7 Jun 22 | South Korea Time: 01:00 PM -
7 Jun 22 | South Korea Time: 03:40 PM
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Is it vegans who are the main consumers of meat and dairy alternatives? Or is it people who are cutting down on animal-based foods – meat and dairy limiters? Thanks to Euromonitor International’s Voice of the Consumer: Health and Nutrition survey, it is possible to determine the answer.
In 2013, the world’s first cultivated burger was unveiled at Maastricht University. It cost USD300,000 and took two years to make; the developers went on to form Mosa Meats in 2016. Since 2013, multiple start-ups have joined the fray, and as of mid-2022, an estimated 30-45 were working on cell-cultured food. While many of these start-ups' estimates for product launches have come and gone, in one country (Singapore) it is possible to buy and consume cell-cultured meat - and countries around the world are gearing up to follow suit.
Over the last few years, emerging or developing markets have steadily become important pockets of growth for consumer packaged goods companies. To grow further in these markets, this article talks about those consumers who are willing to pay more when purchasing essential items.
Organic product penetration in Europe is facing challenges, that start at the current economic uncertainty and price sensitivity, and continue through the rising popularity of various competing claims. This article discusses what should be the way forward for organic claims to appeal to consumers in Europe.
In 2022 societies have largely reopened, and most people are venturing outside the home again. However, the war in Ukraine and wide economic sanctions on Russia from multiple countries are adding to the aftermath of the pandemic. The cocktail of consequences facing food markets worldwide going forward spans the food supply chain, with various short-, mid- and long-term disruptors to raw materials supply, as well as manufacturing and distribution.
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