Low volume growth prospects expected in baby food call for innovation from brands to sustain value growth. Parents’ demands around clean label, functionality and convenience should be a priority for manufacturers to win in the baby food industry.
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.
The National Restaurant Association (NRA) Show took place in Chicago from 21-24 May 2022. As the foodservice industry recovers from the challenges of the pandemic, companies are focused on innovation to drive business. The show hosted attendees from around the world and featured the latest developments in food, drinks, packaging, and technology for the restaurant industry. Euromonitor International analysts attending the show observed several key trends driving innovation.
Fi Africa is the leading food and beverage exhibition in Africa, launched in 2021 as part of Africa Food Manufacturing, and co-located wtih ProPak MENA. Combined these events provide the market with a one-stop sourcing platform for the latest and most innovative ingredients and packaging, processing and logistics solutions from Egypt, the North and Central Africa region, and around the world.
To stay ahead of the innovation curve, attend the Sustainable DAIRY Alternatives event on the 24 - 25th of May in Singapore and find out what are the new materials & technologies out there and can truly delivering authentic taste, functionality and cleaner label for dairy protein.
In a time when the world is striving to create a balance between sustainability and profitability, a challenge such as food waste can severely undermine these efforts. With recent advancements in sustainable development and increased international pressure on countries to play a role in mitigating associated risks, many countries are exploring novel ways to reduce food waste.