When you hear the term “consumer trends,” fashion is first to come to mind. For example, teen retailer Abercrombie & Fitch (NYSE:ANF) looked outdated most of the year (until this week’s bump), while luxury line Michael Kors (NYSE:KORS) took the runway — and Wall Street — by storm.
Food, on the other hand, often is seen as a staple — a steady necessity for consumers, far from the fickle world of style and seasons. But consumers still make and follow patterns when it comes to what they crave, which means the popularity of different foods comes and goes in waves.
As the New Year quickly approaches, some foods will soon find themselves tossed out as their tastes become so last year — and other consumables will rush to fill that void.
Let’s take a look at which companies could benefit from food trends expected to take hold in 2013: