2023 Food and Beverage Trends

2024 Food & Beverage Consumer Research Insights

Thu, 04 Jan 2024 14:00:00 -0500

According to its team of food, nutrition and health experts and its consumer research insights, 2024 will see more functional beverages, a boom in botanicals, rising demand for foods that support emotional well-being, a focus on food labels and a growing acceptance of artificial intelligence (AI).

Consumer Demand Increases for Non-Alcoholic, Alcoholic Variations

Thu, 04 Jan 2024 06:30:00 -0500

Using Veylinx's proprietary methodology, which measures actual demand rather than intent, the study found that demand for non-alcoholic canned cocktails grew by 4%, while demand for alcoholic canned cocktails surged by 20% over last year.

Top 5 Retail Predictions For 2024

Tue, 02 Jan 2024 04:45:00 -0500

Acosta Group announced its 2024 retail predictions, identifying how brands and retailers can win shopper loyalty, drive sales, and achieve efficiencies in another year of anticipated marketplace disruption.

Top 10 Food Trends for Kids

Fri, 29 Dec 2023 04:30:00 -0500

Chartwells K12 assembled its fourth annual food trends for kids list drawing on decades of experience and expertise in understanding children's food preferences, coupled with data from serving over 2 million meals a day in school districts across nearly 40 states.

Frito-Lay's US Snack Index Predicts 2024 Trends

Tue, 26 Dec 2023 06:15:00 -0500

In advance of 2024, Frito-Lay and Quaker are unveiling three food and snacking trends poised to shape the year ahead.

T. Hasegawa USA: Tomorrow’s Taste: Ube

Tue, 12 Dec 2023 10:00:00 -0500

A bright purple tuberous root hailing from the Philippines, ube has gained international recognition for its exquisite purple hue and distinctive earthy, nutty and sweet flavor profile.

Unilever, Accenture Collaborate on Next Generation AI

Fri, 08 Dec 2023 10:00:00 -0500

Accenture joined forces with Unilever as part of a strategic initiative to leverage Unilever's AI research and implementation of technologies that enhance productivity, drive efficiencies, and accelerate disruptive and AI-powered innovations at scale.

Specialty Food Association Announces Cohort for 2024 Winter Fancy Food Show

Thu, 07 Dec 2023 07:00:00 -0500

The Specialty Food Association announced the 2024 Winter Fancy Food Show cohort, which is a mission-driven collective of BIPOC founders and executives, dedicated to amplifying underrepresented voices and creating equitable opportunities for diverse leaders across the consumer packaged goods ecosystem.

McCormick: Flavor Forecast

Thu, 07 Dec 2023 05:00:00 -0500

McCormick Flavor Solutions announced the Flavor Forecast 24th Edition, the annual report illuminating the latest trends shaping the way people enjoy flavors worldwide to inspire future product innovations. With this year’s report, McCormick also shared its 2024 Flavor of the Year: Tamarind.

How Omni-Commerce Defines Today's Shopper Journey

Fri, 01 Dec 2023 10:30:00 -0500

Kellanova – previously Kellogg Company – vice president, omni and eCommerce, Manish Sharma recently discussed omni-commerce and why it is critical to today's shopper and the future of business.

2024 Food and Beverage Outlook: Modest Volume Growth

Wed, 29 Nov 2023 07:15:00 -0500

A forward-looking outlook provides insight into the anticipated performance of the food and beverage industry throughout 2024, pointing to a more favorable landscape as several headwinds that weighed down 2023 are expected to recede.

Plant Based Product Development Sharpens and Expands

Fri, 24 Nov 2023 07:30:00 -0500

Over the past four years, plant-based product sales have seen strong growth, reaching record sales of $8B in 2022 (SPINS). While 88% of active users have a moderate to high commitment to continue their plant-based purchases, one-third of shoppers say they would like to see more plant-based offerings at stores, according to research. Retailers and brands can drive growth by offering a broader assortment and more online and in-store options.

2024 Restaurant Menu Trends

Thu, 16 Nov 2023 12:00:00 -0500

The line between restaurant menus and home cooking is blurring, thanks to social media like TikTok where restaurant dishes become viral sensations and in the right culinary hands popular social "food fads" are translating to menus and limited time offers.

PepsiCo to Further Reduce Sodium in Convenient Foods Portfolio

Thu, 16 Nov 2023 06:15:00 -0500

PepsiCo, Inc. announced two new nutrition goals as part of PepsiCo Positive (pep+) – the company's end-to-end strategic transformation – which aim to reduce sodium and purposefully deliver important sources of nutrition in consumer food and beverage products.

Nestlé, Girls With Impact Partner to Empower Next Generation Female Innovators

Wed, 15 Nov 2023 05:00:00 -0500

Through the partnership, Nestlé provided scholarships for more than 100 women to participate in GWI’s 2023 “mini-MBA” program—an action-packed, online program that teaches future innovators key entrepreneurship and leadership skills.

Plant Protein Innovation Expands Options and Opportunities

luann.williams@innovami.com (Lu Ann Williams) — Wed, 01 Nov 2023 05:45:00 -0400

Although plant-based has become a popular term in the dairy- and meat-free categories, it does not accurately describe all developments in this fast-moving field. There are technologies that generate “animal-free,” bioidentical ingredients such as dairy whey and dairy casein. Even so, “plant-based” continues to grow in use, with indexed average annual growth of +42% between 2017 and 2022.

Top 2024 Food and Beverage Trends Revealed by Specialty Food Association Trendspotter Panel

Tue, 24 Oct 2023 09:15:00 -0400

The Specialty Food Association (SFA) Trendspotter Panel has predicted what will be hot in specialty food for 2024. Ranging from soup to cell-based meat and seafood to peach to value–and more–the Trendspotters have set their sights on a diverse list of trends for the $194 billion specialty food industry.

CP Kelco: Upcycled Appeal

Mon, 23 Oct 2023 08:15:00 -0400

CP Kelco, a global leader of nature-based ingredient solutions, announces today that its NUTRAVA® Citrus Fiber has been certified as an upcycled ingredient by the Upcycled Food Association.

ADM: Food, Color Trends

Mon, 23 Oct 2023 07:30:00 -0400

ADM shared its outlook on the flavor and color trends that will drive product innovation in 2024. With unapologetic abandon for self-expression coupled with individual wellness goals top-of-mind for consumers across regions, ADM has identified four trends that illustrate evolving consumer behaviors and will inspire memorable moments.

FDA to Transform Human Foods Enterprise

Fri, 20 Oct 2023 06:45:00 -0400

Earlier this year, US Food and Drug Administration Commissioner Robert M. Califf, M.D. laid out a bold vision to transform the agency's human foods enterprise. I am thrilled to have joined the FDA last month as the first Deputy Commissioner for Human Foods to help make this vision a reality.

Top Trends Among Plant Based Consumers

Thu, 19 Oct 2023 14:00:00 -0400

While 88% of active users have a moderate to high commitment to continue their plant-based purchases, one-third of shoppers say they would like to see more plant-based offerings at stores, according to research.

FlavorSum : Next Year’s Tastes, Trends

Thu, 19 Oct 2023 06:30:00 -0400

FlavorSum, a North American flavor producer, offers new insights to support food and beverage innovation directions in 2024. In the two-part blog series, the FlavorSum team explores trends predicted to influence product development in the new year.

SKU Names New Executive Leadership

Mon, 16 Oct 2023 09:00:00 -0400

Greebe’s participation as a mentor has provided him with a unique perspective on the needs of startups and the rewards for those mentoring them. His contributions have been invaluable to the founders he has worked with.

New Energy Products Help Busy Consumers Keep Pace, Stay Focused

luann.williams@innovami.com (Lu Ann Williams) — Wed, 04 Oct 2023 07:30:00 -0400

Today, Innova Market Insights finds energy products targeting two different need states: short term and long term.

Tessemae's to Launch CPG Accelerator Program

Fri, 29 Sep 2023 07:15:00 -0400

The company is designed to foster companies and products, from inception to launch, with breakthrough ideas and education that will give rise to success in the broader marketplace.

Snack Tastes & Trends

garrisonr@bnpmedia.com (Robert Garrison) — Wed, 27 Sep 2023 16:00:00 -0400

Prepared Foods talks snack tastes and trends with Sally Lyons Wyatt, executive vice president & practice leader for client insights at Circana. Wyatt delivered a “State of Snacking” address at this year’s Sweets & Snacks Expo and PF Editor Bob Garrison checks in to learn more.

Organic Category Evolves with Diversity, Entrepreneurship and Product Innovation

Wed, 27 Sep 2023 07:15:00 -0400

“Congratulations to the Organic Trade Association for exemplifying the impact associations have on the industries and professions they represent, and on society at large,” said ASAE president and CEO Michelle Mason. “It’s always so incredibly satisfying to see associations going above and beyond their everyday mission to change the world. We’re very proud to spotlight this award-winning initiative.”

Experience R&D Inspiration at the Prepared Foods Spirit of Innovation Awards

Tue, 26 Sep 2023 05:45:00 -0400

BNP Media food and beverage editors used that information to identify approximately 40 new products, which advanced through two rounds of preparation and tasting in late June and late July at Charlie Baggs Culinary Innovations, Chicago.

Mars Tackles Climate Change Across Iconic Brands

Fri, 22 Sep 2023 09:15:00 -0400

New Ipsos research reveals that nearly half of American adults (47%) think the responsibility to make change that influences climate change lies with multi-national businesses, like Mars.

Natural Products Expo East Opens for the Last Time

Wed, 20 Sep 2023 11:30:00 -0400

The sunset of Natural Products Expo East coincides with a positive and transformative development for the natural and organic products industry – the introduction of an entirely new event format next year that leverages a more tailored and intentional approach to connection and product discovery.