Alcohol-free is quickly changing from a pocket segment to one to watch. Join us as we examine the alcohol-free market and tap into insights about creating an enjoyable alcohol-free product without compromising taste, novelty, or drinking experience.
Free From Alcohol, Full Of Flavor (Video)
Topics: Innovation Flavors for Food and Beverage NPD Solutions
6 min read
TTB Approved Ingredients: What You Need to Know
What does every brewer or distiller interested in commercializing flavored alcoholic beverages for the U.S. market have in common? They need federal government approval of their beverage formulas. So, whether you’re an R&D team creating innovative flavors for a beer brand, or a start-up with a fresh take on hard seltzer, you’ll soon need to connect with the TTB.
Topics: Alcoholic Beverages Flavors for Food and Beverage NPD Product Development TTB Approved Ingredients
4 min read
Building Baby Boomer Brand Loyalty in Food and Beverage
Have you considered how your food or beverage brand is engaging with older consumers? The 58- to 76-year-old generation makes up the second-largest population group in the U.S. with an estimated 71.6 million people.
Born between 1946 and 1964, Baby Boomers grew up amid a wide range of pivotal cultural and political events including the Vietnam War, the Cold War era, the Civil Rights Movement, and the moon landing. Many Boomers inherited the idea of the postwar American dream from their parents and were raised to value hard work and family relationships. Boomers benefited from the postwar economic boom and have since become the wealthiest generation. Deloitte estimates Boomers control around 70% of all disposable income, around $53 trillion, in the U.S. And as many Baby Boomers enjoy retirement or prepare to exit the workforce, their spending habits with disposable income are bound to shift.
Let’s explore a few characteristics of this generation and the ways food and beverage brands can engage and create connections.
Topics: Innovation Flavors for Food and Beverage NPD Product Development Solutions
6 min read
Delivering Gut Health Through Foods and Beverages
Concerns about health and wellness aren’t new, but people are moving beyond cleanse diets and HIIT programs to develop more comprehensive perspectives about their well-being. Wellness does remain at the forefront of priorities worldwide. McKinsey recently reported that 80% of people across 6 countries cite wellness as important, with more than 4 in 10 ranking it as a top priority. Accenture’s 2022 survey of 11,000 consumers across 16 countries reveals 80% plan to increase spending on health and fitness in 2023. And for health-conscious people, wellness extends beyond diet and exercise into many facets of holistic health.
Topics: Innovation Flavors for Food and Beverage NPD Product Development Solutions
The 12 Days of Flavor
Welcome to the 12 Days of Flavor. Take a few minutes to walk through (or sing along with) our seasonal flavor journey, filled with the tastes everyone on your team enjoys during the holidays. From gingerbread to peppermint, flavors can sweeten the holidays and create joyful memories.
Topics: Limited Time Offer Innovation Flavors for Food and Beverage NPD Product Development Solutions
1 min read
Webcast: Free from Alcohol, Full of Flavor
People reach for non-alcoholic adult beverages for many reasons, including healthfulness, personal preference, lifestyle restrictions, and more. What was once a small pocket segment is now expanding to the mainstream. In fact, 58% of people are drinking more non-alcoholic and low-ABV cocktails than a year ago (2022 Bacardi Cocktail Trends Report, Global).
Topics: Alcoholic Beverages Innovation Flavors for Food and Beverage NPD Product Development Solutions Beverage
Food & Beverage Market Trends for 2023 (Video)
Despite a tumultuous few years (and more uncertainty on the horizon), the FlavorSum team is looking optimistically to 2023 and identifying new ways to create enjoyable flavor experiences. Dive into our 2023 predictions to discover how your brand can stand out in the food and beverage space in the new year!
Topics: Innovation Flavors for Food and Beverage NPD Solutions
5 min read
Creating Lasting Connections with Gen Z through Food and Beverage
How is your food or beverage brand engaging with Generation Z? If you haven’t considered Gen Z yet, now is the time to create lasting connections with the highly diverse generation. Though the current Gen Z population is young, (between 10-25 years old), their influence and buying power is growing rapidly. According to Mintel, Gen Z represents 24% of the population and is forecast to have a combined global income of $33tn by 2025.
Topics: Innovation Flavors for Food and Beverage NPD Product Development Solutions
1 min read
Achieving Success in Functional Beverages (Video)
In 2020, the US functional beverage market was valued at $48.4b and is forecast to grow at a 6.6% compounded annual growth rate (CAGR) through 2025 to reach $67b. With this fast-paced trajectory comes a significant opportunity for brand innovation. Let’s explore functional beverage trends and how thinking through your goals and formulating process can set you up for a successful launch!
Topics: Innovation Flavors for Food and Beverage NPD Solutions
6 min read
Food & Beverage Market Trends for 2023: Part 2: Flavors Deep Dive
Despite a tumultuous few years (and more uncertainty on the horizon), the FlavorSum team is looking optimistically to 2023 and identifying new ways to create enjoyable flavor experiences. Our predictions for the new year feature flavors that target health to experience-driven tastes (and everything in-between). We expect some carry-over from 2022, but we are enthusiastic about opportunities to connect with people through innovative flavors. Explore our 2023 flavor predictions to discover how your brand can stand out in the food and beverage space in the new year!
