Study: Catering to the adventurous consumer is key for 2019
The Top 10 trends for 2019 report analyzes global developments in food and beverage launch activity and consumer research.
Targeting increasingly adventurous consumers, who are set on new discoveries and experiences, will be key to developments in the food and beverage industry in 2019, according to a report released by Innova Market Insights, The Netherlands. The connected world has led consumers of all ages to become more knowledgeable of other cultures, contributing to 35% growth of “discovery” claims, when comparing 2017 and 2016 new product launch numbers.
Innova Market Insights’ Top 10 trends for 2019 report analyzes global developments in food and beverage launch activity and consumer research to highlight the trends most likely to impact the industry over the coming year and beyond.
The Top 5 trends are:
1. Discovery—the adventurous consumer
The food and beverage industry is increasingly focusing on satisfying the adventurous consumer. Consumers are moving out of their comfort zones to explore bolder flavors and multi-sensory food experiences. There is a focus on heightened sensory delivery, often combined with an element of the unexpected.
2. The plant kingdom
The plant-based market shows no signs of slowing down. Companies and brands are greening up their portfolios to attract mainstream consumers who want to add more plant-based options into their diets. For many, going plant-based is about achieving a healthy and sustainable balance between meat and vegetables, rather than adopting an all-or-nothing way of eating.
3. Alternatives to all
As more consumers pay attention to health and sustainability, replacement foods and ingredients are on the rise. Health remains the No. 1 reason to buy food alternatives, with one in two U.S. consumers reporting that health is a reason for buying alternatives to bread, meat or dairy. The search for alternative proteins has resulted in a rising use of black beans, lentils, peas, rice, nuts, seeds, chickpea and even insects as protein ingredients for foods.
4. Green appeal
The industry is increasingly committing to answering customer expectations around sustainability. This is driving corporate goals, as manufacturers commit to sustainable product and packaging development with a range of initiatives. This includes waste reduction through upcycled ingredients and post-consumer recycling, as well as improved biodegradability and new technology, such as compostable capsules and vegetable inks.
5. Snacking—the definitive occasion
For most consumers, snacking is a part of daily life and always has been. What is changing, however, is the way people think about snacking and what is considered a snack. Snacking is no longer the optional extra, but the definitive occasion. It is a central focus of innovation across all food and beverage categories, with 10% average annual growth of global food and beverage launches with a snacking claim over the past 5 years (CAGR 2013-2017).
The other top trends identified in the report are:
6. Eating for me
7. A fresh look at fiber
8. I feel good
9. Small player mindset
10. Connected to the plate