Functional beverages are set to boom with projected 8% annual growth, with energy drinks, waters and teas strong performers – but are consumers growing weary of gimmicks.
Energy drinks, sports drinks, and functional bottled water are among the functional and fortified beverage categories to watch, according to Euromonitor International.
Buoyed by the continued rise of protein as a super-nutrient and a growing urgency around better fitness to stave off lifestyle diseases, sports nutrition is attracting a wider audience of consumers, according to “Trends and Developments in Sports Nutrition”...
According the Euromonitor – in 2012 there were over 577 million people aged over 65 globally, a figure only set to rise according to government agencies. This has prompted focus to fall on the need for new dietary strategies to cope with this ageing demographic,...
For the most part, confectioners have continued to innovate in known areas like flavor, product size and packaging rather than innovating for health, says Euromonitor International.
Functional confectionery has made only small gains since approval of Barry Callebaut’s cocoa flavanol health claim but opportunities exist for premiumized chocolate products, says a Euromonitor analyst.
The dietary supplements market is set to grow by 4% annually running up to 2018, with Singapore, Hong Kong and Norway being the top spenders by household consumption, according to Euromonitor International.
The global functional, allergen-free, organic and other healthy foods market will push through the $1 trillion (€770m) mark for the first time in 2017, as consumer interest in preventing illness via foods snowballs, says Euromonitor International.
Slovenia’s small but growing food supplements market saw sales of single letter vitamins grow seven per cent in 2009, with local manufacturers dominating, according to a Euromonitor International market report.
Probiotics have had a rapid rise to public prominence in North America since Danone launched probiotic drinkable and spoonable yogurts on the US market in 2005, but probiotic cheeses have won little favor, according to Euromonitor research.
Manufacturers are hungry for ingredients that can aid weight management, says a new report from Euromonitor, but long-term advantages will only come with legislative approval and consumer education.
Functional foods from Japan are a source of inspiration for large
companies building the market in Europe, but there are some caveats
over the kinds of products consumers are likely to accept and the
need for scientific backing.
Health and wellness has become a hobby for many consumers and is a
major contributing factor in the rapid growth of the functional,
organic and health foods markets according to a new report from
Euromonitor International.
Dairy alternatives have continued to soar this year thanks to
private label and consumer health trends, but their market share is
not yet a huge cause for concern in the dairy industry.
Innovation pushed from flavour firms operating in this competitive
sector brings food developers new opportunities to improve the
final product as ICI flavour subsidiary Quest International,
streamlined in May this year through the...
Future growth in the OTC sector will come from new
condition-specific products targeting older consumers, including
vitamins and supplements like probiotics, forecasts market research
firm Euromonitor.
The outbreak of SARS in China caused rapid growth in vitamin sales
and despite a slowing of demand this year, it may have a lasting
impact on the industry.
Milk and cheese remain staples of diet in most parts of the world,
but yoghurt continues to be the main engine for growth in the
global market, not least because of its versatility as a functional
product, according a recent report...
The market for functional food products has grown steadily for
several years now, focusing primarily on the dairy sector. But
other sectors of the food industry, such as bakery and snacks, are
beginning to see more functional products...
Yoghurt has been by far the fastest-growing dairy sector over the
last four years, driven by added health benefits, convenient
packaging and improved taste profiles. Probiotic yoghurts grew
fastest after the new drinking yoghurt format.