Shoppers say taste and value guide nearly every choice, while conveniences like quick prep or resealable packaging make it easier to branch out and try something new.
The results highlight the desire for more social meals throughout the year, which according to consumer estimates, account for a third of food and beverage spend – approximately a $281 billion market.
Focusing R&D on marrying convenience and nutrition will be key for F&B manufacturers and processors to keep the consumer engaged, win the shelf space and maintain pricing power.
The first-of-its kind report from the food giant was completed in partnership with sales data from NielsenIQ, in-home consumption behaviors from Circana's National Eating Trends, and in-depth social media trend predictors from Black Swan Data.
The research found that flexitarians, the key consumer group driving the growth of plant-based, are more critical of products versus vegan and vegetarian consumers.