There’s no question that consumers today love learning what’s new.
For instance in Circana’s 2022 New Product Pacesetters, an analysis of the top food and nonfood consumer packaged goods (CPG), a 2023 New Product Pacesetters Survey found that “nearly 17% of consumers consider themselves ‘early adopters’ who like to have the latest and greatest the market has to offer in food, beverages, health care, beauty/personal care, home care, pet care and electronics.”
The report notes that this is a 1.6-point increase in early adopters compared with 2021. Circana also notes that the 2022 Pacesetters accounted for $6.8 billion in aggregate year-one sales for food, beverage and nonfood products, which is up from the $6 billion in 2021 Pacesetter sales.
Given the thirst for new products by consumers, the editors at Beverage Industry want to give readers information about new beverage launches with our new monthly eNewsletter: Beverage Innovations. Each month the editorial staff will select a beverage category that highlights the trends that are driving the beverage segment’s success. To complement that information, we will highlight a bevy of new product and packaging launches from that category to help inspire the next wave of inspiration for today’s innovators.
Coming to your inbox the second Monday every month, be sure to register for the Beverage Innovations eNewsletter so you don’t miss out on these inspiring new product launches!