2021 Food and Beverage Trends

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The 2021 Real California Milk Excelerator taps into the thriving functional foods market, which has grown significantly, and is projected to reach more than $275 billion globally by 2025. In this year's competition, each semi-finalist's product is made with cow's milk dairy as the first ingredient, while making up at least 50% of the formula.

According to The NPD Group, last year, consumers drank approximately 44.5 billion servings of coffee, spent $2 billion on coffee makers and accessories for in-home brewing, and made 6.3 billion visits to order coffee at foodservice outlets.

World Select Cuts LLC, Marietta, Ga., represents a collection of US and Australian experts in the meat, restaurant and retail sectors. And it was back in 2018 that these food industry veterans laid the groundwork for Aussie Select, which today includes a unique Lamb Pastrami and two flavorful Lamb Hams (Agave Rosemary, Tikka Masala) for both in-store deli and foodservice channels. 

The long-established trend towards proactively managing our health and well-being has been brought into sharper focus by COVID-19. Research by Innova Market Insights reveals a new wave of opportunity for functional nutrition product launches for 2021 and beyond, which will be explored further in a webinar on July 19.

Innova Market Insights’ consumer research indicates that one in four people globally has become more concerned about their immune health since before the pandemic. The most significant increase was among Millennials (aged 26 to 35 years) and younger Gen X (aged 36 to 45 years). Higher levels of concern among these relatively young age groups indicate the potential for longer-term consumer interest.

Prepared Foods is pleased to announce and recognize winners of its 19th annual Spirit of Innovation Awards (SOI). Since 2003, these distinctive awards honor food and beverage product development teams for excellence in consumer insights, cross-functional execution and overall innovation. This year’s awards recognize items introduced from January 2020 through March 2021. 

To kick off the 2021 Sweets & Snacks Expo, judges of the Most Innovative New Product Awards unveiled this year's winners. These highly competitive awards recognize the most innovative candy and snack products and companies for their achievements and new products introduced to the market over the past two years.

In 2021, trends toward health and plant-based foods are driving product developers to formulate a wave of new products with grains and seeds. According to Innova Market Insights, grain product launches had a 7% average annual growth rate in the period from 2014 to 2018.

The report demonstrates that overall interest in the environment is intensifying. In 2020, an average 21% of consumers globally said that environmental factors had become more important to them. Going into 2021, as many as one-third of respondents intend to improve their environmental impact over the year. Generally, consumers are becoming much more aware of the food they eat, where it comes from and its overall impact on the planet as well as carbon footprint.