Global Intelligence in Food Vol 01 No 02
Key Themes:
Alternative Protein Boom: The alternative protein market is experiencing rapid growth in Europe, fuelled by significant investments. This is creating numerous job opportunities and establishing Europe as a leader in sustainable food production. (Source: €8.1bn and 25,000 UK jobs predicted from alt-protein boom in Europe)
Sustainability in Packaging: Companies are actively pursuing sustainable packaging solutions. Sainsbury's is vacuum-packing lamb mince to reduce plastic usage, while startups are exploring innovative materials like onion skins and plant-based polymers. (Source: Sainsbury’s becomes first major UK retailer to vacuum pack all lamb mince, Scottish startup develops sustainable packaging using onion skins, US FDA greenlights Avantium’s plant-based polymer in food-safe packaging)
Focus on Health and Wellness: Consumer demand for healthier food choices is driving product innovation, with a particular emphasis on functional foods, gut health, healthy ageing, sugar reduction, and intermittent fasting. (Source: 5 Health and Wellness Trends to Watch in 2025)
Inflation and Consumer Spending: Rising food prices are impacting consumer behaviour, leading to smaller gains in the retail grocery market and a shift towards food away from home. (Source: US Retail grocery market will only post small gain this year, U.S. Consumers Increased Spending on Food Away From Home in 2023, Driving Overall Food Spending Growth)
Artificial Intelligence in Food Tech: AI is playing a significant role in product development, from identifying novel ingredients to detecting food spoilage. (Source: How AI Is Revolutionizing Product Development, AI-based electronic tongue to advance food safety by detecting fruit juice and milk spoilage)