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2021 PREDICTIONS

Strong Growth Ahead for Legal Cannabis-Infused Food & Beverage Industry

BDSA expects regulated cannabis legalization, including hemp cannabidiol (hCBD), to accelerate in 2021
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Jessica Lukas
November 11, 2020
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While 2020 posed more than its fair share of challenges, the cannabis industry has fared reasonably well. Most US states designated cannabis as an essential business during the COVID-19 pandemic, and sales have continued to gain ground as increasingly diverse cannabis consumer demographics evolve and mature. 
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Marijuana Leaves and Gold Coins

Global Legal Recreational Cannabis Sales Expected to Grow 376% by 2025

Euromonitor’s new cannabis database provides global, regional and country-level sales and pricing across categories
November 11, 2020
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Recreational cannabis sales will drive global legal market growth by 376 percent over the next five years, outpacing medical and CBD, according to global market research company Euromonitor International’s new cannabis database. 
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Cake

Sweet on Sweets

Americans’ love of sweets has propelled dollar sales of packaged sweet baked snacks and desserts.
February 24, 2014
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Facts projects retail sales in the market will exceed $14 billion in 2017.
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Breakfast food and beverage

Researching Consumption Habits

Information Resources Inc. (IRI) recently conducted extensive research into the daily eating habits of Americans.
September 30, 2013
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The age-old image of a family seated around the dining room table enjoying a home-cooked meal is falling by the wayside.
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Stabilizing Emulsions

Global Hydrocolloid Market

The global food hydrocolloid market is projected to reach $7 billion.
September 20, 2013
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The demand for hydrocolloids is increasing in emerging markets such as India and China due to changes in lifestyle and preference for convenience foods.
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Restaurant menu

Health vs. Indulgence

Mary Chapman, Technomic Inc.
November 19, 2012
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What consumers say they want and what they actually purchase at restaurants can be two different things. Understanding both consumers’ various needstates and their reasons for dining out is essential to strike that often delicate balance—and bring consumers through the doors.
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