According to a study conducted by ResearchAndMarkets, the global dairy market is growing at a CAGR of 5.3% and will achieve USD 593 billion growth by 2023. The Industry shows no signs of slowing down and has recorded 1.4% growth during the past 5 years. However, the dairy industry is not offering the same opportunities to all product categories. It favors some over the others.
For instance, the US market witnessed a steady decline in categories such as cheese, milk, and yogurt, while there had been tremendous growth in certain other kinds like Icelandic yogurt and lactose-reduced milk. The shift is due to more and more consumers choosing healthy and nutrient-rich products over the traditional high-fat ones. It looks like the only way to claim your share of the market is by filling the shelves with goodies the consumers are looking for.
Döhler is a global producer, marketer and provider of technology-driven natural ingredients, ingredient systems and integrated solutions for the food and beverage industry. The product portfolio of natural ingredients ranges from natural flavours, natural colours, health ingredients, pulses & cereal ingredients, dairy & plant-based ingredients, fermented ingredients, to dry fruit & vegetable ingredients.
Headquartered in Darmstadt, Germany, Döhler is active in over 130 countries and has more than 40 production sites. More than 7,000 dedicated employees provide our customers with fully integrated food & beverage solutions from concept to realisation.
Learn more about Döhler here.
The frozen food aisle is getting thronged by shoppers again. As more and more customers appreciate the convenience of frozen food, retailers acknowledge that the future of food lies in the freezer. Don’t just take our word for it. A joint study conducted by AFFI (the American Frozen Food Institute) and FMI (Food Marketing Institute) suggests that the food in the cold storage is making a strong come back to our dining tables.
According to the study, in 2018, the frozen food corner in the shops witnessed more purchases and retailers saw around +2.3% increase in units sold and +2.6% growth in revenue. The annual sales figure touched a whopping $57 billion as well.
Guess what’s the latest trend in the beauty industry? Here’s a clue - it is not microbiome skincare, make-believe make-up, smoky eyes or fluorescent creases. In fact, it has nothing to do with “beauty” at all. We are talking about the big leap cosmetic brands have taken to make their packaging sustainable and eco-friendly. As eco-conscious consumers expect to see green everywhere -from ingredients to process to packaging - manufacturers are coming up with innovative solutions.
People ring in the New Year on a ‘high’ note with one or more glasses of wine, bubbly, beer or cocktails. As soon as the celebrations are over, consumers are starting to kiss alcohol goodbye and plan for a healthy lifestyle. That’s where functional beverages and health drinks come to their aid and unsurprisingly, 2020 is predicted to be a fizzing year for such products. If you are a player in the global beverage industry, take note - clean, organic, healthy, natural, sustainable, and vegan are the buzzwords for this year. Here are some of the biggest beverage trends to watch in 2020.
It goes without saying that the French has quite a long and passionate love affair with dairy products. Brie, Camembert, Roquefort, Bleu d'Auvergne, Munster and Comté are some of most esteemed cheeses France has contributed to the world. However, the country’s love for dairy is not limited to cheese alone. Yogurt, crème, crème fraiche, butter or milk-based desserts, the French have a penchant for everything dairy. This means good news if you are a dairy supplier who is planning to take a plunge into the competitive French market. Here’s a quick and easy market guide to help you get started.
Gota means drop in Portuguese
Gota’s promise is that the most exquisite grapes, flavors and tradition of Portugal are in every drop of their wine. Located in Porto, Gota gathers the best treasures across the country and makes them available to the world. With each vineyard hand selected from the richest areas in Portugal, Gota offers their expertise and passion for traditional flavors and presents them in a modern way. Learn more about Gota here.
Just over a week ago, we rang in a new decade with lots of enthusiasm. If market experts and culinary researchers are to be believed, 2020 ushers in an exciting era for the food industry. While some of the trends from previous years will continue their momentum, the industry is expected to witness a new wave of trends as well in the coming months.
So what’s hot and big in 2020? Here’s a snapshot of some of the top trends the food industry will be buzzing about this year.
Not so long ago, the beauty industry was all about making consumers “fair” and “lovely”. Those days are gone and for good! The last few decades have witnessed path-breaking discussions on topics like gender, race, sustainability, health, environment, etc., and such concerns have naturally been translated into the beauty industry. Today, the focus of cosmetic companies is not on fair complexion but on playing it fair. From busting stereotypes of beauty to offering inclusive and eco-friendly products, they are spearheading many bold and welcoming trends.