Editor's Choice
Top Five Innovations in Sustainability in Q2 2024
Egle Tekutyte
Integrating sustainability into product development has become a fundamental aspect of business strategy as the rising demand for sustainable products is fuelling revenue growth.
UPF-free: The Next Big Claim in Food and Drink?
Ilona Fleischmann
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.
Innovation in Pet Care: A Convergence of Functionality, Premiumisation, and Route to Consumers
Sahiba Puri
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.
Rigid Plastics’ Circularity: Demand for Renewable Packaging Intensifies
Rosemarie Downey
There is ever-growing expectation for sustainable packaging. The search for better is reflected in consumer sentiment and regulatory attention. The focus on plastic goes wide with regulation increasingly the lever used to secure more rapid progress on the road towards a circular economy.
Commodity Market Outlook Q3 2024: Muted Demand and Improved Supply Outlook Ease Price Pressures
Aleksandra Svidler
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.
Innovation in Soft Drinks: Fewer Launches, More Functional Focus
Howard Telford
Soft drinks innovation strategy in 2024 is being developed in the context of a more challenging economic and financial environment. Sharp rises in the cost-of-living have made premium-priced products (generally the focus of beverage innovation investment) more difficult for consumers to afford and adopt