The experts within our Food & Beverage Group maintain ongoing contact with a wide range of knowledgeable sources to stay abreast of the issues and trends that could impact the industry’s M&A climate or otherwise influence our clients’ businesses. Following are a few of the topics addressed in our most recent Food & Beverage Review, which is published quarterly.
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FOOD & BEVERAGE REVIEW (2008: Q1) (View complete report)
Flavors Influencing Demand
Taste, convenience and health continue to be the primary drivers of food choices. In 2008, growing popularity of ethnic food is expected to drive demand for food flavors. Greek, Lasian (Latin and Asian fusion), Korean, Cuban and Japanese food are expected to become more mainstream. In 2008, “sensory irritants” like peppercorns that stimulate aging Baby Boomers' palates are expected to become increasing popular. Flavors crossing categories will be popular as well, with coffee, pomegranate and wasabi leading the way. Drinkable and bite-sized desserts, and cheese as a dessert are among those predicted to be the next fads. (Source: Packaged Facts, 2008)
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