Articles Tagged with ''millennial generation''

Food and Beverage Industry Trends

Gen Z, Younger Millennials Drive Major Shifts in How Consumers Earn and Spend

Combined worldwide spending on independently created content, items purchased via peer-to-peer commerce, and ridesharing services will grow to a total of $294 billion by 2026
January 11, 2023

A staggering 48% of all households surveyed reported engaging in at least one source of tech-enabled income generation in 2022, led by content creation, peer-to-peer commerce, and rideshare driving. This trend is driven by Gen Z- and Millennial-led households, where 60% of  respondents said they derived such income in the last year.


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T. Hasegawa: Where Flavor Meets Protein

Flavors specialist T. Hasegawa eyes trends, tastes involving flavor and protein
February 28, 2022

For more than a century, T. Hasegawa has made “Life Taste Better” through custom flavors and fragrances developed for the world’s top food and beverage brands.


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Immune Health Concerns are Here to Stay

The global pandemic has raised levels of consumer anxiety while accelerating a more proactive and holistic approach to health
July 7, 2021
Innova Market Insights’ consumer research indicates that one in four people globally has become more concerned about their immune health since before the pandemic. The most significant increase was among Millennials (aged 26 to 35 years) and younger Gen X (aged 36 to 45 years). Higher levels of concern among these relatively young age groups indicate the potential for longer-term consumer interest.
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Food and Beverage Industry Trends

Changed Forever: What 2020 Did to Consumer Behavior

New report reveals how COVID-19 accelerated major shifts in spending and attention
December 17, 2020
Coefficient Capital and The New Consumer worked with Toluna, Inc. to survey 3,500+ US consumers on shifting behaviors resulting from the COVID-19 pandemic. The survey, conducted in November 2020, asked consumers about their spending habits, consumption patterns and other behaviors related to food & beverage, fitness, alcohol and beauty.
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Kids, Millennials, and Gen Z Consumers Favor Cereal with More Sugar

Cereal is among the favored sugary comforts for many quarantined Americans
June 24, 2020
Americans desire food indulgence, and despite health concerns, some consumers don't mind if sugar is a part of indulgent consumption. Due to the impact of COVID-19, consumers stockpiled food, and many turned to familiar, comforting (and sugary) foods.
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Glanbia Nutritionals: Trending Tastes

Glanbia Nutritionals unveils insights into major food, beverage industry trends
May 12, 2020
Times change, and so do consumers’ tastes. After all, there’s a reason the phrase “flavor of the month” exists. Capturing interest, and the harder job of holding onto it, is a constant challenge for food and beverage producers. 
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