Thank you for Subscribing to Food Business Review Weekly Brief
Thank you for Subscribing to Food Business Review Weekly Brief
By
Food Business Review | Wednesday, October 16, 2024
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Consumers are driving change with plant-based diets, local foods, functional drinks, eco-friendly packaging, and innovative coffee and tea formats.
FREMONT, CA: Consumers' needs when it comes to purchasing are changing quickly. Their expectations for food are rising in a world where most fundamental requirements are met. The food business confronts the difficult challenge of deciding what items to introduce and how to enhance them to suit customer expectations better. It's essential first to comprehend how customer needs have evolved before considering the future of the food and beverage sector.
Current Trends for Food and Beverages
Plant-Based Diet: Plant-based diets are growing in popularity as awareness of wellness, environmental preservation, and health issues grows. In addition to lowering carbon footprints, dietary choices such as plant-based milk and meat alternatives are nutrient-dense and may accommodate a wide range of dietary preferences. Thus, these plant-based diets will thus be a key component of their marketing.
Local and Organic Foods: People are more concerned about food quality and safety. Therefore, the debate over food safety problems has remained. Thus, organic and locally grown foods fully satisfy this need. Incorporating more organically certified goods and locally produced products guarantees food quality and helps local farmers. This might become a popular beverage and culinary trend.
Functional Drinks: Fever and coughing increased the risk of dehydration during the pandemic. As a result, functional drinks like electrolyte water were quite popular at that time. As more individuals participate in fitness activities, there is a growing need for functional beverages. These drinks will be popular in the food and beverage sector in 2024 because they satisfy customers' thirst and give them nutrients.
Packaging Innovation: As a result of the broad acceptance of environmental protection ideals, people are adopting eco-friendly shopping practices, such as carrying their own shopping bags and reducing the usage of plastic bags. It is, therefore, imperative to innovate food packaging. Using recyclable, renewable, and biodegradable materials to package food will also gain customers' support.
Creative Coffee and Tea Formats: As businesses create new tastes and formats to catch customers' interest, the ready-to-drink coffee and tea industry is constantly growing. The beverage business is always coming up with new ideas to satisfy today's consumers' wide range of needs, from flavored teas to cold brews. Innovative mixes, eye-catching packaging, and practical serving sizes are just a few tactics to improve customer satisfaction and spur market expansion.
The Search for Alternatives by Consumers: There's a discernible shift away from standard coffee and tea selections toward useful and flavorful alternatives. Drinks like spicy teas with ingredients like ginger, cinnamon, and golden milk with turmeric and other spices are becoming increasingly popular.