I recently led a trends panel at the largest candy and snack show in the country, the 2010 Sweets & Snacks Expo, where more than 2,000 new confectionery and snack products were launched. With so many options coming on the market, my panel of three trend experts – a CPG research guru, a futurist, and a ‘mommy-blogger’ – convened to discuss which types of products, trends, and other driving forces they think will drive ‘snacking’ in the near future.
With the hardship of having received a box filled with hundreds of new products at our offices to sample (read: devour) as part of our preparation, we were all filled with inspiration about the future. But it wasn’t the new products that shocked me, it was the provocative insights from the panel itself about what’s next for the audience of candy, snack, and CPG execs:
My candy will not be your candy: Large-scale trends from life sciences, like the mapping of the human genome, opens up the real possibility of targeting products to distinct consumer segments or even individuals based on science. “Imagine individual snacks created based on your own DNA and mapped to your specific dietary or nutritional needs,” said Michelle Bowman, cofounder of AndSpace Consulting.
Nutrition Labeling – putting it out there: Mommy-blogger, Kim Moldofsky, founder of MomImpact.com, likes how companies such as MARS are being more transparent about their nutritional values right on the FRONT of their packaging. Read the rest of this entry »