Plant-based milks and creamers are growing strong as they become a staple to many consumers, providing an example of what's needed to grow other alternative segments, according to experts gathered at Bridge2Food’s Summit Americas last week.
Despite several headwinds facing the category, the overall plant-based market is still expanding, though challenges persist in the form of retail and formulation challenges, a panel of industry experts shared during a session titled “The Elephant in the Room: Is the Plant-Based Industry Really Dead?” at the Bridge2Food Summits America last week.
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How consumersâ behaviour is changing during lockdown
How consumersâ behaviour is changing during lockdown
COVID-19 has changed our pattern of doing things in almost every area of our lives. It changed our way of working, socializing, how we shop, and even how we entertain ourselves.
Thereâs also no doubt that so many business sectors were affected by the pandemic. Companies had to change their methods to work with the ânew normalâ. One of the biggest impacts the pandemic had was on consumersâ behaviour, especially during the lockdowns.
We have seen many significant changes in the trends of consumersâ behaviour and many things are never going to remain the same again. Here are some ways in which the pandemic affected how consumers choose, buy, sell, and use goods and services: