According to a 2011 report from the Hudson Institute, a policy research organization, companies that offer products with “better-for-you” (BFY) attributes perform better financially than companies that don’t.
After water, tea is the most popular beverage in the entire world. Several countries have especially strong relationships with tea, resulting in a “tea culture.”
Coffee is the most popular hot beverage in the U.S. and the second-most popular hot drink in the world. Translating this success into ready-to-drink (RTD) cold coffee drinks has had checkered success in the marketplace.
The Hispanic market is segmented by factors that span from generational to preferential to native country differences. These characteristics affect food choices, from seasoning systems to fruits, legumes and grains.
On-the-go products are growing as consumers’ demand for more convenient,
healthy foods and beverages increases. Mintel’s and Euromonitor International’s
research helps shed light on trends in this growing market
segment.
The second annual Prepared Foods' "Foodservice Product Development Trends Survey" finds several issues and developments of concern to food manufacturers geared toward restaurants and institutions. This cross-functional range of respondents offers hints and possibilities that can provide a road map to the best chance at success in this growing industry.
As concern over sodium intake mounts, soup manufacturers are responding with healthier offerings, while packaging innovations are making soup a more readily available food choice. A refined consumer palate also is sparking a greater variety of taste options.
According to The NPD Group's annual Food for Thought survey, nearly half of American consumers spend 30 minutes or less preparing dinner. This statistic indicates the need for (and the rapid growth of) the convenience meals, soups, sides, and processed meats categories.