According to the National Retail Federation, consumers will spend an average of $1,007.24 during the holiday season this year, up 4.1 percent from the $967.13 they said they would spend last year. A recent survey of consumers, paired with NRF’s annual holiday spending forecast, shows that holiday retail sales in November and December will rise. Holiday shoppers are expected to… Read more »
Consumers are turning to functional foods to support their health and wellness, and digestive and immune health support are among the top fortified benefits they seek. For example, global food and beverage launches with digestive health-related claims grew 25% annually between 2012 and 2016, according to Innova Market Insights. Research by Global Data in 2015 also shows that improving immune… Read more »
Comax Flavors has released new primary research on consumers’ preferences towards bread products. Slightly less than half the respondents preferred whole wheat as the number one flavour consumed by all generations. Second favourite was white bread, with multi-grain only cited as a favourite by a third of the respondents, by 22 per cent. 85 per cent of 1000 U.S. respondents… Read more »
New research from Mintel reveals that seasonal launches accounted for one quarter of chocolate new product launches in 2016, the biggest area of chocolate new product development. “Our research shows that seasonal chocolate tops all chocolate new product development, a testament to the popularity of seasonal treats among consumers across the globe. This reflects the fact that these products are… Read more »
American consumers spent $21.5B on candy in the 52 weeks ending April 30, 2016.
FONA’s Trends Team releases its chocolate confectionery report based on data gathered between Jan. 2012 and Dec. 2015.
Britons’ consumption of bread, milk, tea and coffee all declined significantly during the last 40 years, according to new data from the UK government.
Using a combination of in-depth, formal and grassroots market research initiatives, Sensient Flavors has identified what it believes are eight up-and-coming flavour trends for 2016 – starting with chamoy.
The global bread and rolls market was valued at $187 billion in 2015, and it is expected to reach nearly $216 billion by 2020, according to a new report from Technavio, a global technology research and advisory company.
Forty percent of consumers say they are more willing to visit a restaurant that offers new and/or innovative flavors, according to the new Technomic 2015 Flavor Consumer Trend Report. Though classic flavors still appeal, consumers are increasingly driven to experiment with foods and beverages with unique flavor profiles. Technomic research shows that heightened interest in new tastes has accelerated the… Read more »