Higher prices for eggs - both real ones and those made from
chocolate - are unlikely to deter US shoppers from celebrating
Easter as they always have done, according to research from
Nielsen.
Frozen desserts manufacturers must continue to develop innovation
to get ahead in this mature but competitive market, according to a
new report from market research publisher Packaged Facts.
Naturex has acquired US-based natural flavour ingredients firm
Chart Corporation, reaffirming the French company's strong position
in the global plant extracts market.
Freshness dates, nutrition facts panels and ingredients lists are
priorities for most consumers when reading product labels,
according to a new report.
Kellogg today said that high commodity costs led to a one per cent
decrease in operating profit during the third quarter, despite a
six per cent increase in sales.
Manufacturers of food and beverage products are expected to start
investing more in shopper marketing strategies, which are widely
thought to increase sales and competitiveness, and build brand
loyalty, according to a GMA report.
Spice firm McCormick has posted increased sales in its industrial
business for the third quarter, but these were largely driven by
price increases as the company struggled to offset rising costs.
As Hispanic consumers in the United States become more
acculturated, they are less likely to remain loyal to specific
brands, according to The Nielsen Company.
A new consumer survey aims to help manufacturers understand why
shoppers buy the same brand of products such as coffee, soda and
mayonnaise, but different brands of chocolate and smoothies.
Kraft may be selling the US based cereals business for as much as
$3bn (€2.2bn), because of pressure from new legislation in regards
to advertising to children, according to a report by the Wall
Street Journal.
Hort Research has identified the stress reduction market as a
target consumer segment for its fruit research and development, and
aims to design product concepts specifically for mothers.
Syngenta is to acquire a 49 per cent take in Chinese seed company
Sanbei with a view to jointly developing corn seed products to meet
growing demand driven by changing food patterns and agronomic
trends.
The US Hispanic population forms a core consumer base for drinks
giant Cadbury Schweppes, which is confident this segment will drive
growth amidst a general environment of declining soft drinks sales.
DSM Nutritional Products is emphasising quality as the crucial
point of differentiation between the vitamin C it produces in the
green hills of Scotland - now known as Quali-C - and cheaper
material from Asia.
In 2006, Datamonitor categorized the mangosteen juice category as
one of the top ten trends to watch in its online ProductScan, but
according to manufacturer and marketer Xango, the category is here
to stay.
Consumers are increasingly seeking control in their lives, a desire
that has come to manifest itself through people's food and beverage
product choices, according to an overview of market research.
Sales of smoothies in the US have rocketed over the past five
years, but manufacturers must continue to develop innovative
flavors in order to keep consumers engaged, according to a new
report by Mintel.
A new genetically modified corn is to become available in the US,
after the variety was approved by the nation's Environmental
Protection Agency (EPA).
Leading spice firm McCormick has reported a dip in its fourth
quarter and full year financial results, with profits weighed down
by restructuring charges.
A new wine flour manufactured from grape skins claims to allow
manufacturers of baked goods, pasta and snacks to naturally fortify
their products with healthy fatty acids and fiber.
A new sweetener supplier in the US claims to allow food and
beverage firms to access ingredient supplies from low-cost
manufacturing countries while maintaining Western standards of
quality and service.
Ingredients firm MGP has seen first quarter sales increases on the
back of a good performance from its distillery products, but the
firm's food ingredients segment continued to be unprofitable.
Advitech announced its first significant sales of psoriasis
supplement Dermylex have propped-up financial results for its third
quarter ended September 30, 2006.
Food and beverage manufacturers may soon be required to disclose
detailed information on their marketing activities and expenditures
targeted toward children and adolescents, the Federal Trade
Commission (FTC) has said.
After the recent boom of cereal and granola bars in the US, sales
of these products are expected to slow over the next few years,
according to a new report. However, opportunities for growth still
remain, particularly through targeting...
The increasing trend by packaged goods firms to outsource their
sales and marketing is expected to grow even further within the
next few years, driven by the ability of external food brokers to
find ways to reduce costs and improve...
Food manufacturers are not exploring the full potential of the baby
boomers market, according to a new report, which says that
companies need to understand that this is not one homogenous group
and adapt their products and marketing...
Consumers are increasingly seeking out private label products that
are unique with improved marketing and packaging, according to a
new report, which claims the US market is ready to see more private
label.
Merchandising, a critical tool in the marketing of packaged goods,
is set to undergo a significant transformation, resulting in
competition for display and feature ad space intensifying, claims a
new report.
Frozen food manufacturers should focus on higher-quality,
better-for-you options in order to boost the performance of the
slow-growing category, which is increasingly threatened by fresh
foods, says a new report.
Eight out of the world's top 10 food brands now target children
through online marketing, prompting a discussion into current
self-regulatory guidelines.
A new version of the popular sweetener product Splenda is to hit
the retail market, a move that suggests its marketers are stepping
up efforts to cement the brand in consumer consciousness before the
inevitable arrival of alternative...
Wellness, convenience, quality and organics are the key areas that
leading soup maker Campbell is focusing on, the firm told
FoodNavigator-USA.com, as it reports better than expected third
quarter results.
Retailers must be quick to accept and quick to discontinue new
products if they are to succeed in the changing retail landscape,
according to a new report.
A federal court has dismissed a lawsuit brought by McNeil
Nutritionals, the marketer of Splenda, against the Sugar
Association, accusing it of false advertising.
UK company Multiple Marketing has developed a new range of
functional cereal bars in an attempt to cash in on the increasing
demand for nutritionally beneficial and innovative wellness
products that deliver functional health benefits.
The Sugar Association has filed a petition with the Food and Drug
Administration (FDA) requesting the establishment of a clear
definition for the use of the term 'natural' on food and beverage
product labels.
Archer Daniels Midland (ADM) has launched a multi-lingual website
in a marketing effort to provide international customers with easy
access to information on its product portfolio.
A recent report by Information Resources Inc. (IRI) examines the
health and wellness sectors of the food industry, revealing which
areas are best poised for growth.
Quebec-based Advitech said today it has reached an agreement with
US company PhotoMedex to market and distribute its whey-derived
psoriasis supplement in the US.
Food manufacturers and retailers will be able to tell if a
particular marketing campaign or the introduction of a new product
is likely to be successful by studying the state of the nation's
economy, according to a new report.
A change in attitudes towards branded ingredients amongst
manufacturers means that companies are devoting resources to
communicating directly with consumers. But do consumers really have
the stomach for ingredient brands, or do they...