cleaner, simpler, and nutrient-dense food.
Farmer's Fridge, another Chicago-based company, is growing steadily and has been able to launch new products quickly due to its agility. Founder Luke Saunders credits the shift in consumer behavior for the company's success: "People are sick of eating the same old processed foods every day...they want to eat healthy, they want to eat fresh."
Meanwhile, Kraft Heinz, one of the largest food and beverage companies in the world, is trying to adapt to this changing market. The company recently announced that it will split into two separate companies to accelerate its growth amid waning consumer interest.
Despite these efforts, some industry experts argue that big brands are still struggling to keep up with consumers' growing demand for healthier options. Ernest Baskin, assistant professor at Saint Joseph's University in Pennsylvania, notes that "big giants lean into trends" but often struggle to implement changes quickly enough.
To overcome this challenge, companies like Mush and Farmer's Fridge are focusing on authenticity and transparency. Thompson of Mush says that marketing plays a key role in drawing customers, particularly for independent brands: "Consumers really want authenticity...they want to understand why this company came to exist, who the founder is, what they're attempting to do."
As the food industry continues to shift towards healthier options, companies like Mush and Farmer's Fridge are poised to benefit from consumers' growing demand for cleaner, more authentic food. And with big brands like Kraft Heinz trying to adapt to this changing market, it will be interesting to see how the landscape of the food industry evolves in the years to come.
Acquisitions are also playing a role as startups test new trends and larger conglomerates pick up the ones that do well. Simple Mills was acquired by Flowers Foods for $795 million in January, while Chicago-based supplement brand Vital Proteins was acquired by NestlΓ© Health Science in 2022.
As Abin Kuriakose, chief innovation officer at World Business Chicago, notes, "Corporates and startups are in a race to meet that demand...corporates are more open to connecting with startups through venture arms, partnerships, and events."