Nestlé to invest in R&D centre in India
24 September, 2010Nestlé 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.
Exponential growth forecast for Chinese processed food market
20 August, 2010Changing consumer preferences in China are driving exponential growth in the Chinese processed food industry.
More consumers turning to organic foods
19 August, 2010A 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.
Emerging food and beverage trends in the Asia-Pacific region
23 June, 2010Chocolate that aids oral health and acts as an appetite suppressor is among the product trends appearing in Australia and New Zealand.
Asia-Pacific cakes and pastries market to be worth $35.2bn in 2013
09 June, 20107.6% growth between 2008 and 2013 will see the Asia-Pacific cakes and pastries market worth more than $35 billion in 2013.
Average drop of 6% in US food industry salaries
09 June, 2010A 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%.
Datamonitor report: Hot drinks in Australia to 2013
03 May, 2010 bySales 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.
Food additive demand in the US to be worth $8.5 billion by 2014
04 March, 2010Following 3.5% annual growth, the US food and beverage additive market is forecast to be woth US$8.5 billion by 2014.
Milking opportunities: new market for Victorian dairy producers
21 January, 2010Milk 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.
Ten packaged goods trends for 2010
13 January, 2010Animal 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.
Most of the globe ate out less in the third quarter last year
13 January, 2010Foodservice 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.
How US food processors have reacted to the GFC
19 November, 2009The food industry in the US has responded to the global financial crisis by implementing efficiency improvements and going ‘green’.
Economic snapshot of the food and grocery sector
29 October, 2009Australia’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.
Sold-out products influence consumer choice
01 October, 2009By creating a sense of urgency, empty store shelves make shoppers more likely to purchase items.
Mobile commerce pilot about consumer food choices
25 August, 2009A mobile commerce application is being used to investigate whether consumers will make healthier food choices if they scan nutrition barcodes while shopping.
