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FANCY FOOD SHOW 2024

Las Vegas Convention Center - January 21 - 23, 2024

DIFFERENT KIND OF NEWSLETTER

  1. What is the Fancy Food show?
  2. General trends
  3. Snacking
  4. Beverages
  5. Meat and meat alternatives
  6. Other noteworthy products

WHAT IS THE FANCY FOOD SHOW?

The Winter Fancy Food Show is an annual event organized by the Specialty Food Association. The event is one of the largest gatherings in the food industry, focusing on specialty and gourmet foods, beverages, and related products.

Overall, the Winter Fancy Food Show serves as a premier platform for businesses in the specialty food industry to showcase their offerings, connect with industry peers, and stay abreast of the latest developments and trends in the market.

GENERAL TRENDS

  1. Grown – up snacking is on the rise – with brands offering snacks with flavour profiles geared towards more mature pallets.
  2. Global twists on conventional flavours – Whether it’s the addition of yuzu, hot sauces spanning the globe from Peru to Ethiopia, or the “new bomba ”, ajvar , from the Balkans. Brands aren’t afraid to show off some international flair.
  3. Plant – based reaches new heights – Brands were showing off their new plant – based offerings from dumplings, to koji fermented deli meats there was plenty of innovation on display.
  4. Health is front of mind – Consumers are increasingly looking to their everyday foods to get a health boost. Whether its from functional mushrooms in beverages, or probiotics on their fruit chews health focused foods were all around.

    5. GENERAL TRENDS

  5. Convenience is king – As consumers are being continually pressed for time, they are looking to convenience foods to fill that gap.
  6. Hunger for spicy foods hasn’t wavered – Spicy is as trendy as ever with snack foods, condiments, honey, and prepared foods all getting spicy.
  7. Premiumization is in full effect – Brands are seeing the opportunity to create premium products. From hot chocolate mixes made from single origin cocoa, to dry aged ribeye flavoured potato chips premium products were on display.
  8. Co-branding – Leveraging a popular brand’s equity and moving it to a new category offers the opportunity for increased visibility and growth.

SNACKING

  • Consumers increasingly see snacking as an opportunity to explore new flavours , concepts, or even diet trends.
  • Snacking is the most popular eating occasion for Millennials, and ranks second for Generation Z.
  • Snacks are increasingly seen by Millennial and Generation Z consumers as a valid meal and are turning to snacks that offer more than previously.

SPICY SNACKS AND BOLD FLAVOURS

 

NOVEL SNACKS

 

SNACKS WITH FUNCTIONALITY

 

SNACKS THAT SPARK JOY

 

SNACKS FOR MORE MATURE TASTES

 

BEVERAGE TRENDS

  • Like snacks, beverages represent an opportunity for consumers to try new formats, flavours , or concepts with lower financial barrier to entry.
  • Beverages make up 10 of the top 63 categories but 5 are in the top 10.
  • Clearly consumers are open to beverage purchases, and innovation in the category.

BEVERAGES WITH FUNCTIONALITY

 

PREMIUM BEVERAGE OFFERINGS

 

NON - ALCOHOLIC

 

BOBA

 

MEAT AND ALTERNATIVES TRENDS

  • While meat has taken second place to snacks in overall consumer purchases, the love of meat is still strong!
  • Consumers are increasingly looking for new flavours , formats, and concepts.
  • ‘Nduja is seeing another rise in popularity in the US market with more options from new producers hitting store shelves.
  • While straight meat analogues continue to have presence in the market, there seems to be more demand for an integration into foods leading to increased convenience for the consumer.
  • Innovation using novel techniques and ingredients is on the rise.

OLD WORLD CURED MEATS WITH NEW EXCITING FLAVOURS

 

NDUJA!

 

KOJI FERMENTATION FOR A BETTER MEAT ALTERNATIVE

 

PLANT - BASED MEAL MAKERS

 

Other Noteworthy Products

DAIRY INNOVATION

 

HOT HONEY, SO HOT RIGHT NOW

 

CONDIMENTS TO DELIGHT

 

DIPS!

 

WHY SHOULD YOU WORK WITH HELA SPICE?

  • R&D Team experienced in many different product categories
  • Ability to create products based on customers’ ideas
  • Ability to bring new product ideas and fully developed concepts for customer review
  • Real plant production experience that enables Hela Spice to create an easy to produce system of blends and raw materials including processing instructions, to make processing simple for companies
  • We can adapt procedures to best utilize available plant processing equipment

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