Top Trends in Snacking from Around the Globe - Bord … Trends in Snacking from Around the Globe...

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Top Trends in Snacking from Around the Globe March 3, 2014 Bord Bia Insights Session on Snacking Melanie Felgate Food & Drink Analyst

Transcript of Top Trends in Snacking from Around the Globe - Bord … Trends in Snacking from Around the Globe...

Top Trends in Snacking from

Around the Globe

March 3, 2014

Bord Bia Insights Session on Snacking

Melanie Felgate Food & Drink Analyst

Agenda

About Datamonitor

Consumer snacking insights

Top innovation trends in snacks

Summary

Datamonitor: consumer and innovation experts

Consumer

Insight

Real insight on

real consumers

Innovation

Tracking

Uncover new trends in

products and

packaging

Market

Assessment

Identify new hot spots

in the marketplace

Agenda

About Datamonitor

Consumer snacking insights

Top innovation trends in snacks

Summary

There is an “unhealthy” stigma attached to snacking

Source: Datamonitor’s Consumer Survey 2013

47% of consumers believe

snacking in-between

meals is unhealthy

45%

45%

49%

54%

18-34

35-54

45-64

65+

Snacking plays a role in weight management

Source: Datamonitor’s Consumer Survey 2013; Data shows the top 5 things consumers are doing to either lose or gain weight.

Top 5 things consumers are doing to….

Lose weight Gain weight

Eating larger portions 41%

Eating more meals 41%

Snacking more 35%

Specific dietary plan (e.g. high fat) 27%

Gym-based body building regime 26%

Exercising more 60%

Eating smaller portions 52%

Healthier meal plan 52%

Snacking less 50%

Eating natural/ less processed foods 27%

Consumers are trying to snack more healthily

Source: Datamonitor’s Consumer Survey 2013

Consumers who choose healthy snacks in-between meals most or

all of the time

50%

39%

Females are more

likely to snack healthily

High income Low income

…. and high earners

48%

43%

Japan 16%

Top 3 markets

India 68%

UAE 59%

Canada 58%

Healthy snacks by subscription

Graze currently

ships an estimated

300,000 snack

boxes each week in

the UK

Graze combines guilt-free snacking with convenience

Agenda

About Datamonitor

Consumer snacking insights

Top innovation trends in snacks

Summary

Top Trends in Snacks

1.Wake Up!

2.Pop go the chips

3.Drinkable snacks

4.Alterna-Chips

5.Novelty

6.Man Up!

#1: Wake Up!

WHAT? • Caffeine and other energizing

ingredients are being added to snacks, confectionary & gum

• Broaden the energy market beyond drinks.

• More portable than drinks. WHY?

• Potential to “mainstream” energy enhancement beyond core users of energy drinks

TAKE-

OUT?

Energizing snacks appeal to the mid-afternoon slump

Source: Datamonitor’s Australia Survey 2011

Consumers who snack to boost energy, by day part

(Australia only)

Morning Afternoon Evening

17% 38% 39%

Energizing Snacks

Snacks positioned as a coffee alternative

Source: awakebar.com; buzzstrong.com; energems.net

Awake bar – "Same

amount of coffee as a

cup o' Joe or 250ml

energy drink."

Buzz Strong's "real

coffee" cookie – "1

Cookie = 1 cup of

coffee."

Energems – "3

gems = 1 cup of

coffee."

Health concerns pose a barrier to caffeinated snacks

Wrigley launched Alert

Energy Caffeine Gum in

April 2013

1 stick of gum equivalent to

caffeine in ½ cup coffee

Pulled from shelves weeks

later amid safety-concerns

#2: Pop go the Chips!

Take-

Out

WHAT? • Air popped potato chips offering a

healthier alternative to fried or baked crisps

• Popped chips have the crunch of fried crisps, with fewer calories and fat. WHY?

• Air popping is revolutionising snacking from potato chips to tortilla chips & beyond

TAKE-

OUT?

PopChips: the brand that started it

“Less guilt, more pleasure”

Applied rice cake

manufacturing process to

potatoes

Less than half the fat of fried

crisps

Over $93m sales in 2012

11% of savory

snacks launched

globally in 2013 were

“popped”

Brands are capitalizing on PopChips success

Poptillas popped tortilla

chips

Popping is moving beyond potato chips

Gourmet Basics Pop

Rings

PopCorners Popped

Wholegrain Chips

#3: Drinkable Snacks

WHAT? • Snacks you can drink instead of eat

• Portable and convenient snacking format – combines drink and food in one WHY?

• Adding ingredients and textures to beverages can turn them into a snack

TAKE-

OUT?

Consumers who find the concept of a “drinkable

snack” appealing

China 74%

US 46% - - - - - - - - - - - - - - - - - Global average 45%

UK 38 %

Germany 25%

Italy 52%

Spain 43%

Drivers

“[PepsiCo has a] whole range of

products… in the pipeline that are value-

added products that can be snacks

made into beverages... A way to grow

the beverage business is to take foods

and drinkify them.”

Indra Nooyi, CEO of PepsiCo

at Beverage Digest’s Future

Smarts conference in New York,

December 2012 Source: Brandchannel.com

Adding textures can transform juice into a snack

Mamma Chia Squeeze

Vitality Snack combines fruit

& veg juices with chia seeds

Sunmagic Fruit 2 Day

suspends real fruit pieces in fruit

juice

Drinks are replacing traditional breakfast foods

Drinks are replacing traditional breakfast foods

#4: Alterna-Chips

WHAT? • Beyond the potato

• Chips are now being made from beans, fruit & veg, seaweed and eggs

• Alternative chips are being developed in pursuit of a healthier substitute for potatoes

WHY?

• As pressure mounts on “junk food” to lend a hand in curbing obesity, expect growing innovation from unconventional chips.

TAKE-

OUT?

Health & Wellness trend is driving “Alterna-Chips”

Source: Datamonitor’s Consumer Survey 2011 and 2013

88% of consumers agree

a healthy diet can

lower the risk of

disease in later life

70% of consumers are

making conscious

attempts to eat more

healthily

39% of consumers are

willing to sacrifice

taste for healthier

foods

Taste still dominates the consumer choices

US: Consumers who consider the following to have a great impact on

their decision to buy food and beverages

Source: International Food Information Council Foundation, 2013 Food & Health Survey.

27

point

gap

25

point

gap

Brad’s Raw Chips range

includes kale and beetroot chips

Fruit & Veg Chips

Tyrells Apple Crisps “a sweet,

yet crisp eating experience.”

Protein Chips

Capitalizing on the protein

trend (7g protein per serving)

Made from egg whites and

corn

20% of consumers prioritize

“high protein” claims when

choosing food & drink

Intelligent Protein Snacks

Egg White Chips

Other “alterna-chip” ingredients

Chickpeas

Wellaby’s Hummus

Chips

Pita bread

Stacy’s Pita Chips

Ancient grains

Udi’s Ancient Grain

Crisps

#5: Novelty

WHAT? • A novel approach to snacks in flavor or

format

• To appeal to consumers desire for fun and experimentation WHY?

• Keep consumers excited about snacks through continued flavor and format innovation

TAKE-

OUT?

Younger snackers will be most attracted by novelty

Consumers who find the concept of a product with a new and exotic

flavour appealing, by age

Source: Datamonitor’s Consumer Survey 2013

Novelty flavors

Guiness Rich Beef

Chilli Crisps

Pringles seasonal

flavors

Pepsi X Frito Lay

Pepsi Cola flavor

Unique combinations: chips & chocolate

Potato chips dipped in

chocolate

Merging two snacks into one

“sweet & salty” combo

Unique pairing generated

media buzz around the world

Taking inspiration from other categories

Pizza snack on a stick

mimics ice-cream format

Can be eaten cold or heated

Available in savoury and

sweet flavors including

chocolate hazelnut

“Most Innovative Product” at

Anuga 2013

#6: Man Up!

WHAT? • Long taken for granted by supermarkets

and CPG sellers, men are finally getting noticed

• Supermarkets tend to be tailored to women and children, but more men are shopping today as household tasks are shared more equally

WHY?

• As more men become the primary

shoppers, products will have to be

designed with the needs of men in mind

TAKE-

OUT?

Men are taking a greater role in grocery shopping

In the US, 55% of men claim to be

“completely responsible” for grocery

shopping

This compares to just 14% in 1985

37% of men globally

are “completely

responsible” for

their household’s

grocery shopping

Sources: Datamonitor’s Consumer Survey 2013; "Supermarket Bromance: More Men Are Shopping," October 31, 2013

Meat snacks hold more appeal with men

Which best describes your daily diet?

Sources: Datamonitor’s Consumer Survey 2013

Targeting men with a sports nutrition positioning

McCoy’s: Man Crisps

McCoy’s “Man Crisps” campaign

specifically targets the male gender

Meaty flavors and on-pack Darts

competition appeal to men

Yogurt for Men

Powerful Yogurt

Promotes Greek yogurt as sports snack for men

“Find your inner abs!”

Danone for Men

High protein

yogurts for men

About Datamonitor

Agenda

Consumer snacking insights

Top innovation trends in snacks

Summary

Summary

1.Wake Up!

2.Pop go the chips

3.Drinkable snacks

4.Alterna-Chips

5.Novelty

6.Man Up!

Any questions?

Melanie Felgate

[email protected]

Follow me on twitter: @consumer_mel