Retail Market Trends

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It's clear that the plant-based revolution rolls on and continues to evolve. And not only has it reached mainstream status—but now it might be described as a global phenomenon.

Innova Market Insights’ No. 2 trend for 2021, Plant-Forward, signifies the evolution of plant-based concepts beyond the core dairy and meat alternatives categories. In 2020, no fewer than 67% of all new products with ‘plant-based’ claims were launched outside of these pioneering sectors. In the confectionery market, for example, more milk-free and gelatin-free products are hitting the shelves, as highlighted in a new report from Innova Market Insights. Meanwhile, the plant-based confectionery space is growing in popularity.

Whether it’s for a nutritious treat, comfort from stress, or a quick meal, US consumers increasingly turn to fruits, nuts, and ready-to-eat snack foods throughout the day, reports The NPD Group. Over the past five years, Americans added 25 between-meal snacking occasions per capita, from 505 between-meal snacking occasions per capita in 2015 to 530 in 2020, and consumption of snack foods at meals increased from 21% of eatings in 2010 to 26% in 2020.

In a world of accolades, there’s nothing quite like Prepared Foods’ annual Spirit of Innovation (SOI) Awards. Since 2003, these awards have stood out for the unique way that they honor the hard-working people behind new products.

The events of 2020 have upended almost every norm across the globe. The impact has been felt deeply in the most fundamental areas of our lives, including all things food-related.

Lyons Magnus, a global foodservice and ingredient source, released predictions for five emerging trends that will influence food and beverage menus in 2021 and beyond.