As more people focus on health, the food and drink industry is feeling the push to make their products healthier. Experts agree that big changes are needed in how these foods are made and sold. In this article The Grocer highlights different ways companies are improving their products: https://bit.ly/4cCJWNz
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Whole Foods has quickly become one of the biggest food trends of 2024 (at least according to my Instagram 'For You' page). Could this be tied to the growing awareness of the risks linked to Ultra-Processed Foods (UPFs)? Insights from more reputable sources suggest this awareness is driving significant changes in consumer behavior, impacting UK grocers. These changes include increased health consciousness, a demand for ingredient transparency, shifts in product offerings, and heightened concern for sustainability and ethical practices. I'm curious to see how retailers will respond to these trends and whether they can strategically pivot to maintain customer loyalty. Find out more in the full article below. #capgeminigrocery #retailuk #consumerbehaviour
How could growing concerns over ‘Ultra-Processed Food’ impact UK grocers?
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This is an excellent policy proposal, and it was a real pleasure to work with the wonderfully talented Nesta team to assess the potential economic impact. It's a great example of the benefits of taking an outcomes-based approach to regulation - rather than looking to set rules for businesses. Regulators and governments can never be as good as the retailers themselves in working out what works for their customers. A target to improve the overall healthiness of food sales by the largest retailers looks like a very effective way of addressing obesity, as well as improving diets generally (given how much we rely on the big supermarkets for the food we eat). My assessment of the policy strongly suggests that the costs of implementing the policy to business should not be large (especially when compared to the potential benefits to be gained); and the impact on consumers should also be minimal. In a competitive market, supermarkets will look for ways of meeting the target that will be best-received by their customers, both in terms of the cost as well as the composition of their shopping basket. My economic assessment of the policy is contained in Nesta's briefing pack.
📢 NEW: Mandatory health food targets for the UK’s biggest food retailers could help 4 million people move to a healthier weight, finds a new policy report published today by Nesta, backed by consumer champion Which? The policy is designed to incentivise the UK’s 11 largest food retailers – who make up 95% of the market – to offer healthier food options, discouraging business models that rely on pushing people to fatty foods and sugary snacks. Small changes to what’s marketed, stocked and promoted could have far-reaching benefits for health in the UK. Over time it could reduce obesity by around 23% and save around £20 billion per year. Mandatory targets shift responsibility from the consumers to retailers and the food system. Economic analysis shows that the policy should not increase the cost of a weekly shop for hard-pressed consumers. Under the policy, government will set a target healthiness score and retailers are free to choose how they meet it – 9 of the 11 largest food retailers are already close to the target. Nesta's healthy life mission director Hugo Harper says it will be a 'massive win for public health' if we can incentivise retailers to work with us to make food healthier. Read our policy proposal on implementing mandatory health targets for large grocery retailers ➡️ https://bit.ly/3SVTOtn
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📢 NEW: Mandatory health food targets for the UK’s biggest food retailers could help 4 million people move to a healthier weight, finds a new policy report published today by Nesta, backed by consumer champion Which? The policy is designed to incentivise the UK’s 11 largest food retailers – who make up 95% of the market – to offer healthier food options, discouraging business models that rely on pushing people to fatty foods and sugary snacks. Small changes to what’s marketed, stocked and promoted could have far-reaching benefits for health in the UK. Over time it could reduce obesity by around 23% and save around £20 billion per year. Mandatory targets shift responsibility from the consumers to retailers and the food system. Economic analysis shows that the policy should not increase the cost of a weekly shop for hard-pressed consumers. Under the policy, government will set a target healthiness score and retailers are free to choose how they meet it – 9 of the 11 largest food retailers are already close to the target. Nesta's healthy life mission director Hugo Harper says it will be a 'massive win for public health' if we can incentivise retailers to work with us to make food healthier. Read our policy proposal on implementing mandatory health targets for large grocery retailers ➡️ https://bit.ly/3SVTOtn
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The "no compromise" consumer attitude is reshaping the food industry! 🌱✨ Today's shoppers demand that their "better-for-you" options also deliver on taste, driving significant changes in food ingredients markets. As health consciousness rises, taste remains a non-negotiable factor. This shift is prompting manufacturers to innovate around ingredients that can deliver both health benefits and satisfying flavours. https://lnkd.in/gh-iVwNU #FoodTrends #HealthyEating #ConsumerDemands
Consumers seeking better-for-you options to drive the food ingredients market: report
fooddive.com
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📢 It is great to see that New Zealand continues to make a strong contribution to the US dairy market. The USA is Fonterra’s 4th largest market by value. 🥛 Fonterra recently highlighted its impact in the US market, in particular, by supplying dairy ingredients for ready-to-drink protein beverages. Fonterra supplies specialty proteins to leading US brands like Premier Nutrition: The Good Energy People, whose Premier Protein is the top brand in the US ready-to-drink category. Richard Allen, President Atlantic at Fonterra, emphasizes the strategic importance of the US as the Co-op’s fourth largest market by value, showcasing New Zealand milk, sustainability, and innovation. Fonterra's US operations span three channels: Ingredients, Foodservice, and Consumer, catering to a diverse customer base from start-ups to global FMCGs and partnerships with companies like Mars and Ancient Organics illustrate Fonterra's collaboration in developing and supplying dairy ingredients for popular products and organic innovations in the US market. You can read the full story on their website: https://lnkd.in/g-uEfXZK #Global #Innovation #Nutrition #NZUSCouncil #Fonterra #PremierProtein #Sustainability #Dairy #Milk #Sustainability #HealthAndWellness #BilateralTrade #NewZealand #UnitedStates
USA, the land of opportunity
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Transform your decision-making with our latest ITC Insight Reports! 📊✨ 🔍 Dive into trusted data analysis and insights across the health ingredients space. Our 2023 reports cover categories such as Consumer Supplement Users, Functional Food and Beverage Consumers, and more. 💡 Unlock the power of data-driven insights and stay ahead in the industry. Ready to elevate your strategies? Contact us to learn more about our offerings or click the link below to purchase a report. 🔗 https://lnkd.in/g5XwHVgf #ITCInsights #ConsumerInsights #Supplements #FunctionalFoods #SupplementConsumers #PetSupplements
Purchase ITC Insight Reports
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Functional CPG Strategist | Your CEO's Favorite Content Creator | Backwards Hat Wearing Rust Belt Native | Commerce Nerd | Entrepreneurial Ideation to Commercialization Expert | Early-Stage Investor | Futurist |
Could a beverage invention that's older than the United States itself really be causing night terrors to the CEOs of beverage conglomerates like The Coca-Cola Company, PepsiCo, Keurig Dr Pepper Inc., AB InBev, Molson Coors Beverage Company, and Constellation Brands? Today, around two-thirds of U.S. adults experience regular digestive symptoms like gas, bloating, and abdominal pain. And what does every internet list suggest (lifestyle change wise) if you want to help control digestive symptoms? The avoidance of carbonation in soft drinks and beer! So, it got me thinking... How long before the newest “trend” in beverages is calling out carbonation levels on packaging (and within marketing communications)? #strategy #trends #markets #fmcg #cpg #beverages #guthealth #health #beer #wellness #nutrition #innovation #marketing #branding #packaging #productdevelopment #retailing #merchandising #retail #grocery #business #businessintelligence #entrepreneurship
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The latest SKU Society Category Breakdown is on Frozen Foods ❄️🧊🥶 With a reputation of being boring, safe and lacking innovation - the category is undergoing a resurgence! 📈 Producers are responding to shifting demands, with an increasing number of innovative options that meet the changing consumer preferences on nutrition, ingredients and taste. Who else is pushing the boundaries in the Frozen Food category? We'd love to know! Tag your brand or your go-to brands below. #SKUsociety #cpg #MarketInsights #FrozenFoods
🧊 Frozen Foods: Beyond Boring? Dive into the realm of frozen foods and discover a category on the rise! 🚀 From $242.5bn globally in 2022 to a forecasted $312.2bn by 2028, innovation, sustainability, and value are fuelling the surge 📈 What's driving this resurgence? Find out more at SKU Society... 🔗 https://lnkd.in/euzQKbyP Here are just a few of the players from around the world within the Frozen category... - Must Love, USA - Little Moons, UK - Wholly Veggie, Canada - Let it V Foods, Spain - Phil's Finest, USA - NORTHERN BL°C, UK - Pink Albatross - by Rethink Foods Co, Spain - THIS™, UK - Juit, Germany Who else is pushing the boundaries in the Frozen Food category? We'd love to know! Tag your brand or your go-to brands below. #SKUsociety #cpg #MarketInsights #FrozenFoods
Frozen Foods - innovation, sustainability and value are fueling the surge!
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Most food manufacturers and retailers are working towards their own health targets, whether that’s reducing the proportion of their sales from HFSS foods or limiting portion sizes. 🍏 But as Britain grapples with an obesity crisis and increasing research links ultra-processed foods to chronic illnesses, is the food and beverage industry working quickly enough to make a positive impact on public health? 👩⚕️ I asked Caroline Cerny, Zoe Davies (ANutr), Mark Wijne and Ali Morpeth (RNutr) to share their thoughts on what manufacturers and retailers could do to better support healthy eating. Here's what they had to say in The Grocer:
How manufactured food and drink can be healthier – the experts wade in
thegrocer.co.uk
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