final top trends2014_0924
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Top Food Trends 2014TRANSCRIPT
© 2013 Cargill, Incorporated. All rights reserved.What Goes Around, Comes Around—September, 2014CONFIDENTIAL. This document contains trade secret information. Disclosure, use or reproduction outside Cargill or inside Cargill, to or by those
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What Goes Around, Comes Around
Five consumer trends that are here to stay.
© 2013 Cargill, Incorporated. All rights reserved.What Goes Around, Comes Around—September, 2014
Staying Power DefinedWhat makes kale more appealing than cabbage? Or The Paleo Diet®1
hipper than the Atkins craze?
Consumers Are Key
When it comes to predicting which food
trends will have staying power, it helps to look
at consumers’ current eating habits, popular
flavors and pop culture influencers.
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1 The Paleo Diet® is a registered trademark of The Paleo Diet, LLC. Source: Toronto Sun. “Food trends get decoded in ‘The Tastemakers.’” (Page 2).
© 2013 Cargill, Incorporated. All rights reserved.What Goes Around, Comes Around—September, 2014
Here’s a look at some new trends that seem to be in it for the long haul.
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© 2013 Cargill, Incorporated. All rights reserved.What Goes Around, Comes Around—September, 2014
Buy LocalAccording to the Institute of Food Technologists’ (IFT) 2011 “Top 10 Food Trends,” 58 percent of consumers in 2010 had shopped at a farmer’s market in the past year. Also, the terms “farm-fresh,” “farmer’s market” and “farm-grown” expanded to 80 percent more menus in the past three years.
Why it MattersConsumers are interested in knowing where
their food comes from. Many consumers believe
buying local enables them to support a local
business and even conserve energy expended
bringing items to market. Helped along by
media attention to Michael Pollan’s “The
Omnivore’s Dilemma” and Eric Schlosser’s
“Fast Food Nation” book and its corresponding
documentary, consumers now expect to know
the origin and ingredients in products they eat,
whether it’s green beans, pies, bread or eggs.
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Source: IFT.org. “Top 10 Food Trends.” (Page 9).
© 2013 Cargill, Incorporated. All rights reserved.What Goes Around, Comes Around—September, 2014
Holistic ApproachMore consumers are recognizing a link between what they eat and how they feel. They are using what they perceive to be “healthy” foods and beverages to try to improve their health, holistically.
Focus on Nutrition“A growing health consciousness has taken hold in
America, with nearly a third of U.S. consumers saying they
are knowledgeable about health and nutrition,” reported
Food Business News. According to Joanna Clifton, a
market analyst with Innova, “There has been a changing
approach to functional foods and some big manufacturers
are looking to all areas of alternative health to provide a
more holistic approach to nutritious food and beverage
solutions.”
Dietitians surveyed in Today’s Dietitian magazine agree
that consumers are now grocery shopping for healthy
foods, and 66 percent of surveyed dietitians think this
interest in nutrition will continue to grow.
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Source: Food Business News. “Ten food trends unveiled at IFT. 2014” (Pages 2 and 4). Food Navigator. “Innova predicts top five industry trends for 2014.” (Page 1). Food NY Daily News. “Top nutrition trends for 2014: Gluten free, ancient grains, kale.” (Pages 1 and 2).
© 2013 Cargill, Incorporated. All rights reserved.What Goes Around, Comes Around—September, 2014
Clean, Real FoodToday, consumers are looking for transparency in positioning
and on labels.
What to Look ForSpecifically, consumers say they do not want to
see artificial ingredients, pesticides or
antibiotics on food labels. An increasing
number of consumers are now reading labels
with a specific focus on ingredients. To address
consumers desire for trustworthiness,
transparency should be a focus in product
positioning.
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Source: Aria Foods Group. “IFT 2014 The foods trends of the future – what are consumers seeking?” (Page 3).
© 2013 Cargill, Incorporated. All rights reserved.What Goes Around, Comes Around—September, 2014
Specialty TreatsEven health-focused consumers want to indulge now and then.
What’s in?Dessert, for example, is still served twice a
week on average, according to the International
Dairy-Deli-Bakery Association in 2011. Indeed,
the fastest growing food categories currently
are chocolate candy, creamers, cookies and
wine, said IRI.
An example of a product that has been
launched to tap into this trend is Starbucks
VIA®1. Starbucks VIA® instant coffee was
launched as a specialty treat and brought in
$135 million its first year.
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1 Starbucks VIA® is a registered trademark of the Starbucks Corporation.Source: IFT. “Top 10 Food Trends.” (Page 15).
© 2013 Cargill, Incorporated. All rights reserved.What Goes Around, Comes Around—September, 2014
Three Meals a DayConsumers are getting the message that eating three meals a day is the best way to keep their energy up and metabolism chugging along.
Breakfast is Back According to IFT, the percentage of adults eating
three meals a day (with or without snacks) has, in
fact, increased to 44 percent — a 6 percent uptick.
So what meal are they adding to their diet? Most
likely, it is breakfast. On average, consumers are
eating breakfast 5.3 days a week, with 55 percent
never skipping it, reports the Food Marketing
Institute. Accordingly, breakfast foods sales are up,
with frozen and refrigerated meals up 8.2 percent in
2010 but pancake and waffle sales are down, noted
IFT.
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Source: The Food Marketing Institute. “U.S. grocery shopper trends 2010.” IFT, “Top 10 Food Trends.” (Pages 16-17).
© 2013 Cargill, Incorporated. All rights reserved.What Goes Around, Comes Around—September, 2014
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