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Carl is Euromonitor International’s Industry Manager for packaged food, covering snacks and nutrition research. He oversees research on snacks and analysis in 100 national markets worldwide.
Carl provides thought leadership and advises clients on how key trends in snacks and changing consumer behaviour will impact business operations. He specialises in trend discovery, innovation and snack product development. Carl has worked in the food space for more than a decade. Prior to his career at Euromonitor, Carl was a food formulation scientist working on enzyme processing aids, snack bars, and processed pasteurised cheese products. He has supported clients in nutrition labelling, formula design, and go-to market strategy.
Despite ongoing challenges with inflation, increased costs of product/distribution, and raw material price rises, innovation remains a key driver of success for the packaged food industry. Packaged food innovation strategies are being refined to provide better products that push the bar on health, sensory experience, and value demands.
Global snack sales continue to grow – set to surpass USD680 billion in retail sales in 2024, up 5.6% from 2023. Though inflation is slowing and promotions are peaking, challenges such as the cocoa crisis and consumers’ reassessment of their snack spend persist. Euromonitor International’s snacks research has identified five key trends set to shape snacks in the year ahead.
Consumers’ relationship with diets is ever-changing. Now, unprecedented priority is being placed on addressing diet-related human health issues to improve what and how we eat and build a future containing a healthy, productive population. World Nutrition Day is a time to reflect on the greatest challenges that positive nutrition faces and what can be done to overcome them.