Tag: food industry trends

IR22

Four Food Industry Trends to Expect in 2019

The food industry is rapidly evolving. Apart from staying on top of the emerging technologies and innovations, companies in the food industry must also keep a close watch on the changing consumer preferences and rising costs. Globally, the food industry in emerging markets including Philippines, China, and Malaysia are booming, while more established and mature market such as the US, Europe, and Canada are showing stagnant and slower levels of growth. There are similar macro trends that are driving growth and innovation across the globe despite varying economic and cultural differences. Infiniti Research reveals four food industry trends to expect in 2019 as this sector grapples with changing eating habits.

Food industry trends 2019      

Increasing demand for transparency

One of the biggest food industry trends this year is the rising consumer need for transparency. Modern consumers are well-informed and greatly interested in knowing the ingredients that go into the food products that they consume. Considering the rise of health and diet conscious customers, a greater number of consumers are reading the back of packages now more than ever.

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At-home meals

Recent research reveals food industry trends wherein a greater number of consumers prefer to have their meals delivered to their homes. This is primarily due to factors including streaming media, work from home, and rising need to stay away from the maddening crowd. Consequently, through the mid of 2018 to throughout 2019, the decline in dining at restaurants is expected to become one of the ongoing food industry trends.

Made to order/ customization

This is one of the food industry trends that have been evolving for years due to the growing demand of consumers to personalize the meals that they eat. Furthermore, the dietary preferences, restrictions, and allergic reactions to certain food items are some of the main factors that are driving the popularity of customization in meals to suit the needs of individual consumers.

Channel blur

An increasingly diverse array of operators in the food industry are venturing into foodservice in order to compete for their “share of stomach”. Players in the food industry no longer compete with only counterparts offering similar products. Rather, they now have to compete with segments including food trucks, convenience stores, supermarkets, and other meal kits that provide innovative options for consumers who are looking for variety and flexibility.

What were the top food industry trends in 2018?

Infiniti’s solutions for the food industry

In a highly dynamic sector such as the food industry, it is essential to keep tabs on the food industry trends. Furthermore, the uncertainties in the global economy are expected to take the center-stage in the future of food industry. Infiniti Research adopts a holistic approach to market research and provides comprehensive insights into the food industry trends, challenges, and strategies to strive in the target market. With a team of highly skilled market research professionals, we offer advanced, customized solutions that will help food and beverage companies to magnify competitive advantage by improving speed-to-market and stay up-to-date with the latest food industry trends.

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IR23

New Food Trends That Will Change the Way the Food Industry Works

Food holds a special place in our lives. It is a part of who we are and operates as a medium to express our cultural identity. 2017 was a curious year when it came to new food trends going mainstream. From huge soup dumplings and Buddha bowls to cones with chicken waffles, there were plenty of new things to give your taste buds a new experience. Every new year, we promise ourselves that we’re going to try some new food, right? And if you’re wondering what new food trends are taking restaurants by storm this year, don’t worry we got you! We’ve analyzed all the latest innovations and developments in the food industry to determine what you’re going to want this year – and the best part is, you don’t have to run all the way to exotic stores to enjoy them.

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Market Assessment

Why Transparency is the Key Ingredient for Brand Loyalty in the Food Industry

Today’s consumers are devoting considerable thought and precaution to the food products that they consume. How many times have you read the label of your favorite food product and wondered, “What is really in this?” Due to increased awareness because of digitalization, it has become important for companies in the food industry to be as transparent as possible with the consumers. In fact, transparency is an important building block for consumer trust that eventually results in brand loyalty. Especially in a sector like the food industry, brand loyalty drives sales and growth of a business in the long run. A recent survey revealed that consumers hold food companies the most responsible for showing transparency, more so than farmers, grocery stores, and restaurants. For companies in the food industry, this means that food manufacturing transparency has become an even more critical area of focus to ensure both compliance and customer satisfaction. Here are some advantages that food manufacturers can gain by revealing the true ingredients to the consumers:Request Proposal

Shopper decision making

There is a rising trend among modern consumers to shop according to a specific diet. This indicates that there is a need for a significant portion of consumers to have access to complete product information, rather than only whatever companies in the food industry choose to provide. This allows consumers to make decisions about the foods that meet their unique needs.  Consumer values vary drastically, and the definition of healthy can change from consumer to consumer. By providing accurate and comprehensive product information, brands allow consumers to make decisions that truly meet their personal dietary and health needs. Furthermore, when a consumer is aware that a product contains exactly the ingredients that are best suited to their needs, it promotes brand loyalty in the long run.

Customer loyalty

Due to the consumers’ demand for more in-depth product information, there is an opportunity for companies in the food industry to foster brand loyalty and capture market share. In the CPG industry, companies driving the most revenue are the ones that motivate repeat purchases and foster long-term loyalty. As a matter of fact, most customers will not show brand loyalty to companies that do not provide them with legitimate product information or rather provide them with information that is confusing. This presents a significant opportunity for brands to foster loyalty through product transparency.

Digital engagement

Product transparency goes beyond providing all ingredient information on a physical label. In this era of constant connectivity, there is an opportunity for companies in the food industry to go beyond the product label and offer more information digitally to engage with consumers across multiple channels. Recent research shows that consumers ranked digital labels that display known allergens and all nutritional information highly useful in making shopping of consumer goods easier. There is also an increase in consumers’ interest in mobile apps that offer extended product information. Grocery e-commerce also offers an opportunity for brands and retailers to offer additional product information and foster long-term brand loyalty.


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Top Five Trends in Food Safety

Food is the essence of life-giving energy to all life forms including humans. Humans, however, have evolved with the consumption of processed and packaged foods. Even then, their system has not advanced to such a level that it can handle any kind of food. Adulterated and infected foods cause a lot of safety concerns amongst humans. As a result, food safety has been on the agenda of various food authorities for food safety. Food monitoring for a long time hasRequest Proposal been dubious and authorities are constantly on the lookout for ways to enforce strict standards for food safety. So what are the top food safety trends that are ensuring our food safety?

Food safety modernization act (FSMA)

After the outbreak of numerous foodborne illness, the US Food & Drug Administration is bringing about massive changes to its regulations. In 2016, FDA released its updated strategy for the implementation and training of FSMA. The strategy outlines foundational rules including Preventative Controls for Human and Animal Food, Foreign Supplier Verification Programs, and Produce Safety.

Changing dining trends

Eating out has become a noticeable dining trend, which has started picking up in the last few years. It also brings about new challenges as restaurants have to serve more customers and have to battle it out for procuring fresh supplies seven days a week. Maintaining food safety while balancing the cost factor and procurement of fresh foods is definitely a challenging task. Companies are turning towards automation to tackle this issue.

Supply chain traceability

After many food scandals including the horsemeat scandal, customers are demanding a high level of traceability on what they eat. Consumers are always on the lookout for fresh, healthy, and locally sourced food and ingredients. In order to make food supply chain traceability a possibility, many food companies are looking towards blockchain technology to provide an easy answer. Blockchain technology can track a finished product back to the origin with ease, which cannot be tampered. As a result, food suppliers can build trust towards their brand amongst the consumers.

Demand for natural and organic food

The obsession with leading a healthy lifestyle doesn’t look to stop anytime soon. Consumers are demanding organic and natural food, and the demand is expected to grow at a rate of 16%, annually. As a result, start-ups are entering this market at an unprecedented rate. They are also bringing in food without artificial preservatives, colors, and dyes. However, the safety of these products can be dubious and so is its shelf life. Suppliers will need to avoid potential consumer health issues and void costly recalls.

Increasing digitization

Kitchens today still rely on conventional pen and paper-based systems that are inefficient, prone to human errors, and are time-consuming. Additionally, such records are easier to forge and falsify. New technologies such as IoT based sensors, digital checklists, and automated monitoring will soon replace this traditional system all over the world. Businesses will be able to control every aspect of routine tasks and compliance management with ease and increase their overall efficiency.

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5 Innovative Trends in the Chocolate Confectionery Industry

chocolate confectionery

No matter how old we grow, for many of us, chocolate is something that has stayed close to our heart all the way since childhood. And for the sweet tooths out there, it is nothing less than an epitome of heaven. The chocolate confectionery industry is one such sector that is not restricted by age; therefore, the growth of this industry is indefinite and promising. In fact, the industry has shown a steady growth for more than a decade now. Manufacturers in this sector continue to innovate around the flavors and texture, this is one of the reasons why innovative chocolate confectionaries are always on the top food trends charts. The growing number of consumers who are intrigued and more than willing to give even the most outrageous innovations in food trends a try is what is fueling such experiments. So, get ready to be awed by some of these innovative food trends in tRequest Proposalhe chocolate confectionery market:

Dessert as an ingredient

We have always heard of chocolate being used as an ingredient in desserts, but desserts being used as an ingredient in chocolate confectionery? Well, that’s new. From crème brulée to crepes and tiramisu –a whole other range of desserts is slowly becoming popular flavors. Beyond baked desserts, we are also seeing things like milkshakes and ice cream flavored chocolates being launched. The German company Kaoka has launched an organic dark chocolate with buttery crispy crépes

chocolate confectionery

Citrus flavors

Manufacturers are increasingly experimenting with types of citrus flavors other than the commonly used orange flavor in chocolate confectionery. Indeed, over the past year, the number of chocolate products flavored with lemon has doubled, globally. And beyond simply lemon, we are seeing more elaborate variations – products with lemon, yogurt, and pepper, or with lemon oil. For instance, Gepa The Fair-Trade Company in Germany has launched a white organic yogurt chocolate bar with lemon zest and pepper.

Vegetables and chocolate

A heavenly mismatch of vegetables in chocolates is one of the interesting food trends to keep an eye on. Though still in the niche stage, chocolate confectionery launches in Asia (especially in China) containing vegetables are gradually gaining traction. Chocolate covered potato chips, pretzels, and popcorn are some of the commonly seen innovations in this category. In Japan, for instance, Mujirushi Ryohin has launched the ‘Purple Sweet Potato Chocolate’, with white chocolate and purple potato paste.

Cereals in chocolate

Certain cereals have been included within chocolate for a while, but we are now seeing other types of cereals moving in – such as granola and muesli – that give the chocolate more texture. Other grains moving into chocolate include quinoa, as seen in the Agave Quinoa Sesame in Milk Chocolate bar from the US company Seattle Chocolate.

chocolate confectionery

Unusual fruits

A wide range of fruits including the likes of strawberry, raspberry, and cherry are already being added to chocolate. However, going by the latest food trends, there are now a lot more types of fruits being integrated into the production of chocolate confectionery. Peach is one of the fruits that have become more common, as seen in Poland with Luximo Premium, which launched Luximo Premium Praliny Nadziewane o Smaku Brzoskwiniowym (Chocolates with Peach Flavored Filling).


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IR22

What’s on the Plate for the Food Industry in 2018?

In 2017, factors such as consumers’ demand for healthy ingredients, complex flavor profiles, and environmentally sustainable offerings had greatly shaped the food and beverage market. As these food industry trends have strongly established themselves among consumers, we can expect many more such trends to dominate this year as well. There are a variety of opportunities for food and beverage businesses in 2018. However, staying on top of changing customer needs, understanding millennial preferences, leveraging new packaging techniques, and employing key technology and acquisition strategies will all be vital for survival in this competitive market. Changing customer preferences also makes it to the 2018 trends list owing to the focus on healthy eating options. The demand for additive-free foods that taste, look, feel, and last like their non-organic counterparts containing preservatives, are on the rise. Hence, food manufacturers have turned to innovations such as high-pressure processing (HPP) that eliminates bacteria while simultaneously maintaining product longevity and flavor consisRequest Proposaltency. Here is all that you need to know about the food industry trends that are in store for 2018:

Botanicals

As more consumers are becoming aware of the healing properties of plants and flowers, botanicals are gaining traction as one of the most popular food industry trends. In the year 2016, McCormick & Co. was an early adopter of this trend and purchased the Botanical Food Company of Australia. The company produces packaged herbs that are specifically designed for the consumer segment who are busy and want an easy way to incorporate fresh and organic ingredients into their meals. This is one of the most exciting food industry trends as it’s natural and global, very chef-friendly and clean label, and it has the potential for health and wellness benefits.

Ethnic cuisine

Middle Eastern and Asian flavors seem to have struck a chord with several consumers who are looking for variety in flavors. Consumers in the US are increasingly becoming open to exploring spicy flavors beyond hot sauces. The greatly changing demographics is one of the major reasons behind such food industry trends. Industry experts believe that consumers’ interest in ethnic flavors will expand the footprint for these products in retail outlets.

Sustainability

This is one of the food industry trends that have moved beyond merely producing food in an environmentally conscious way and selling it in recyclable packaging. Consumers are taking a more active role in the battle against food and beverage waste, a mindset that is leading many shoppers to try and use all parts of a plant or meat, rather than selectively picking some and throwing the rest away. Also called “root-to-stem” and “nose-to-tail” eating, this expanded type of sustainability is likely to appear equally in meat and produce departments.

Convenience foods

Convenience continues to be a major driving factor in food industry trends – and it isn’t slowing down anytime soon. Busy lifestyles and with less time in the day, families and individuals looking for quick, easy options for their meals and snacks.  The food industry is focused on providing consumers with the ability to make home-cooked meals without the hassle of grocery shopping and food preparation. Even retail stores are expanding their selections to include convenience foods like meal kits and ready meals. This also means catering to various lifestyles and diets from vegetarian to gluten-free.  Consumers are willing to pay a premium for the convenience and customization that these choices provide, and we need to be prepared to meet the demand.

Four Food Industry Trends to Expect in 2019: 

Four Food Industry Trends to Expect in 2019


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Infiniti’s Market Intelligence Helps a Renowned Food Products Supplier Streamline their Product Offerings

The global food industry is witnessing a robust growth, owing to the altering customer preferences, a sharp move toward online shopping, and increase in the global population. To keep pace with the growing demand, prominent food products manufacturers are relying on innovations to enhance their production capabilities and improve the supply chain efficiency. Moreover, with the growing concern for food safety, businesses are planning to refine their existing packaging techniques to improve the quality in the products offered. As spending on food constitutes a major share of the consumer’s wallet, leading renowned food suppliers are looking for promising solutions to deliver quality, affordability, and safety in their product offerings.

Here are some of the factors contributing to the growth of the food products space:

  • Shift toward nutritious choices: With the rising concern to eradicate illnesses, consumers are shifting toward a healthy The popular belief that fast food has a lot of negative effects on health is further compelling companies to bring in more organic products into their existing product portfolio. Moreover, prominent companies are planning to re-invent their product offerings to keep pace with the customer preferences.
  • Stringent government regulations: As government regulations become more stringent, organizations need to retain the nutritional choice in their food products. In the US, the FDA has necessitated organizations to offer reliable products while maintaining the quality of the food products.

To address such issues and enhance their product offerings across niche market segments, organizations are leveraging a market intelligence solution.IR_Brochure

The Business Challenge

  • Client– A renowned food products supplier

The client, a renowned food products supplier, wanted to outline the demand for products and services and identify the potential ways to enhance their product offerings in the market. With the help of industry best practices, the client wanted to gain relevant information about the company’s markets and make informed business decision. The food products supplier also wanted to identify the niche and profitable market segments and modify and tailor their marketing efforts around the customer needs.

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Our Approach

To identify the key competitors and devise effective marketing strategies, the market intelligence experts at Infiniti carried out extensive research comprising interviews and discussions with prominent stakeholders in the food products space. To gain better visibility into the food products supplier space, market intelligence experts at Infiniti also compiled information across various reliable resources such as trade shows, newsletters, paid industry databases, and magazines.

The Solution Benefits and the Business Impact

The market intelligence solution offered by Infiniti helped the food products supplier ascertain the demand for products in the market and identify the competitors’ positioning of the products. The solution also offered real-time insights into the market information to minimize the risk of investment decision being wrong. Moreover, the client was further able to keep ahead of the competition and establish and maintain a distinctive corporate identity. The market intelligence solution also benefited the client to tailor products and services based on the customer requirements.

The Future:

The future of food products supplier will be marked by the entry of new players offering innovations in food products and packaging materials. Also, leading organizations will offer healthy and organic products to meet the relentless demand from health-conscious customers.


A must-read case study for strategy specialists and decision makers looking to develop an understanding of the food industry

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IR23

Top Organic Food Brands Contributing Towards the Organic Movement

Numerous health buffs are advocating the need to consume organic foods with the majority of the population following suit. For the general population, organic food is just another kind of food, which is supposedly healthy, but it is merely a different method of producing food. Historically, humans have been consuming organic food, but due to several challenges, farmers have started using various chemicals, antibiotics, food additives, and GMOs. Such chemicals and food additives have a negative impact on the human body. As a result, there’s a growing awareness for the consumption of organic food. Organic food includes any plant or animal which is IR_Brochuregrown organically, i.e., without the use of any chemicals, antibiotics, or additives. So, what are the top brands contributing to the growing trend of organic food?

Top organic food brands

Horizon Organic

Horizon Organic is an American company founded in 1991. It is the largest producer of organic milk in North America. Apart from milk, the company also sells other milk-based products such as cheese, yogurt, and butter. The brand is claimed to be organic by USDA and free of any additives. The company enjoys a monopoly in the South-eastern US milk market as it procures majority of the organic milk from over 700 farms across the US. Even their cows are fed organic food and are pasture-raised without the use of any antibiotics or growth hormones.

Riverford

The origins of Riverford dates back to 1950s when the farm was taken over by the Watson family and converted into an organic farm by the mid-80s. The organic food brand has four farms across the country to distribute their products more efficiently across the nation. The company banks on its innovative organic veg boxes delivering to around 45,000 houses per week. The company also provides organic meat and fruit boxes along with wine and beer.

Amy’s Kitchen

Amy’s Kitchen is a family-owned company that manufactures organic and non-GMO convenience and frozen foods in the US. The company has its headquarters in Petaluma, California and produces vegan foods organically. The company also has over 130 gluten-free products. Their organic food product line consists of foods like pizza snacks, carrot ginger soup, paneer tikka, vegetable soup, paella bowl, enchilada, candies, pad Thai, broccoli pot pie, and many more.

Eden Foods Inc.

Eden Foods Inc. or Eden Organic is an American organic food brand. The company is best known for its line of organic soy milk under the brand name Edensoy. Founded in 1969 as a co-op grocery store in Ann Arbor, Michigan, the company also claims to be the oldest independent organic food producer. Majority of Eden Food’s products are organic and vegan, apart from Katuso, a Japanese fish flake. In 1997, a test was conducted by the New York Times to look for traces of GMOs in 11 soy and corn-based products. The result found that only Eden’s milk tested clean.

Organic Valley

Organic Valley is an independent cooperative of organic farmers based out of the US. It is also the nations largest farmer-owned organic cooperative besides being one of the biggest organic food brands. The company has a farmer base of more than 2000 owners across the US, Canada, Australia and the UK. The company markets its products across the US and exports it to 25 other countries. The company reported sales figure of over $1.1 billion selling products such as dairy, egg, soy, and meat. The organic food brand sells its meat products including chicken, pork, beef, and turkey under the brand name Organic Prairie.

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Revamp Your Menu Cards with the Top Food Trends of 2018

The ‘vicious circle’ of the latest trends are hard to understand. Yesterday’s fad might be outdated today, and what seemed to have been kicked out of the market ages ago gets embraced in the present and gets ‘back-in-trend.’ Hence, no matter which industry your expertise lies in, it is important that you keep yourselves updated with what is going on around you and more importantly cater to the whims and fancies of your customers to prevent yourselves from being as labeled obsolete in the market. The food service industry is one of the fastest growing sectors in the world. As far as the industry is concerned, “The best way to the customers’ heart is through their stomach,” and you get a brownie point if you can do more than just impress their taste buds. Keeping track of the latest food trends in the market gives you an opportunity to add a pinch of ‘WOW’ factor to the plate. Also, modern customers in the food service industry are always on the lookout for Instagram-worthy food items that could grab the attention of the followers and keep their mouth-watering too. Here is the list of the top food trends of 2018 that players in the in the food service industry need to incorporate into their menu cards right now:IR_Brochure

Capturing regional taste buds

The food service industry is witnessing the growth of customers who are willing to experiment with global cuisines from around the world. In 2018, this is going to be one of the most prominent food trends. The rising interest of people to seek gourmet experiences, which speaks of a region’s heritage and highlights local produce are prompting several players in the food service industry to experiment with popular cuisines from different parts of the world. If you are looking for new additions to the items on your menu, then local cuisine from different regions is something you should consider.

 food trends

 

 

Edible Flowers

Seeing a bunch of flowers is undoubtedly a treat to the eyes, but flowers on a plate just takes the game to a whole new level. Incorporating flowers in plating is one of the recent food trends that has gained immense popularity. The flowers do not particularly add any flavor to the dish, but they definitely make the dish more appealing to the eye.

food trends

Hunger for humane food experiences

The savvy diners today are abandoning gavage and marbling of livestock. They prefer to stay away from ‘cruelty on a plate.’ There is a high rate of increase in the demand for farm-raised eggs, pasture-fed meats, and supporting smaller producers who practice ethical treatment of livestock. Consumers today want to be assured that the proteins they consume have had a good life.

Adding the Midas touch – Go gold

Move over multi-colored cream cheese and rainbow bagels; it’s time to make way for all things gold and glittery. In 2018, one of the popular food trends paving the road to culinary indulgence is also about adding a touch of gold to it. Desserts boasting gold leaf inclusions, glittery condiments, and a dusting of 24-karat indulgence is definitely the way for food services clients to invoke the interests of those who like to sample the finer things in life.

food trends

 


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Top Trends in the Highly Competitive Weight Loss Industry

Staying in shape, getting fit, being active, and eating healthy is one of the most hyped things in the world. The fitness craze has consumed a majority of the world’s population, with people trying a variety of methods to achieve one single goal: weight loss. People’s willingness to spend considerably to achieve weight loss has created a lucrative market for players in the weight loss industry. The opportunity for weight loss supplement manufacturers, training program moderators, healthcare brands, and fitness equipment manufacturers has opened up significantly as the majority of the world’s population is rapidly jumping on the fitness bandwagon. Numerous reports estimate the weight loss market in the US itself to be worth $66 billion. High rates of obesity, low unemployment, higher disposable income, and sedentary lifestyles are boosting the market for the weight loss industry. As a result, numerous brands have made attempts to enter and gain a foothold in this lucrative market, making it intenselyIR_Brochure competitive. So here are the trends you should be familiar with to gain an upper hand in this market.

Continuing popularity of meal replacement products

Health brands have been successful in placing meal replacement product as a healthy alternative to regular foods. Although the cost runs on the higher side, meal replacement offers benefits of being portable and healthy. A meal replacement product has an adequate amount of protein with lower carb and fat content, which eventually helps in meeting the weight loss goals. It is estimated that the sales of shakes and bars will outgrow the sales of OTC diet pills by the year 2022. The market for meal replacement products is experiencing a healthy growth and is already worth $4 billion in the US.

The rise of complex carbohydrates

For a long time, fats were looked upon with an evil eye as they are responsible for obesity. However, numerous studies have diverted the attention to carbohydrates – simple carbohydrates to be precise. Numerous government food authorities have also credited the survey by warning the public of the dangers of over-consumption of simple carbohydrates. As a result, companies have been focusing on products with complex carbohydrates including whole grain oatmeal, pasta, and bread.

Rise of multi-level marketers

The multi-level market for weight loss products in the US itself is worth $2 billion with multiple companies entering the market each year. The rising cases of obesity are urging consumers to help other consumers to lead a healthier lifestyle. The multi-level marketing in the weight loss industry is picking up the pace because people tend to give more weight to success stories of individuals rather than try weight loss products which are advertised. Companies such as Shaklee, Herbalife, and Isagenix are pioneers of this multi-level marketing programs in the weight loss industry.

The millennial way of dieting

The modern-day weight loss efforts are considerably different than the weight loss programs followed by the Baby Boomers. The Millennials are more focused on clean eating, convenience, exercise, and avoiding sugars and highly processed foods. The limited income of the Millennials would urge them to favor inexpensive and convenient diet plans. As a result, the market for diet websites and apps, OTC meal replacement, zero calorie drinks, and low-fat foods are growing.

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