Welcome to Quadra’s Food Ingredient Industry News & Updates Section! Follow trends, check out new products, and read articles & features relevant to the Food Ingredients sector. Check back often as this page updates frequently!
Innova Market Insights ranked “The Plant-Based Revolution” as the Number 2 Trend for 2020.
Plant-based eating has now moved from trend into the mainstream, with the proliferation of plant-based products in the Food and Beverage industry being driven by consumer interest in health, sustainability and ethics.
Global food and beverage launches with a plant-based claim have seen an average annual growth rate of 68% over the past five years, according to Innova Market Insights. Research from Innova also indicates that consumers largely prefer the claim of “plant-based” when purchasing meat or dairy alternatives, over “vegetarian” or “vegan” claims.
While this market has seen explosive growth, there are still wide-open opportunities for the industry to deliver more clean-label meat and dairy alternatives with improved nutritional profiles.