Just like any other market: the finger food market also evolves and undergoes changes every year.
There are almost 48.300 Brazilian entrepreneurs in North America and the number is always increasing! Opportunity is everywhere, but you need to know where to look.
The demand is increasing, especially in one market, called Saudade Market. It is a term used in economics to designate the market that specializes in a nation’s typical commercial products for communities of countries living abroad. The term refers to the longing that these people suffer from common items in their country (but not found abroad), such as typical foods and lifestyle, that motivate them to start a business related to these themes.
Saudade market moved $ 50 million in 2017 and increased Brazil’s direct export to the USA of products such as cheese bread, acai or cachaça by 77% in 2016 , according to Apex. United States and Canada are the main Brazilian product destinations in the world.
In today’s post, we will show the three main trends for the finger food market for 2020.
To profit more and expand your business, it is essential that the entrepreneur be aware of all these trends, because your competition is certainly already watching them. Specially because the wishes of the customers and the way companies produce are constantly changing.
1. Consumers will be increasingly demanding
Anyone who owns a finger food business knows how demanding the public is. But most entrepreneurs don’t strive to meet his requirements and end up losing many customers for that reason.
To fulfill the wishes of consumers in 2020 a food business will need:
Produce very high quality finger food snacks, which are tasty and have great aesthetics (same weight and size);
Meet the deadlines for delivery of demands, even those that come at the last minute;
Reduce snack prices, which is especially critical today, if you want to stay competitive. The only way to do that is to find the right ingredients and automation equipment.
2. Finger foods will become part of the daily lives of consumers
As we said at the beginning of this post, finger foods rarely fail to be present on special occasions, such as end of the year parties, happy hours and birthday parties.
However, in the coming years, they will also be present in people’s daily lives.
One of the trends for the food market is finger food in to go packages. Because they make eating easier, snack foods in to go packages are ideal for small snacks throughout the day that can be carried anywhere.
People can eat them in a short time (during work breaks, for example) and gain energy quickly to tackle the routine.
And because they are cheap, they end up getting even more public attention. That is why, in the coming years, the consumption of finger foods will increase significantly and generate many profits for the businesses that offer them.
3. Automatic production is one of the main trends for the finger foods market.
Little by little, manual finger food production is ceasing to exist. That’s because:
- It is very time consuming;
- Does not guarantee the quality of all finger foods to be equal;
- It is very costly;
- Decreases the profitability of the business due to the large amount of people, utensils and materials needed;
- The manual process doesn’t offer the same hygienic pattern.
All this ends up affecting the business and frustrating consumers. This is why many entrepreneurs are already purchasing finger food machines such as dough mixers, dough modelers and breading machines
In the coming years, the purchase of machines such as these, which will shorten production time, will guarantee the quality of all savory foods and dramatically increase hygiene in the process.
And businesses that have automated processes will surely be one step ahead of those that don’t. They will be able to satisfy all consumers’ needs. Finger food machines are essential tools for those who wish to produce to go packaged finger foods.
Be very aware of these three trends for the salty market! We are sure your profitability will soar!
