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Home » Topics » Retail Market Trends

Retail Market Trends
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Consumer trends and new retail food & beverage launches guide new product formulations.
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ARTICLES

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SOLUTIONS FOR START-UPS

It’s Time to Get Your Food & Beverage Business Growing

An expert shares insight regarding how to pick a partner and where to start
Lisa Thorsten
June 6, 2023

Ready to start making your new product? If you’ve passed your initial formulation hurdles, you’re ready to think about where to sell the item, an initial volume and how the food will be safely processed and packaged. Possibilities include a home kitchen, a commercial kitchen or co-manufacturing plant, just to name a few.


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Consumer Food Insights Report Explores Role of Dollar Stores in Food Landscape

The Purdue University Center for Food Demand Analysis and Sustainability report assesses food spending, consumer satisfaction and values, support of agricultural and food policies
May 16, 2023

The survey-based report out of Purdue University’s Center for Food Demand Analysis and Sustainability assesses food spending, consumer satisfaction and values, support of agricultural and food policies, and trust in information sources. Purdue experts conducted and evaluated the survey, which included 1,200 consumers across the US.


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Gen Z Consumers Influence Everything from Taste to Expansive Food and Beverage Trends

Product developers work to position new innovations and messages to youngest group of adults
Lu Ann Williams
April 28, 2023

Gen Z consumers are trend creators who define what markets should be provide. They welcome positive engagement with companies and seek new experiences.


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CATEGORY INSIGHTS: PLANT BASED

Candy, Kids Drinks and Condiments: Plant Based Innovations Push New Boundaries

According to a new survey, more than half of consumers are seeking plant based meal solutions
Nick Roskelly
Nicholas Roskelly
April 21, 2023

With more than 100,000 internet searches per month for “vegan recipes” and “vegetarian recipes”, it’s clear there is high demand for plant-based meals. The survey found that 52% of adults are vegan-curious and illustrated consumers’ desire for time-saving solutions to preparing plant-forward dishes. In fact, 56% of adults said they want shortcuts to plant-based meals. 


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Plant-Based Dairy Options Proliferate, Provide More Mealtime Options

Consumers purchasing plant-based options skew young, as 59% of shoppers between 18-34 have engaged in the category
Bob Garrison
Robert Garrison
April 20, 2023

Whether you pour it, spread it, slice it or spoon it—plant-based dairy options are making inroads in consumer kitchens. Retail 2021 data from the Good Food Institute and SPINS showed plant-based milk category sales at $2.6 billion alone with one- and three-year growth figures of 4% and 33% respectively. Moreover, plant-based milks enjoyed a 16% share of market two years ago and 42% share of household penetration.


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Snacks Evolve Into Healthy, All-Day, Organic Options

Formulating organic snacks will require ingredients with multifaceted functionality
Kantha Shelke, PhD
Kantha Shelke PhD, CFS
April 18, 2023

Breakfast items like cereals, omelets, and hash browns have become popular as snacks. Meeting this trend from the other direction, such comfort and enjoyment, coupled with convenience and variety, are increasingly repositioning snacks as replacements for meals. 


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SUSTAINABILITY

Major Food and Beverage Brands Make Significant Investment in Sustainable Product Development

New commitments, partnerships, package design and R&D facilities indicate long-term shift toward sustainability in the food and beverage industry
April 12, 2023

According to research from NYU Stern Center for Sustainable Business and Circana, sustainability-marketed products outperformed conventionally marketed products across 36 categories and grew +0.3 points to 17.3% of purchases. In addition, sustainability marketed products’ five-year compound annual growth rate (CAGR) sits at 9.48%, outpacing its conventional counterpart at 4.98% for the same period. 


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PepsiCo Launches Greenhouse Accelerator Program, Juntos Crecemos (Together We Grow) Edition

Hispanic-owned businesses providing food and beverage innovations, products and services invited to apply to join a six-month, mentor-guided program and receive a $20,000 grant
April 10, 2023

This year marks the eighth year of the Greenhouse Accelerator program, and the first-ever Hispanic edition, which focuses on driving growth of emerging Hispanic-owned food and beverage businesses through collaboration and innovation.


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SOLUTIONS FOR START-UPS

Food Start-Ups Elect to Commercialize with Simple Ingredients and Packaging

For greater success, entrepreneurs simplify recipes, procedures and packaging during development
Lisa Thorsten
April 6, 2023

You might be starting from scratch in a kitchen, or perhaps you already have a recipe you like. Either way, now is the time to think forward. You’re going to be choosing the ingredients and packaging you need to meet consumer expectations, support the statements and claims you want to make, and match way you expect to manufacture it.    


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2023 NEW PRODUCTS ANNUAL

Consumers Turn to Sauces and Dressings for Adventuresome Flavor

The hunger for new and different flavors lit a fire under sauce and seasoning product launches during 2022
Tom Vierhile
April 5, 2023

According to Innova’s 2022 Flavor Survey, 39% of Americans said they are most likely to experiment with flavors through sauces, seasonings, and toppings. These categories rank ahead of others such as bakery, soup, desserts and ice cream, cheese, savory snacks, and more.


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IMAGE GALLERIES

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2019 Spirit of Innovation Award Winners

Prepared Foods presented its 17th annual "Spirit of Innovation" awards for new product teams during the New Products Conference, Sept. 30-Oct. 2 at Chicago's Swissotel.

Learn more about the Spirit of Innovation Awards.

Posted: January 31, 2020

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Winter Fancy Food Show 2019

Over the years, Prepared Foods editors have looked forward to kicking off the year at The Specialty Food Association’s Winter Fancy Food Show. The show floor is filled with inspiring new products that give us a sense of where the food industry is and where it may be headed.

Posted: April 24, 2019

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Cannabis Foods & Beverages

As more states legalize recreational marijuana, the varieties of pot-enhanced food and beverage will increase. Take a look at this Prepared Foods’ Product Gallery, highlighting several recent releases in the growing edibles market. Look out for continued interest and acceptance in a host of snacks, treats, and beverages that feature the added benefits of cannabis.

Posted: February 14, 2018

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Prepared Foods Favorite Product Poll

Favorite Products: April 2023

Reser's Fine Foods Chefs Sean Dwigans and Todd Ketterman

Culinary Connections: Research Chefs Speak Out at Reser’s Fine Foods, Part 1

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Functional Ingredients Flourish in a New Wave of Foods and Beverages

Events

June 20, 2023

Beef Up Plant-Based Proteins For Tasty Meat Substitutes

This exclusive webinar outlines the use of a specialty enzyme that increases the umami of plant-based protein within the fibrous meat texture of texturized plant proteins. This “must-see” webinar will graphically demonstrate how this is accomplished with hard data including meat analog graphs, sample analyses, and sensory profiles.

June 27, 2023

Turn Insight Into Innovation: Clean Label Formulating for Today’s Evolving Consumer

Consumers continue to evolve when it comes to their expectations and choices with “clean label” food selections. Webinar panelists will discuss trends and technical solutions—for both today and tomorrow—involving clean label, plant-based, and processed foods and beverages.

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