Food production is one market that will never fully slow down: after all, everyone needs to eat! However, the market is evolving and changing thanks to various global social, economic and political issues.
Credit: industryviews / Shutterstock
Credit: industryviews / Shutterstock
The war in Ukraine, in particular, has put a strain on food supplies internationally, meaning that some products are more scarce or expensive.
As well as these inevitable global issues, there are also smaller micro-challenges that are affecting how our food is produced and sold.
If you're a food producer or an expert in the wider food and beverage landscape, then here are some of the top trends in the food production market globally, how they're affecting the market and what companies can do about it.
Prices Are Rising For Supplies
As in almost every industry around the world, prices are rising for food producers. These rising costs include the price of raw materials, ingredients, packaging solutions and energy to run manufacturing plants. As a result, many food production firms are seeking to improve efficiency and find ways to reduce costs in the long term, including using automation. If you research BPA's case packer, then you'll see how cutting-edge automated solutions can save food production companies time and improve efficiency. This will help if you manage a food production firm and want to save money without sacrificing ingredient quality.
There's A Wider Array Of Packaging Options Available
Food packaging has never been more diverse, and there are now more and more solutions to choose from. Companies have the option to use their food packaging to make food more convenient to heat and serve, highlight their commitment to sustainability and more. As such, food production businesses don't have to use the same old packaging and can explore innovative options when it comes to material, size, shape and style. If you're looking to rebrand a food item or target a different audience, then consider how you can adapt your packaging.
Vegan Food Remains A Key Focus For Consumers
Veganism is a rising trend that has been becoming increasingly popular in recent years, and it shows no sign of slowing down now. The vegan food market has grown substantially over the past few years and is predicted to grow even more in the future. As such, food producers need to consider their product range and how they can label items that are already vegan to highlight this fact. You also need to consider adding to your existing offering by adding plant-based alternatives to appeal to a wider range of consumers. Vegan food is a popular option, and it appeals to diners who are dairy-free, focused on sustainability or want to eat more healthily. So, you can reach a wide market if you offer plant-based alternatives to traditional meals and snacks and advertise them widely.
Traceability Is Key
Traceability, or the chance to review the source of ingredients and how they were stored from the beginning to the end of the food production process, is increasingly important to modern consumers. Many are eager to know where their food comes from to ensure that it is sustainable and doesn't contain any allergens. Also, they want to make sure that they are getting what they are paying for, particularly when buying expensive items such as cheese or meat. Manufacturers need to make sure their supply chain process is traceable and provide customers with QR codes or website links to allow them to access records easily.
Food production continues to evolve and adapt to the global economic, social and political landscapes. Other factors that affect new trends in the food and beverage market include diet fads, social media and more. This list offers a range of some of the top trends currently so that food production companies can be prepared and adapt accordingly.
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