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July 20, 2015

Introducing Passport Institutional Channels

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Through the evaluation of channels in 24 countries, Passport Institutional Channels helps you analyse target markets and end users, examine market opportunities and threats and identify the most effective routes to market.

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July 15, 2015

Mars Makes a Tactical Retreat from Sugar Debate by Accepting New WHO Recommendation

Lauren BandyAnalyst Insight by Lauren Bandy - Senior Nutrition Analyst

View Lauren Bandy's profile on LinkedIn

Sugar is caught in a bitter PR storm. With a new guideline from the WHO recommending that we halve our intake of free sugars and national newspapers running headlines such as “sugar is the new tobacco” and “is sugar toxic?”, consumers are becoming increasingly aware that the sweet stuff might be something that’s best limited. A number of authorities, including those in Mexico and the city of Berkley in California, have implemented taxes on soft drinks in an effort to reduce sugar consumption and help curb rising rates of diabetes; a 2015 study published in the scientific journal Circulation estimates that sugary soft drinks kill 184,000 adults every year. Throughout the debate, the food industry has remained resolute, arguing that the scientific evidence is not conclusive and that while the industry is committed to reducing the prevalence of non-communicable disease, food alone is not to blame and that the causes of diet-related diseases are multifactorial. Mars, however, has pulled itself free of this media relations quagmire and recently announced its support for the new recommendation. It seems likely that other companies will soon stop “hiding behind science”, as Mars so boldly put it, and follow suit in an effort to be seen as more reasonable.

Continue reading "Mars Makes a Tactical Retreat from Sugar Debate by Accepting New WHO Recommendation" »

July 14, 2015

Iran’s Dairy Market a Temporary Solution to Russia’s Lockdown and China’s Slowdown

Lianne van den BosAnalyst Insight by Lianne van den Bos - Food Analyst

View Lianne van den Bos's profile on LinkedIn

A number of sanctions against Iran could be suspended by the US and the EU after international inspectors confirmed the country has curbed its nuclear programme. This breakthrough could open up the tenth largest growing dairy market globally, which is expected to hit new (real) sales worth over US$1 billion over 2015-2020, the size of the entire Western European region combined. With Russia’s lockdown and China’s slowdown could Iran be a temporary fix? Iran’s large, young population, which has an open attitude towards new packaged food products, makes it a huge untapped opportunity, one of the few remaining markets to target after Myanmar opened up after political change in 2011. However, if sanctions are lifted this is likely to be a lengthy process and political instability is a key concern when doing business in Iran, making it a less attractive market for foreign investment.

Continue reading "Iran’s Dairy Market a Temporary Solution to Russia’s Lockdown and China’s Slowdown" »

July 10, 2015

Euromonitor to Speak at Vitafoods Asia 2015

Vitafoods-Asia-logo-strap-date-city
Event Name:
Vitafoods Asia

Location: AsiaWorld-Expo, Hong Kong

Date:   September 2-3 (Wed-Thu), 2015

Event Description: New expanded Vitafoods Asia programme for 2015 – Translating science into good business

The 2015 conference programme presents a unique agenda which has been specifically tailored to meet the needs of the functional nutrition, nutraceutical and health supplement industry across the APAC region. The two day programme covers both latest innovations in R&D with case studies closely linked to industry and product development, and best business practice and guidance on competitive growth strategies for accelerated business growth.  

Continue reading "Euromonitor to Speak at Vitafoods Asia 2015" »

July 8, 2015

Ley de etiquetado de alimentos en Chile: ¿Quién gana y quién pierde?

Felipe-PintoPor: Felipe Pinto, Research Associate en Euromonitor International

Inicialmente, es de esperar que la ley sea en rigor homogénea y tenga como objeto regular las condiciones básicas que garanticen la igualdad en el ejercicio del derecho y deberes de los ciudadanos, tanto a nivel personal como empresarial. ¿Pero qué ocurre entonces cuando la puesta en rigor de una ley inclina la balanza en favor de un grupo de empresas?

La ley de etiquetado de alimentos ha sufrido varios cambios desde su primera propuesta hasta su actual forma definitiva. Uno de ellos, que pareciera ser menor, pone sobre el tapete una discusión hasta ahora oculta, con implicancias que aún están por descifrarse. El cambio es el de pasar  del etiquetado por porciones al etiquetado por 100g de producto. Si bien esta modificación se hizo a mediados del 2014, no ha habido un análisis acabado de las consecuencias que podría conllevar, por lo que cabe preguntarse, ¿Cómo podría esto afectar a alguna categoría específica, o más aún, cómo podría esto beneficiar únicamente a alguna o algunas  empresas?

Continue reading "Ley de etiquetado de alimentos en Chile: ¿Quién gana y quién pierde?" »

July 7, 2015

French Minister Puts Spotlight on Sustainability

Alex RownanAnalyst Insight by Alan Rownan - Ethical Labels Analyst

France’s Ecology Minister, Ségolène Royal, has apologised for her recent comments castigating Nutella over its use of palm oil and calling for people to stop eating the popular chocolate hazelnut spread altogether. The comments aired on French television channel Canal+ and immediately gained widespread traction across international news outlets and social media. The palm oil industry has long been a target of criticism from conservation groups for its lack of standardised and sustainable production, which has led to widespread deforestation across Malaysia and Indonesia – these two countries accounting for around 90% of global palm oil production. A number of organisations have been established to offer recommendations on how these issues can be proactively tackled, RSPO (Roundtable on Sustainable Palm Oil), CSPO (Certified Sustainable Palm Oil), and ISPO (Indonesian Sustainable Palm Oil), to name a few.

Nutella, part of the Ferrero Group, enjoyed a massive 83% value share of chocolate spreads in France in 2014, and despite criticisms from the Minister, has historically been a pacesetter in the race to 100% RSPO sustainable and segregated palm oil – a target it achieved ahead of schedule in several countries in 2013, ironically; France being one such country. Italian chocolatier Ferrero has also committed to establishing a Palm Oil Charter in partnership with non-profit organisation TFT (previously The Forest Trust) in an effort to catalyse the transformation of the palm oil sector toward a fully sustainable model, a goal that stretches beyond its remit and represents genuine engagement with the ongoing debate.

Continue reading "French Minister Puts Spotlight on Sustainability" »

June 25, 2015

Top Trends Seen at FMI Connect and United Fresh 2015

The FMI (Food Marketing Institute) Connect, InterBev, and United Fresh co-located trade shows took place in Chicago from June 8 to 11. The three trade shows hosted attendees who saw the latest in alcoholic drinks, fresh produce, hot and soft drinks, and packaged foods for the supermarket industry. Below are the top trends that the Euromonitor research team of Beatriz de Llano, Emily Balsamo, Eric Penicka, Mark Strobel, and Virginia Lee observed.

Authentic Italian

Italia

Italian companies had a big presence at this year’s FMI Connect through the Italy pavilion. Organized by the Italian Trade Agency (ITA), the pavilion featured about 50 Italian food and beverage companies featuring products from gorgonzola cheese to Prosecco to packaged cornetti (an Italian pastry). While the presence of Italian products at FMI Connect was undoubtedly to increase exports of Italian products into US retail outlets, the underlying goal of the ITA was to educate Americans about what separates products from Italy and those made in the Italian style. Further, the ITA’s final objective is to obtain geographic labelling protections much like those which currently exist within the European Union, which are currently being negotiated under the Transatlantic Trade and Investment Partnership. If passed, geographical indications on European products would give consumers an additional informative label to trust, much like “Certified GF Gluten Free” and “USDA Organic” certifications, assisting consumers in identifying true Italian products from their imitators.

Continue reading "Top Trends Seen at FMI Connect and United Fresh 2015" »

June 23, 2015

What’s New in Cheese: JVs, Acquisitions and Changes in Future Country Rankings

Lianne van den BosAnalyst Insight by Lianne van den Bos - Food Analyst

View Lianne van den Bos's profile on LinkedIn

Euromonitor International’s new global cheese research provides the latest insight on how the cheese industry is expected to perform in 2015 and identifies the key prospects through to 2020.

Middle East Africa and Latin America will drive future global demand

According to Euromonitor’s forecast rankings of the top future cheese markets, new winners and losers will emerge. While the US and France will remain the largest cheese markets in the world, Germany and the UK will drop down the rankings and the Latin America and Middle East and Africa regions will prosper.  As purchasing power increases and consumers are increasingly swapping home-made dairy for processed and packaged products, a large demand for future cheese sales will come from markets such as Brazil, Mexico, Kenya and Iran - all rising up the rankings. Half of new sales will come from Latin America and the Middle East and Africa over 2015-2020 representing US$8.5 billion.

Continue reading "What’s New in Cheese: JVs, Acquisitions and Changes in Future Country Rankings" »

Packaged Food 2015: What’s New in Confectionery?

Jack SkellyAnalyst Insight by Jack Skelly - Food Analyst

View Jack Skelly's profile on LinkedIn

The latest figures from Euromonitor International suggest that competition to be the leading confectionery producer is heating up between Mars and Mondelez. Both companies are expected to achieve sales of around US$25 billion in 2015, with the former company possibly edging ahead to become market leader. While it could be argued that this is a result of exchange rate differences, the implications remain disturbing for the future of the confectionery market in Western Europe.

So, what are the main points the data tell us?

1)      Confectionery environment toughens as volume consumption growth slows around the world

2)      Companies with strong European presence experience weakest performance

3)      Sugar confectionery continues its terminal decline

Continue reading "Packaged Food 2015: What’s New in Confectionery?" »

June 20, 2015

Food Intolerance Products Booming in Western Europe

The food intolerance industry grew by 11% in value terms in Western Europe in 2014. As consumers are increasingly diagnosed with lactose- and gluten-free and diabetes, consumer awareness of these products as a healthy alternative has increased accordingly. Watch the video for complete analyst insights.

Video features Roberto Fernandez - Senior Food and Nutrition Analyst 

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Recent Posts

Introducing Passport Institutional Channels

Mars Makes a Tactical Retreat from Sugar Debate by Accepting New WHO Recommendation

Iran’s Dairy Market a Temporary Solution to Russia’s Lockdown and China’s Slowdown

Euromonitor to Speak at Vitafoods Asia 2015

Ley de etiquetado de alimentos en Chile: ¿Quién gana y quién pierde?

French Minister Puts Spotlight on Sustainability

Top Trends Seen at FMI Connect and United Fresh 2015

What’s New in Cheese: JVs, Acquisitions and Changes in Future Country Rankings

Packaged Food 2015: What’s New in Confectionery?

Food Intolerance Products Booming in Western Europe