UK sets new salt reduction targets for the food industry
May 19, 2009

The UK’s Food Standards Agency has today published revised, voluntary salt reduction targets for industry to meet by 2012 – offering more challenging targets to the food industry. The revision has been set for 80 categories of foods, to ensure continued momentum in reducing salt levels is maintained by food retailers and manufacturers, the food standards body advised. Around 75% of the salt consumed is already in everyday foods, the FSA said, with the targets being set for foods that... ...Read more »

Salt content of Australian pizzas at alarming levels: AWASH
May 19, 2009

New research has cast concern over the sodium content of pizzas, with 94% of pizzas sold in Australia reportedly “overloaded with salt”. The pizza with the highest sodium was found by The George Institute to be Pizza Hut’s BBQ Meat Lovers, which – with 13 grams – provided more than double an adult’s recommended daily amount of salt. More than two thirds of takeaway pizzas examined contained double the daily recommended amount of salt for an adult, according to... ...Read more »

Bottled water the beverage of choice for Seniors
May 19, 2009

The ever lucrative seniors market is growing, presenting food and beverage marketers with a major opportunity. Access to significant liquid capital ensures seniors are likely to ‘upgrade’ and choose premium products, according to research group Datamonitor, particularly amongst ‘empty nesters’ who have no dependent children to support. And, in the non-alcoholic drinks sector, this means opportunities for bottled water, functional products and fruit juice. Consumers over the... ...Read more »

US supermarkets successfully changing product mix and enhancing loyalty
May 18, 2009

New research carried out with the assistance of supermarket operators has shone a light on the changes the sector has made in the United States in response to a more financially stricken consumer. The 2009 Food Retailing Industry Speaks: Annual State of the Industry Review released by the Food Marketing Institute (FMI) found that supermarkets were one of the better performed industry groups last year with sales growth of 5.2% last year. This was, however, offset by a 5.7 per cent rate of inflation. “The... ...Read more »

Yoghurt stimulates Parmalat’s growth in Australia
May 18, 2009

Parmalat SpA has reported a resilient first quarter result in Australia as growth in the yoghurt and flavoured milk sectors spurred sales. In Australia, the makers of Pauls and Vaalia saw net revenues rise 2.9% to A$183 million dollars, with EBITDA (Earning Before Interest, Tax, Depreciation and Amortisation) soaring 31.9%. “In the first three months of 2009, the Australian dairy market enjoyed attractive growth rates, particularly in the yoghurt segment and the flavored milk segment,”... ...Read more »

Drink container deposit levy to go national?
May 18, 2009

An Australia-wide drink container deposit system is being considered by the Federal Government, with Family First and the Greens both pushing for legislation similar to that seen in South Australia. The idea involves adding a 10c levy to packaged beverages, which can be recovered by consumers when they recycle it. The leading representative of food and beverage manufacturers, the Australian Food and Grocery Council, is against the push, claiming it could cost Australians almost $500 million a year... ...Read more »

Search for suitable Chairman continues at Patties
May 18, 2009

Patties Foods, the Australian makers of Four ‘n Twenty pies, has reported “unforseen delays” in their attempts to find a suitable Chairman following the resignation of Peter Kempen in November last year. Acting Chairman Ernest Barr admitted that the search was taking longer than forecast upon providing an update to the market this morning. “Our Search Consultants, after extensive research, compiled lists of potential candidates in February – March 2009,” he advised.... ...Read more »

Functional foods continue to find support
May 18, 2009

Grocery stores have become hunting grounds for healthful, functional foods and beverages that offer distinct wellness advantages beyond basic nutrition, according to a new American report* from Packaged Facts. Consumers are more proactive about their health, spurring 6% growth in the US retail market for functional foods and beverages. “Consumers are reevaluating their health, nutrition, and lifestyle choices adopted years ago. This reevaluation includes considering the role functional foods... ...Read more »

ACCC assessing impact of Woolworths’ Macro acquisition
May 15, 2009

Woolworths is looking for a swift expansion of their Thomas Dux upmarket grocery chain with Wednesday’s purchase of Macro Wholefoods but will the competition regulator block it? A deal was struck by Woolworths with Macro this week which will see the supermarket chain’s Thomas Dux subsidiary takeover eight stores, one development site and Macro’s organic private label brand. The price of the acquisition was not revealed by Woolworths but that hasn’t stopped speculation from... ...Read more »

Customer feedback drives makeover of Coles’ private label proposition
May 15, 2009

Coles is looking to mothers to help reinvigorate their relationship with customers. The Sydney Morning Herald has reported that the chain has engaged a panel of over 1000 mothers to test the quality and packaging of their private label goods as well as shelf wobblers and in-store marketing. Coles Marketing Director Joe Blundell, who this week flagged changes to their FlyBuys loyalty program, said the plan was to strengthen ties with customers after years of management placing their main focus on... ...Read more »

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