Thursday, January 6, 2011

Food Flavors and Ingredients Outlook 2011, 8th Edition

Summary

The super slow and seemingly jobless recovery that defined 2010 will linger in 2011, further hampered by food inflation. Concurrently, addressing America’s obesity epidemic will take on heightened importance. This combination of factors will impact the what and why of consumer food and beverage selection, both at home and away in 2011. This report aims to highlight key flavor and ingredient trends for the coming year and provide relevant insights for food manufacturers, retailers and foodservice.

Food Flavors and Ingredients Outlook 2011, 8th Edition

In addition to taking a look back at 2010, the eighth edition of this annual report provides insight into major flavor and ingredient trends for 2011 including:
  • Flavors From Around the Globe
  • Sustainability Trumps Local, Organic and Natural
  • Wellness Overhaul
  • Overcoming Obesity
  • Plethora of Produce
  • Flavor & Ingredient Crossovers
  • Salty & Big: Wellness Be Damned
  • Bolstering Breakfast
  • Simply Savory
  • Satisfying Sweets
Report Methodology
The information in Food Flavors and Ingredients Outlook 2011. 8th Edition is based on both primary and secondary research. Primary research included interviews with the Kruse Company and the Center for Culinary Development in addition to firsthand examination of the retail marketplace. Secondary research involved gathering data from various trade, business and government sources, including company websites and Internet blogs.

What You’ll Get in This Report
Food Flavors and Ingredients Outlook 2011 highlights predictions for the key drivers that will affect the U.S. food and beverage industry in 2011 including rising food prices, consumer desire to take control and remain tight-fisted, actual vs. perceived thrift, government and industry pressure for a healthier diet and more focus on pragmatic lifestyle choices to promote happiness and well being.
This year’s report provides more coverage of health and wellness topics, primarily as a result of the new Dietary Guidelines for Americans 2010 and concern about dietary sodium and obesity. An insightful discussion of ten key trends impacting food and beverage manufacturers, retailers and foodservice operators sheds light on how these areas are likely to unfold in the coming year.

Benefits of This Report Include:
  • Comprehensive coverage of the food flavors and ingredients trends expected to impact consumer food and beverage choices in 2011 contained in a single source
  • Insight into how flavor and ingredient trends are moving through the retail and foodservice arenas
  • In-depth assessment of how consumers, manufacturers, retailers and foodservice operators are focusing ever more on freshness, healthy eating and value, with produce a key feature
  • Reference citations provided for secondary research sources throughout the report
Additional Information
Market Insights: A Selection From The Report
Flavors From Around the Globe
2010: Packaged Facts expected that Korean food would be the fastest growing Asian food while Japanese would continue to have a strong presence, especially in relation to udon and
other noodles, and the popularity of Vietnamese and Cambodian foods would rise, primarily the result of banh mi sandwiches. All types of Latin foods were expected to grow in
popularity, and French food was thought to become more commonplace following the release of the foodie film, Julie & Julia. It was anticipated that American Southern food would
become better established throughout the United States due to its strong nostalgic and comforting connotations.
2011: With the number of food trucks on the rise, Packaged Facts anticipates that there will be a wider assortment of ethnic food available with the specific skills and inclinations of
individual entrepreneurs driving local trends. Food trucks are expected to accelerate familiarity with the South American cuisines of Columbia, Brazil, Argentina, Peru and
Venezuela and those of specific regions of Mexico, including the Yucatan. In terms of Asian food, it is predicted that Japanese food will draw the most attention, especially with yakatori,
while Indian and Korean food continue to become better established. Already ubiquitous Greek food is likely to gain a greater presence at retail with hummus and yogurt while it is anticipated that Moroccan and Turkish food will gain recognition and an entirely new genre of Scandinavian cuisine could well create a culinary stir.

Wellness Overhaul
2010: Last year Packaged Facts predicted that health and wellness would get a lot of attention in anticipation of the Dietary Guidelines for Americans 2010 with sodium reduction being of primary interest. Concern about sugar intake and advertising of empty-calorie foods to children along with more FDA scrutiny of front-of-pack nutrition labels and health claims associated with probiotics was anticipated. Beverages to boost cognitive function and promote relaxation were predicted to gain consumer interest.
2011: One year later, Packaged Facts anticipates that food will get more attention as the foundation of health, and wellness activities will be better integrated into overall lifestyle. Continued focus on sodium reduction is expected to preoccupy packaged foods manufacturers while foodservice scrambles to offer menu items with fewer calories in time to comply with Obamacare legislation mandating its posting. Growing recognition that digestive health is a key link in promoting overall good health will help drive sales of yogurt and other foods containing probiotics, but gluten-free foods will likely show signs of slowing down after a year of unjustifiable, fad-like explosive growth.
Food Desert Showdown – Convenience vs. Drug Stores
Jeff Lenard, Vice President of communications for the National Association of Convenience Stores commented, “Food presents some opportunities. We’re looking to take the lead on providing healthier options in areas that are considered food deserts.” Packaged Facts believes that at least two challenges must be addressed: Creating the physical space in many convenience stores to display produce, and creating the desire on the part of residents to purchase and incorporate healthier foods, including fresh fruits and vegetables, into their diets. The price of fresh produce relative to other food options must also be taken into account along with the ability for these Americans to tap into government assistance programs where they shop for food.
Packaged Facts anticipates that drug stores will act more quickly and be more successful than convenience stores in exploiting the opportunity to address America’s food deserts. The nation’s largest drugstore chain, Walgreens, expanded the food sections of 10 Chicago stores in areas considered to be food deserts and they now contain more than 750 new food items…

Related Reports

Food Flavor and Ingredients Outlook 2010


Food Flavors and Ingredients Outlook 2009


Emerging Ingredients in Food and Drinks: Growth opportunities in flavors and formulation by product category


Gourmet, Specialty and Premium Foods, Beverages and Consumer Trends in the U.S., 8th Edition


Pet Food in the U.S. Health, Humanization and High Quality Ingredients in an Increasingly ValueDriven Global Market, 8th Edition


Switching to Natural Food and Drinks Ingredients: Emerging opportunities in wellbeing, functional and specialty ingredients


Lawn and Garden Products in the U.S., 8th Edition


Latino Shoppers: Demographic Patterns and Spending Trends among Hispanic Americans, 8th Edition


African-American Market in the U.S., 8th Edition, The


2011 U.S. Industry & Market Outlook