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The essential guide to identifying consumers’ needs to drive product innovation |
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What is the ‘Next Big Food Thing’ and will it be a fad or a trend? By a fad we mean something that is here today and gone tomorrow. A trend, on the other hand, indicates real and widespread change.
To be successful a new product must respond to consumers needs. Macro-trends which have been driving consumer choices for some time now have been convenience, health and wellbeing, indulgence and value. An ever growing trend in the market has been the increasing consumer concern for the environment which has resulted in shoppers wanting to know more about how and where their food has been produced.
Food products often incorporate more than one trend but few will meet all of a consumer’s needs. Spanning more than one trend is likely to increase the potential for success of a new product.
IGD's The Next Big Food Thing report seeks to understand the potential demands of the future, and identify how these changes will impact the industry.
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