Food & beverage trends for 2023

Quench has been the leader in researching current trends in food and beverage industries since 2009, allowing us to provide deeper insights on things that will impact the industry, helping clients make more meaningful connections with their eaters and drinkers.

The 2023 trends report is now available. Schedule a 1:1 presentation or request a customized workshop to discuss current trends in food and beverage industry.

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420 Friendly

As people become more educated about the effects of cannabis, there is a wider acceptance of use among consumers, which has also been reflected legally.

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Dynamic Pricing

Dynamic pricing, also known as surge pricing, demand pricing, or time-based pricing, is a model where businesses adjust the prices of their offerings to account for changing demand.

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Going Green

Sustainability is important to consumers, who want to make the right choices that will keep them eco-friendly. 70% of customers surveyed for Waitrose’s 2022 Food & Drink Report said the carbon footprint of their food was important.

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Inflation

Inflation has been affecting the food industry — from goods on the shelves to the meals inside restaurants. This increase in the costs of goods and services has affected consumers, changing their purchasing habits and journey.

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International Cuisine

Many consumers are demanding a more diverse array of options, turning to international flavors for variety.

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Tech to Table

We are moving into an era where technology doesn’t just make processes easier, but creates new ways of doing things, such as:

Cell-based beverages
The Metaverse
The use of TikTok
AI robots

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Food & beverage trends for 2023

Check out quench past trends!

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