The briefing on the latest food developments
The trends and data you need to know about the industry
In numbers
720 million
The amount of eggs thrown away by Britons each year, wastage blamed on caution around best-before dates and changing diets.
Source: The Guardian
19.4%
The decline in food processor mergers & acquisitions last year, according to the Food Institute’s Food Business Mergers & Acquisitions report.
Source: The Food Institute
3.5%
The drop in US yoghurt sales by 2022 according to Mintel, Nielsen and Euromonitor data similarly shows sales beginning to plateau and decline.
Source: Eater
10%
China’s annual baking sector growth, fuelled largely by bread’s growing popularity.
Source: just-food
41%
The portion of products marketed to children in the UK as healthy snacks that a study found to be ‘less healthy’ than claimed.
Source: Nutra Ingredients
14.6 billion
The number of restaurant visits made by Gen Z in 2018, with the age group representing 10% of total food service traffic.
Source: Supermarket Perimeter
£12
billion
The UK-based Organic Trade Board’s goal for the UK organic industry; the group looks to ensure market growth in the face of Brexit.
Source: Natural Products Global
In the pipeline
Nestlé enters the plant-based burger competition
Nestlé is wading into the meat alternative market in a big way, launching their Incredible Burger in Europe with plans to release a similar product in the US (the American version will release as the Awesome Burger in autumn). 100% plant-based, the burger uses natural protein from soy and wheat and reportedly maintains the look of a burger with the help of natural plant extracts.
Source: FoodBev Media
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