Hershey: China will be our #2 market behind the US in 5 years
China will be the number two market behind the US for Hershey within five years, predicted senior executives at the Consumer Analyst Group of New York (CAGNY) conference yesterday.
Archives for February 21, 2013
Special edition: Omega-3
Finding the sweet spot in the algal omega-3 market
Most experts say we have barely scratched the surface when it comes to exploring the commercial potential of microalgae. But who is best-placed to translate this promise into hard cash in the food and dietary supplement market?
Oregon lawmaker plans to introduce federal GMO labeling bill
Rep. Peter DeFazio, D-OR is working on a bill that would make the labeling of foods containing genetically modified organisms a matter of federal law, a spokesperson confirmed yesterday. If passed, the bill, which is still in its early formative stages...
Meet the needs of upscale shoppers, and growth will follow, says Hartman Strategy
It might sound counter-intuitive given the lackluster state of the economy, but food manufacturers most attuned to the tastes of a small but powerful group of affluent and educated ‘upscale’ shoppers are the most likely to succeed in the US food retail...
FEBRUARY 2013 COMMENT
Weight in gold or waste of space? Celebrity beverage brand ambassadors
Whether it’s the latest starlet bouncing round in a boob tube, or that bad boy musician who swops his rap records for raki, there’s no doubting that celebrity endorsements are big business for the beverage industry
PCA officials indicted in salmonella outbreak
Four former officials of the Peanut Corporation of America (PCA) have been indicted on charges relating to the contamination of peanuts with salmonella in 2009, according to the US Justice Department.
Beyond color & flavor: Akay introduces Spiceuticals range for functional foods
India’s Akay Group believes it has made a “breakthrough with spices” and it tries to move the ingredients beyond flavor and color into health and wellness.