Close×

Replacement foods and ingredients, especially in the gluten and dairy-free categories and increasingly protein, are on the rise. According to Innova Market Insights, health remains the number one reason to buy food alternatives, with one in two US consumers reporting that this was their reason for buying alternatives to bread, meat or dairy.

Demand for alternative proteins has resulted in rising use of black beans, lentils, peas, rice, nuts and seeds, chickpea and even insects as protein ingredients for foods, Innova says, as well as driving development in new sources such as duckweed/water lentils.

Between 2013 and 2017 Innova Market Insights says it saw 17 per cent CAGR in the dairy alternatives category, and 11 per cent for meat.

“This is not just dairy or meat – it’s a much bigger trend,” Innova Market Insights’ director of innovation Lu Ann Williams says.

Examples now in the market include a cauliflower pizza crust from Green Giant, Tesco’s low alcohol gin and tonic, and locally, San Remo’s Pulse Pasta (pictured).

“This is a big, interesting, exciting world where there are lots of opportunities in many different categories.”

Packaging News

Global metal packaging manufacturer Jamestrong opened a new $15 million, future-proofed, can making facility in Auckland, New Zealand last night, catering to the burgeoning infant formula market. PKN was there.

Full year results for packaging giant Orora have with underlying net profit after tax (NPAT) up 4 per cent to $217m, earnings before interest and tax (EBIT) 3.7 per cent higher to $335.2m and earnings per share (EPS) up 3.7 per cent to 18 cents per share.

Pact Group has cited the drought, weaker demand from the agri and food & beverage sectors, and higher raw material and energy costs as contributing to the FY19 loss.