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... although the food and drink flavouring market in southeast asia is “growing enormously”, consumer tastes are still cost-driven and traditional, according to top flavour producer iff ... reasons cited by experts include population growth and a developing middle-class that demands new flavour experiences ... as part of our special series on food and beverage markets in asia, we spoke to leading karen stanton, regional marketing, sensory and consumer insights director from international flavors & fragrances (iff), about specific trends within southeast asia ... “markets in all the southeast asian countries are growing enormously, and the iff has seen double-digit growth over the past couple of years, and solid low double-digit growth in the first two quarters of 2010,” said stanton ... “our main markets in southeast asia include thailand, vietnam, the philippines indonesia, and we have been based in the latter for over 50 years ... " popular products “beverages in particular are doing well, with powdered soft drinks and flavoured waters popular ... these markets are still very cost driven – people buy everything in small quantities, from shampoo to flavour sachets ... ” “for instance, in indonesia flavoured hot and cold cup beverages are particularly popular, and are sold for the equivalent of around 2 us cents on roadside stalls ... “nonetheless, the rise of the middle classes is driving innovation, although there is a clear distinction between modern convenience foods from retail stores and popular ‘mom and pop’ street stalls selling products by the side of the road
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... in the third part of our special series on the food and beverage markets in asia, we look at how indian cros are helping the country’s booming nutrition sector build the science to support claims at home and abroad ... health and wellness has been hailed as a sea-change in the global food industry – markets for ‘functional foods’ and dietary supplements are booming across the planet ... this has led to a boon for contract research organizations (cros) around the world as companies seek to build the science to support the efficacy and safety of their ingredients and products ... the us already has cros with expertise in the testing of nutraceuticals, with companies such as aibmr life sciences, nis labs, chromadex, and covance recognizable names in that market ... indeed, a recent report by ernst & young and the organization of pharmaceutical producers of india (oppi) put india’s outsourcing sector growth at 43 percent ... the report covers these end-to-end services under the term contract research and manufacturing services (crams) ... overall crams in india has a compound annual growth rate (cagr) of 51 percent, according to the report, and this will result in it generating revenues of $3 ... 7bn) and capturing 5 ... earlier this year, the company created an exclusive team to conduct studies on nutraceuticals, and has reportedly already conducted trials in the areas of pediatric dietary supplements and omega 3 fatty acids
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... the korean functional food market hinges on obtaining the nation’s precious ingredient claim approval, but breaking that barrier opens the floodgates to huge market potential, according to an industry expert ... in the second part of our special series on the food and beverage markets in asia, we speak to willy tan, asia executive director of pharmachem, for a glimpse into the state of affairs in korea ... everybody looks to japan for market trends in the region, and this is true of korea too ... but the key difference in the functional food market in korea is that individual ingredients need to be approved to carry health claims, as opposed to japan’s finished product approval process,” said tan ... ” tough regulations according to tan, who represents the us functional ingredient firm pharmachem across asia, the stringent regulatory approval process in korea is both restrictive – in that it prevents all but the most substantiated ingredients from carrying health claims – and flexible – in that once an ingredient is approved it can be used in all product categories, which means there is a wider scope for the ingredient to reach consumers ... in korea, he said, no functional food products are sold without claims, as no one would know what the benefits are ... for functional ingredients to carry a claim in korea, this must be submitted to the korean food and drug administration (kfda), which will evaluate it for efficacy, consistency and safety ... “the government is very protective of the korean people, and wants to make sure that they are not taken in by ambiguous products that can’t be substantiated,” said tan ... “kfda has very stringent criteria, and from what i understand, almost 70 percent of dossiers are rejected ... however, tan estimates that in practice, most ingredient approvals take between one and three years because of the supplementary data usually requested by kfda that needs to be submitted
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... chadwicks printed six color uv flexo on a 40/40 aluminium pe foil with random grub embossing, and has created a series of designs to match each of the four flavors, sweet chilli, soured cream, salsa and cheese ... aluminum, which is said to be ideal for products with an extended shelf life, provides an effective barrier against water vapor, oxygen, light and aromas ... the 70gm pots are available as part of a range of snacks including sauces and a variety of flavored tortilla chips ... vicki slater, sales administrator at chadwicks, said: “we have worked with westler foods for a number of years and our working relationship keeps going from strength to strength ... "the bigmex lids have been redesigned and modernised to suit the market in which they sell and we’re confident that the new lids will be a real hit instore ... ”robert burns, marketing controller at westler foods, said: “chadwicks have worked in partnership with our design studio to ensure the designs were optimised for the print process and as a result we have achieved better impact and communication at the point of purchase ... ”chadwicks is part of the flexible packaging division of the clondalkin group which has around 40 manufacturing sites located across europe and north america ... the company supplies lids to the food and beverage markets ... aluminum based lidding is a standard product for sealing to all container types, including ps, pp, pe and pet
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... nutrition 21, a developer and marketer of nutritional ingredients for the dietary supplement, and functional food and beverage markets headquartered in purchase, new york, has sold substantially all of the assets of its direct response and retail businesses to nature's products, based in sunrise, florida ... nutrition 21 retained its ingredients business and its patent portfolio ... michael zeher, president and ceo of nutrition 21, said: "we entered into this transaction to focus our limited financial resources on our profitable ingredients business ... n21's patents, technologies, customer relationships, and innovative new formulations bode well for the future of this business
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... redpoint said that the results for 2007 reflect the commencement of the company's r&d collaboration with givaudan, signed in march 2007, and the initiation of its research and technology development agreement with the coca-cola company ... ray salemme, ceo of redpoint, said: "we believe our r&d collaborations reflect increasing industry recognition of the quality and commercial potential of redpoint's technology platform ... to leverage our capability in the food and beverage markets, we have entered into r&d agreements with givaudan, the world's leading company in the flavors and fragrances industry, and the coca-cola company, the world's largest beverage company
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... food and drink europe ... com launched earlier this summer provides daily news on branding, marketing and the retail of food and drink products in the european market ... food and drink europe ... com features expert comment and analysis on the leading products and companies and the key issues facing today's food and beverages industry ... the news is free to access and online everyday by 10 ... the website, published by novis, europe's leading online publisher for the food and drink industries, targets the management of large retailers, wholesalers, importers and manufacturers operating in the european food and beverage markets
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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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