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the invincibles – recession proof food and healthy eating
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there are fears that in the economic crisis consumers will put on “recession pounds” by eating unhealthily. rightly or wrongly, food manufacturers may suffer the blame but “unhealthy” and “recession proof” do not necessarily go hand-in-hand. and as consumers re-evaluate their spending, knowing which products are likely to be hit hardest could help give food companies a competitive edge. recent analysis showed that consumers are shifting blame for obesity problems in the us on to food manufacturers, saying they should provide healthier products and holding them more responsible than fast-food firms. at the same time obesity and unhealthy eating habits have been linked to low incomes and, as consumers cut back on spending, they are expected to turn to cheaper food options that are high in sugar and saturated fats. this is at the expense of items such as fresh fruit and vegetables. but good value does not necessarily mean high fat or sugar content as manufacturers can offer recession proof products without the recession pounds. for example, the food giant chiquita brands international claimed that bananas are “recession resistant” after analyzing its 2008 results, according to reports last week. its chief executive, fernando aguirre, said bananas are “a staple and a great value compared with other food items”, selling for an average 30 us cents (20p in the uk). in the meat category, figures from a packaged facts report show that chicken is seeing strong growth compared to other meats, as the perception that it is more healthy and affordable appears to be winning consumers over. also niche health markets are expected to ride out the recession because of their “ultra-loyal” customer base, according to new nutrition business. it said that the mass consumer won’t pay a premium in hard times but the health conscious niche will, and welcomes new health concepts that help maintain wellness. on the other side of the coin, chocolate, which has been hailed as virtually immune to recession as people continue to reach for small indulgences, may not be as resilient as once thought. the international cocoa organisation recently warned that the outlook for 2009 chocolate consumption is still uncertain and a likely reflection of this was that cocoa processing margins have been declining in recent months. likewise, in its latest cocoa market report, chocolate and cocoa manufacturer barry callebaut said that “uncertain sales in light of the economic crisis will probably lead to a lower demand for cocoa products in 2009”. other food categories that are expected to be virtually immune to the economic storm include french fries, candy and beer, while those expected to suffer include organics and carbonated beverages. but in an interview the financial post, published last week, wallace mccain who founded the canadian global giant mccain foods, famous for its french fries, said that the basics would be the last to suffer. when asked if french fries are recession proof he gave a resounding yes and said: “the last thing you give up is food. going to the rink you'll give up buying an extra cup of coffee, but you gotta eat.” “i just think if this country goes to hell, we'd be the last one down.”
Source :Food Ingredients Food Science - Additives, Flavours, Starch
Date :
12
January
2009
Category :
Food And Health
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nestlé, the world’s biggest buyer of coffee, will invest more than half a billion us dollars (chf 500 million) in a wide-ranging plan, endorsed by the rainforest alliance, that will address responsible farming, sourcing and consumption across its coffee supply chain. nestlé, which purchases around 780,000 tonnes of green coffee a year, or 10 per cent of the world’s supply, unveiled the nescafé plan in mexico city today.
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the company is set to build new factories in angola, the democratic republic of congo (drc) and mozambique, while also expanding existing factories. nestlé will also increase its distribution capacity in the region by opening 13 new distribution facilities and more than double its work force by creating 750 new jobs by 2012. paul bulcke, nestlé ceo , who announced the investment at a press conference in kenyan capital nairobi, said: “nestlé is committed to unlock the business opportunities and to promote growth in equatorial africa.
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new research does not contradict or change the conclusions drawn in the european food safety authority’s opinion on ochratoxin a (ota) in foods such as cocoa products and liquorice, claims the parma-based agency. ota is a mycotoxin produced by several fungal species of the genera penicillium and aspergillus. animal studies have linked the toxin to renal tumors at high dosages.
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media reports have suggested that nestlé's leading chocolate brand kit kat is set to become fairtrade certified, in a move that would mirror cadbury’s recent move to fairtrade for its dairy milk chocolate. kitkat is the biggest selling chocolate bar in the uk and it sales in that country have risen 8.6 per cent since the start of the year. certification of the brand would certainly catapult the notion of fairtrade into the minds of chocolate consumers.
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announcements of new r&d plans this week from nestle and danone indicate that major manufacturers plan to keep up the pace on nutrition research and innovation in the economic downturn. swiss-headquartered multinational nestle said today that it is setting up its first ever research unit in japan for fundamental scientific research on health and nutrition, in collaboration with the university of tokyo.
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announcements of new r&d plans this week from nestle and danone indicate that major manufacturers plan to keep up the pace on nutrition research and innovation in the economic downturn. swiss-headquartered multinational nestle said today that it is setting up its first ever research unit in japan for fundamental scientific research on health and nutrition, in collaboration with the university of tokyo.
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same store sales grew 5.8 percent in july year on year, the company said in a statement on wednesday. that compared to a 9.3 percent increase reported for june. \"it was not an easy month, many players were unable to fully reap the additional income from summer cafes in the moscow region due to a difficult ecological situation,\" chief executive sergei beshev said in a statement. the average bill fell 0.
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gilroy has a long history and strong track record of operations for more than 50 years and is one of north america’s largest processors of onion, garlic, capsicum and other speciality vegetable products. it is regarded by the food industry as a global leader in this business. its high solid seed development programme is considered to be the industry benchmark and provides it significant competitive advantage on account of its relatively higher yields and therefore lower cost position.
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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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nestlé has insisted it is “committed” to using only “sustainable” 