Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES

 
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Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
Global trends and
insights – Food for
Health & Wellbeing

       June 5th 2020

                       1
Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
1. Food for health: passive and active products
           2. Global trends 2020
           3. Impact of Covid-19
           4. What is expected to be seen?

Contents

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Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
1. Food for health: passive and active products

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Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
Active products naturally
             contain or have been
Active or    incremented in any functional
functional   ingredient. This means, an
             ingredient that positively improves
foods        a function in our body: “source
             of omega-3”, “boosts your
             immune system”.

Passive      Passive products highlight a
             presence, reduction or absence
foods        of a component that depends on
             an individual’s diet and interests:
             “no added sugars”, “low in
             fat”.                                 Fermented soy-based beverage, coconut flavor.
                                                          Product registered in Spain, nov. 2019.

                                    Source: Innova Database, Passive & Active Health Products 20204
Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
Global sales in
2018 – Food &     Intolerance (gluten,                46.708,30
Beverages with    lactose, others)                                 113.994,12

health-related    "Free from"
benefits for
                  "Reduced in"           384.596,82
consumers*                                                 171.912,49

                  Functional and
                  fortified                           183.630,34
 + 900.482M       Naturally healthy
 USD
                                                *Values in millions of dollars

                                                          Source: GlobalData 2020
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Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
General wellbeing       57.884,03 33.955,41 3,80
Global sales in                                  44.446,84         ,94

2018 – Food &
                  Body weight
Beverages with    management
health-related    Digestive health
benefits for                              65.894,34
consumers*        Energy Boosting
                                                                            486.393,50
                  Suitable for diabetic   194.613,22

                  Cardiovascular health

                  Immune system (3.80)

                  Bone and joint health                                  *Values in millions of dollars
                  (.94)
                                                                                   Source: GlobalData 2020
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Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
Health Claims in West Europe and Spain

                                        Passive foods and beverages predominate in West Europe

                                                             Health Claims contained in launched products
                                                                      West Europe, 2015 - 2020

                                                         Wholegrain
                                                   No added sugars
                                                                                                      In Spain
                                                             Natural                                      12,4%
                                              Low/No/Reduced in fat
                                                                                                          CAGR
                                                        Lactose free
Sales in Spain2018 – F&B with                                                                           2015-2020
                                                 High/Source of fiber
health benefits                               High/Source of protein
                                        No addtives/No preservatives
12.327M USD in food                                      Gluten free
                                                             Organic
7.398M USD in non-alcoholic
beverages (2018)                                                        0   10.000 20.000 30.000 40.000 50.000 60.000 70.000 80.000

              Source: GlobalData 2020                                                      Source: Innova Database2020.

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Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
2. Global trends 2020

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Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
provided to MERCADOS@CLUSAGA.ORG on 13 Feb 2020 19:13 (UTC)
                                Global Food Trends 2020
© 2020 INNOVA MARKET INSIGHTS

                                 To tell a                                                                              Seeking
                                 story &                                 Yes to                                        into high-
                                             Plant-based                                      The right bite
                                generate                              sustainability                                     quality
                                emotions                                                                                textures

                                                     clean labels- smart packaging- healthy & tasty

                                  Food                                                           Macro-
                                 looking                              Increasing                                         detailed
                                               hybrids                                         nutrients’
                                  pretty                               familiarity                                    customization
                                                                                             reformulation
                                                 +

                                                         Source: Innova Market Insights 2019, Mintel Tendencial Globales de Consumo 2030
Global trends and insights - Food for Health & Wellbeing - June 5th 2020 - AHFES
3. Impact of Covid-19

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“
There are two contrary trends happening. During an economic downturn,
consumers become price sensitive and “trade down” or look for more value
when shopping. However, during food crisis they become more quality conscious
and are willing to pay more for healthy and nutritious foods.
                          Amarjit Sahota, founder and CEO of Ecovia Intelligence

                                  Source: Food Navigator (2020) – Organic food’s coronavirus boost:
                                  “Health crises have a long-term impact on consumer demand”.
                                                                                                      11
3.
Impact of
Covid-19 in
West Europe

              Fuente: GlobalData 2020 Coronavirus (COVID-19) Sector Impact: Global Consumer
              Packaged Goods 5
                                                                                              12
Short-term

                 •       Change of season

             •       Spent time at home

                     •    Emotional status

•   Health Locus of Control Profile

                             •   Halo effect

             •       Economic situation

     •   Brand loyalty vs new trials

                 •       What sales reflect

                                          Long-term
                                                       13
comfort
                            food
                                           planning
                                           cooking
         e-commerce                        freezing
                                            storing
                         Prevention of
                           diseases

   Trans-
                                                      snacks
  parency
                          Boosting
                        immune system

                vccc
                                         conscious
        local support
                                         purchases

                           organic

Sources: Food Navigator, Mintel, Nourish Food Marketing, Tastewise (2020)14
Multiple possible scenarios
                   High impact of Covid19

                                 org
                                 áni
                                 co

Z, Millenials                               X, boomers

                                org
                                áni
                                co

                   Low impact of covid19                 15
What is expected to be seen?

(Regarding trends and health-related food products)

                                                      16
Right now…

             17
Yogurt, vinegar, kimchi, sauerkraut, kombucha & supplements
Foods that
boost the
immune
system

             Supplement in powder (USA)         Drinkable yogur (Spain)

                                             Source: Innova Database 2020       18
Fermented drinks
Tea + probiotics                                                                 Consumers want
                                                Story & Benefits                 to…
                                                                                    Relieve       stress,
                                                                                    prevent or even treat
                                                Reduced in sugar                    a disease, natural
                                                                                    sources    of    anti-
                                                                                    inflammatories.
                                                                                    Pleasure.
                                                 Short lists of
                                                  ingredients
                                                                                    Formats
                                                                                    Spoonable foods,
                                                                                    condiments,
                                                   Organic
                                                                                    snacks.

                   Hemp Kombucha (Australia).
                      Source: Cannabis Place                       Kombucha de manzana (España).
                                                                   Source: Innova Database
Cold infusions
Balance         The botanical concept:
                jasmine,        roses,
between         hibiscus.
wellbeing and
pleasure
                Less sugar
                “Low in sugar”, “zero azúcar”, “no
                added sugars”.

 Covid-19 =     Flavors: plant-
 Premium        flavored mostly
 cateogory      Combinations of fruits,          Cold brew coffee with chicory. (Estados Unidos)
 products       spices, chilis, coffee and       Source: Innova Database 2020.
                Brown and seasonal
                flavors.
                                                 Source: Innova Market Insights 2020           20
In the coming years

                      21
Naturally sourced ingredients (mostly from plants)
A continuous search for alternatives

                                                                 Seaweed       as    a
  Substitutes    for    Dairy and meat substitutes.              snack; as an additive      Insects: a more
  cereals       with    Hybrid products: plants +                in food, as a material     sustainable protein
  gluten.               animals sources.                         for packaging              source.

                                       Fuentes: Food Navigator, Innova Database, Mintel, The Path Magazine 2020
                                                                                                                  22
Protein consumption has increased with
The Plant-based revolution                                        Covid-19 crisis
From a megatrend to a status

    Most prefered claims by consumers                                Foodservice & retail thinking of plant-based
                                                                                foods & consumers

  Vegetarian         Vegan           Plant-based

      6%               4%
       Population in Europe

                Compound anual growth rate
  +68%          of products depicting a “plant-
  CAGR          based”     claim    (2014-2018
                CAGR)

                                     Source: Innova Market Insights Trends 2020, GlobalData 2019, Plant Based news, Medium   23
Nutritional information: easy to read and                        Descripción: Fermentado de soya estilo
                                                                 Skyr.
to understand                                                    Perfecto para empezar el día, con
                                                                 proteína extra, 100% vegetal y
                                                                 totalmente delicioso. Disfruta una densa
                                                                 y deliciosa textura en cualquier
                                                                 momento del día.
 “I don’t have enough time
 to read labels when I’m                                         Ingredientes: base de soya (agua, soya
                                                                 desvainada (15.7%), azúcar, estabilizante
 doing groceries, even if I                                      (pectina), citrato tricálcico, correctores de
 wanted to”
               28%
                                                                 acidez (citrato de sodio, ácido cítrico),
                                                                 sabor natural, sal marina, antioxidantes
                                                                 (extracto rico en tocoferoles, ésteres de
                                                                 ácidos grasos de ácido ascórbico),
       of global consumers                                       vitaminas (B12, D2), fermentos (s.
                                                                 Thermophilus, l. Bulgaricus).
       Source: GlobalData 2020                                   Etiqueta: Alto en proteína. Bajo en
                                                                 azúcares.       Naturalmente   libre  de
                                                                 lactosa. 100% de origen vegetal. Apto
                                                                 para vegetarianos. Naturalmente bajo en
                                                                 grasa saturada. Rico en fibra. Fuente
                                                                 de proteína. Fuente de calcio. Contiene
                                                                 vitaminas B2, B12 y D. La vitamina B12
                                                                 contribuye a la reducción del cansancio y
                                 Produced in Spain.              la fatiga. Nutri-Score: A.
                                 Source: Innova Database 2020.                                                   24
New trials with “ancient                                       “Your purchase benefits you
diets” and food culture                                        and benefits the environment”
beard in mind
                                                                                  Health and Sustainability

 Herbal and fruit extracts,
 essential oils y oleoresins.

Cider vinegar, 100% Galician apples
produced by 150 Galician farmers. 5%
acidity, gluten free, unfiltered.
                                                                                                “Love yourself” +
                                                                                                 “low in sugars”
                                                                                                      claim

                                       Source: Innova Database, products registered in Spain, 2020.
                                                                                                                    25
Ingredients: towards familiarity
                                                                                                Relieves pain,
Probiotics, Prebiotics y Cannabidiols (CBD)                                                        induces
                                                                                                  relaxation,
                                                                                               reduces anxiety
                                                                                                 and stress.

    Flavored porridges with probiotics (UK)

                                                                       Cacao and coconut bar with natural
                                                                               nootropics (UK)
                                  Sparkling drink with prebiotics
                           100% plant-based, no added sugars (Australia)
                                                                           Source: Innova Market Insights Trends 2020   26
Megatrends impacting lifestyles
 Time planning: quick                            Double benefit: easy to                      Comforting and pleasant
    F&B, on-the-go                                 prepare and homy                                   flavors
                                                       sensation

 Dairy drink with caffeine and
       probiotics (USA)
                                                                                              Caramel & Chail Latte ice cream
                                 Ready-to-eat oats    Chicken Tikka Masala - tandoori
                                 with turmeric and      style, tomato and fenougreek
                                       orange         creamy sauce and Pilaf rice (UK)
                                     (Amazon)
                                                                                                                                27
                                                     Source: Innova Market Insights 2020, Tesco, Oikos Profuel, Amazon, Häagen-Dazs
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