From a renewed emphasis on supply chain transparency to the rise of plant-based proteins, 2021 promised sweeping changes to the CPG business as the world’s economies sought to bounce back from a year lost to a global pandemic.
From supply chain transparency to all things plant-based, we've compiled a list of food, beverage, and dietary supplement trends shaping product innovation in 2021.
As consumers spent more time at home during the pandemic, snack sales grew 8%. An NPD Group survey found 35% of consumers wanted enough snack foods on hand during quarantine, with a preference for salty snacks and frozen sweets.
Managing compliance for ingredients, suppliers, label claims, and so much more can be a bottleneck to accelerating formulation and bringing new products to market quickly.
Shifting regulations, evolving preferences, and disrupted supply chains have made it harder for companies to innovate.