May 8th, 2003
With compound annual growth (CAGR)reaching 4% globally, noodlesis one of the fastest growing sectors in world packaged food. Growthwas derived mainly fromcontinuing strong performance in its main Asia Pacific market (with the notableexception of Japan), increasing by over US$2 billion in the region between 1998 and 2002.
May 2nd, 2003
On 20 December 2002, Heinz sold various non-core businesses, including North American pet food, US seafood, infant nutrition and private label soup to canned food producer Del Monte Foods.
March 31st, 2003
Functional dairy products need to have a strong marketing message and follow trends in convenience packaging in order to succeed in a poorly regulated environment.
March 17th, 2003
The benefit of extending known brand names into other markets is threefold. In the first instance, it builds brand awareness, making the confectionery product more likely to be the subject of an impulse purchase. Secondly, use of known brands practically guarantees the success of the new product, where a totally new brand might fail.
March 11th, 2003
The performance of cat litter saleshas varied greatly around the world in 2002: while growth in the US remained strong since 1998, sales slowed in Japan; meanwhile in Germany – the world’s third largest market – constant value sales contracted by 1% in 2002, and almost 7% since 1998.
March 4th, 2003
In men’s grooming products razors, blades and deodorants continue to provide staple income for competitors, comprising around 62% of total global sales. However, it is recognised that niche areas such as men’s bath and shower and men’s skin care products offer further avenues for stimulating growth by diversifying beyond the traditional realms of men’s grooming products.
January 24th, 2003
The share of private label sales in confectionery is one of the lowest across all packaged food sectors, especially compared to sectors such as ready meals or dairy products.
January 17th, 2003
In recent years, Latin America has become a major market for pet food and pet care products, and significantly Brazil and Mexico now feature among the top ten markets in terms of global value sales. While regional value growth of just over 5% in US dollar terms between 1998 and 2002 seems modest, this is primarily due to the negative impact of currency exchange rates.
December 20th, 2002
With a plethora of anti-ageing products flooding the market, catering for society’s baby boomers would appear to be at the fore of new trends within the cosmetics and toiletries industry. However, manufacturers have also set their sights firmly at the other end of the spectrum, on the tweens and teens market, as they increasingly segment products across all age groups.
December 2nd, 2002
Despite acquiring Adams in 2000 as part of its Warner-Lambert purchase, Pfizer has never considered the business to be in line with its pharmaceutical and healthcare focus. Regulations had prevented its sale until recently, and now reports suggest Cadbury Schweppes is set to make a bid.