Taylor Farms’ Post

With 62% of consumers snacking at least once a day—and half of consumers stating they want healthy options—it’s important we keep pushing the needle to create new snacking experiences that are unique, nutritious, and craveable. More snacking insights: https://lnkd.in/gUEQ48YC #foodtech #foodberry #foodscience #snacks #foodinnovation #foodstartup #bostontech

American's love for on-the-go snacks has reached new heights, especially post-pandemic. From smoothies to grab-and-go treats, snack-centric concepts are thriving in this new era. According to a recent survey by Global Data, 43% of consumers now snack daily or several times a week. As the trend grows, chains are innovating to cater to these snack-savvy consumers, offering fresh, convenient, and irresistible options. How is your business tapping into the snacking surge? #MenuTrends #FoodTrends #RestaurantInnovation #ConsumerPreferences

Despite higher prices and inflation, people are not wavering for their love of snacking. But some preferences are changing. Several of these food giants, including PepsiCo, Mondelēz and Hershey, among others, are turning to smaller pack sizes, better-for-you ingredients and new flavors to meet changing consumer needs and strengthen their dominant presences in the multi-billion category. With nearly 90% of consumers around the globe concerned about inflation, according to Mondelēz, many shoppers have changed what products they purchase, how often and where. While no food category appears to be immune, there is at least some evidence that snacking may be somewhat buffered. Snacking is a daily staple as 71% of people around the world snack at least twice a day, the company found, with consumers doing it more during breakfast, lunch and dinner last year compared to 2020. Finally, Mondelēz noted that nearly 80% of consumers surveyed said “these days, it’s more important than ever to have moments of indulgence in the day.” With many consumers facing hardships, the need for a satisfying treat could further benefit snack makers such as Mondelēz, Hershey and Campbell Soup. What is your favorite go-to snack? Mine is mini cheddar rice cakes. #grocery #groceryindustry #cpgfood #cpg #snackcategory #cateogryinsights #consumerinsights

With snacking patterns intensifying in frequency and variability, there's an observable shift towards intentional selection with portion control. Transitioning to the conscious approach of mindful snacking, consumers are placing an importance on portion control. Quality over quantity, taste paired with health benefits allows snackers to indulge without the guilt. According to the recent Mondelēz International Fifth Annual State of Snacking report, portion size, sustainability in ingredient sourcing and product packaging are influencing consumer buying decisions. Consumers are looking for brands that minimize environmental impact, prioritize local ingredients, and have less plastic packaging. The report also shows a rise in plant-based snacks. The snacking trend we found fascinating is the desire to try novel tastes and texture combinations through snacking. FoodNavigator calls this the adventure seeking trend, where snacking becomes more of an experience than a quick fuel-up. What implications do these findings have for the snacking industry? We think this pivot necessitates innovation in product offerings and marketing strategies. We'd love to hear your thoughts! 🔗 Food Navigator's article "As Snacking Becomes More 'Purposeful', Portion Control Becomes Key: https://hubs.li/Q02t8k480 🔗 Mondelez's Fifth Annual State of Snacking Report: https://hubs.li/Q02t8p4v0 🏷️ JPG Resources - Food & Beverage Innovation 👥Jeff Grogg, D'Anne Hayman, Julie Suntrup, Aimee Leigh Davis, Ruth Halpern, Business Development Lead/Creative Coach, Marc Halperin #FoodandBeverage #CPGIndustry #PortionControl #MindfulSnacking

More consumers are integrating their favorite snack products into meals, whether it's because of a yearning for a specific snack, or being too busy to cook. But this year, more than ever, snacking will be centered on the importance of purpose, protein, and packing a punch. A caveat though is that 74% of consumers refuse to sacrifice taste when it comes to their snacks. At Silva, we aim to provide the highest quality dehydrated ingredients that can feature in any kind of snack product. What's your favorite snack? #snack #snacking #2024trends #protein #howgoodforyougetsdone

Revamp Your Snack Marketing in 2024! 🚀 Discover how snacking habits in #Indonesia & #Malaysia are evolving with NEUROSENSUM’s latest report. Backed by 400 surveys in each country, this report is packed with data-driven #insights to help you stay ahead of the game. 🔑 Key Highlights: ▪ Rise of snackification ▪ Post-pandemic snacking shifts ▪ The power of DIY snacking trends ▪ Functional snacks that consumers love, and more Curious for more details? Download the FREE report now via this LINK 👇 https://lnkd.in/gg4TeiWs #SnackingRevolution #HealthTrends #NeurosensumInsights #PersonalizedSnacks #FoodInnovation #HealthySnacks #FoodInnovation #NeurosensumReport #LeadTheSnackPack #MarketLeaders #Neurosensum2024 #HealthySnacking #Snackification #FoodInnovation #HealthTrends #Indonesia #Malaysia

Consumers add more between-meal snacking occasions Consumers are snacking more than ever, according to a new report by The NPD Group. The report shows that the number of snacking occasions per capita in the US increased to 530 in 2020 from 505 in 2015. Snacking follows a daily pattern, with better-for-you snacks like fruit and yogurt being popular in the morning, savory snacks like potato chips and tortilla chips at lunch, and more sweets like chocolate candy and cookies in the evening. Top motivators for choosing snack foods include taste, satiety, being a favorite, and easy-to-eat. The pandemic accelerated the trend, with 37% of consumers saying having sufficient snack foods on hand was important. Food and snack marketers have endless opportunities to tap into this trend, says Darren Seifer, food and beverage industry analyst at The NPD Group.

While people are still snacking at record high frequencies, innovation is vital in the impulse-driven snack market. Consumers are looking for functional ingredients to address health-and-wellness trends; snacks that allow them to indulge—but often in single-serve formats; and, flavors that are either exotic and adventurous or bring a sense of nostalgia. One example: Partners is rolling out sourdough-style flatbreads for in-store bakery/delis that come in Rosemary, Garlic Herb, and Sea Salt varieties with a clean ingredient label that reinforces the homemade, back-to-basics focus on the ingredients. By tapping into people’s impulses for new, exciting flavors, the snack market will regain the momentum that drove it to expanding heights in recent years. #snacks #snacking #productinnovation #functionalingredients #healthandwellness #flavorinnovation #howgoodforyougetsdone

71% of consumers #snack at least twice a day, and 92% say they replace at least one meal a week with a snack. Here are three #SnackFood industry strategies for 2024 and beyond that #snacking companies can use to capitalize on market opportunity: https://lnkd.in/eNYXKVRy

The fifth annual U.S. Snack Index has confirmed what many individuals have been feeling – there are simply not enough hours in the day. A lack of time to prepare, eat and enjoy meals – especially among parents and younger generations – will blur the once-clear line between “snacks” and “meals” in 2024. Frito-Lay PepsiCo Denise Lefebvre #quaker #quakeroatscompany #ussnackindex #snackingtrends #unitedstatesofamerica #highenergysnacks #taste #protein #highproteinsnacks #snackproducts #snacks #food #meals #2024snackingtrends #foodindustry