Healthier lifestyles are a focus for today’s consumers with an increased interest in children’s products and better-for-the-environment, refillable and reusable packaging. Ice cream is a fan favorite among all generations and a popular vehicle for experimentation and innovation, while demand for convenient, portable food options is driving handheld innovations in format and flavor. From slicing and dicing and salad prep to churning out coffee, slinging burgers, and making pizzas to serving and delivering, robots are enhancing the dining experience and are emerging in the beauty space. Trendincite LLC releases the Top 5 2024 Trends & Beyond predictions.
Parents and caretakers want what’s best for their children. According to Future Market Insights, the global kid’s food and beverage market is estimated to reach $138.8 billion in 2023 and is projected to reach $253.3 billion by 2033 with a 6.2% CAGR. The baby personal care market is estimated to be $6.08 billion in 2023 and is predicted to reach $8.71 billion by 2033 with a 5% CAGR. As parents focus on health and wellness in their lifestyles, this behavior is echoed in the consumer packaged goods and services they choose for their children. From food and beverage to personal care products, convenience is the main driver followed by healthier, better-for-you products. Portable children’s products with plant-based formulas, naturals, and better-for-you ingredients are hitting shelves. Keep an eye out for children’s consumer packaged goods that mimic adult trends and products.