Page 54 - The Five Forces of Everything
P. 54

Mood Food

                     Curiously, people’s more anxious outlook might explain why
                     many  of  today’s most successful new  products are  more
                     hedonistic  than  healthy.  In  the  U.S.,  the  top  three  most
                successful launches in 2018 were Kinder Joy ($124.4m), M&M’s
                Caramel ($120.6m) and Oui ($100.5m).* In the U.K., the fastest
              growing CPG categories include Alcoholic Spirits (+£329m), Lager
       (+£227m) and Rolling Tobacco (+£195m)**
       *Observed by IRI. Multiple outlets only. Excludes convenience channel.
       **Observed by AC Nielsen. Total grocery.

       And  then  there  are  foods  specifically
       designed to enhance people’s mental
       state. In 2018, Mintel observed that 66%
       of U.K. adults believe that what they
       consume can impact their emotional
       wellbeing. Paradoxically, surveys also
       show that people’s willingness to
       believe such claims is declining.       Below the  belt.  The beauty  brand  that  reduces
                                               anxiety about body image.
       That said, we believe that this will be a vibrant space for innovation
       in  the  coming years. Products  aimed  at boosting self-esteem, mental
       wellbeing and addressing wider social and environmental issues will continue
       to arrive. From a beauty drink that promises to reduce hair loss (see below
       image) to a beverage that promises mood enhancement.


                                             To  address  consumer  confidence
                                             issues, sensory cues that help
                                             people understand the benefit can
                                             only increase in importance.

                                             Left: Not shampoo. The beverage that is scientifically
                                             proven to reduce hair loss and increase hair density.






       53                                                                                                                                                        54
       FORCE #4                                                                                                                          OBSERVATIONS | IMPLICATIONS | ILLUSTRATIONS
   49   50   51   52   53   54   55   56   57   58   59