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Consumer & Flavor Trends 2020

Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

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Page 1: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

Consumer & Flavor Trends 2020

Page 2: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

2020 Consumers

Page 3: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

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Page 4: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

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MINDFUL CONSUMERTrendSight

Sustainability & EthicsMounting awareness and concern surround the scale, complexity, and interdependence of shared social and environmental challenges globally.

Ethical & personally

pleasurable

Benefitting the local economy

Fair to Farmers

& Animals

Healthy & good food for the community

Brand honesty

Presenter
Presentation Notes
Young females consumers tend to be more socially conscious – more emphasis on sustainability, fair trade, and avoiding animal cruelty; still main shopper socially conscious consumers demand that improved sustainability coexist with high end performance and design They still want upscale products, but with added integrity and responsibility
Page 5: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

MINDFUL CONSUMERDriving Values

To Appeal to Mindful Alcohol Consumers: • Promote responsible drinking• Moderation – low alcohol variants • Greener and sustainable production &

packaging • Recycled material• Reduced carbon emissions & landfill

• Demand for nutritional labeling • Provenance of ingredients

Natural & Recognizable • Increased choices• Clean label clean life • Seasonal & occasion inspiration• Organic, non-GMO

Traceability & Provenance • Food scandals• Consumers lack trust• Farm to table/ origin story• Fair trade

Trust & Credibility • Less processed food• Less environmental intervention • Upcycling • Localism movement

Presenter
Presentation Notes
Natural & Recognizable – value is placed on clearly identifiable, simple, and familiar ingredient formulations Traceability & Provenance – knowing the origin and production processes of a product can counter high levels of consumer mistrust in CPG Trust & Credibility – well-informed consumers demanding corporate brands to do the “right thing”
Page 6: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

MATCHING THE FLAVOR TO THE TRENDFlavors under each driving value match up to the consumers’ preferences

Natural & Recognizable

Traceability & Provenance

Trust & Credibility

Wildberry

Acai Berry

Blood Orange

Lime

Varietals/Regional

Madagascan Vanilla

Bing Cherry

Hibiscus

Rosemary

Black Currant

Black Raspberry

Extracts/FTNFSimple/Seasonal

Ginger

Green Tea

Apricot

Ginger Snap

Colombian Coffee

Lemon

Mint

Earl Grey

Thyme

Moroccan Mint

Basil

Page 7: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern
Page 8: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

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Individualism & ExpressionMass Customization• Lifestyle• Gender• Need-states

Self-Image• Social Influence• Engagement• Individualism

Disruption• Connection• Convenience• New Twist on Tradition

Page 9: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

REVOLUTIONARY CONSUMERDriving Trends

WHAT’S DOES IT MEAN?Mass Customization•Anti mass-commercialization•Consumers aim to be in control of their health and wellness

•Tailor products to specific need-states, lifestyles, and preferences

Self-Image•Increasing digitization places increased importance on self-branding and social influence

•Brand-consumer and consumer-consumer engagement is at an all time high

Disruption•General distrust has consumers seeking out alternatives to the mainstream

•Craft brands continue to gain market share across all F&B categories

•Premiumization, processing, ingredient quality are top of mind for consumers

Malt-based RTD cocktail sales are up 574% from

2018; 55% of consumers site convenience as

major purchase driver

How to Appeal to Revolutionary Consumers• Select premium ingredients, natural

flavorings, and craft processing techniques• Exotic flavor pairings and exciting sensorial

experiences• Consider digital interactivity on label• Tailor products to specific need states:

• “Night Cap”• “Sessionability”• “Hair of the Dog”

Page 10: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

WHAT’S DOES IT MEAN?

Mass Customization

Category Blurring

Self-ImageExotic Flavor Pairings

DisruptionEmerging Profiles

SAVORY

SWEETHEAT

MULTI-FLAVOR COMBO

VEGETABLE & HERBALPROFILES

DESSERTPROFILES

EXOTICFRUIT

NOSTALGIA

NON-ALCOHOLPROFILES

CUCUMBER BLOOD ORANGE

YUZU

BLACK CURRANT

GREEN TEA

CHILI PINEAPPLE

BITTER

CEREAL FLAVORSSPICY MOCHA

CRAN-APPLE RASPBERRY HOPSLEMONGRASS

COFFEE

SOUR

GINGER

MATCHING THE FLAVOR TO THE TRENDFlavors under each driving value match up to the consumers’ preferences

Page 11: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern
Page 12: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

BALANCED CONSUMERTrendSight

WHAT’S DRIVING THE TREND?WHAT’S DOES IT MEAN?

Take control of individual needs and

lifestyle choices

Umbrella of physical and emotional

needs

Relax & rejuvenate

Targeted health

solutions to ‘live better’

Embrace new-age tools to

make informed choices

Health & WellnessPeople of all ages are more proactively addressing their health in a more holistic and personalized manner.

Restraint for overall wellbeing

Page 13: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

BALANCED CONSUMERDriving Values

Wellbeing •Balance of mental and physical

wellbeing •Permissible indulgence •‘Free’ diets

Vitality •Zen / cleanse•Balance of stressful life and relaxation •Meditation; self-needs •Ingredients with therapeutic or

restorative qualities

Guided •Social Influencers & Bloggers •Celebrities on childhood obesity•Government required calorie/ sugar

reduction•Personalized apps – reminders

To Appeal to Balanced Alcohol Consumers: • Low-calorie, low-alcohol, and "better-for-you"

options• Moderation• Occasion driven consumption • Alcohol inspired non-alcohol beverages • Or remove/lower alcohol content yet deliver

the same sensory and experiential benefits as those with traditional levels of alcohol

Page 14: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

Wellbeing Vitality Guided

Ginger

Chamomile

Avocado

Refresh, cleanse

Cashews Turmeric

Fruit Tart

Fudge

Fermented

Green Tea

Nuts, plantsPermissible indulgence

Agave Nut Butters

Mousse

Espresso

Yogurt

Goji Berries

Coconut

OatsJasmineLemon

Cayenne

Beets

Glazed Donut

Greens

Mascarpone

Caramelized Bananas

Chocolate Raspberry

MATCHING THE FLAVOR TO THE TRENDFlavors under each driving value match up to the consumers’ preferences

Page 15: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern
Page 16: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

ADVENTUROUS CONSUMERTrendSight

WHAT’S DRIVING THE TREND?WHAT’S DOES IT MEAN?Sensory & IndulgenceThe driving force behind continually higher expectations of quality, variety, and immersive "consumption experiences."

Quality & value thru artisanal methods

Sensation seekers Opt for new

experiences

Intrigued by

tailored products

Authentic, fresh, pure

Only the best

Page 17: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

ADVENTUROUS CONSUMERDriving Values

Authentic Curiosity• Looking to World cuisines • Street food festivals • Travel and taste blogs/vlogs

Curated • Unadulterated / pure • In the ‘know’ & proud of it • Made for ‘me’• Craft, one of a kind

Experiential • Bold flavors – LTO culture • Novel formats ‘wow me’• Alternative sensory

experiences

To Appeal to Adventurous Alcohol Consumers: • Lean into ‘craft’ mentality • Rare or unique ingredients/flavors • Fusions or Mash-ups

• Cultures• Alcohol types• Drinking occasions

• Sensations (extra carbonated, flat, spicy, minty)• Manufacture for ‘consumption memories’

tacos, bao, sliders, bowls

Presenter
Presentation Notes
Novel and exotic flavors, and craft methods are helping tap into this demand. Combine tradition with novelty, by adding unique and innovative flavors to traditional spirits, beer, and cider to entice more experimental drinkers. Unlike other club concepts, which often focus on wealth and status, we aim to assemble communities of members that have something in common: namely, a creative soul. The majority of our members work in traditional creative industries, with the film, fashion, advertising, music, art and media sectors, among others, heavily represented.
Page 18: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

Authentic Curated Experiential

Campari

Fennel

Prickly Pear

Hops

Fresh, Unique

Celery Horseradish

Tamarind

Cactus

Golden Beet

Red Grapefruit

Exciting, NovelEthnic

Lychee

Avocado

Gochujang

Cherry Blossom

Kaffir Lime

Applewood

Yuzu

Szechuan

Salted Watermelon

Garam Masala

Shiso

Juniper

Bergamot

Togarashi

MATCHING THE FLAVOR TO THE TRENDFlavors under each driving value match up to the consumers’ preferences

Page 19: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern
Page 20: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

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Smart & Connected

DigitalizationSocial Media

Communication

Connection

Engagement

TrendsWhat’s new?

FOMO

Image & Self-Branding

ConvenienceSmart-Living

On-The-Go

Information

Page 21: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

CONNECTED CONSUMERSocial Media

DigitalizationThe Connected consumer is constantly connected and

consuming digital media throughout their day, interacting with both

peers and brands.

Uses social media as a platform for self-branding, relationship

building and as a source of information.

TrendsDefines self by the trends

followed or set.

New restaurants, products, and peer/social influence guide their

purchase and entertainment choices.

Needs to be in-the-know, i.e. what’s new, what’s hot, what’s not.

ConvenienceOn-the-go lifestyle makes the

connected consumer looking for the newest smart gadgets to make their life more efficient and connected.

Uses technology at their fingertips to stay informed to

help make quick, yet smart decision.

How to Appeal to Connected Consumers• Create products that are “instaworthy”

and allow consumers to eat with their eyes

• Exciting, new flavor pairings and sensorial experiences appeal to group

• More than a product, consider the brand• Connected consumers are the informed

consumers. Consider:• Transparency• Proactive Communication• Natural and sustainable

Page 22: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

Millenials spend an average of 5 days per year looking

at photos of food on Instagram

Digitalization

Exotic, Fanciful

Trends

Nostalgic, New Combinations

Convenience

Natural, Clean

PAIR FAMILIAR& UNFAMILIAR

PROFILES

SUGAR PLUM

UNICORN

PASSIONFRUIT

LYCHEE PLUM

FRUITY CEREAL

HONEYCOMB

OATMEAL CREAM PIE

MANGO

GOLDEN MILK

GRANNY SMITH APPLE

CHAI SPICE

CARAMEL APPLE

BIRTHDAY CAKE

ROOTBEER FLOAT

MOCHI

FRUITVARIETALS

CATEGORYBLURRING

MATCHING THE FLAVOR TO THE TRENDFlavors under each driving value match up to the consumers’ preferences

Page 23: Consumer & Flavor Trends 2020 - Synergy Flavors · Consumer & Flavor Trends 2020. 2020 Consumers. 3. 4 MINDFUL CONSUMER TrendSight Sustainability& Ethics. Mounting awareness and concern

Any Questions?Jim Duffy, Sr. Account [email protected]