March 2023

Prepared Foods

Check out the March 2023 issue of Prepared Foods, featuring our 2023 State of the Industry New Products Annual, which looks at innovative food and beverage products across all categories.

2023 NEW PRODUCTS ANNUAL

New Foods and Beverages Leverage Flavor, Form and Function to Attract Consumers

Insightful R&D, product positioning and marketing moves that grew in the face of pandemic conditions and inflation

Robert Garrison

March 6, 2023

Last December saw Chicago retail data tracker IRI release its “November 2022 Retail Food and Beverage Price Check” report. Published on December 8, it noted that food inflation finally moderated after August and hit its slowest rate last October, at +0.3%.

2023 NEW PRODUCTS ANNUAL

At-Home Snacking Behavior Brings Comfort, While Boosting All Product Categories

Nearly one-fifth of Americans say they snack four or more times a day

Tom Vierhile

March 7, 2023

Innova Market Insights’ 2022 Snacking Survey found that more than 54% of Americans say they snack two or more times a day. Nearly one-fifth of Americans say they snack four or more times a day.

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2023 NEW PRODUCTS ANNUAL

Dairy Products Continue to Entice and Excite Consumers with Healthful, Flavorful Choices

Balancing a drop in plain fluid dairy milk consumption is a steady rise in premium, specialty, and flavored milk products

David Feder , RDN

March 6, 2023

It’s always good to start a dairy report with a tall glass of milk. While it’s safe to say reports of dairy milk’s demise in the face of the plant-based boom are premature, unit sales slipped again in 2022 by 3.3%. Luckily for the industry, dollar sales increased by more than twice that percentage (7%) due to price-per-unit increases of 11 cents.

Remember a child’s kaleidoscope? You put your eye to a cylinder fitted inside with angled mirrors and—as soon as you twist the end of the cylinder—there’s a changing pattern with the shifting of small pieces of colored glass. That’s also something of an apt description for the plant-based food and beverage market, which continues to capture attention as it grows and shifts.

Consumers are looking for plant-based milks with the protein content and mouthfeel of dairy. In this webinar, you will learn how our specialty enzymes can elevate your milk formulations from functionality to flavor.

Prepared Foods

March 2023

Cover Story

New Foods and Beverages Leverage Flavor, Form and Function to Attract Consumers

Features

At-Home Snacking Behavior Brings Comfort, While Boosting All Product Categories

Dairy Products Continue to Entice and Excite Consumers with Healthful, Flavorful Choices

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