Food & beverage trends for 2023
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.
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.
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.
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.
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.
Many consumers are demanding a more diverse array of options, turning to international flavors for variety.
- Cell-based beverages
- The Metaverse
- The use of TikTok
- AI robots