Top 10 Food and Beverages Articles of 2017
These are the 10 most-popular articles focusing on food and beverage trends and markets that Euromonitor International published in 2017.
Overall, 2016 proved to be a year of overall volume growth, but also a year of changing consumer attitudes and aggressive innovation. Traditional category lines continue to blur or disappear.
In 2016, clean label’s influence over the food and beverage industry continued to grow, epitomised by Mars finally embracing the trend early on in the year. Elsewhere health continued to influence consumption choices and the announcement of a forthcoming sugar tax on beverages in the UK has forced the industry to evaluate sweetening methods.
Obesity is a growing concern in many nations in the Middle East, especially in the area surrounding the Persian Gulf. In the countries of the Gulf Cooperation Council (GCC) nearly a third of adults are now obese and diabetes and other weight-related diseases are becoming serious public health issues. While there are a number of reasons for this, including sedentary lifestyles and heavy consumption of fried and fatty foods (fast food spending grew more in the United Arab Emirates from 2010-2015 than in any other country), beverages play a large role.
According to the presentation: “Chocolate Strategy – Repositioning Indulgence To Remain Relevant In The Healthy Snacking Era”, the snacking market is being revolutionised by a consumer backlash against sugar, salt and artificial ingredients, as well as changing lifestyle and personal wellbeing.
Removing the effects of inflation and exchange rates, soft drinks unit prices fell globally in most categories during the review period. One category saw its unit prices fall much more dramatically than the rest though – energydrinks, the price of which fell by USD0.41 a litre between 2011 and 2016.
Euromonitor International discusses five key trends that are shaping global coffee pods, including the growing power of Nestlé and JAB Holdings and the importance of addressing sustainability concerns.
In the words of director general of the World Health Organization, Margaret Chan, the obesity and diabetes epidemics represent a “slow-motion disaster”. In 2016 65% of countries researched by Euromonitor International had an overweight and obesity prevalence of over 50%, while in countries such as the US, Venezuela and Mexico the same figure reached over 70%.
The top three countries in terms of coffee consumption are Brazil (1.1 million tonnes), the USA (949 thousand tonnes) and Indonesia (682 thousand tonnes).
According to the new research, global demand for Fresh Food increased by nearly 3% in volume terms in 2016 – very much in line with average growth achieved over the last five years.
In celebration of International Coffee Day, Euromonitor is sharing recent findings in the coffee pods market. Fresh ground coffee pods remain not only the fastest growing category of coffee, but of hot drinks in general. However, market maturity, high prices, intellectual property battles and sustainability concerns have started to cause this category to lose its lustre. Growth will still continue in pods’ core markets, but at a more subdued rate than in the recent past, as the gatekeepers to the major pod systems try to fend off a wave of new entrants to the category.