2020 Food and Beverage Trends

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Prepared Foods talks innovation strategy with Galit Feinreich founder and principal consultant at Little Wave Co., Los Angeles. Feinreich’s 20+ year career spans a range of companies from start-ups to multinationals across industries from enterprise software to sports nutrition and food. Current and recent clients to her consulting practice include Dole Packaged Foods, Nature’s Bakery and Cremo Company.

This new report dives into understanding the role of health within the indulgence and snacking category (globally, regionally, and across 22 countries) to help companies ensure their products are well positioned for today and for the future.

If 2020 had gone to plan, Natural Products Expo East 2020 would have been just around the corner and the NEXT team would have been presenting on the top growing and emerging trends that were unfolding on the trade show floor. Instead, we're looking to Natural Products Expo's Spark Change, which kicked off Wednesday, Aug. 26. 

Thanks to a partnership with Food Innovation Center at Rutgers University (FIC), the Specialty Food Association (SFA) persevered, and produced its 48th annual sofi™ Awards competition, resulting in 157 winners across 49 categories from around the world.

Prepared Foods is talking new products and honoring nine food and beverage companies for their excellence in consumer insights, R&D teamwork, cross-functional execution and overall innovation. Specifically, there are six category winners and three additional honorable mentions in Prepared Foods’ 18th annual Spirit of Innovation Awards (SOI).

Through a series of virtual classes, each with a contemporary take on mastering everyday home tasks and need-to-know life skills, “students” will learn everything from creative baking swaps and transforming food scraps to stocking up on grocery staples and choosing the right cleaning products.

While prevention and wellness remain top concerns, the coronavirus pandemic has prompted US supplement consumers to change their diet and supplementation to boost immunity, according to a new survey.

While other traditional dayparts have seen disruption due to US consumers spending more time at home during the public health crisis, dinner has held steady. NPD Group research suggests that what has changed about dinner involves consumers’ attitudes as they realign daily routines.

NEW SPEAKER ADDED... Finding the sweet spot for taste, texture and nutritional profile is a challenge for beverages because consumer sentiments about desired product attributes often change.