As effects from the pandemic and supply chain issues stretch into yet another year, the food and beverage trends that are set to define 2023 are evolving but a definite storyline focusing on continued volatility, a focus on sustainability and technology are playing a huge part in the trends we see.
Many of these ideas are highlighted in a series of analyst interviews, where Food Dive reporters uncovered seven major trends that will influence the direction and pace of growth in the industry. The year began with a focus on giving consumers what they want, from RTD cocktails to tech-enabled products to sustainability to better labeling. New technologies and new ideas will bring that consumer focus to light in new ways this year.
This series takes a close look at key conditions and developments shaping the food and beverage space in the year ahead, including:
CPGs are bracing for more volatility in 2023. After a year of rising inflation, war and supply chain disruptions, companies are taking steps to prepare their operations to weather a period of prolonged uncertainty.
The rise of food in sustainability policy. Policymakers are starting to connect the dots between the sector — which represents roughly a third of all emissions — and climate change. But traditional ideas about food are hard to change.
Food companies say they can reduce their emissions, but experts are skeptical. Academics and environmental groups say CPGs’ reliance on regenerative agriculture and carbon credits may not be enough to realistically hit their time-based goals.
These stories examining this year’s biggest trends offer a road map for CPG manufacturers to navigate much of what will be a fascinating year in food.