NPD in action: Alcoholic beverages NPD
Mar 2020Alcoholic beverages come in many shapes and sizes, and consumers’ demand for new experiences is driving fast growth in limited editions and botanical flavor combinations. Gin is the fastest growing alcoholic beverage, but true potential lies within the healthier alcoholic beverage segment with “Hard” or “Spiked” Seltzers on the rise.
Truly Hard Seltzer with a Hint of Wild Berry (US). Hard seltzer with hints of wild berry, in a 473 ml aluminum can. Contains 5.8 percent alcohol by volume. Gluten-free. Certified kosher. Contains 140 calories, 1 g sugar and 2 g carbs.
NPD in action: Premium Desserts
Jan 2021For many consumers, ice cream and desserts are for moments of indulgence. The traditional way to boost the experience of indulgence - with innovative flavors and textures - is still a popular strategy for many brands. Beyond pure, lavish indulgence, an intensified focus on health continues to boost product development for moments of ‘guilt-free indulgence’.
NPD in action: Natural Flavors
Jan 2021With consumer preferences shifting toward cleaner living lifestyles, artificial flavors are often criticized. More and more artificial flavors are being substituted with natural flavors, which has resulted in a large variety of natural flavors among the latest product launches. Emerging natural flavors include natural garlic flavor, natural ginger ale flavor and natural salted caramel flavor.
NPD in action: Top Ten Trends 2021
Dec 2020As 2021 is approaching, Innova Market Insights releases its Top Ten Trends for 2021. “Transparency Triumphs” leads the list, underscoring brands upping their transparency game to meet evolving consumer demand. Other key trends expected to dominate the food and beverage industry in 2021 are “Plant-Forward”, “Tailored to Fit”, “New Omnichannel Eating” and “In Tune with Immune”.
NPD in action: Traceability
Dec 2020With traceability of ingredients increasing product transparency and consumer trust, food & beverage products are increasingly carrying claims related to traceability. The number of global food and beverages launches with a traceability claim is growing, with an average annual growth of +30% (CAGR 2015-2019). Traceability claims are especially found in the Fish, Meat and Eggs market category.
NPD in action: Chocolate applications
Nov 2020Organic and fair trade claims, and storytelling in particular, are increasingly used in chocolate applications to communicate transparency to the consumer. Besides red velvet, ruby chocolate and salted caramel, more exotic flavors are upcoming across a variety of chocolate applications, including matcha tea, cherry blossom and acai. Alcoholic drinks and sports nutrition are the fastest growing categories in which cocoa is used.
NPD in action: Protein Enrichment
Nov 2020Being conscious of your protein intake isn’t exclusively for professional athletes anymore. Food & beverage launches with a high/source of protein claim have increased with +20% over the last 5 years (Global, CAGR 2015-2019). While certain market categories, such as Dairy, are naturally high in protein, the use of added proteins is witnessed more frequently in other categories as well, such as Snacks.