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mixed trends affect growth in functional foods
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eastern europe offers growth momentum, report
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political and economic stability in eastern europe makes an attractive proposition for food and drink manufacturers, according to leatherhead, especially as western european markets are marked by maturity and recession. although there have been some tensions in the eastern european region in recent months – such as the disputes between russia and georgia and between russia and ukraine, elsewhere the situation ahs been relatively stable. as all countries are now operating as democracies, they make for more attractive investment propositions for firms with their headquarters elsewhere. moreover, tight regulations that held markets in their grim in the past have now eased off, which makes it easier for foreign retailers to establish a presence. according to the new report from leatherhead food international, called emerging european food markets , government agencies have actively encouraging investment in their food industries. the report contains good news for international firms that have already made the move east, including the likes of nestle, unilever and kellogg; global ingredients firms have also been building presence in the east, so as to supply their multinational clients on the ground and develop new clients in the domestic market. and as economic gloom settles over the eurozone is even affecting foods – traditionally seen as ‘recession-proof’ – high growth in emerging european markets could prove an important counter-weight. east v west despite western european markets seeing modest growth and europe as a whole retaining a 43 per cent share in the global food and drinks market, the report says that europe “has held onto its dominant position as a result of the strong growth witnessed recently in many of the region’s central and eastern countries”. russia is a particularly good example of growth. leatherhead values its market as worth around €160bn in 2007 – an increase of around 45 per cent on 2005. affluence amongst consumers could push it beyond €200bn by 2010. on a global scale, as international brands and retail chains move into the market, the prediction is that central and eastern europe will increase its share of total food and drink expenditure in the years to come. growth categories the new report from leatherhead also gives an insight into the kinds of foods that are likely to see market growth in the eastern european economies. dairy foods are identified as products with high potential across the whole region, and soft drinks and convenience foods also score highly. non traditional food stuffs are becoming more popular with eastern european for a number of reasons, including higher disposable incomes, more branded goods from overseas, and increased tourism outside of the region. the new report is available from leatherhead food international .
Source :Food Ingredients Food Science - Additives, Flavours, Starch
Date :
15
January
2009
Category :
Codiments And Desserts
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a new report from market researcher reporlinker, “opportunities in nutritional management: food and drinks to aid disease recovery market,” reveals which new functional food and drinks ingredients and products, by disease, are most likely to play a role in nutritional management in the future through reviews of the latest scientific research. the report defines a hot growth area of the market which is currently largely overlooked by food companies and clinical nutrition players, and identifies, sizes and forecasts the patient populations for key diseases in which nutritional management can play a key role in aiding recovery or provide ongoing disease management.
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the european market for diet foods is likely to grow steadily over the next few years as the population continues to grow heavier and more out of shape, according to a new report from market analysts datamonitor. the persistent media image of the ideal body has made consumers more conscious of their own figure, the report suggests, in turn fuelling the growth in the dieting market. but it is about more than just losing weight, datamonitor suggests - people are now keen to hone and tone their bodies as well, and this impetus should push the value of the diet market to something in the region of €96 billion by 2006, the report predicts.
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the uk and us are forecast to remain at the centre of the growing global market for online grocery retailing, new research has shown, as new technology continues to change the way consumers shop. a report published this week by just-food.com shows the uk will remain europe’s largest market by some distance. by 2014, market value is forecast to reach gbp20.1bn (us$30.9bn), having more than tripled on the levels seen in 2009.
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new superfruits, “free range” products and gluten-free food are among the packaged goods trends to watch out for in 2010, according to market research firm datamonitor. among ten emerging trends expected to blossom are new generation superfruits like baobab and borojo, a renewed “back to basics” approach when it comes to product ingredients and a ‘greening’ of the image of plastic water bottles. a more humane world animal rights have emerged as a growing worldwide concern as consumers want to know more about how the foods they eat were raised and prepared.
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cognis has expanded its sterol ester plant in germany, enabling the global chemicals supplier to produce the functional foods ingredient in a finished form without any further processing needed. one of the main requirements for functional food ingredients is that they do not have an unintended impact on the sensory properties of the finished product. previously, cognis was producing vegapure plant sterols that still had an odour.
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food conglomerate nestle has emerged as the favourite to win a multi-billion auction for american chocolate icon hershey foods although investors took a cautious approach to reports a firm offer was already on the table. analysts and bankers expect nestle, the world food and drinks leader, to bid aggressively for the famed maker of hershey's kisses in order to cure its weak position in the us confectionery market.
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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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