12.22.16
Euromonitor has identified the key Christmas 2016 shopping trends as well as the new trends set to shape the global market in 2017. As one might suspect, green will continue to be a theme.
According to John Madden, head of ingredients, Euromonitor International, there is a growing focus on anti-pollution ingredients, particularly in beauty and personal care.
"The trend started in Asia Pacific but it is now global. For example, in China growing health concerns are still driving the trend. Whereas Western consumers are more worried about premature aging," he said. "This will provide exciting opportunities for anti-pollution ingredients. Already we are seeing ingredients such as extracts of Moringa seeds and probiotic plant extracts in use."
Already valued at $711billion this year, the health & wellness industry will continue to grow in 2017, according to Maria Mascaraque, a health and wellness analyst, Euromonitor International.
"Fortified/functional products are still going strong but there in an even more increasing movement towards the Naturally Healthy offering, from ancient grains based foods to vegetable beverages," she explained. "Together with it, we expect the free from trend to keep booming, with growing demand of products such as meat substitutes as well as dairy milk alternatives based on nuts and pulses."
According to John Madden, head of ingredients, Euromonitor International, there is a growing focus on anti-pollution ingredients, particularly in beauty and personal care.
"The trend started in Asia Pacific but it is now global. For example, in China growing health concerns are still driving the trend. Whereas Western consumers are more worried about premature aging," he said. "This will provide exciting opportunities for anti-pollution ingredients. Already we are seeing ingredients such as extracts of Moringa seeds and probiotic plant extracts in use."
Already valued at $711billion this year, the health & wellness industry will continue to grow in 2017, according to Maria Mascaraque, a health and wellness analyst, Euromonitor International.
"Fortified/functional products are still going strong but there in an even more increasing movement towards the Naturally Healthy offering, from ancient grains based foods to vegetable beverages," she explained. "Together with it, we expect the free from trend to keep booming, with growing demand of products such as meat substitutes as well as dairy milk alternatives based on nuts and pulses."