AI has the power to speed the food and beverage industry's digital transformation, as companies leverage it for product develop and to forecast upcoming trends, Jacques Botbol, CMO of Tastewise, told FoodNavigator-USA.
Mintel's 2024 food and drink trends list for North America shows consumers will be concerned about their health, the environment, and how AI might make their lives easier, Jenny Zegler, director of Mintel Food & Drink, shared during a webinar....
Shopping behaviors continue to shift as consumers offset inflation by buying less expensive private-label products and their hybrid work schedules impact where they shop and what they buy, Steve Zurek, VP of thought leadership and analytics at NIQ, and...
The world is currently fraught with uncertainties, ranging from economic and political instability to the ongoing threat of climate change and supply chain shortages. Along with the ever-present shadow of Covid-19, these factors are impacting people’s...
When it comes to creating the tastes of the future, food and beverage CPG companies aren't only tackling the demand to meet consumer ever-evolving taste preferences in a global economy, but they are grappling with making the supply chain more sustainable...
While the consumer market for plant-based meat does not completely consist of vegetarians and vegans, choosing a vegan burger over a meat one remains a conscious rejection of meat-eating. This provides plant-based meat with a meaning, its presence in...
Consumers are looking for innovative products that provide more functional benefits and better-for-you experience, which has led to brands and products like Alani Nu and Dr. Pepper Zero seeing above-average growth for new launches, Circana shared in a...
From Polish to Korean flavor mashups to low-alcoholic beverages, these are a few areas that CPG companies and tastemakers should be on the lookout for in 2023, according to a recent consumer trends report from flavor house Symrise.
The pandemic has left a “lasting impression on consumer behaviour, particularly in relation to food and beverage choices”, reckons Innova Market Insights, which has revealed personal health and the environment as its top trends of 2022.
In the space of four weeks, we’ve gone from “pure panic stock-up with a heavy focus on non-foods, to meal prep ingredients, to increased focus on comfort foods,” according to IRI and Boston Consulting Group (BCG). At the same time, spending on ‘self-care’...
Now the initial grocery shopping ‘surge’ has calmed down somewhat, what can CPG companies expect in the next three to four weeks as consumers navigate the ‘new normal’?