Canadean’s latest quarterly beverage tracker reports contain a special focus on soft drinks flavour trends and innovations, which highlight a noticeable migration towards local fruits and natural flavours.
According to a report by Key Note, the breakfast cereals market continued to grow at an impressive rate in 2014, rising by 3.9% in market value despite falling volume sales. However, its growth remains highly dependent on the ongoing impact of high inflation on retail prices.
The snacks industry remains extremely buoyant. According to the Snack, Nut and Crisp Manufacturers Association, in the UK alone the savoury snacks industry was estimated to be worth £3,229 million in 2013.