In this podcast, Scott Dicker, market insights director at SPINS LLC, discusses those natural and organic categories that are doing well (think global flavors, at-home meals) and he shares an inside look at SPINS’ top trends for 2024!
Bobo's, known for oat bars, oat bites and baked goods, announced its new partnership with Rabobank's Acorn initiative to help the snack brand reach its carbon neutrality goals and further invest in a more sustainable future. The amount of carbon captured by the trees and plants planted as part of Acorn's agroforestry program is monitored with remote sensing techniques. Each ton of captured carbon represents one carbon removal unit (CRU). These CRU's, which are traceable, certified and nature based, are sold to responsible companies like Bobo's.
Bulking sweeteners, such as sugar alcohols and the newer, rare sugars allulose and tagatose, can require usage levels that are not commercially viable. Plus, parents might be hesitant to purchase cereals with these sucrose substitutes because of a lack of familiarity. Meanwhile, high-intensity sweeteners lack the multifaceted functionality and taste of sucrose and fructose and are not suitable for children whose sweet tooth could use subduing towards lower levels of sweetness in foods.
Several of Innova Market Insights Top 10 Trends for 2024 support continued successes in the snack food industry. Our third 2024 trend, “Prioritizing Prevention,” demonstrates how consumers take action to prevent health concerns and select healthier snacks.
Leading food and beverage companies and retail and foodservice operators are committing to aggressive goals to offset climate change and greenhouse gas emissions.
Food and beverage product developers continue to find new approaches to plant based product development. New technologies, consumer insights and increased scope of distribution have led momentum in the plant based segment.
The US Congress recently passed bipartisan legislation that ensures organic standards evolve and improve, while holding the federal government accountable for remaining familiar with the needs and expectations in the organic marketplace.