Markets
SNAC International Releases 2023 State of the Industry Report
SNAC International released its "2023 State of the Industry Report". The report highlights key insights and emerging trends shaping the future of this dynamic sector. "This report provides valuable insights and strategic guidance to support…
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7 in 10 Indian Consumers Crave More Flavor in Sweet Bakery
New research from Mintel shows that Indian consumers are yearning for a heightened level of flavor from sweet bakery products, with 70% of consumers agreeing that the usual offerings in the category are becoming boring. Compared to more…
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Loacker Labels Quadratini as a Wafer for Gen Z
With 30% less sugar than the leading wafer brands, Loacker says that Quadratini meets the needs of today's more mindful consumers by offering great taste from real, high-quality ingredients sourced ethically. The company ran a survey of…
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Five Game-changing Trends from Puratos’s Taste Tomorrow research
Puratos announced the fastest-growing consumer trends that are set to impact food producers all over the world. From nutrition to nostalgia, five dominant trends have been identified by combining findings from the company’s data-gathering…
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New Consumer Survey Reveals Demand for Scientifically Proven Prebiotics
When it comes to buying functional foods with prebiotics, product efficacy and proven claims are the most important consumer purchase motivators. This is according to a new global survey commissioned by the market research company FMCG…
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The Taste of Summer: Gen Z Prefers Mixed Flavors
Chocolate and caramel have replaced summer fruits as the UK’s essential flavor of summer this year, according to new research. When it comes to sweet treats, salted caramel (28%), triple chocolate (21%) and chocolate orange (20%) are the…
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Plant-based Snacks Market to Top Valuation of USD80bn by 2033
Fact.MR, a provider of market research and competitive intelligence, the global plant-based snacks market is expected to reach USD80bn by 2033, expanding at a CAGR of 8.7% from 2023 to 2033. Natural food products are in high demand because…
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Easter Chocolate Launches Increased by 19% Since 2022
2023 is a bumper year for Easter treats, according to new research from Mintel Global New Products Database (GNPD): launches of new seasonal Easter chocolate products have increased 19% over the past 12 months.
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Women’s Health and Affordability – Top Health and Nutrition Trends for 2023
The Kerry Health and Nutrition Institute (KHNI) has identified 10 key health and nutrition trends set to shape the food and beverage industry, with women’s health, affordable nutrition and sugar and salt reduction among some of the top…
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Bakery Processing Equipment Market Expected to Value USD13.4bn by 2030
A recent report by Verified Market Research estimates that the global Bakery Processing Equipment Market size was valued at USD8.831bn in 2021 and is projected to reach USD13.44bn by 2030, growing at a CAGR of 4.78% from 2023 to 2030.
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Industrial Chocolate Market Expected to Value USD97bn by 2033
The global industrial chocolate market is expected to exhibit promising growth opportunities because of the rising awareness about the health advantages of consuming high-quality chocolates. According to Fact.MR, a provider of market…
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Valentine’s Day Sweets Up 50% Since Last Year
The Valentine’s products are on the rise in the world, showing a two-digit increase even compared to 2022. According to Euromonitor International, the region with the highest retail sales of seasonal chocolate is Western Europe, reaching…
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Mintel: Americans Turn to Salty Snacks for Comfort
While the salty snack market continues to grow, it is feeling some effects from tightened budgets. Mintel research shows those who report their financial situations as struggling/in trouble are most likely (34%) to have decreased…
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Kerry Experts: Future Flavor Innovation to Come from Heirloom Recipes
Kerry, a global leader in taste and nutrition, is predicting that flavors inspired by heirloom recipes, across generations of tradition globally, will drive food and beverage innovation in 2023. These insights are contained in the company’s…
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The Frozen Bakery Products Market Expected to Reach USD49bn by 2032
According to Future Market Insights, the global Frozen Bakery market size is estimated to be valued at USD23bn in 2021 and is projected to reach USD49bn by 2032, recording a CAGR of 7.4% during the forecast period. Urbanization and a…
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Euromonitor’s 2023 Trends: Saving Money, Saving the Planet, & Revived Routines
Global market research company Euromonitor International has released its landmark “Top 10 Global Consumer Trends 2023” report. On the backdrop of inflation, supply chain vows and climate change threats, Euromonitor says that some of the…
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Barry Callebaut Reveals Top Chocolate Trends for 2023
Cocoa and chocolate producer Barry Callebaut released a report detailing the top trends that will dominate the industry in 2023, according to their analysis. “Chocolate Confectionery is an important and dynamic market, expected to be worth…
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Clean Label Trend Drives Growth in the Potato Fiber Market
The potato fiber market is expected to grow from USD512.8m in 2022 to USD712m by 2030, according to the latest GreyViews study. Due to rising rates of various ailments brought on by poor diets and demanding schedules, people are becoming…
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