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Added Convenience in Food Business Models

Start-up companies from Blue Apron to UberEATS are developing new business models and demonstrating consumers’ willingness to pay for convenience

January 31, 2017

New business models are giving consumers more options for how they can obtain and prepare their food. The success of these approaches has demonstrated that consumers will pay an average of 11% more for each added layer of convenience in the food chain, from online grocery delivery to ready-to-eat restaurant take-out, according to Lux Research.

Demand for Alternative Proteins to Double by 2024

Technology and formulation are key to success as developers race to meet demand required to feed a booming population

November 10, 2016

Based on their nutritional content and commercial value, soybean, pea and oat have emerged as the dominant plant sources.

Cereal Sales Continue to Decline

Innovation is key for food companies as yogurt and a variety of snack bars have steadily eroded the base of traditional breakfast cereals

May 4, 2016

Ready-to-eat (RTE) breakfast cereals are seeing a continued and accelerating decline in sales, indicating a secular downtrend rather than a mere blip, as consumer eating habits continue to evolve, according to Lux Research.

Natural Alternative Sweeteners Could Tap up to 25% of Key Markets for Sucrose

Tagatose and others have huge potential as consumption of sugar and sweeteners rises 30% to 292 million metric tons in 2024, according to Lux Research

February 4, 2016

Along with trends toward natural and healthy ingredients, this growth will create big opportunities for each of several emerging alternative natural sweeteners, according to Lux Research.

Synthetic Biology Propels $25 Billion Flavors and Fragrances Industry

Nascent technology is key to the industry’s shift from high costs toward a more affordable and sustainable path to meet consumers’ demand

September 4, 2015

The multi-billion dollar flavors and fragrances (F&F) industry is increasingly tapping biotechnology and synthetic biology to reinvent itself from an unsustainable high-cost, high-risk path, according to Lux Research.

Alternative Proteins to Claim a Third of the Market by 2054

Shifts in supply and demand of protein for human consumption will drive the rise of alternative proteins to 307 million MT by 2054, initiating significant changes in the food and agriculture landscape

February 25, 2015

Global protein consumption will reach 943 million metric tons (MMT) by 2054, rising at a 1.7% CAGR from the current 473 MMT. Alternative protein sources will pick up the slack of slowing meat and seafood growth, and could claim as much as 33% of total protein consumption by 2054.

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