Trends in eating behaviours - Swiss Rein+the+food+industry.pdfof the global market amounting to and...
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Trends in eating behaviours Organic food Meat consumption Functional foods Convenience foods More recalls due to organic food potentially being more susceptible for microbiological contamination. Meat is highly susceptible to recalls. Changes in per capita consumption will likely become visible in changing number of recalls or product liability cases. Potential for emerging long term bodily injury due to food industry exploring this grey zone between pharmaceuticals and the food industry. Complex supply chains could lead to an accumulation of product liability incidents and recalls. From 2014 to 2015, organic food sales increased by +11% USD 43.3bn to The area of land used to cultivate organic produce in Europe has increased by Organic food industry has 1% of total food consumption While global meat consumption continues to rise, the consumption of meat in the US has been declining for almost a decade 100 kg per capita meat consumption in 2005 fell to 91.5 kg per capita in 2014 EU red meat consumption has been steadily Pork meat consumption more than In 2013, the US accounted for 38% USD 16.5bn of the global market amounting to and will continue to grow +6% p.a. till 2020 EU adults consumed specially formulated functional food/beverages at least occasionally in 2014 6 in 10 As of July 2015, the State Food and Drug Administration (SFDA) had approved a total of 15 802 health food products Americans are ‘opportunist eaters’ In the past 5 years, ready meals market has grown more than +14% and due to grow another +12% by 2016 From 2003 to 2013, Chinese Food & Beverage industry grew at an estimated compounded annual growth rate of +26% Source: Swiss Re ! quadrupled but still only accounts for in recent years tripled since 1961 since 1995 declining ! ! ! +10% between 2011 to 2014 1 in 5
Transcript of Trends in eating behaviours - Swiss Rein+the+food+industry.pdfof the global market amounting to and...
Trends in eating behavioursOrganic food Meat consumption
Functional foods Convenience foods
More recalls due to organic food potentially being more susceptible for microbiological contamination.
Meat is highly susceptible to recalls. Changes in per capita consumption will likely become visible in changing number of recalls or product liability cases.
Potential for emerging long term bodily injury due to food industry exploring this grey zone between pharmaceuticals and the food industry.
Complex supply chains could lead to an accumulation of product liability incidents and recalls.
From 2014 to 2015, organic food sales increased by
+11%USD 43.3bn
to
The area of land used to cultivate organic produce in Europe has increased by
Organic food industry has
1%of total food consumption
While global meat consumptioncontinues to rise, the consumption of meat in the US has been declining for almost a decade
100 kgper capita meat consumptionin 2005 fell to
91.5 kgper capita in 2014
EU red meat consumption has been steadily
Pork meat consumption more than
In 2013, the US accounted for
38%USD 16.5bnof the global market amounting to
and will continue to grow
+6% p.a. till 2020
EU adults consumed specially formulated functional food/beverages at least occasionally in 2014
6 in 10As of July 2015, the State Food and Drug Administration (SFDA) had approved a total of
15 802 health food products
Americans are ‘opportunist eaters’
In the past 5 years, ready meals market has grown more than
+14%and due to grow another
+12% by 2016
From 2003 to 2013, Chinese Food & Beverage industry grew at an estimated compounded annual growth rate of
+26%Source: Swiss Re
!
quadrupled but still only accounts for
in recent years
tripledsince 1961
since 1995declining
!
! !
+10%between 2011 to 2014
1 in 5
