Food Industry Trends and Consumer Preferences: A Comprehensive Analysis
Explore the key trends in the food industry, including consumer demands for convenience, healthy foods, and sustainability. Dive into consumer perspectives emphasizing transparency, recognizable ingredients, and minimal processing. Learn about the impact of government policies on environmental, labor, and nutrition regulations. Join the discussion on how these trends shape the industry and which ones you follow or believe might fade away.
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Presentation Transcript
Key Trends Sophisticated consumers want: Convenience Healthy foods Locally grown or fresh foods Minimally or traditionally processed Foods they enjoy
Consumer Perspectives Consumers are looking for Shortest ingredient list Recognizable ingredients Minimally processed Nothing artificial No chemicals Transparency
Sustainability Sustainability: More prevalent in consumer s attitudes and lifestyles Environmental sustainability: Consumers look for manufacturers to be good stewards of the environment Conserving natural resources, green , carbon footprint, responsible farming Food waste coming under scrutiny Consumers looking for companies that try to minimize waste (including packaging) Economic sustainability Ability to last overtime Support the local economy Provide good wages Social sustainability Employment and hiring practices Cares about community Animal welfare
Key Trends Government policies and regulations Environment Labor laws Nutrition guidelines Regulatory mandates Sugar tax Labeling GMO labeling, partially hydrogenated oils, added sugars
Discussion Were any of these trends addressed as problems in the case studies? Which trends do you follow? Why? Which trends do you not follow? Why? Are there trends that you think will go away?
