Ready meal revamps
May 2023Product launches in the ready meal subcategory are gaining ground globally with +1% growth between 2018-2022 (CAGR). The leading packaging type for ready meals is a Standard Tray. There is a surge of growth in ready meal launches packed in a Pot which have had an +115% growth in the last five years. Plastic – Not Specified is the leading material for ready meal launches, but there has been a +15% growth in Glass packaging used for ready meals in the last five years. Furthermore, Recyclable is the leading environmental claim.
Myprotein Piri Piri Chicken with Rice (UK)
- Cooked, seared chicken breast strips in a spicy piri piri sauce with cooked long grain rice, a vegetable mix of grilled red pepper, sweetcorn, and peas with sugar and sweetener.
- Comes in a 550 g plastic pot held in a cardboard sleeve.
Barrier coating innovation
Jul 2024As environmental concerns grow, the F&B industry is increasingly adopting sustainable barrier coatings to improve packaging. These advanced coatings, derived from bio-based, compostable or recyclable materials, enhance moisture and oxygen barriers while boosting recyclability.
Connected packaging innovation
Jun 2024F&B packaging is becoming a gateway to immersive experiences. By adding digital elements to packaging, brands can tell their stories, showcase their values and foster community engagement. From QR codes to near-field communication and augmented reality, brands are increasing the use of technology to thrive in a competitive landscape.
Innova Market Insights data indicates that ethical and environmentally friendly packaging claims have been growing, with an average annual increase of 4% from April 2019 to March 2024. The most significant rise in environmentally friendly packaging was observed in the categories of Meat Substitutes, Spreads and Snacks. Notably, 86% of this NPD featured a recyclable packaging claim. The fastest growth was seen in products with "Less Packaging" claims, which experienced a 42% increase over five years.
Biodegradable packaging
May 2024Innova Market Insights data indicates a surge of growth for F&B product launches with a biodegradable packaging claim with 13% average annual growth from 2019 to 2023. Nearly half (49%) of these launches were in the Hot Drinks category, with Tea emerging as the leading subcategory packaged in biodegradable materials. Furthermore, the Baby & Toddlers category showed the fastest growth, with a 132% growth rate over five years.
Glass packaging innovation
May 2024Innova Market Insights data indicates that F&B launches in glass packaging are gaining ground, with a 5% average annual growth from 2019 to 2023. Thirty-six percent of these launches in 2023 were Sauces & Seasonings, with a substantial increase in the Fruit & Vegetables sector. Additionally, 81% of these glass packaging launches had Recyclable claims.
Circular economy: Reusables
Apr 2024Innova Market Insights data indicates that F&B packaging with reusable claims has surged with an average annual growth rate of 18% between 2019—2023. Sauces & seasonings were the top category for reusable packaging in 2023. Meanwhile, there was a 106% growth in the incorporation of reusable packaging claims within Meat, Fish & Eggs packaging.