2022 Food and Beverage Trends

Gen Z, Younger Millennials Drive Major Shifts in How Consumers Earn and Spend

Wed, 11 Jan 2023 07:15:00 -0500

A staggering 48% of all households surveyed reported engaging in at least one source of tech-enabled income generation in 2022, led by content creation, peer-to-peer commerce, and rideshare driving. This trend is driven by Gen Z- and Millennial-led households, where 60% of respondents said they derived such income in the last year.

What’s Next For Plant-Based Products?

Mon, 09 Jan 2023 07:00:00 -0500

Plant-based consumer demand is shifting. No longer just a substitute meant to mimic animal products, plant-based is becoming a standalone segment, creating a wide new space for brands to let their innovation instincts grow.

T. Hasegawa: Food, Flavor Trends

Fri, 23 Dec 2022 09:15:00 -0500

This annual report combines leading industry research findings with the latest data from T. Hasegawa’s product development and marketing teams to analyze what consumers are looking for in food and beverage categories and predict upcoming trends through next year.

NielsenIQ BASES Announces 2022 North America Menu Innovation Award Winners

Wed, 21 Dec 2022 06:45:00 -0500

“These brands went above and beyond to reach their guests but also give them new and exciting products during a challenging time for restaurants and consumers alike,” said Ramon Melgarejo, global managing director of NielsenIQ BASES. “In our second year of the Menu Innovation Awards, we’re excited to include Canada in this year’s North America awards and recognize the hard work of so many great brands.”

Pepsico Introduces New Packaging Goal

Thu, 15 Dec 2022 06:00:00 -0500

PepsiCo announced a global packaging goal intended to double the percentage of all beverage servings it sells delivered through reusable models from 10% to 20% by 2030. This ambition is part of PepsiCo Positive (pep+), the company's strategic, end-to-end business transformation that puts sustainability and people at the center of how the company will create growth and value.

Plant-Based Food Innovation Continues Surge Through 2022

Wed, 14 Dec 2022 14:00:00 -0500

Through its new B2B platform, NotCo is making its artificial intelligence technology available for more food and beverage manufacturers seeking to create best-in-class and scalable plant-based products. In addition to delivering a superior eating experience, NotCo’s artificial intelligence offers the added benefits of extreme accuracy and speed, cutting R&D development timelines down to mere months compared to what traditionally has taken years.

Tracking 2022 Packaging Trends

luann.williams@innovami.com (Lu Ann Williams) — Wed, 14 Dec 2022 12:45:00 -0500

Extending the shelf life of food and beverage products—and communicating this to consumers—could be one way to reduce food waste. In fact, according to the Innova Packaging Survey 2022, 40% of consumers surveyed globally from 11 countries agree that shelf life has a strong influence on their purchasing decisions.

Sustainability Impact on Consumer-Packed Goods Industry

Wed, 14 Dec 2022 12:00:00 -0500

"Exploding energy costs, crop failures, and supply chain disruption are all forcing companies to future-proof existing business models or bear uncertainty and increased cost implications," says Regan Leggett, foresight leader, NielsenIQ.

NotCo Closes $70M Funding to Fuel New B2B Platform

Tue, 13 Dec 2022 14:00:00 -0500

NotCo will continue to operate its branded business, NotCo Food, offering products like NotMilk™, NotBurger™ and NotChicken™ through retail and food service businesses nationwide.

Top 2022 Trends in Private Label

Wed, 07 Dec 2022 06:30:00 -0500

“While consumers have historically navigated to store brand products to save money during challenging economic times, we’re seeing that only modest gains have been made in private brand’s share of the consumer wallet this year,” said Mary Ellen Lynch, principal, center store solutions, IRI.

2022, The Year of Crunch

Tue, 06 Dec 2022 06:00:00 -0500

The "crunch" factor was on top as an important component of the perfect snack in the latest Frito-Lay US Trend Index. The index polled consumers on their snacking preferences and found that more than 70% of snackers would reach for a food with a crunch when considering their perfect snack.

Rich Products Identifies Variety, Healthy Option and Affordability as Bakery Consumer Priorities

Fri, 02 Dec 2022 09:00:00 -0500

Insights from a two-and-a-half-year series of consumer sentiment tracking surveys by Rich Products (Rich’s) chart a clear course for retailers to capitalize on this momentum through more healthy options among their fresh bakery offerings, greater variety, and smaller, more affordable portion sizes.

Seventy-One Percent of Consumers Discover New Products at Convenience Stores

Fri, 18 Nov 2022 09:00:00 -0500

More than seven in 10 (71%) adult consumers, ages 18 and over, say they discover new products and brands in c-stores. Nearly four in 10 (38%) say they shop at c-stores two or more times a week, while overall, nearly two-thirds (62%) visit c-stores at least once a week.

Sugar Reduction Remains a Priority for Consumers and Manufacturers

luann.williams@innovami.com (Lu Ann Williams) — Wed, 16 Nov 2022 06:30:00 -0500

Replacing sugar is more complex than simply replacing sweetness. Sugar carries flavor, enhances mouthfeel, provides bulk, is essential for browning through the Maillard reaction with amino acids, and attracts and retains moisture. In cookies and biscuits, for example, sugar interfaces with flour and fat to affect texture, firmness and spread. Without sugar, products may not crystallize properly, aerate, or set.

PLMA Announces 2022 Salute to Excellence Award Winners

Wed, 16 Nov 2022 06:00:00 -0500

Walmart’s Sam's Choice™ oatmilk chocolate bar; Albertsons’ Signature Reserve™ ravioli with porcini mushrooms and truffle; and biodegradable household cleaner from Sprouts Farmers Market are among PLMA’s 2022 Salute to Excellence award winners for store brand innovation.

Future Meat Technologies Unveils New Brand, Changes Name to Believer Meats

Mon, 14 Nov 2022 10:30:00 -0500

The company opened the world's first cultivated meat production line in Israel in 2021, becoming the first company to immortalize animal cells without any genetic modification and has pioneered a culture medium recycling technology that can reduce production costs and waste.

Walmart Content Creator Platform

Mon, 14 Nov 2022 06:00:00 -0500

Walmart is an early pioneer in the social commerce space and is always testing and learning in new channels, including shoppable livestreams, with the goal of better serving customers by meeting them when and how they want to shop.

2022 Real California Milk Excelerator Winners

Fri, 11 Nov 2022 12:00:00 -0500

In its fourth year, the 2022 Real California Milk Excelerator advances innovation in its truest state: open. As one of the biggest dairy competitions in the world, the program sought early-stage applicants with high-growth potential that create a 50% cow’s milk-based product or working prototype.

The Adaptive American Diet: Adusting to Pandemic Parameters, Higher Food Costs

Wed, 02 Nov 2022 07:00:00 -0400

The early stages of the pandemic disrupted this rhythm, and just as eating patterns were returning to pre-pandemic normalcy, food inflation set them on end again, reports The NPD Group in its recently released 2022 edition of Eating Patterns in America.

Foodservice Operators Turn to Frozen Foods to Meet Business Needs

Wed, 02 Nov 2022 06:00:00 -0400

Operators report that frozen foods offer solutions to many of the operational challenges they face in light of the ongoing supply chain and labor market disruptions.

National Restaurant Association Show® Opens Call for FABI Awards

Wed, 19 Oct 2022 09:00:00 -0400

FABI Awardees receive industry-wide exposure before, during and after the Show. Further, awarded products will be acknowledged throughout the Show floor with prominent signage, and priority placement in on-site media opportunities with broadcast media.

One in Five Americans Struggle to Cover Day-to-Day Expenses as Inflation Soars

Wed, 19 Oct 2022 06:30:00 -0400

In addition to the future of the economy, inflation is top of mind across the population. Nine in 10 consumers (94%) say they are currently worried about inflation, and 67% believe the majority of Americans share in these concerns, while a third (34%) believe it’s other Americans – rather than themselves – who are financially struggling right now.

Top Ten Trends for the Food and Beverage Industry in 2023

Fri, 14 Oct 2022 06:00:00 -0400

Over the last year, cost and value for money have become more important to more than half of food and beverage consumers worldwide. Today’s shoppers are increasingly exploring money-saving strategies, such as choosing lower cost items and cooking from scratch.

Today's Specialty Food Consumer Report, 2022

Wed, 12 Oct 2022 08:30:00 -0400

Spending on groceries and away-from-home food is up. Inflation plays a role here but spending choices indicate consumers are returning to restaurants and buying freshly prepared foods.

Kroger Accepting Submissions for Inaugural Our Brands Innovation Summit

Wed, 12 Oct 2022 06:00:00 -0400

The summit supports the ongoing mission of Kroger's Our Brands portfolio by partnering with select suppliers to provide high-quality, innovative items that meet current and future market trends and uplift the company's brand promise, to be Fresh for Everyone.

BlueNalu Cracks the Code to Significant Profitability in First Large-Scale Facility

Thu, 06 Oct 2022 16:00:00 -0400

BlueNalu has developed breakthrough technologies that pave the way to scalability and significant cost reduction, advancing the company towards its goal to produce nutritional, functional, and high-value seafood products.

NielsenIQ BASES introduces BASES Creative Product Artificial Intelligence

Wed, 05 Oct 2022 07:30:00 -0400

BASES Creative Product AI was built using over 100 models and algorithms, creating an artificial intelligence engine that can predict performance and identify new ways to optimize products. The AI is a significant step forward in the next generation of tools enabling clients to develop new food and beverage products.

Misfits Market, Upcycled Food Association Host Repurposed Food Challenge

Mon, 03 Oct 2022 11:00:00 -0400

According to a study by ReFED, 35% of all foods in the United States goes unsold or uneaten and leaves a greenhouse gas footprint equivalent to 4% of total US emissions.

FDA Proposes Updated Definition of ‘Healthy’ Claim on Food Packages

Wed, 28 Sep 2022 13:15:00 -0400

More than 80% of people in the US aren’t eating enough vegetables, fruit and dairy. And most people consume too much added sugars, saturated fat and sodium. The proposed rule is part of the agency’s ongoing commitment to helping consumers improve nutrition and dietary patterns to help reduce the burden of chronic disease and advance health equity.

Health-Conscious, ‘Climatarian’ Shoppers Want to Buy Organic

Wed, 28 Sep 2022 07:30:00 -0400

The biggest challenges for developers and manufacturers of organic products are sourcing certified organic ingredients and knowing what secondary ingredients may be permitted. The organic regulations clearly define the practices and ingredients that are allowed.