Page 27 - FoodFocusThailand No.206 MAY 2023
P. 27

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                           Health: COVID-19 pandemic       changes include introducing rules that aim to increase trust by requiring foods to
                           affects the public’s awareness   specify their origin or production history. These will likely also add value to some
                     of and concern for their health. This   products.
                     leads to the increased consumption of     According to the 5 megatrends above, we can conclude the trends of future
                     more nutritional food, more regular   foods into 9 topics as following:
                     exercise, greater attention to public    1. Functional Foods: According to the megatrend on the health issue,
                     health and safety, and the development   consumers are looking for functional foods with vital active ingredients or nutrients
                                                           that improve and support health more than usual.
                     of provenance and supply chain           2. Flexitarian and Vegan Foods: When consumers have more concern on
                     tracking to increase food safety. In   their health, they tend to associate animal products with diseases. Therefore, they
                     addition, changes in lifestyles,      are looking for non-animal or vegan products. However, some consumers do not
                     preferences, and age are also affecting   strictly be vegetarians but tend to consume fewer animal products or called
                     the consumer market.                  flexitarians.

                           Technology: The impacts of
                           new technology are becoming
                     more evident on an almost daily basis.
                     Those new technologies include:
                        • Biotechnology, such as bioen-
                     gineering, synthetic biology, genetic
                     modification, and nanotechnology.
                        • Digital technologies, such as
                     artificial  intelligence  (AI),  big  data
                     storage and analytics, and blockchain
                     technology.
                        •  Engineering technologies, such
                     as automation and robotics.
                        • Visualization technologies,
                     namely augmented reality (AR), mixed
                     reality (AR), and virtual reality (VR).


                           Demographic Change:
                           Although  the  overall  global
                     population is still on track to increase,
                     the  birth  rate  is  significantly  lower,
                     affecting the world population structure.
                     This change also has an impact on food
                     in terms of both the types of food and
                     the overall quantity.

                           Nature and Environment:
                           Environmental problems are
                     becoming  more  and  more  evident
                     globally, leading to more severe natural
                     disasters  such  as  storms,  floods,
                     droughts, etc. This also causes the loss
                     of creatures and inevitably affects the
                     food industry. Therefore, both the public
                     and industry sectors pay much greater
                     attention to sustainability.

                          The World Economy and
                           The Global Regulatory
                           Framework:  Megatrends
                     affecting rules and regulations will allow
                     the  food  industry  to  firm  up  food
                     security. Examples of regulatory

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