2022 Food and Beverage Trends

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With open access to information, home cooking has never been more adventurous with kitchen cooks delving deeper into smaller regions across the globe to understand and adapt any nuance of spices or sauces that create something special to try.

Innova Market Insight's 2021 Global Lifestyle & Attitude Survey reports that 43% of consumers are actively attempting to reduce waste and 32% are taking action to eat in moderation.

According to a new report from Innova Market Insights, 4% of all the beers and spirits launched globally in 2021 contained no alcohol at all, rising to 7% among flavored alcoholic beverages (FABs). Launch numbers in each of these areas have grown at CAGRs of 20-40% over the past five years.

Due to Gen Z’s influence over their Gen X parents on this issue, Gen X consumers’ preference to shop sustainable brands increased by 24% and their willingness to pay more for sustainable products increased by 42% since 2019.

Naturally, Los Angeles will serve the Los Angeles-based natural products industry with access to education, resources, and capital to promote leadership and fuel entrepreneurship and innovation.

Sweet treats with functional benefits took home the four finalist spots this week in the Real California Milk Excelerator product innovation competition created by the California Milk Advisory Board (CMAB) and VentureFuel.

Innova Market Insights identified “The Sustain Domain” among Innova’s Top Ten Trends for 2020. Innova also included it among this year’s top trends and themed it as “Transparency Triumphs.” This recognizes the need for efficient communication of “ethical” and “green” credentials. 

The report captures three major food trends as well as eight underlying micro-trends, supporting manufacturers with precise nuances to cater to their tailored audiences.