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February 02, 2011
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Food Product Development & Manufacturing

Food Retailing

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Industry News

Restaurant industry sales are expected to reach a record $604 billion and post positive growth in 2011 after a three-year period of negative real sales growth, according to the National Restaurant Association's (NRA) 2011 Restaurant Industry Forecast. NRA projects an industry sales increase of 3.6% over 2010 sales, which equals 1.1% in real (inflation-adjusted) terms. Quickservice restaurants are projected to post sales of $167.7 billion this year, a gain of 3.3% over 2010. Sales at fullservice restaurants are projected to reach $194.6 billion in 2011, an increase of 3.1% in current dollars over 2010. Full Story

New! The Feb. 2 edition of New Products Hits and Misses with Phil Lempert profiles Loney's Sauce Mix Pomodoro and Saffron Road Halal Cuisine Chicken Tikka Masala. Five new products are evaluated weekly. Click here to view.

Darden Restaurants might consider franchising in airports and on campuses, according to executives at their annual investor-analyst conference. Darden will open 85 to 90 restaurants next fiscal year, up from 70 to 75 this year, reported Orlando Sentinel. Full Story (Free Registration Required)

Corazonas Foods formed a partnership with CoroWise, a brand of plant sterols manufactured by Cargill. Corazonas, which makes snacks infused with cholesterol-lowering plant sterols, will now manufacture tortilla chips, potato chips, and Oatmeal Squares exclusively with CoroWise's products. Full Story

Domino's Pizza (No. 1), 7-Eleven (No. 2), McDonald's (No. 4) and Papa Murphy's International (No. 5) were named on Forbes' Top 20 Franchises to Start list. Edible Arrangements (No. 9) and Jimmy John's (No. 10) were also named. Full Story

New Product News: Dr Pepper will test Dr Pepper Ten, with 10 calories, in Kansas City, Des Moines, Austin, Denver, Colorado Springs and San Antonio, reported Kansas City Star. Full Story ... Wild Card Roasters, LLC introduced the Astral Blend & Decaf Astral Blend under the Weaver's Coffee & Tea brand. Full Story

International News

Maple Leaf Foods Inc. plans to close its prepared meats facility in Surrey, British Columbia on Sept. 30. Production will be consolidated at Maple Leaf's prepared meats facilities in Saskatoon, Manitoba and Ontario where there is available capacity, after completing some upgrades. Full Story

A Nestle S.A. subsidiary acquired UK-based CM&D Pharma Ltd., which is testing a chewing gum to help kidney-disease sufferers called Fostrap that will likely be released this year in the U.S., reported The Wall Street Journal. Full Story (WSJ Subscription Required)

Health News

Peanut allergies may be less common than previously believed, but incidence of the condition is increasing over time, according to a study based on allergy diagnoses in England published in The Journal of Allergy and Clinical Immunology, reported Reuters. Full Story

Washington News

The San Diego City Council voted seven to one to repeal an ordinance that would have required retailers to conduct an economic impact study before receiving a construction permit, leaving a possible avenue for the entrance of Walmart stores, reported The San Diego Union-Tribune. Full Story (Free Registration Required)

Riverview LLP will purchase bankrupt dairies Veblen East and Veblen West from AgStar Financial Services and rename them Marshall Dairy. The company will produce nearly 28 million gallons of milk annually, reported TwinCities.com. Full Story (Free Registration Required)

Market News

Driscoll Strawberry Associates Inc. is bringing its North and South American operations under one division, Driscoll's of the Americas. South American, Chile and Argentina operations are to be transitioned in 2011, reported The Packer Online. Full Story (Subscription Required)

An early start to the Mexican sweet onion deal meant a glut of product at the beginning of February, but as Peruvian supplies wind down, volume should return to normal, importers claimed, reported The Packer Online. Full Story (Subscription Required)


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