Daily Newsletter

24 August 2023

Daily Newsletter

24 August 2023

Webinar: The outlook for food inflation in Europe

A free-to-watch preview of the latest exclusive Just Food webinar is now available.

Dean Best August 23 2023

A preview of the latest Just Food webinar – The outlook for food inflation in Europe – is now available with the full broadcast online for members.

Netherlands-based bank ING picks through the food inflation seen in Europe in recent months and sets out how prices could take shape.

Thijs Geijer, ING’s senior food and agri economist, explains how food prices have differed across Europe and within categories.

In conversation with Just Food managing editor Dean Best, Geijer also discusses how manufacturers have had to react to try to shore up profits – including his thoughts on whether, as some have argued, there has been some ‘greedflation’ driving prices.

He also explains where costs – and therefore prices – may head throughout the rest of 2023.

A preview of the webinar is available via this link.

Readers can view the full content by becoming a member and unlock membership benefits including expert analysis in market reports, exclusive data-driven newsletters and on-demand webinars for sector insights.

Rising disposable income and health consciousness set to drive the healthy snacks market

The global healthy snacks market will be valued at $74.6 billion in 2023 and is expected to grow at a CAGR of 6% by 2030, per GlobalData. Increasing awareness of health and wellness among consumers is the major contributor to the growing demand while a rise in vegan and plant-based diets and rising disposable income, and middle-class expansion are also expected to drive market growth. However, this growth is affected by the challenges posed by high cost of ingredients.

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