Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
WHAT’S NEXT: FOOD AND BEVERAGE TRENDS IMPACT INDUSTRY GROWTHPMMI, The Association for Packaging and Processing Technologies, addresses how changing consumer demands impact the food and beverage market. Concerns surrounding
health and wellness, the need for on-the-go packaging, and the environmental impact of the
modern supply chain are three influential trends reshaping the food and beverage industries.
BET TER-FOR-YOU FOODSOrganic food sales hit a new benchmark of $43.3 billion in 2015, up 11 percent from the previous year’s record.1
There has been a 25% increase in vegetarian claims and a 257% rise in vegan claims in global food and drink launches between September 2010 - August 2011 and September 2015 - August 2016.2
FOOD INDUSTRY TRENDSSNACKINGIncreasingly busy lifestyles are fueling growth in convenience foods and single-serve options.
The snack food segment is expected to outperform the food market as a whole with 3% growth in the US.3
257% ≤
25% ≤
VEGAN PRODUCTS VEGETARIAN PRODUCTS
SUSTAINABLE PROCESSINGRoughly one third, approximately 1.3 billion tons, of the food produced for global human consumption is wasted.4
Fortunately consumers are taking notice, with 80 percent agreeing that reducing food waste is as important as reducing packaging waste.5
SNACK FOOD SEGMENTFOOD MARKE T
BEVER AGE INDUSTRY TRENDS
2 .5% ≤
E X PEC TED RISE IN SHIPMEN T S OF BOT TLING LINE M ACHINERY BY 2020
58%USE NU TRITION A L DRINK A S ME A L REPL ACEMEN T
HE ALTH & WELLNESSCarbonated Soft Drinks (CSDs)
are on the decline as consumers
consider healthier beverage
options. Even zero-calorie CSDs
are dropping in consumption.6
Segments that are forecast for
strong growth include bottled
water, sports drinks and iced teas.6
Go to pmmi.org/research to access the PMMI State of the Industry 2016 report as well as other PMMI research used in this infographic.
Industry professionals can find the latest food and beverage processing solutions at ProFood Tech (April 4-6, 2017, McCormick Place, Chicago).
To register, visit: profoodtech.com
Northeastern manufacturers can also find the latest packaging trends at PACK EXPO East (Feb 27—Mar 1, 2017, Philadelphia, PA).
To register, visit: packexpoeast.com
They can also learn more at pmmi.org
1. Organic Trade Association’s 2016 Organic Industry Survey 2. Mintel – Food and Drink Trends 2017
3. PMMI Food Packaging Trends and Advances 2016 4. Food and Agricultural Organization of the United Nations
5. Mintel Food Packaging Trends - US - June 2016 6. PMMI State of the Industry Report 2016
ON-THE-GOPackaging containers for drinks are
shrinking as consumers reach for more
convenient and efficient packaging
suited for a more active lifestyle.6
58% of consumers currently
use nutritional drinks as a meal
replacement, which a majority
agree are more convenient than
whole foods.2
PET BOT TLESPET bottles continue to be a primary
solution for fast-growing beverage
products. Demands for improved
sustainability, reduced product
weight, and even aesthetics are
helping to drive usage.6
By 2020, the CAGR value of
shipments of bottling line
machinery is expected to rise
2.5% to $780 million from $690
million in 2015.6