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new zealand invests to facilitate food exports
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new zealand today launched a major initiative to boost its food and beverage exports, including nz$19m earmarked for new market development and a roadmap for innovations. exports play a major role in new zealand's economy, largely because it is an island nation. food and beverages exports are valued at nz$15bn per annum - double the figure for 1990 and now accounting for half of all exports for the country. the new plan, kicked off today by economic development minister trevor mallard, aims to secure the sector's future in new and existing markets, taking existing expertise into new areas and ensuring it can remain competitive by being ahead of the innovation curve. the initiative comprises six projects, the most significant in terms of investment being $19m in additional funding for in-market assistance, to help food and drink companies develop new markets. there is also a focus on improving new product development to help test and develop innovative products, and the development of a food and beverage research roadmap. an audit and mentoring programme aims to increase the business capacity of exporters, and there is to be a focus on raising productivity and sustainability in pastoral industries. new zealand's domestic industries are a strong base for innovation. for example, its dairy commodities industry is the basis for development of high value dairy products. the country has also found ways of tapping by-products core industries and natural resources to provide value-added ingredients, particularly for nutrition and functional foods. for instance, keratec has build a business around extracting keratin for nutritional and cosmetic uses from sheep's wool - a by-product of the farming industry. the grape seed extract company derives its antioxidant ingredient from the marc (the left over parts of the fruit after the juice) generated by the new zealand wine industry. mallard also drew attention to the importance of partnerships. "what is… clear is the strong need for the private sector to think about partnering and collaboration - working with each other and also alongside government agencies and research institutions to help drive growth for food and beverage exports." new zealand has nine government supported crown research institutes with which companies can partner over r&d. these include hortresearch (a specialist fruit science company and new zealand's largest horticulture and food research organization), agresearch, and crop & food research. the new initiative is not the first time that new zealand has focused attention on food and beverage exports. it builds on a report published last year by the 17-person strong food and beverage taskforce called smart food, cool beverage. the taskforce aims to enabled continued growth for the sector at a rate of five per cent per year. combined with a move towards higher-value products, it has identified significant opportunities from high-growth asian markets.
Source :Food Ingredients Food Science - Additives, Flavours, Starch
Date :
10
July
2007
Category :
food industries Economic
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understanding the science of how the human gut functions and the role that diet plays in human health will be explored at a major international functional foods conference in cork, this week. foods have an enormous role to play in keeping people healthy and many foods have properties that can enhance the health of those that consume them. a ‘functional food’ is one that serves a purpose beyond basic nutrition, promoting health or reducing the risk of certain diseases.
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identifying and exploiting natural marine resources for use in foods for health, is the topic for discussion by leading scientists at the teagasc ashtown food research centre in dublin, today, wednesday 14 october. nutramara is a marine functional foods joint research initiative, led by teagasc ashtown food research centre and funded by the marine institute and the department of agriculture, fisheries and food.
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a major open day for the food industry is taking place at the teagasc moorepark food research centre in fermoy, today, 9 june. the open day celebrates 20 years of research at moorepark with exhibitions on research in functional foods, food ingredients, dairy foods and food quality. the interaction with industry for which the centre has achieved a strong international reputation is also being highlighted.
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as 2008 drew to a close, new zealand’s hortresearch and crop & food research merged, as the country aims to stay competitive and innovative. “at a time of global fiscal concern it is essential that we retain our competitive edge by continuing to innovate and add value,” said peter landon-lane, chief executive of the new institute. the combination of the world-renowned research institutes will now be known as the new zealand institute for plant and food research limited, and will trade as plant & food research.
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europe's health food industry has 'under-utilised' the nutraceutical properties of carotenoids and consumers are still unaware of their health benefits, finds report on the $348.5 million (€291.4m) carotenoid market. also this week, frost & sullivan awards new entrant to synthetic beta-carotene segment allied biotech corporation. market research company frost & sullivan says that carotenoids, still used primarily as a colouring agent for the food and feed industries, have only been widely used in supplements in germany.
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in 1926, the commonwealth government created the council for scientific and industrial research, the body that later became csiro. to commemorate the 75th anniversary of this event, several functions were held throughout australia last year. one of these, organised by aifst nsw branch food microbiology group and the australian society for microbiology food microbiology special interest group, presented an historical survey of the work of csiro scientists in food microbiology.
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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