SBR 29: A MARKETER’S PERSPECTIVE ON IFE 2024
I’m happy to report that the gastronomic landscape was as vibrant and diverse as ever. From traditional dairy powerhouses to the almost overwhelming number of Asian suppliers, the event was a testament to how eclectic our eating habits are. Here are a couple of the themes that caught my eye…
Traditional Dairy's Dominance and The Surprising Scarcity of Alternatives: In stark contrast to last year’s London Coffee Festival (where I counted a dozen or more dairy alternatives, and no “real” dairy brands) Excel was awash with dairy. We know that dairy alts are a growing sector, especially with some consumer segments who are relevant to the LCF, but the vast majority of volume still remains in cow’s milk (AHDB had dairy alts at 6% of volume in the L12W to 4 September 2022)
The Rich Variety of Asian Cuisine: There were large areas of the show dedicated to Asian foods. These stands, many of which seemed to be supported by government initiatives, showcased an amazing variety of authentic products of apparent exceptional quality. However, for me, there was a gap in how these products were presented to the European and British consumer. There’s work to be done for these brands to tap into the macro trend of consumers seeking a variety of taste sensations. They’ve got the authenticity and credibility, but the packaging and marketing materials on display didn’t bring it to life for British expectations.
A Field of Dreams: Conversations with many brand representatives revealed a common theme: a desire to break into the retail space. However, this ambition was often matched with a naiveté about the complexity of the UK retail industry, underscoring a need for guidance and partnership in navigating these waters. Cough cough - you know where we are if you want to chat about that!
Some Personal Highlights: