Joshua Dreller, Sr. Director, Content Marketing @ Skai™
Joshua Dreller, Sr. Director, Content Marketing @ Skai™
While three meals a day is the general norm for most people to sustain themselves, snacks offer an opportunity to eat between those meals—either as a way to curb hunger or simply as a treat to enjoy.
One of the snack categories that has tried to break through mainstream channels for years has been edible insects. While people have been eating bugs for centuries, the trend has never really taken off. “Edible insects are not only abundant in numbers, but are cost-effective and have considerable health benefits,” explains one dietitian. “Insects are nutritionally rich, yet very low in calories, which is thought to help combat obesity and related diseases.”
Have you tried edible insects like crickets?
What about some of these other exciting snack items?
The worldwide snack food market is expected to grow to $230.27 billion in 2021. This category has seen a lot of consumer behavior fluctuations during the pandemic. Changes in social and economic patterns, awareness about healthy foods, at-home meal patterns, and the desire to taste new products are just of the few market forces that keep this sector in constant innovation mode.
With shopper preferences constantly changing, how does a snack brand stay connected with what’s hot, not, and next?
Consumer and market intelligence platforms like Skai are increasingly used by snack brands looking to keep a finger on the pulse of what is happening in the category in real-time and get ahead of the latest trends.
Skai collects more data than anyone else relevant to snacks (social reviews, product listings, ratings, reviews, patents, etc.) so that brands don’t miss a thing. Then, we apply natural language processing so that it’s easy to extract what is happening in the snacks category and why — and what will happen in the future. And we visualize the data in a way that makes it easy to understand for anyone from Insights, Marketing, Brand, Product Innovation, and more.
Our Sweet & Savory Snacks category includes data from over:
So what is the data showing us? Let’s take a look!
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One of the clear food & beverage themes coming out of the pandemic has been a deeper level of awareness regarding what we consume impacts our digestive and immunity health. COVID-19 may just spur a generation of children to think better about what they eat.
Unhealthy foods—such as extremely sugary and salty snacks—are even coming under fire from the government. According to The Guardian, “supermarkets in England are to be barred from displaying unhealthy food and drinks at checkouts as part of a proposed government crackdown on obesity. And in Philadelphia, sugary drink sales fell 38% after the city adopted a soda tax.
Snack brands are seeing this market change and are shifting their R&D strategies to better reflect their customers’ new priorities. Today, only 8,413 Healthy Diet snacks are on the market, but more than a third of that number (2,910) of snack patents have been filed recently that mention Healthy Diet.
The chances are that a wave of healthy snacks is about to hit our grocery shelves! Hopefully, they still taste great, even if they are better for us.
To find out what’s hot, what’s not, and what’s next in your industry, please reach out today to schedule a brief demo of Skai’s market intelligence platform.
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