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food and drink prices on the rise
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prices for food and drink have risen sharply in the uk over the last year, in a sign that higher input costs are increasingly being passed down the supply chain. food and drink prices rose six per cent in the uk in the year up to april, more than double the rate of inflation, according to a report by the organisation economic co-operation and development oecd's. the rise adds more evidence that tighter supplies of raw materials and higher energy costs are slowly finding their way through to the consumer. food prices across the oecd's 30 members rose by an average 3.6 per cent during the year, also including a 12 per cent rise in hungary and a 13 per cent rise in turkey. in the uk, soft drinks, fruit and vegetables and milk have been some of the most affected products. liquid milk in supermarkets was around 15 per cent more expensive this may compared to the same period last year, according to new figures from the milk development council. several analysts have predicted more food price rises around the world in the future, as manufacturers' packaging and energy bills continue to soar on the back of high oil pirces. increasing demand from emerging markets such as china and india is also spreading resources more thinly. there is concern too that calls to convert agricultural land from food to biofuel production will exasperate the situation. and poor harvests and weather, such as the record-breaking drought in australia, have added extra costs to some food and drink producers. dutch brewer grolsch warned recently that it faced "steep increases" in prices for malt and hops this year, because there was not enough quality produce available. similar cost rises are faced by british brewers this year, according to mark hastings, of the british beer and pub association. he told beveragedaily.com earlier this year that some costs may have to be passed on to consumers. more than a quarter of uk manufacturers expect consumer goods prices to rise over the next three months, according to the confederation of british industry. a spokesperson for the uk food and drink federation said consumer price rises were difficult to predict, however. "from a manufacturer's point of view, energy and raw materials prices are all going to affect the food price you see." she said that higher costs had to be passed on to consumers "in some cases".
Source :Food Ingredients Food Science - Additives, Flavours, Starch
Date :
31
May
2007
Category :
food industries Economic
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mello yello, coca-cola’s longtime competitor to pepsico’s mountain dew, is channeling the spirit of 1979 in an attempt to break out of its perennial also-ran status. the new mello yello cans, which began appearing on shelves over the last few weeks, hearken back to the brand’s introduction that year with a pair of green- and light-red l’s “strolling off the edge of the can,” as coke describes it. the somewhat retro look is part of coca-cola’s plan to expand the brand’s distribution beyond its current regional footprint.
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leading food manufacturers and retailers in the uk have committed to reducing the carbon impact of grocery packaging by 10 per cent over the next two years. in the second phase of the voluntary courtauld commitment, 28 leading food companies have agreed to move beyond solely weight-based targets to embrace goals that demand more sustainable use of resources over the entire product lifecycle.
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in a presentation today before a federal trade commission forum, grocery manufacturers association (gma) senior vice president and chief government affairs officer mary sophos outlined new data showing that children today are seeing fewer food, beverage and restaurant advertisements. and the mix has shifted to more ads that promote healthful choices. gma and its members have a longstanding commitment to help arrest and reverse obesity trends around the world, said sophos.
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tetra pak, a food processing and packaging solutions company, has revealed that uk and irish customers will now be able to use the forest stewardship council (fsc) label across the brands. the tetra pak cartons in the uk and ireland can now use paperboard sourced from fsc certified forests and other controlled sources.the company said that this development is first in europe, where a key liquid food and drink packaging manufacturer is able to launch a large scale roll out.
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the sweet spot in the beverage market, long dominated by a handful of major brand lines, has shifted to niche products that target a diverse set of consumer needs, occasions, and benefits.so what consumer needs can today’s beverages profitably quench? according to the a new report from the center for culinary development (ccd) and packaged facts, beverage trends: culinary trend mapping report, two drivers are spurring sales in the beverage market: * better-for-you - the number-one driver in the new beverage landscape, including functional, nutritional boost, and holistic wellness beverages * quality quest - including organic, local, artisan-made, and retro/nostalgic beverages cocktails, for example, are shaking it up again.
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sales in the long-established carbonated drinks segment have been flat to slightly down over the past five years, according to mintel, a leading market research company. during 2003-08, mintel estimates the regular soda segment lost 15.6 million consumers age 18 and over, and the diet soda segment only added half as many, or 7.8 million adult consumers. the chicago-based research company also found 34 percent of all adults who purchase beverages started drinking more water and fewer carbonated beverages to manage weight or other health conditions such as diabetes compared to 2006, as outlined in its "america's changing drinking habits" report (february 2009).
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as beverage groups increasingly look to launch soft drinks that can shake their often child orientated image, analysts suggest that premiumisation, packaging and health claims will be key factors in meeting this demand. however, in the second part of an article looking at opportunities for so-called sophisticated soft drinks, one company believes that taste, above all else, will be the key driver factor in differentiating its product.
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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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dr 
a new study on 