Plant-based meat snacks have emerged onto the alternative-meat market in recent years drawing the attention of consumers, manufacturers, and investors. The once-held confidence that US consumers would adapt whole-heartedly to plant-based meat alternatives has weakened as companies like Beyond Meat have struggled to meet their targets. As plant-based jerky circulates the market it is evident manufacturers have everything from taste and texture to marketing and price point to perfect to achieve success. However, many companies will strike the balance and find their market position, resulting in strong adoption of plant-based jerky by vegans and reducetarians alike, and experience healthy growth in coming years.
Consumers became more aware of their eating habit during the pandemic. Staying at home resulted in people having more indulgent snacks with higher fat, sugar and carbohydrate content, whilst being less active. This forced some to think about permissible factors to find balance in their chosen diet.
During the pandemic conventional dietary habits were challenged, and daily use products were reconsidered. Consumers’ expectations of gaining some health-boosting benefits from food increased, as it appeared that immunity, obesity and other underlying health factors could be key when faced with COVID-19.
As the pandemic has impacted our lives, so it has impacted our food choices. Coronavirus (COVID-19) continues to shape our environment, accelerating and consolidating emergent trends into longer term probabilities. The pre-pandemic "normal" for eating out is unlikely to return for some years to come, and three in four food industry professionals think that health and wellness will remain a paramount concern through to 2025.
Working-from-home is likely to remain a lasting trend, which companies need to address. For food, this primarily means that more lunches are being eaten at home. Consumers will have less need for lunch restaurants and more need for ready meals, time-saving cooking solutions, home delivery of meals and retail food for cooking.
BHB FOOD 2021 takes place between 29th September to 1st October. The online conference dives into trends and innovations in food, beverage, and supplements. Inspired by nature. The virtual conference offers lectures with the most current and relevant topics on marketing, health, nutrition, and consumer desires. Euromonitor International is pleased to present ‘Mindful Eating: The Search for Simple and Functional’ in the event's opening presentation.
The Coronavirus (COVID-19) pandemic has transformed snacking. Portability, on-the-go and social occasions were disrupted by quarantine orders and distancing efforts. Sales in emerging markets – which are uniquely dependent on out-of-home occasions – and in categories like snack bars, mints and gum, all struggled with these shifts. At the same time, categories like savoury snacks, cookies or ice cream saw sales surge as stuck-at-home consumers turned to snacks for comfort and indulgence or for family movie nights.
This video introduces the biggest trends in the global food market. The COVID-19 pandemic led consumers to refocus on mindful eating and plant-based proteins, with a renewed focus on mental health, immune support, functionality and sustainability.…