Close×

PMMI, The Association for Packaging and Processing Technologies, has reported a 25 per cent increase in vegetarian and a 257 per cent rise in vegan global food and drink product launches between 2010 and 2016.

“Increasing consumer demand for more healthful foods and beverages continues to fuel the rise of organic, vegetarian, and vegan products,” Jorge Izquierdo, vice president of market development at PMMI, said.

gfg.jpg

“Meanwhile, growing demand for convenient, on-the-go and single-serve options underscores the need for brand owners to accommodate more active consumer lifestyles.”

In addition to their own health and wellness, consumers are also showing greater concern for the environmental impact of the supply chain, particularly food waste.

Meanwhile, interest in greater packaging sustainability remains strong.

vegan.jpg

“Shifting consumer preferences for natural, healthy and earth-friendly brands place new demands on the manufacturing operations of food and beverage processors,” Izquierdo said.

“These companies must fine-tune product lines to accommodate new ingredients, implement alternatives to chemical preservatives, and often build or modify lines for greater flexibility.

"And they must do it all while minimising changeover times and learning curves for operators.”

Food & Drink Business

The surge in usage of ‘GLP-1’-style weight loss medications is seeing a “ripple effect” begin to unfold, impacting eating patterns in a number of countries around the world, Rabobank says in recently released research.

Fonterra has reported total group profit after tax of $278 million for 1Q26, up $15 million on the same period last year, as the co-op now pushes ahead with its multi-year business reshaping and the divestment of Mainland Group.

The federal government has announced an additional $10 million in funding support for Australia’s wine and cider industry, through the Wine Tourism and Cellar Door Grants program, which is now on its seventh round.