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Powerful Nutrition and MMG Consumer Brands have come together and rebranded as Powerful Brands, dedicated to bringing unique, bold, and innovative consumer products to market. Powerful Brands boasts a growing portfolio of health and wellness brands including Powerful Nutrition (formerly Powerful Foods), offering high-protein foods, drinks, and dietary supplements to fuel active lifestyles; and MMG's hemp-derived CBD brands – KARIBO Beauty and mintedLeaf - found in food, drug, and mass stores.
Many retailers and manufacturers are still playing catch-up to that demand, putting in play billions of dollars in sales, according “2019 CBD Market Survey,” a study produced by A.T. Kearney, Chicago.
The report focuses on international, restaurant, catering, retail food, health and lifestyle, children, environmental policy and beverage trends, looking at what’s emerging, slowing down and just around the corner in the culinary and hospitality industries.
Les Dames d’Escoffier International (LDEI), Louisville, Ky., revealed data gathered from its international membership of over 2,400, which forecasts the most innovative trends in the culinary and cultural landscape for the next year.
Coresight Research, New York, released “Coresight on Cannabis: The CBD Consumer,” which surveyed 2,271 U.S. consumers (aged 18 and over) of CBD and/or hemp-based products to collect, analyze and publish data and insights on CBD’s current position and future market potential.
From “plants as plants” to unexpected proteins and everything in between, the Specialty Food Association (SFA) Trendspotter Panel, New York, predicts what’s coming up for specialty food in 2020.
Some predictions include higher demand for pet products, integration of the in-store and online shopping experience and non-traditional channel growth.
Consumer attitudes toward CBD indicate that there is a large demand for products containing the ingredient across the food sector, according to a study produced by FMCG Gurus, UK.