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Home » Topics » 2023 Food and Beverage Trends

2023 Food and Beverage Trends
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The newest consumer and market trends new product developers in the food and beverage industry need to know for 2023.

ARTICLES

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Gen Z Poised to Change the Face of Food

Accounting for 20.67% of US consumers and nearly one-third of the global population, Gen Z’s economic power is the fastest growing across all generations
February 15, 2023

Gen Z is the most racially and ethnically diverse generation, too. According to Pew Research, Gen Z represents the leading edge of the country’s changing racial and ethnic makeup – with 52% non-Hispanic White, 25% Hispanic, 14% Black, 6% Asian and 5% a different race or two or more races. The US Census Bureau projects that by 2026, the majority of this generation will be non-White.


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Regenerative Agriculture, FDA Standards and Organic Product Innovation

Organic food and beverage innovation evolves with new approaches to R&D, marketing and trade association support
February 15, 2023

Seeing an opportunity to help improve public health through food, Kellogg petitioned the FDA to review fortification regulations for cereals and grain-based bars with Vitamin D, a nutrient of concern among Americans.


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Upcycled Ingredients Star in New Wave of Finished Foods and Drinks

Food and beverage product launches with a food waste and/or upcycling claim experienced 52% average annual growth between 2017 and 2021
Lu Ann Williams
February 15, 2023

Wasted food is a major drain on business and on the planet. Shelf Engine, a perishable food forecasting specialist, estimates that supermarkets alone discard more than 43 billion pounds of food each year and that excessive food waste costs the grocery industry more than $50 billion in lost profits annually. 


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MyForest Foods Increases Production, Prepares to Enter Beef Market

With 32 retail partners across New York and New England, MyForest Foods anticipates further acceleration following its sustained market growth, new product offerings and first successful production harvest with Whitecrest Mushrooms Ltd.
February 13, 2023

To support the expanded product availability, MyForest Foods also announced its first successful harvest production with Whitecrest Mushrooms Ltd., based in Ontario, Canada, who scaled operations one year after announcing their initial trial partnership.


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2023 Global Packaging Trends

Mintel explores the macro-environmental factors impacting the packaging industry
February 10, 2023

Economic uncertainty and the associated rising cost of goods have forced consumers to rethink budgets and discretionary spending. Across categories, brands are tapping messaging, technology, and retail strategies to show consumers how packaging can stretch a budget.


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Beyond 2023: Sustainability, Sustenance, and Sex

Product development company and ingredient supplier, Imbibe, sheds light on near-future trends
February 7, 2023

Without giving away too much of the content, here are some of the hottest trends you should be paying attention to if you plan on launching a food, beverage, or supplement in the next five years.


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Almond Ingredients Address Top 10 Trends for 2023

California almonds can be a key ingredient to help product innovators adapt to the future
February 7, 2023

Five key 2023 trends from Innova Market Insights present opportunities for almonds, as an accessible, sustainable, and nutritious plant-based ingredient, to play a valuable role in keeping up with consumer and market demands.


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Plant Based Foods and Beverages Become Kitchen Staples, Foodservice Ingredient Options

Approximately 25 million consumers eat plant-based foods and beverages "occasionally" or "regularly," as part of a meal or as an ingredient
February 3, 2023

When it comes to eating plant-based foods, consumers are definite in which types of plant-based beverages and food they want to eat at home and which they eat from a restaurant or foodservice outlet.


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Five Foodservice Trends for 2023

Chef group suggests flavors, trends and styles set to impact foodservice menus in the coming year
February 1, 2023

Pastry chef Gemma Matsuyama sees Asian flavors like ube and matcha gaining ground in 2023. “I love the interest in Asian flavors like ube because, while a humble ingredient, it has such a strong flavor personality. Ube, much like purple sweet potato, is naturally sweet and has notes of vanilla so it works well in desserts like cakes and ice creams.”


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Food and Beverage Industry Trends

2023 Consumer Products Industry Outlook

New report identifies key challenges in the year ahead as well as how companies pursuing profitable growth are differentiating themselves for continued success
January 25, 2023

The consumer products sector is entering 2023 with both optimism regarding financial performance and concern over ongoing disruption, according to Deloitte’s 2023 Consumer Products Industry Outlook.


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Five Foodservice Trends for 2023

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Culinologists Meet Challenges of Bringing Plant-Based Product Development to the Next Level

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Events

February 23, 2023

Cognitive Support: The New Frontier of Well-Being

Consumers are actively seeking everything from enhanced focus and better information processing, to reduced stress, improved mood, faster learning, effective memory, better adaptability, and enhanced multitasking. This session will review the science behind these ingredients and how they can be added to your formulations to tap into the cognitive support wave.

March 30, 2023

Plant-Based Foods + Beverages: What’s New? What’s Next?

Remember a child’s kaleidoscope? You put your eye to a cylinder fitted inside with angled mirrors and—as soon as you twist the end of the cylinder—there’s a changing pattern with the shifting of small pieces of colored glass. That’s also something of an apt description for the plant-based food and beverage market, which continues to capture attention as it grows and shifts.

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