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Consumers' Money And Health Concerns Will Help Drive Flavors And Ingredients Market In The US

January 11, 2011: 02:58 AM EST

Packaged Facts has published Food Flavors and Ingredients Outlook 2011, its eighth annual look at the future of the US food and beverage market. It shows that consumers’ budget and health concerns will remain major factors this year. Core trends include an increase in demand for ethnic flavors; local and organic being driven by sustainability; food as a cornerstone of health; an increased focus on fruit and vegetables; and a greater overlap between sweet and savory. It also expects honey partly to replace agave as a sweetener. Other key drivers include higher food prices, a new frugality, government pressure to improve diet, and a better lifestyle balance that enhances general well-being.

Press Release, Packaged Facts, "Health, Budget Concerns Will Drive Food Flavor and Ingredient Market in 2011", Marketwire, January 11, 2011, © Marketwire, Inc
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