The cost of living, inflation, energy prices and climate change/sustainability concerns are set to shape the food and drink trends in 2023, according to research conducted by Campden BRI in partnership with The Food People.
Europe’s bakery market is estimated to grow by USD 41.49 million from 2021 to 2026 at a CAGR of 3.28% according to Technavio. The rising prominence of in-store bakeries in supermarkets notably drives this growth, the researchers find.
As prices continue to rise, IRI observes a return to 1970s and 1980s behavior, with deepening inflation fatigue.
Corn tortilla chips are on track to hold a major proportion of the industry, and the market is expected to grow as a result of the increasing number of product launches in new varieties, according to a new study from ResearchAndMarkets.
In the bakery industry, there is a growing preference for taste, without forgetting health priorities, when deciphering between products among consumers, according to market research done by FMCG Gurus.
A new UK report by Baker & Baker shows significant opportunity for growth in the vegan sweet bakery market segment. The research involved a survey of 1,000 UK consumers.
Dawn Foods unveiled its latest Global Bakery Trends Report and announced its new release, Dawn Exceptional Pak Perfect Non-Sticky Glaze at IBIE.
To counter rising food costs, consumers are bargain hunting when grocery shopping, eating more meals at home and cutting back on restaurant visits, according to a new report published by IRI and the NPD Group.
Consumer consciousness regarding food waste grew to 72% in the past two years. It is one of the population’s main concerns, together with rising food prices, supply chain challenges and the pandemic, with an impact on their behavior.
Today, 72% of consumers are aware of their food wastage; by comparison, this ratio was 33% in 2020, according to…