USDA predicts strong food price inflation as drought continues
The US Department of Agriculture (USDA) is predicting substantial food price increases in 2013, if not sooner, due to the ongoing drought now affecting more than half of all US farmland.
Archives for July 30, 2012
‘Moving into a £2bn category comes with its challenges’: Warburtons Snacks director
Flagship bakery Warburtons dived into the UK’s £2bn snacks arena last year but it is rife with competition and not without its challenges, says Warburtons Snacks director.
IDEX buys Matcon to tap into Asian marketplace
IDEX Corporation has acquired Matcon Group with the aim of increasing their global customer base in one of their fastest growing segments.
Coopland deal saves jobs at Peters’
More than 200 jobs have been saved at UK based Peters Bakery after the firm was bought by Coopland & Son.
International Paper reports Q2 profit slump
International Paper has reported a Q2 fall in operating profits due to continued slow growth in North America and uneven global demand but forecasted a brighter picture for the rest of the year.
Segmentation cues substantially decrease snack intake, says study
Subconscious ‘stop signs’ placed in snack food products could help the battle against obesity by controlling overeating, according to the findings of a new study.
Fibre-rich bakery goods: An on-going industry challenge
On-going quality issues with high-fibre baked goods mean consumer acceptance of such products remains low, despite increased demands for healthy products, say researchers.
Penford R&D to plug soaring reduced formulation bakery demands
Penford Food Ingredients is injecting R&D efforts into allergen reduction and fat replacement formulations amid a soaring, lucrative ‘better-for-you’ US market.
Branding heaven: The sociable, young Indonesian minimarket
Snacks and soft drinks brand owners looking to build traction in Indonesia should target local convenience stores amid a soaring trend for young, wealthy consumers to socialise in this retail space, Euromonitor says.