Food Matters Live is an annual event, based at the ExCeL London, which brings together the food and drink industry across retailers, foodservice providers, government, education and those working in nutrition. Needless to say, it’s a huge event which allows for a massive variety of those in the industry, across the globe, to collaborate, learn and inform. With five of the IFIS team attending across Tuesday and Wednesday, we got stuck into as many of the seminars and exhibitions as possible, to hear about the latest news and innovations in food. Here, we detail just a few of our highlights from the event.
Thought for Food Blog
Topics: labelling, food quality, nutrition, cereals, healthy eating, superfoods, bacteria, retail and marketing, calcium, food production, sugar and substitutes, food research, UK, dieting, conferences and events, health, local foods, novel foods, supplements, IFIS Publishing
India is one of the key markets poised for future growth. If the country continues to develop at its current rate, it will become the world’s 5th largest economy by 2025.
The Indian consumer segment is dominated by a large urban mass, including both graduates and blue collar workers, and the country has one of the youngest populations in the world. More than 50% of the consumer base is less than 30 years old, including 440 millennials and 390 million members of generation Z (born after 2000). An increasing number of these young people have higher disposable incomes than their older counterparts and a greater tendency to spend their money rather than save it.
Topics: rice, labelling, organic, social media, fruit, vegetables, chocolate, alcohol, dairy, food processing, retail and marketing, food production, functional foods, Asia, consumer behaviour, India, fermented foods
Interest in local food is growing. Consumers choose to buy local foods for a wide variety of reasons, including their perceived nutritional superiority and health benefits, advantages for the local economy, and to help protect the environment.
Topics: labelling, food quality, Christmas, organic, packaging, flavour, nutrients, fruit, vegetables, meat, retail and marketing, food production, environment and sustainability, food economics, consumer behaviour, local foods, plant-based diets
Almost 800 million people are suffering from malnutrition in the world today. Meanwhile, around a third of all the food produced for human consumption is wasted or lost. This food waste, which amounts to around 1.3 billion tonnes every year, occurs at all stages of the food chain, from the farm to the consumer’s home, and its value is thought to be around US$1 trillion. As the world population continues to increase, reducing the amount of food that is lost or wasted will become more essential than ever. It has been estimated that by 2050 we will require a 60% increase in global food production to feed the population.
The causes of food waste differ between countries around the world. In developing countries, losses tend to occur at the earlier stage of the supply chain and are often due to financial and structural limitations in harvest techniques, storage and transport infrastructures, processing, cooling capabilities, packaging, marketing and infrastructure, as well as climatic conditions that favour food spoilage. Social and cultural conditions can also play a role in food loss in these countries. In medium- and high-income countries, meanwhile, waste tends to occur at the more downstream end of the food chain and often relates to food quality standards and consumer behaviour.
Topics: food safety, labelling, food quality, food security, packaging, regulations and guidance, contaminants, retail and marketing, food production, environment and sustainability, food waste, consumer behaviour