Market Updates

Market Driving Trends for 2013

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By: Sean Moloughney

Innova Market Insights’ ongoing analysis of key trends and developments in new product activity has resulted in its identification of 10 key emerging trends likely to impact the food and drinks market through 2013 and beyond.
 
1. The Aware Shopper, who is more informed and knowledgeable about value and health, is increasingly influencing the market, supported by mounting pressure from lobby groups, NGOs and celebrities, calling for transparency, credibility and accountability for the industry. Meanwhile, social-media-driven campaigns are also make companies more susceptible to negative publicity.
 
2. Health Traffic Jam. A lack of innovation in functional foods has resulted from the December 2012 deadline for the removal of EU non-approved claims from packaging labels. Companies are focusing on switching marketing messages behind approved claims, with a greater emphasis on the inherent benefits of certain foods and ingredients and a longer term investment in future personalized nutrition products.
 
3. Gray but Healthy will be a focus for an aging population, driven by rising consumer understanding of the role of a healthy diet in extending the active years. This will be reflected in greater interest in cleverly-marketed anti-aging products, including the move of well-established medical brands into mainstream aisles and the increasing promotion of inherent nutrients on an aging well platform.
 
4. Just Say “No.” Free-from claims are becoming increasingly prevalent. Gluten-free is now relatively mainstream, with lactose-free set to follow suit as awareness of problems associated with nutrient intolerance rises and technological advances improve the quality and availability of a whole range of products. “No” products also encompass meat-free lines, with technology allowing the development of innovative vegetarian foods, as well as fat-, sugar-and salt-free alternatives.
 
5. “Natural” Cracks Emerge after years of solid growth for products marketed on a natural platform. Lawsuits and regulatory pressure are rising over concerns about the definition of “natural” and whether highly processed foods should be using that description. As a result, some companies are switching to “additive- /preservative-free” positionings, while the use of GM-free claims is also growing in popularity.
 
The other five trends identified by Innova Market Insights include:
 
6. Protein Overdrive
7. Beating the Sugar Demon
8. Sensory Experience
9. More with Less
10. Interest at the Extremes
 
Innova Market Insights will present the top trends at Health Ingredients Europe (Frankfurt, Stand: K32). A special webinar will provide a 20 minute sneak peak of next year’s trends on Thursday, November 8 at 4:00pm Central European Time, 10:00am EST. You can register for the webinar here.

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