Food & Beverage

What are the key food & beverage industry trends?

• Snacking has replaced the concept of “three square meals a day”, whether on-the-go or at home.
• E-commerce is gaining ground as consumer do more food transactions digitally, whether ordering groceries for delivery or curb-side pickup, subscribing to meal kits, or using apps to order carryout or delivery restaurant meals.
• Functional ingredients promising preventative treatment and DIY steps to better health have numerous opportunities, as this area that is full of innovation.
• Plant-based eating is becoming more common among people who don’t consider themselves vegetarians or vegans but are intentionally incorporating plant-based meat and dairy alternatives into their diets.
• Sustainability is about packaging (waste, recyclability, recycled content) as well as food or beverage waste reduction and upcycled food products (e.g., milk made with spent barley from brewing, granola from broken snack bars, juice or crackers made from produce scraps).
• Convenience is king, as many people still cook more at home than they did before the pandemic and are looking for solutions to provide healthy meals without stress.