Despite Woolworths, Coles and now even ALDI dropping their own-brand white bread prices to outdo one another, specialist stores such as Bakers Delight aren't under threat, according to a new report from Roy Morgan.
The AFGC has welcomed the Industry Innovation and Competitiveness Agenda's strong focus on boosting industry competitiveness.
Price wars represent one of the most severe forms of competitive interplay in the market place, often leading to great losses. Retailers suffer losses in terms of margins, consumer loyalty and an inability to pull out of the downward cycle.
Global demand for internationally traded dairy products is now dominated by China. Although Australia has benefited from this, with annual dairy exports to China now worth over A$500 million, the growth has been much slower than what New Zealand has achieved.
The OISCC has proposed three changes to the National Standard for Organic and Bio-dynamic Produce to give the standard more clarity and bring it into line with international organic standards. The proposed changes affect conversion periods, testing and poultry.
Global demand for dairy is set to overtake available supply in the next decade, according to the 7th Tetra Pak Dairy Index. The report shows a widening gap between developed and emerging dairy markets across the globe.
While Australia is well known for its considerable grain and livestock production, lesser-known emerging industries also play a vital role in Australia's agricultural sector. These industries have been valued at approximately $912 million.
Globally, sales of snack foods reached $374 billion in 2014, according to a new report. Europe and North America account for the majority of worldwide sales, but snack sales are actually growing faster in developing regions than in these established markets.
Coles has been slapped with a 3-year ban on advertising its bread as being freshly baked in-store. The ruling comes after revelations that some of its 'fresh' bread products were in fact par-baked months before being shipped frozen and 'finished' in Coles stores.
An industry-led proposed code of conduct for the grocery sector has been welcomed by the ACCC. However, the commission has called for enforceability and coverage issues to be discussed before a conclusion is reached.
The Japanese packaging industry grew to just shy of US$60 billion in the 2013 financial year. In FY2013, the Japanese packaging industry grew by more than 2% from FY12 to reach ¥6.049 trillion, representing 1.27% of the national GDP.
The past decade has presented a host of difficulties for Australia's wine-production industry; however, brighter times may be ahead.
While other nations have successfully reduced their sodium intake, Australians are still eating too much salt. It's time for the Commonwealth government to get tough on the food industry to reduce the salt content of processed foods. So, what's the best way to make this happen?
Twenty-six international companies have already confirmed their places at AUSPACK 2015, organisers say. The 2015 event is the 30th anniversary of AUSPACK.