Food Technology Magazine | Market Trends
© The Good Brigade/digital vision
With U.S. food prices 31% higher in late 2024 than they were in 2019, according to Circana, it’s not surprising that consumers aren’t thrilled about the cost of filling their grocery carts. That said, however, changes in eating patterns and demographic shifts are delivering new pockets of opportunity for food and beverage companies, especially for marketers of beverages, snacks, and specialty fare. And in general, there continues to be a strong market for products consumers employ fo…