The increase in vegetarianism and flexitarianism has made the meat alternatives market a competitive and lucrative space, according to market research publisher Packaged Facts, New York. In the report “Proteins - Classic, Alternative and Exotic Sources: Culinary Trend Tracking Series,” 28% of respondents indicated they are seeking vegetarian sources of protein, which span a healthy range of products from beans and legumes to "fake meat."
An overwhelming majority of consumers continue to purchase private label food brands, but concerns about the safety and quality of the foods they eat linger, according to a recent report.
The world’s largest brewing company Anheuser-Busch InBev NV announced Wednesday it is considering a takeover of rival SABMiller plc and has approached the company about this possibility. No bid or offer has been made.
For today’s US consumers, ancient grains are more popular than ever as these foods continue to play a role in growing food trends such as whole grains, gluten-free, non-GMO and bio-diversity, natural, organic, high fiber, high protein and vegan diets.
Recent changes in demographics—population distribution, fewer married couples, smaller household size and multi-generation households—are leading to changing in household dynamics and eating behaviors, researchers say.
Mondelez International said it plans to become the global leader in well-being snacks by having 50 percent of its portfolio in this category by 2020. The company also committed to optimizing its existing e-commerce platforms and broaden its portfolio, targeting all consumers in response to shifts in income distribution.