2022 Food and Beverage Trends

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Frozen convenience meals sold by food supply chain companies remain a major source of income. Convenience stores are expected to extend their frozen ready meal range in the near future, while online sales will tap into previously undiscovered market opportunities.

Entering a third year of the global COVID pandemic, shoppers and consumer packaged goods companies face issues of rising inflationary prices, supply chain disruptions and shortages of key ingredients or other materials.

Just as there are so many ingredients combined in a good sauce, there are many factors that combine to impact new product development in sauces, dressings and spreads. And this is true—seemingly for better and for worse.

Jones Soda Co. announced its entry into the cannabis-infused beverage and edibles business with the release of the first products from a new division operating under the Mary Jones brand.

Amidst turbulent economic conditions amplified by the pandemic, supply chain issues, and inflation, new data released today by the Plant Based Foods Association (PBFA), The Good Food Institute (GFI), and SPINS, shows US retail sales of plant-based foods grew 6.2% in 2021 over a record year of growth in 2020, bringing the total plant-based market value to an all-time high of $7.4 billion.

For several years, reports of a decline in consumption of dairy milk has led some to erroneously believe the dairy industry is slowing down, or even moribund. Huge growth in plant-based dairy analogs, and flat liquid milk sales certainly cannot be denied, but according to research by multiple organizations, dairy foods are enjoying a steady growth. A new report from Innova Market Insights revealed global sales for yogurt (both dairy and alternative) is on target to pass the $100 billion mark this year.

The National Restaurant Association Restaurant, Hotel-Motel Show announced the 2022 recipients of the Food and Beverage (FABI) Awards, which recognize companies for developing extraordinary food and beverage products that are leading the way in new tastes, flavor profiles, creativity and their potential to boost sales.

New potato chips products continue to enter the market at a rapid pace. Dozens were introduced at Natural Products Expo West in early March.

Bell Flavors & Fragrances is announcing the release of the 2022 Spark trend toolkit to identifying modern innovations within the flavor and fragrance industries. The toolkit has been reimagined and includes both macro and micro trends that are applied to a flavor or fragrance categories to identify what’s next.

Investment in alternative proteins, and funding for general protein innovation strengthens in 2022.