Innova Market Insights Presents Market Data at IFT

June 19, 2012

2 Min Read
Innova Market Insights Presents Market Data at IFT

LAS VEGASThe United States accounted for more than 40 percent of recent alternative protein patent activity from 1980 to 2011, according to Innova Market Insights data presented at this year's IFT Food Expo in Las Vegas.

According to Innova, the race to find alternative protein solutions is well under way. Traditional areas such as soy wheat, lupin and chickpeas are being examined again as healthy and sustainable solutions. While soy continues to dominate in terms of vegetable proteins, a range of new products is starting to appear, based on other beans, as well as nuts, seeds, grains and vegetables. New techniques are also being developed to enhance the texture, juiciness and flavor of meat analogs and proteins.

Consumers are changing too, perhaps in an attempt to be part of a sustainable future, according to Innova. We see the emergence of a flexible vegetarian or flexetarian," said Lu Ann Williams, director of innovation at Innova Market Insights. These consumers enjoy meat, but occasionally opt out due to their concerns about health and the environmental impact of heavy meat consumption."

New U.S. launch examples include Bolthouse Farms addition of a Blended Coffee variant to its Protein Plus range of all-natural shakes. This contains a proprietary blend of whey and soy proteins for improved performance. Coca-Cola subsidiary Odwalla has extended its Super Protein and Protein Monster soy and dairy protein drinks ranges with Strawberry and Vanilla variants in the Protein Monster series and Mango and Pumpkin variants in Super Protein.

Other recent U.S. activity has included an extension of the Atkins Advantage low-carb meal replacement bar range with Chocolate Orange and Chocolate Brownie variants. Balance Bar has introduced a Cookie Dough variant to its Original sub-range. All featured soy protein as the key protein ingredient, although the products tend to be marketed on a more general health and everyday performance positioning.

Proteins, such as soy, are also being marketed on a health platform, functioning as part of the solution to tackle the obesity epidemic. Innova Market Insights report more than one-third of the tracked launches marketed on an added protein" platform in the 12 month period to the end of March 2012 contained soy.

Innova Market Insights Taste the Trend Pavilion, now in its 8th edition, will include six presentations [including Alternative Proteins"], with key data on ingredient technology, new product trends and consumer insights. Taste the Trend 2012 will also include 27 smaller presentations broken down into the Packaging and Technology," Ingredients and Flavors" and Consumer Insights" categories. The market researcher will also demonstrate more than 200 innovative products from around the world.

Subscribe and receive the latest insights on the health and nutrition industry.
Join 37,000+ members. Yes, it's completely free.

You May Also Like