Top Five Innovations in Sustainability in Q2 2024
Integrating sustainability into product development has become a fundamental aspect of business strategy as the rising demand for sustainable products is fuelling revenue growth.
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An improving supply outlook and muted demand have eased pressures in the commodity markets. In 2024, weaker manufacturing activity in key markets is set to limit price growth for energy and metals, while robust crop forecasts should curb agrifood price increases.
Read moreIntegrating sustainability into product development has become a fundamental aspect of business strategy as the rising demand for sustainable products is fuelling revenue growth.
The debate surrounding ultra-processed foods (UPFs) has grown significantly due to concerns about their health impact. This scrutiny is prompting political action, like past regulations on alcohol and tobacco, possibly leading to more regulations in Europe. Amid this regulatory shift, demand for healthier, natural options is strong. Brands can leverage this by tapping into clean label claims and highlight their clean ingredients more effectively.
From human-grade ingredients to novel formats and now functional benefits, innovation in pet care is becoming even more sophisticated. As the industry expands through new brands and categories, tracking new product development should be an important consideration for brand innovation strategy. With pet owners adopting a more “health first” approach, pet product innovation is increasingly going down the same route.
Integrating sustainability into product development has become a fundamental aspect of business strategy as the rising demand for sustainable products is fuelling revenue growth.
The debate surrounding ultra-processed foods (UPFs) has grown significantly due to concerns about their health impact. This scrutiny is prompting political action, like past regulations on alcohol and tobacco, possibly leading to more regulations in Europe. Amid this regulatory shift, demand for healthier, natural options is strong. Brands can leverage this by tapping into clean label claims and highlight their clean ingredients more effectively.
From human-grade ingredients to novel formats and now functional benefits, innovation in pet care is becoming even more sophisticated. As the industry expands through new brands and categories, tracking new product development should be an important consideration for brand innovation strategy. With pet owners adopting a more “health first” approach, pet product innovation is increasingly going down the same route.
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Euromonitor’s market research reports are an excellent starting point for understanding the leading companies and brands in a category and market. For more detailed data analytics and insights, Passport is the resource you need. Alternatively, if you require custom research our consulting team is ready to help you.
Euromonitor’s market research reports are an excellent starting point for understanding a category or market and the leading companies quickly. For more detailed data analytics and insights, Passport is the resource you need. You can discover new product launches faster than ever before and track their expansion and withdrawal. Alternatively, if you require custom research our consulting team is ready to help you.
The rise in global food insecurity will be a defining challenge for the food and beverage industry in the coming decades. Once-reliable supply chains are under threat from climate change and geopolitical shifts, which means the future will be one of higher prices and more frequent shortages. Understanding this new landscape will be critical to success in the years to come.
Probiotics and botanicals are rising “super ingredients”, with potential to propel health and wellness proposition of packaged food in Asia. The role of fermentation and cultured foods in Asia is helping to increase the acceptance of probiotics in food, while the emerging understanding of their benefits beyond digestive health offers potential to tap into other health benefit claims. Botanicals also have a role to play In addressing emotional wellness, through a healthy indulgence positioning.
Asia Pacific accounts for the bulk of the world’s waste, especially plastics used heavily in beverages, thus there is a pressing need for beverage companies in the region to invest in sustainable packaging. This report analyses consumer trends and regulatory developments regarding sustainability in Asia Pacific, with case studies considering beverage companies’ strategies for achieving greater sustainability.
Following years of challenges inhibiting launch activity, due to stockouts, SKU rationalisations and product framework optimisations, manufacturers are now ambitious about providing value to consumers through healthier, more sensorial, and culturally inclusive products. Leveraging the power of marketing, new occasions and promotions, brands and private label alike are intent on launching new products that align more closely to consumer values.
Cargill is one of the leading ingredients suppliers to various industries including food and beverages worldwide. It has extensive capabilities in producing ingredients in light of the growing trends, with healthy eating and sustainability being at the forefront. This report delves into Cargill’s financial results and markets in which the company is present as well as the competitive landscape of the ingredients industry with a specific focus on food and drinks ingredients.
Kerry, which describes itself as the world’s leading taste and nutrition partner for the food, beverage and pharmaceutical markets, continues to grow both organically as well as through carefully selected strategic acquisitions. It also remains at the forefront of innovative new product developments in terms of sustainable, plant-based and functional ingredients, among others, with the pandemic having served to provide further impetus to health and wellness trends.
In Brazil, 2022 saw significant developments in the packaging industry, driven by changing consumer behaviour and environmental concerns. With the post-pandemic shift towards on-the-go consumption, convenience and portability becoming key considerations for consumers, this boosted demand for compact and lightweight packaging solutions, such as PET bottles, metal beverage cans and flexible packaging. PET bottles are popular due to their lightweight nature, recyclability and durability. These bott
Amcor is a global packaging giant with a strong presence in North America and Western Europe. It produces mainly flexibles and rigid plastic for a number of fmcg industries, including food and beverages. Amcor is committed to all of its packaging solutions being recyclable, compostable or reusable by 2025 and achieving net-zero emissions by 2050. To maximise future growth, Amcor could look to increasingly tap into high-growth developing markets in Asia Pacific and Latin America.
While glass accounts for only around a tenth of overall packaging unit volumes in Western Europe, it is responsible for 70% of alcoholic drinks packaging. Glass bottles make up two thirds of beer packaging and dominate in wine and spirits. While glass continues to lose share to other pack types, including metal beverage cans and rigid plastic, the recyclable and often premium nature of glass will help to broadly maintain its usage levels.