[Live Webinar] A 360-degree Look at CBD in Beauty, Health & Wellness, and Food & Beverages Industries

Across the United States, cannabidiol (CBD) has emerged as a prominent ingredient used in the healthcare, beauty, and food & beverages industries. Owing to the passage of the 2018 United States Farm Bill, which legalized the cultivation, sale, and distribution of hemp, consumer attitudes and usage of CBD enhanced over the past two years.

Considering cannabis-infused food and beverages, the overall market achieved strong double-digit growth of over 70% in 2019. Meanwhile, the market for CBD health and wellness products is forecast to reach nearly $2 billion by 2024 with steady growth every year. In the beauty industry, CBD remains the “it” ingredient that can be found in everything from skin care products to makeup and hair care.

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Plant-Based Meat Burger vs Real Burger Spot the Difference

The Rising Demand for Plant-Based Meat

One of the greatest challenges the world is facing today is ensuring that the growing population has access to adequate, nutritious, and sustainable food. The global food system is under pressure to address this challenge, and this pressure is particularly high in the livestock production segment. The global consumption of beef, veal, poultry, and pork has grown by 30% in the last 15 years, according to the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO). The demand for meat will continue to grow more than 13% in the next 10 years. Plant-based meat analog is an attractive option to address some of these challenges and provide a sustainable and nutritious alternative to meat. 

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Cannabis in Food & Beverages

U.S. Marketers Bet Big on Cannabis-Infused Products

Cannabis has emerged as the new buzzword across many U.S. industries as a result of the 2018 Farm Bill, which legalized the cultivation, sale, and distribution of hemp. The overall market for cannabis-infused food and beverages achieved strong double-digit growth of over 70% in 2019, while CBD health and wellness products are expected to approach $1 billion by 2024 with strong growth each year. Driving market growth is strong word-of-mouth and growing consumer interest in new and natural ingredients.Continue reading

Clean Label in Food & Beverage

Ethical Labeling in Food and Beverage

The concept of healthy living has evolved over the years to include a holistic approach to self-care. This promotes the notion of eating healthy and organic foods, taking supplements, using cleaner personal care products, exercising, and managing stress.

In their quest for greener and cleaner living, an increasing number of consumers opt for food and beverage products that they perceive to be “clean” or “natural.” Products with claims such as gluten-free, non-GMO, no artificial colors or preservatives, organic, and grass-fed are gaining more space at retailers’ shelves. Kline’s findings from the already-conducted Clean Label in Food and Beverages consumer survey indicate that slightly more than half of the respondents feel that purchasing natural/clean-labeled food products is essential or very important to them. They also cite that natural/clean foods have a positive effect on their health.Continue reading

Cannabis Coffee

Cannabis in Food & Beverages: The Dawn of a New Era

Cannabis has been popping up as the “it” ingredient everywhere, from skin creams to pain relievers and now food and beverages. The food & beverage industry in the United States is on the verge of crossing a new threshold due to changing consumer perceptions and the growing acceptance of CBD, combined with substantial investments being made in this market by private equity firms, start-ups, and leading beverage companies alike.

As a plant, cannabis benefits from the halo effect of being natural and “good for you,” which plays well into overarching consumer demand for natural and health-conscious products. CBD has already started to impact other consumer packaged goods industries, including the beauty and personal care and nonprescription drug markets.Continue reading