Use this link to see this update on your mobile device: http://www.foodinstitute.com/dailybrief/dailybrief0811.htm
The Food InstituteThe Food InstituteThe Food Institute
August 11, 2010
The Food InstituteThe Food Institute
 

Food Product Development & Manufacturing

Food Retailing

Specialty Food

Packaging

 

Industry News

Millennials are more likely than other age groups to say their food choices at main meals are motivated by cravings, cost control and minimal preparation time, according to The NPD Group's National Eating Trends. A typical Millennial has 68 meals a year that contain a leftover item. Adults in their 30s to early 40s use leftovers in 82 meals a year. One-third of Millennials use mass merchants, such as Walmart, as their primary food store, compared to 23% for all adults. Full Story

New! The Aug. 11 edition of New Products Hits and Misses with Phil Lempert profiles items including Nugo Dark Chocolate Chocolate Chip Flavor, Bagel Spice and Powerade Play Mixed Berry Flavor. Five new products are evaluated each week. Click here to view.

Nestle will avoid price wars and stay competitive by increasing product quality, according to CFO James Singh, reported The Wall Street Journal. Full Story (WSJ Subscription Required)

What food categories are most likely to lose sales to private label/store brands in the near future?


Frozen Foods
Meal Kits
Chips & Pretzels

Crackers

 
 
View Results Submit a Question

BI-LO LLC is reportedly up for sale and has drawn interest from strategic and private equity buyers, according to a source, reported Reuters. Kroger Co and Publix Super Markets are among potential bidders. Full Story

Niagara Bottling LLC plans to open a bottling and distribution center in Phoenix, reported The Arizona Republic. Full Story (Free Registration Required)

International News

Crown Holdings, Inc.'s Crown Bevcan Europe & Middle East will install a second beverage can production line in its Slovakia facility. The line is expected to be operational early in 2011 and have an initial annual production capacity of approximately 850 million two-piece aluminum beverage cans in multiple sizes. Full Story

Great Steak will expand into Mexico through a master franchise agreement with Suspiros Pastelerias, a Northern Mexico bakery chain. The company will open 30 Great Steak locations in the country over the next five years. Full Story

Health News

Consumers who read food labels have healthier diets than those who do not pay attention to such information, claims a study published in Journal of the American Dietetic Association. The study found that 61% read the nutrition facts panels, 51% examine the list of ingredients, 47% read the serving size and 43% review health claims at least sometimes when deciding whether to buy a food product, reported HealthDay. Full Story

Washington News

Mexico ended countervailing duties on U.S. beef and veal that were in place since 2000. Full Story

A San Francisco proposal would ban toys with kids' meals at fast-food restaurants if the food contains too much fat, sugar or salt. In addition, the proposal would also mandate that meals that come with toys must also have a serving of fruit and vegetables, reported The San Francisco Chronicle. Full Story (Free Registration Required)

Market News

U.S. growers expect to harvest 350 million-lbs. of pistachios this year, according to the Western Pistachio Association. However, farmers will not start the harvest until mid-September, about two weeks later than average, reported California Farm Bureau.

How Can You Comply With Complex Food Safety Regulations?

The Food Institute's HACCP & U.S. Food Safety Guide - 2nd Edition provides clear explanations of the recent regulations and requirements issued by FDA and USDA regarding the handling and sanitation of food products. Authored by Olsson, Frank & Weeda, P.C., this guide includes information on applying HACCP plans in the plant, mandatory HACCP systems in general and specific HACCP requirements for seafood, meat & poultry. For details, click here.

Seneca Foods Corporation completed its acquisition of the assets of Unilink, LLC from Pennsylvania Food Group, LLC and Lebanon Valley Cold Storage, LP and its subsidiary, Lebanon Valley Cold Storage, LLC, from its partners. Full Story


View Archives
Sign Up Send Feedback Send to a friend
To opt out of the Daily Brief, use the link at the bottom of this email

Daily Brief is sent only to BNP Media's customers and suppliers. Our goal is to provide quality news and information, your feedback is very important to us, please let us know what your thoughts are and how can we make it better.
© 2010 BNP Media. All rights reserved.
News © Copyright The Food Institute 2010, used with permission.
BNP Media (248) 362-3700
2401 W. Big Beaver Road, Ste. 700 Troy, Michigan 48084-3333