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Innova identifies purity, authenticity and sustainability as the buzzwords of 2012
Innova has identified ten key trends it claims will impact the food and beverage market this year and into the future.
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Space in the functional foods market for joint health products
Joint health products are still concentrated in the dietary supplement market. Joint health is underdeveloped in the functional foods arena, where most of the product launches are for pets.
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Chilled food market hots up
The freshness and convenience of chilled food is appreciated by consumers who are increasing their purchases of complete ready meals, fresh pizza and pasta that only need to be baked or cooked, packaged sandwiches, kitchen-ready cleaned vegetables and salad preparations, smoothies, cut and portioned fruit, freshly pressed juices and ready-to-eat salads.
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Market predictions for the Australian beef industry
The longer-term outlook for the Australian beef market looks promising as drought continues to affect our major competitor, according to Rabobank’s latest report.
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Pallet movements used to create a new economic indicator
A new economic indicator, the AFGC CHEP Retail Index, provides unique insight into the performance of the Australian retail market.
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Drivers of consumers’ food purchasing decisions
Taste is still the major driver in food purchasing decisions in the US, but price is not far behind. Another insight, which may be relevent to the current junk food advertising to children controversy in Australia, is that while two-thirds of food purchase decision makers were interested in healthfulness, they claimed the higher prices of healthier options limited their selection.
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What consumers worry about
According to a recent Eurobarometer survey, European consumers who are concerned about possible food-related risks tend to worry more about chemical contamination of food rather than bacterial contamination or health and nutrition issues.
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The future of organic products: brands or retailer private labels?
The word "organic" on a label is no longer a guarantee of commercial success. As the organic market matures the question is now whether the market will be dominated by brand names or by private label brands.
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More consumers turning to organic foods
A US survey indicates that consumers, especially baby boomers, are changing their food purchasing habits. Fats, cholesterol and added sugars are being rejected and the move towards higher organic consumption is continuing.
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Average drop of 6% in US food industry salaries
A survey of the salaries of US food and beverage industry workers has revealed an average drop of 6.3% in the past year. At the same time, forecasts for capital spending in the industry are up 19.3%.
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Ten packaged goods trends for 2010
Animal lovers have something to cheer about in 2010 as market research firm Datamonitor predicts a banner year for products sporting the ‘free-range’ moniker as a growing number of food companies will be hailing humanely raised protein products. 2010 is also expected to be a big year for a new generation of biodegradable plastics that may succeed in greening the image of plastic water bottles.
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Economic snapshot of the food and grocery sector
Australia’s food and grocery sector is comparable in size to the Australian mining industry, according to one of the findings in KPMG's comprehensive investigation of Australia's fresh and processed food, beverage and grocery industries.
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What ever happened to freedom of choice?
Should the NSW state government ban the sales of commercially bottled water or should consumers have the right to choose what they want to drink?
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Five growth food and beverage markets
Recession-proof food and drink markets often provide comfort/simple foods that can be purchased for a relatively low price. In the US, market research company Mintel has re-forecasted its research reports from the past two years, identifying which food and drink markets are actually being improved in the current market.
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Doubts make consumers more willing to re-evaluate brands
Challenges to brand understanding can lead consumers to doubt their understanding of an established brand, giving marketers the opportunity to reinvent brands.
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The food industry and the next pandemic
A pandemic will devastate the food manufacturing industry with up to 50% workforce reductions forecast. But the industry will still have to supply food to the populace.
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What is Cadbury really up to?
Cadbury is proposing to invest AU$135 million to improve the efficiency and productivity of its three chocolate and confectionery manufacturing sites in Australia and New Zealand. Cadbury’s managing director, Mark Callaghan, reveals details about the thought processes behind the restructure plans.
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The raw materials market
The top priority for food and beverage manufacturers is to develop strategies with the trade and producers for a long-term stable supply and the utilisation of raw materials as efficiently as possible using state-of-the-art technology.
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NZ-China free trade agreement
The historic free trade agreement between China and New Zealand will open up new opportunities for NZ businesses looking to engage with, or grow their existing links with, China. It will facilitate goods and services trade, and investment.
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Product trends expected to make it big in 2008
In 2008, new products that complement a simpler, purer and more natural way of life are set to dominate, according to research from Mintel Global New Products Database (GNPD)
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Food prices are set to rise and to continue to rise
Advances in agricultural productivity have minimised food price rises for the last couple of decades. However, this is all starting to change
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Is homicide a risk in your food plant?
Workplace safety — it's a must-have criterion for every food processor. But accidents and injuries do happen — here is a quick look at workplace fatalities in the United States in 2006
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Dairy research pays off
The milk composition of each of the four-million-odd cows making the NZ dairy herd was screened in 2000-2001. A single cow, Marge, was thoughtfully purchased for $300 when it was found that her milk was particularly low in saturated fat
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Bashing and the food industry
In August, the annual Variety Bash will motor its way around diverse parts of Australia from Garden Island to HMAS Bathurst in Darwin, raising money for sick, disadvantaged and disabled children
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One size doesn't fit all in the global food economy
Through its series of studies, ACNielsen has identified some over-arching key global trends relating to consumer purchases in food and beverages over the year from mid-2005 to mid-2006
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Datamonitor report: Hot drinks in Australia to 2013
Sales of hot drink products in Australia surpassed $1350 million in 2008 and are expected to be worth $1473 million in 2013, with the coffee category accounting for the largest share followed by tea, according to Datamonitor’s report Hot drinks in Australia to 2013. The biggest growth in coffee is coming from out-of-home consumption with more and more consumers adopting the idea of cafe culture. In the tea category, consumers are showing increasing interest towards specialty tea segments such as green tea and herbal tea due to the perceived health and wellness benefits.
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Baked goods with cranberry
In 2007, Mintel reported 900 new cranberry product launches and 223 introductions in the first quarter of 2008.
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Woolworths to increase its private label offerings
Woolworths Supermarkets has outlined a five-year plan to double its customer take‐up of own brand products.
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Food and grocery reforms vital for future of industry
No policy reforms in Australia’s food and grocery sector will see the industry become less competitive by 2020.
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ACCC watches use of market power
ACCC will closely watch use of market power, according to its chairman.
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Australian food and beverage industry at risk of segmenting
Australia’s food and beverage industry could see a split in the market, with small businesses being squeezed out, unable to compete with pricing.
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Boom in bone health
Dairy products marketed on a bone health platform have become increasingly sophisticated in recent years.
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Harvest complete for 2011 extra virgin olive oil
Australian olive oil harvest for this year has come in slightly below expectations, according to Australian Olive Association.
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Slow first quarter for retail
Retail trade is likely to slow down according to the AFGC CHEP Retail Index.
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Global liquid dairy products on the rise
The rising tide of prosperity and urbanisation in Asia, Africa and Latin America is said to fuel growth of LDP demand, according to the fourth Tetra Pak Dairy Index.
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Tetra Pak forecasts rise in dairy product consumption
Tetra Pak forecasts a rise of around 30% in global consumption of milk.
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Bad data may cost grocery sector $1.035 billion
A GS1 Australia report reveals that retailers are working with data that is inconsistent more than 80% of the time.
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Rising food prices are changing what we eat, according to Oxfam
Australians and people around the world are changing what they eat because of the rising cost of food.
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Budget menu for food policy
The Australian Food and Grocery Council (AFGC) said it is disappointed that the federal government didn’t allocate any new funds for a National Food Plan in the 2011-12 Budget.
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Top ten health trends in food launches in Europe
Health claims continue to be a marketing strategy in many new food launches. Innova lists the Top Ten in Europe.
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Carbon tax to put too much pressure on food and grocery manufacturers
The Australian Food and Grocery Council is warning that the proposed carbon tax will put even more pressure on food and grocery manufacturing by increasing its cost.
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Merck Millipore’s solutions for life science research
Merck Millipore was launched in January 2011 and it offers solutions that enable scientists to better conduct life science research, by being divided into three units: Bioscience, Lab Solutions and Process Solutions.
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Select Committee to investigate future of Australia's food processing sector
The AFGC welcomes a Senate motion to establish a Select Committee to investigate the competitiveness and future viability of Australia’s food processing sector.
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Dairy market report released
Dairy Australia's 2011 Situation and Outlook Update report has been released saying climate is still a challenge for farmers.
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Decline in Japanese alcoholic beverages
The Japanese alcoholic beverages sector has been on a steady decline and is expected to reach $44.72bn by 2014 compared to $48.75bn in 2009, according to the new research by Datamonitor. Several factors are affecting the sector and driving trends in this market
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Global food prices reach record high
Food prices around the world surged to a new historic peak in January, for the seventh consecutive month, the United Nations Food and Agriculture Organization (FAO) reported today, adding that the prices are not likely to decline in the months ahead.
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Banana prices following Cyclone Yasi
The recent cyclone in Far North Queensland has caused substantial damage to banana crops, which will severely affect availability and prices in the weeks and months to come.
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Demand for fruit juice in Chinese market
Rapid urbanisation in China has not only led to improved lifestyles but also sparked a trend of health consciousness.
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Mintel reveals consumer packaged goods trends for 2011
Consumer packaged goods trend predictions for 2011 have been released by Mintel.
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World demand for food safety products to reach $13.6 billion
World demand for food safety products - including disinfection and diagnostic products, smart labels and tags, and software and tracking systems - is projected to rise 8.1% per year to $13.6 billion in 2014.
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Innovation may be key for food processing industry
Global demand for nutritious, sustainable food is set to double by 2050 and the government is helping the food industry keep pace.
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Rising imports hurt food and grocery sector
Australia’s $102 billion food and grocery industry remains the nation’s largest manufacturing sector but is under intense pressure from rising imports and falling exports, according to a report by the Australian Food and Grocery Council (AFGC) and KPMG.
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Australian beer sales decline
Research released by Nielsen and Citi has revealed that beer sales in Australia recorded volume declines for the eighth consecutive month in August 2010. With beer drinkers in the country increasingly opting for quality over quantity, not only are major brands at the mercy of microbreweries, but the category in general risks losing share to other alcoholic drinks.
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Making the most of the Middle East
The Victorian Government Business Office in Dubai has announced that the Middle East is set to become a major export destination for Victorian food and beverage companies in the next decade.
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Invest in Australian research first say farmers
Unless we ramp up our research and development effort as part of a coordinated national strategy encompassing food and regional Australia, we will be a world follower rather than a world leader, ignoring growing community concerns on issues of food security, according to National Farmers’ Federation (NFF) President David Crombie.
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Nestlé to invest in R&D centre in India
Nestlé is to establish an R&D centre in India that will focus on popularly positioned products that will offer lower-income consumers high-quality, nutritionally enhanced products at affordable prices.
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Exponential growth forecast for Chinese processed food market
Changing consumer preferences in China are driving exponential growth in the Chinese processed food industry.
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Emerging food and beverage trends in the Asia-Pacific region
Chocolate that aids oral health and acts as an appetite suppressor is among the product trends appearing in Australia and New Zealand.
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Asia-Pacific cakes and pastries market to be worth $35.2bn in 2013
7.6% growth between 2008 and 2013 will see the Asia-Pacific cakes and pastries market worth more than $35 billion in 2013.
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Food additive demand in the US to be worth $8.5 billion by 2014
Following 3.5% annual growth, the US food and beverage additive market is forecast to be woth US$8.5 billion by 2014.
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Milking opportunities: new market for Victorian dairy producers
Milk from Gippsland and cheese from the Yarra Valley may soon be seen on supermarket shelves in India following the release of a Victorian government report into export opportunities in the lucrative Indian dairy market.
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Most of the globe ate out less in the third quarter last year
Foodservice usage in France, Germany, Japan, Spain, UK, Italy, US and China declined in the third quarter last year, according to research from The NPD Group. Canada was the only country monitored that bucked the trend.
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How US food processors have reacted to the GFC
The food industry in the US has responded to the global financial crisis by implementing efficiency improvements and going ‘green’.
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Sold-out products influence consumer choice
By creating a sense of urgency, empty store shelves make shoppers more likely to purchase items.
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Mobile commerce pilot about consumer food choices
A mobile commerce application is being used to investigate whether consumers will make healthier food choices if they scan nutrition barcodes while shopping.
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Active and intelligent packaging demand
The uptake of active and intelligent packaging in the foods, beverages and pharmaceuticals industries is expected to continue to increase as manufacturers take advantage of the smart packaging benefits.
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Global aseptic packaging market
The world market for aseptically packed products amounted to 86 billion litres in 187 billion packs during 2008, according to the new Global Aseptic Packaging report from food and drink consultancy Zenith International and packaging experts Warrick Research. Volumes have grown by over 6% a year since 2003, with Asia achieving the fastest rise at over 13% a year.
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High growth for beverage container demand in China
The demand for bottled beverages in China is expected to increase beverage container growth to 298 billion units/year by 2012. Plastic milk containers are leading the charge.
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Lower-income shoppers and private labels
Tough economic times are impacting shoppers in the US where lower-income shoppers are the fastest growing income group.
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UK rethinks its food strategy
Over the next few decades, the global food system will come under renewed pressure from the combined effects of seven fundamental factors: population growth, the nutrition transition, energy, land, water, labour and climate change. The UK has been rethinking its food strategy.
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Healthy platform for yoghurts
A look at the yoghurt launches across the world in 2008 reveals some healthy trends.
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Dairy subsidies reintroduced in Europe
In response to the world slump in dairy prices, Europe is reintroducing export refunds for butter, cheese and whole and skimmed milk powder.
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'Natural' claims ranked first on new food and drink launches in 2008
In 2008, food and drink claims classified as ‘Natural’ — including all natural, no additives/preservatives, organic and wholegrain — were the most frequently featured on new products globally.
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Food manufacturers commit to limit advertising
Nestlé Australia Limited, Cereal Partners Worldwide, Kraft Food Australia/New Zealand, Cadbury Plc, George Weston Limited, Unilever Australia Limited, Coca-Cola South Pacific and PepsiCo Australia have have publicly committed to advertise to children under 12, only when it will further the goal of promoting healthy dietary choices and healthy lifestyles.
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Junk food marketing to children
The Protecting Children From Junk Food Advertising (Broadcasting Amendment) Bill 2008 is unnecessary, according to the AFGC, because the food processing industry is introducing its own Responsible Children’s Marketing Initiative on 1 January 2009.
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Organic market set for stunted growth
In the UK, organic food is set to slip down the pecking order as cash-strapped Brits hunt down cheaper alternatives. Will the Australian and New Zealand markets follow suit?
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More are going organic
A recent Newspoll survey has found that 61% of Australian grocery purchasers buy some organic products.
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Flavour trend predictions for 2009
Looking ahead to 2009, Mintel forecasts that manufacturers will reach for exotic fruits and fresh, soothing flavours with a touch of spice to jazz up their new products.
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The global milk drinks market
A new market research report from Zenith International is very positive for the Australian and New Zealand dairy industries as growth in Asia continues to boom.
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Bottled water is still a viable market
Everyone's still drinking bottled water and the market in Australasia/Asia is still continuing to grow.
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Beverages meet beauty
A new market for functional beverages may be opening up on cosmetics counters.
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Glass still implies luxury
Glass is maintaining a niche against newer packaging products, such as PET, metal and paperboard. Glass is still associated with premium quality and superior barrier properties.
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The key to consumer preferences
The configuration of the choice set alters consumer preferences.
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Not that Yalumba
A recent NSW drug investigation, titled Operation Yalumba, has nothing to do with the winery.
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Who'll kiss Hershey now Wrigley and Mars have agreed to merge?
As Wrigley throws off the shackles of being a public listed company via its merger with Mars, Cadbury is now the main bidder for Hershey.
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Australia’s food price inflation fuelled by global shortage and rising supply chain costs
Australia’s latest official inflation figures show food prices continued to rise strongly in the March quarter, as consumers felt the sting of rising supply chain costs, local product shortages and a global shortfall of critical food staples, according to international food and agribusiness banking specialist Rabobank.
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Searchable Australian patent database
IP Australia has created a searchable database of the Australian patents lodged and granted since 1979.
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158.7 billion packs of instant noodles by 2010
According to a report by Global Industry Analysts, the world instant noodle market will reach 158.7 billion packs a year by 2010.
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Patenting in the food and beverage industry
Food companies took six of the top 10 positions in the Food, Beverages and Tobacco Patent Scorecard during the last quarter.
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Organic growth for Nestlé
Nestlé's strategic reorientation to nutrition, health and wellness is yielding benefits.
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UK market responds to artificial colouring concerns
UK food and beverage manufacturers have committed themselves to removing artificial colours from their products by the end of 2008, in reaction to a recent study that linked artificial colours to increased hyperactivity in children.
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Record-breaking number of new products flood shelves
In 2006, a record-breaking barrage of new products flooded store shelves, according to the Mintel Global New Products Database (GNPD).
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Food brands under attack
Many food and beverage manufacturers will only survive if they can move their brands from the first era of branding to at least the second and possibly the third era of branding, according to Professor David Thomson, speaking yesterday at the Australian Institute of Food Science and Technology Inc (AIFST) 40th Anniversary Convention in Melbourne.
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Food enzymes face a competitive market
While the performance benefits of enzymes are increasingly being acknowledged by food product manufacturers, enzyme suppliers still have to contend with price pressure and intense competition while at the same time delivering quality customised solutions and service, according to a report on the food enzymes industry.
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Drought flow-on affects prices
National fresh food producer Mrs Crocket’s Fast & Fresh is the latest to be affected by the increasing toll of rising produce costs with a drought levy to be introduced in the new financial year after a year of dutifully trying to cover the increases internally.
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Marketing influences the sale of fast food
Marketing may influence how often parents feed their children fast food, according to a study by Sonya A. Grier, an associate professor of marketing at American University’s Kogod School of Business.
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New NSW wine region
'New England Australia' has just become the latest officially recognised Australian wine region.
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Chicken prices set to skyrocket
The Australian Chicken Meat Federation (ACMF) has warned that consumers can expect a significant price increase on chicken meat in mid-November, due to a continuing shortage of grain.
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Australian organic exports to gain boost over cloned meats
Australian organic meat exporters say their business could be bolstered by the US Food and Drug Administration’s recent decision to approve the consumption of food from cloned animals and their offspring.
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Australians not eating enough grain
A national consumer education campaign promoting consumption of at least four serves of grain-based foods a day for optimum health was launched this week in Sydney.
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Strong demand for Australian dairy in Asia
Demand for Australian dairy products is expected to remain strong throughout key Asian export markets despite commodity prices increasing during the past 12 months.
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Kraft sued by Proctor and Gamble
Procter & Gamble (P&G) has filed a patent lawsuit against Kraft Foods, over a dispute on some new packaging for Kraft’s Maxwell House coffee brand.
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Campylobacteriosis overtakes salmonellosis in the EU
In 2005, campylobacteriosis overtook salmonellosis as the most reported zoonotic disease in humans in the EU.
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The impact of GM canola on organic industries
Commercialisation of GM canola in Australia is likely to have only negligible direct impacts on the organic canola, livestock and honey industries, according to a report released by the Australian Bureau of Agricultural and Resource Economics (ABARE).
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Logistics mentoring in NSW and Vic
After five years of success in NSW, the LAA/APICS Mentoring Program is expanding to Victoria in 2008.
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Energy drink market booming in NZ
New Zealand is in contention to be one of the top five consumer countries for energy drinks, while the US market rockets into first place, according to the latest report by global drinks consultancy Zenith International.
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Dining in tops food trends in the US
Dining in tops food trends in the US Today’s diners put home cooking as the number one meal of choice, according to the latest Top 10 Food Trends in the US, published in Food Technology magazine.
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Rockwell Australia chief targets closeness with food and beverage sector
Rockwell Automation Australia’s new general manager, Don Werner, has signalled imminent change within his group, in an effort to assist the Australian food and beverage sector through what he predicts will be challenging times in 2007 and beyond.
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Commodity price pressures have cost impact on sweet treats in ANZ
A combination of local and global pricing pressures on a range of ingredients means that confectionary is likely to cost more in the near future.
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Coles against GE food crops
Supermarket giant Coles has joined industry leaders in speaking out against genetically engineered (GE) food, as the Victorian government looks set to announce the lifting of its ban on the commercial growing of GE food crops.
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