In this article, FoodNavigator looked at the five mega-trends that are set to influence the future of innovation in the food sector.
The top trend is the emergence start-ups and local players that are increasingly setting the pace of innovation. Big food companies are watching closely…
The rise of health conscious consumers looking for healthy indulgence, functionally beneficial ingredients and ‘food as medicine’ will also shape new product development.
Healthy reformulation to cut sugar, salt and fat as well as more investment in flexitarian, plant-based and meat reduced products will also continue.
Finally, the way we produce, process, buy and even eat food will be increasingly influenced by technology. From blockchain to artificial intelligence, e-commerce to satellite tracking of commodities, foodtech is here to stay, analysts predict.