Tag: snacking
Wellness, Emotions Fuel Snacking Trends
In just a few years, consumer snacking has evolved, driven by a greater focus on nutrient density and one’s emotional connection to food. This shift has accelerated the demand for healthier snacks that offer both pleasure and functionality.
Snacking Smarter: Consumer Trends and Product Solutions
Snacking Survey: Products and Innovations Today’s Consumers Crave
Today’s consumers are snacking around the clock, according to a shopper survey that notes which new innovations shoppers are craving.
The New Era of Nutrition: Balance in Every Bite
In assessing what we consume and how we feel, there’s a growing need to balance nutrition, indulgence, and sustenance.
On-the-Go Gourmet: Rapid Pace of Life Fuels Demand for Convenient Foods
Today’s consumers seek snacks that not only satisfy but also nourish, blending convenience with balanced nutrition and illustrated by the emergence of breakfast bars and protein snack boxes.
Feeding the Soul: The Transformation of Food in the Experience Economy
Many consumers are less concerned about material possessions and are instead turning toward experiences for fulfillment, sparking a resurgence of the so-called “experience economy,” which is also evident in food and snacking choices. In the …
Premium, Ethical, and On-Demand: The New Age of Snacking Unwrapped
For starters, the global demographic landscape is undergoing a noteworthy transformation, with “second lifers” – those embarking on new chapters post-retirement – emerging as a powerful group of consumers. By 2050, the over-60 demographic is expected to double. This shift is pushing the market towards balanced nutrition.
Mondelēz International Releases Fifth Annual State of Snacking Report: Global Consumers Continue to Prioritize Snacking
CHICAGO, March 14, 2024 – Mondelēz International, Inc. (Nasdaq: MDLZ) today announced the launch of the fifth annual State of Snacking™ report, a global consumer trends study examining annual insights on how consumers make snacking decisions. This year’s report reveals that amidst ongoing global economic uncertainty, consumers continue to prioritize, purchase and prefer snacks.
FI News Review (February 23, 2024) – How Weight-Loss Drugs Impact Food and Beverage
Chocolate Purchases Dip Despite Candy Viewed as Energy Boost
A new report from Mintel suggests one-third of Americans rationalize purchasing chocolate as an energy boost. Meanwhile, new research suggests a direct connection between dark chocolate and reducing factors that contribute to essential hypertension.
Mochi Mania Reaches Donut Shops
Mochi donuts are a mix between American-style donuts and Japanese mochi and originated in Hawaii. Mochi donuts are typically circular, like an American donut, but are pieced together with eight small balls that can be pulled apart and come in many different flavors.
The Future of Food: Health, Wellness, and the Trillion-Dollar Opportunity
The global health and wellness food market was $940 billion in 2022 and is projected to grow at a 5% CAGR, hitting $1.47 trillion in 2027.
The Scary Truth: Inflation Impacting Halloween Plans
This fall, candy manufacturers are faced with a frightening reality: many shoppers are planning to ease back on Halloween-related purchases. A new Halloween Spending Trends report revealed 73% of Americans said their shopping for the …
Unpacking How and Why Gen Z Snacks
Everyone in the food industry wants to crack the code on Gen Z, but what are the reasons behind the generation’s food purchases?
State of the Industry: Snack & Bakery
The American Bakers Association (ABA) and SNAC International recently hosted a webinar describing the current state of the snack and bakery industry. Presented in partnership with Circana (formerly IRI), the webinar featured a slew of …
Snack 50: The Surprising WHYs Behind Gen Z’s Snack Decisions
Earlier this summer, market research company Alpha-Diver and The Food Institute released the first ever Snack 50 report, the industry’s first measure of the psychological drivers of real-world consumer decision-making as it relates to snacking. …
Food Innovation Strategies in 2023
Innovation isn’t accidental; companies that successfully innovate are rigorous and disciplined, according to SnackFutures’ Barbara Schandl.
The Better-for-You Blockbuster Snacking Season Has Arrived
As families gear up for movie night across the country and CPG companies figure out how to get their snacks off the shelves and into the hands of consumers before the previews even start, what constitutes a typical movie night snack, for many, is going the way of the dinosaurs.
Groundbreaking Consumer Insight: The Snack 50 Psychological Ranking
According to Circana Group and reported by The Wall Street Journal, nearly half of American consumers snack three times or more every day, a figure up 8% in the past two years. Last year, U.S. snack sales soared to over $180 billion, up 11% from the previous year.
Introducing The Snack 50 – The First Psych-Based Measurement of the World’s Top Snack Brands
How to Win in the 2023 Snacking Universe
“Snacking is still a lifestyle in the U.S., fueled by the younger generation,” Wyatt began. “We’re in an unprecedented situation as price hikes in this category are outpacing other food/bev categories.”
FI Newscast (March 17, 2023) – Featuring Winston Song, PAI Partners
NA Drinks & Wings Win Super Bowl Sunday
Chicken wings are cheap and beer is expensive. Amid inflation, brands need an omnichannel approach to reach consumers, especially as it relates to snacking.
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Mondelēz Report: Consumers Prioritizing Snacking
Mondelēz’s latest State of Snacking report reveals that a majority of consumers continue to prioritize snacking, even amid rising prices.
“Better-For-You” Snacks Blur the Line Between Health and Indulgence
Where is the line between healthy and indulgent? Experts weigh in on the merits of new “better-for-you” snack options that intend to walk it.
State of the Snack Food Industry & Outlook
Analysis: Why Dieting is on the Rise
Roughly 52 percent of respondents in The International Food Information Council’s (IFIC) Food & Health Survey 2022 said they followed a diet or eating pattern in the last year — up 13% from the year …
Consumers Diving into Frozen Desserts
Consumers’ perpetual sweet tooth for frozen treats continues to drive category sales, despite equally persistent supply chain challenges. In particular, the frozen novelty segment has been a powerhouse over the past few years, with April …
Trail Mix Market on Path to Significant Growth
Companies producing trail mix are on the path to higher revenue. In fact, the trail mix market size is set to grow by $11.2 billion by 2026, according to global market research firm Technavio, which …
FI Fast Break audio news: May 4, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine: weakening consumer confidence, a surge in America’s snacking, and more. The Food Institute Podcast · FI Fast Break News – May 4, 2022 …
Study Illustrates Snacking’s Expanding Role in Consumers’ Lives
The definition of what a snack can be is broadening, and so is the role snacks play in consumers’ lives, according to Mondelēz International’s State of Snacking 2021 study. Seventy-nine percent of global consumers say …
IRI: Snacking at Home Trend Destined to Continue
Snacking behavior continues to evolve as more consumers return to work and resume activities outside the home. In the months ahead, companies should anticipate demand for on-the-go items —including snack bars and single-serve packaging — …
Something to Nibble on: the Rise of Snacking
The snack market experienced an uptick during the pandemic, as many consumers found comfort from items like popcorn during lockdowns. The global snack food market was valued at approximately $427 billion in 2020 and, according …
Q&A: Kellogg Exec Notes How Pandemic Has Altered Snacking
Nigel Hughes had an uncomfortable thought at the outset of the coronavirus pandemic. The SVP of global research and development at The Kellogg Company feared his company might struggle in the snack space amid pandemic lockdowns, since …
How Mars Wrigley Imagines the Future of Food
What does the future of food and snacking look like? Mars Wrigley Global Foresight Leader Joanna Lepore joins The Food Institute Podcast to discuss the 5- and 10-year prospects for chocolate, confectionary, and other munchables. …