Snac World - Official State of the Industry 2022 - 23

STATE OF THE INDUSTRY
" There is a fine line between functional and practical. "
Katie Wilson, co-founder, BelliWelli
techniques, novel ingredients, accelerated shelf
life testing methodologies, processing equipment
and packaging materials, " said Bryan Hitchcock,
vice president of science, policy and learning, and
executive director of the Global Food Traceability
Center with the Institute of Food Technologists. " As
snacking shifts from indulgent to functional, the development
of novel technologies to reduce added
sugar and salt will become more critical. "
Ms. Fabbri said consumers are also expanding
their definition of better-for-you to include considerations
of how sustainably the product was produced.
In fact, Mintel found one in four Generation
Z consumers are interested in trying snacks that
feature sustainably sourced ingredients. As a result,
companies will need to look at balancing affordability
and sustainability.
" Making headway on sustainability initiatives
takes time, resources and capital, " Ms. Fabbri said.
" Brands should continue to invest in long-term
technology and also set short-term goals to maintain
momentum toward milestones. "
As consumers look to gain health benefits from
their snacks while maintaining familiar tastes, opportunities
and challenges for innovation in new
products abound. Forward-thinking companies will
seek to introduce sustainable products with claims
they can substantiate.
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Snac World - Official State of the Industry 2022

Table of Contents for the Digital Edition of Snac World - Official State of the Industry 2022

Snac World - Official State of the Industry 2022 - Intro
Snac World - Official State of the Industry 2022 - 1
Snac World - Official State of the Industry 2022 - 2
Snac World - Official State of the Industry 2022 - 3
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Snac World - Official State of the Industry 2022 - 33a
Snac World - Official State of the Industry 2022 - 33b
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Snac World - Official State of the Industry 2022 - 35
Snac World - Official State of the Industry 2022 - 35a
Snac World - Official State of the Industry 2022 - 35b
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Snac World - Official State of the Industry 2022 - 37a
Snac World - Official State of the Industry 2022 - 37b
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Snac World - Official State of the Industry 2022 - 41
Snac World - Official State of the Industry 2022 - 41a
Snac World - Official State of the Industry 2022 - 41b
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Snac World - Official State of the Industry 2022 - 43a
Snac World - Official State of the Industry 2022 - 43b
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Snac World - Official State of the Industry 2022 - 45
Snac World - Official State of the Industry 2022 - 45a
Snac World - Official State of the Industry 2022 - 45b
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