Mintel, the world’s leading market intelligence agency, has announced three forward-looking trends which will lead the momentum of global food and drink innovation in 2019 and beyond.
The Plant Based Foods Association (PBFA) today launched a new Certified Plant Based program, the first and only plant-based food certification. The Certified Plant Based protocol, which focuses on plant-based alternatives to animal-based foods, specifies the criteria required to make a certified plant-based food claim.
“Adventurous consumers” make up a bigger and broader group than millennials, and lead the top trends expected to take hold in 2019, according to research from Innova Market Insights. “In the past, people made fun of eating raw fish, kimchi was a punchline of many jokes, but now there are so many foods and flavors which have gone much more mainstream, that we maybe never expected,” said Innova’s Lu Ann Williams.
U.S. consumer demand for chicken is waning as beef and pork become more popular amid reduced U.S. pork exports to China and Mexico. Per capita chicken consumption is expected to rise only about 1.2% in 2019, compared to gains of 4.3% for pork and 2.6% for beef, according to USDA. Quick-service restaurant chains released 54 new hamburgers through September, up about a third from 2017, while releases of chicken products fell 14%, according to Datassential.
AI will impact and accelerate 3 major activities involved in retailer marketing. Because of tremendous competition to attract and retain shoppers, combined with the competition to gain share of voice through digital marketing programs, harnessing AI to optimize every detail of a campaign is a must-do.
In this month’s FoodBytes, we’re uncapping insights into non-alcoholic beverages with a sip of both our Non-Alcoholic Beverage Keynote Report and 2018 BUZZ Report, which will get you “buzzed” on data across coffee, tea, soda, and other beverages. Uncover the premium descriptors appearing on beverage menus and branded labels, discover one of the fastest-growing types of tea, and more.
The nation’s top grocery technology innovator, Myxx, announced today the company’s platform has been expanded its reach from 1,500 to 10,000 stores nationwide, including into the nation’s number one 2017 retailer – Walmart. Myxx technology is now present in 49 states.
Picking and preserving fresh products has long been a thorn in the side of grocery delivery – but that reality appears to be changing, according to new research from the Lake Success, N.Y.-based Retail Feedback Group (RFG).
Higher costs for ingredients and shipping are behind the climb. Will consumers be willing to pay more for products, or are they likely to switch brands or stores?
Despite a booming U.S. economy, more than half of U.S. consumers are choosing store brands in an effort to save money.