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Value-Driven Protein Choices

Cost-of-living pressures are influencing consumer protein choices, emphasizing value and multi-functional benefits.

Detailed Analysis

Economic constraints are reshaping consumer behavior in the nutrition market. The report highlights that "Continued cost-of-living pressures are forcing consumers to make sacrifices on their everyday essentials and treat items." This price sensitivity is leading consumers to prioritize value when selecting protein sources and seek products that offer multiple functional benefits to maximize their investment. As a result, brands need to demonstrate clear value propositions and offer a range of protein options to cater to diverse budgets and needs.

Context Signals

Broadening selection of protein sources to address price volatility Increased demand for products with multiple functionalities Preference for indulgent flavors as a form of affordable treat

Edge

Subscription models and bundled offers to enhance value perception Emphasis on transparency and traceability to build trust and justify price Development of novel protein sources with improved cost-effectiveness
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TRENDS
Non-medical nutrition products have the potential to be dropped as a luxury, particularly amongst more casual users, so need to ensure they can demonstrate value to consumers!