The latest superfood trend is… sea moss?
The Signal: Interest in Irish moss has recently re-emerged as it has built up its reputation as a superfood. This superfood trend has gathered steam alongside the COVID-19 pandemic and will likely remain popular moving forward, as an age-old remedy for many ailments, chief among them: respiratory illnesses.
Irish Moss (or “Sea Moss”) is a seaweed commonly found in the North Atlantic. Its main extract, Carrageenan, is used in everything from pharmaceuticals to pet food to fire-fighting foam. Now, growing interest from a niche group of health-conscious consumers has relaunched this seaweed as a superfood (though its medical claims are not proven).
While its recent resurgence was initially driven by a shadowy conspiracy theory (see the “meta-signal” below), coverage by YouTube creators and a celebrity mention from Kim Kardashian have propelled interest, with more than 55k exact match searches for “sea moss” and 21k searches for “Irish moss” on Amazon last month, an increase of 259% according to JungleScout.
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The alternative milk market is getting frothy
The signal: As more people wave goodbye to dairy, alternative milk is slowly taking over; it has already cornered 13% of the market. With the exception of soy milk, all of the alt-milks have been on the up, with some of the newer entrants including hemp milk and pea milk. Other alt-products are getting attention, including cashew cheese, with 18100 searches per month.
Capitalizing on the Airpods market, making more money than Shopify
The signal: Since killing the headphone jack, Apple has graced the world with AirPods, which did an estimated 60m units in 2019. That means AirPods alone are bringing in approx ~$10b in revenue, more than Twitter, Shopify, or Spotify, to name a few popular tech giants. Opportunity lies in Apple opening up SiriOS or the wave of iPhone accessories (including cases, cleaning kits, hooks, and keychains) which have shown “hockey stick” growth alongside their hardware predecessor.
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