Taste economics: Manipulating price impacts taste perception and consumer emotions
Altering the price of a food product can have an immediate impact on taste perception, as well as feelings of overeating and guilt, according to new research.
Archives for May 27, 2014
‘Brands that rubbish other brands...I don’t get it!’: Vita Coco UK CEO Giles Brook
Vita Coco’s UK CEO Giles Brook tells BeverageDaily.com he doesn’t understand ‘brands that rubbish other brands’ following an attack by coconut water rival INVO on his product’s nutritional and health benefits.
Meat prices must rise before cultured meat is viable, say researchers
The economic feasibility of sustainably cultured meat compared to that of traditional meat production may be the greatest challenge facing those who support the new technology, warn researchers.
Nestlé, Fonterra divide up Latam JV Dairy Partners Americas
Fonterra and Nestlé have "realigned" their decade-old Latin American joint venture, Dairy Partners Americas, to "better reflect" the strategic focus of each company.
New Zealand
New food bill places new emphasis flexibility and low compliance costs
New Zealand’s lawmakers have signed off on a new bill that that rewrites the country’s food safety regulations.
Proposed GM law creates uproar
A new law being discussed in Brussels this week could give biotech companies “unprecedented power” over decisions to ban genetically modified (GM) crops in Europe, according to Friends of the Earth (FoE).
Unilever backs global start-up platform to increase marketing innovation
Food and consumer goods giant Unilever has launched a new global platform to engage with and support innovative start-up firms with new technologies.
Rousselot reveals gelatine price increase
Leading gelatine supplier Rousselot has announced a price increase of its hide gelatin portfolio on the back of 'severe drought' in Brazil and upward pricing pressure in the South American market.
Research suggests sweeteners help reduce weight
People consuming low- and no-calorie sweetened (LCNS) beverages on average lose nearly 50% more weight than those who just drink water, a new study has shown.
Portable detector sniffs out spoiled food
PERES, a portable app-based device, tests meat and poultry for freshness, sounding an alert when spoilage is detected.
Ukraine pushes out Russian pork producer
One of Russia’s largest producers of poultry and pork, agricultural holding BEZRK-Belgrankorm, will close its business in Ukraine.
India
Organised food retailers chalk up $2.2bn in losses
Indian food retailers have accumulated losses estimated at over Rs13,000cr (US$2.2bn) over the last fiscal year, according to an analysis of the top 10 burgeoning food retailers in the country.
83% of consumers demand increased transparency: Trace One
Consumers turn to technology after horsemeat scandal
Consumers want more information about the food they buy, and technology such as smart phones could address demand for more detail on products following the horsemeat crisis and other scandals.
Study supports diet soda’s potential for weight management
Consuming diet sodas along with a weight loss program may lead to shedding more pounds than when water alone is consumed along with the weight loss program, says a new study from the University of Colorado and sponsored by the American Beverage Association.
General Mills and Kellogg refute Oxfam climate change attack
General Mills and Kellogg have dismissed Oxfam’s claim that they are the ‘worst offenders’ on global greenhouse gas emissions and not doing enough to tackle climate change.
Cereal entrepreneurs seek to engage kids in effort to improve category's nutrition
The founders of Bitsy’s Brainfood, which has launched a new line of childrens’ breakfast cereals to go with its cookies, used their experience as mothers and working with kids in eductation and nonprofit organizations to drive their goals for the brand,...
Canada hints at export opportunities to Ukraine
Canadian sheep and goat producers are hoping to expand their exports to Ukraine, following the signing of an agreement to allow exports of pure-bred sheep and goats to the country.
Wrigley launches its first stevia-sweetened product
Wrigley has introduced Extra Professional Mints containing stevia rebaudiana across Europe, marking the first time it has used stevia in a product globally.
Cloetta strengthens in UK with Jelly Bean Factory buy
Scandinavia confectioner Cloetta has acquired Irish firm Aran Candy, owner of the Jelly Bean Factory Brand, for an initial SEK 140m ($21.1m).
‘Red, red wine…without sulfites’: Chr. Hansen promises paradigm shift
Chr. Hansen claims its new wine culture is a ‘fantastic launch’ that will greatly increase the speed and predictability of malolactic fermentation and remove the need for producers to use sulfites as preservatives.
Continued calls for elimination of beef tariffs, in TPP talks
Demands continue to be made for all tariffs on beef to be eliminated as part of any Trans-Pacific Partnership (TPP) agreement, by producers in four Trans-Pacific member countries.
EWG slams added sugar in kids' cereals; Gen Mills says it's leading the way in sugar reduction
A recent analysis of more than 1,500 cereals, including 181 marketed for children, by the Environmental Working Group found that a person eating an average serving of cereal a day for a year ends up consuming 10 pounds of sugar.
Comment
China is missing a trick by regulating midsize firms out of the market
Pacing through the hall of last week’s Fi Asia-Vietnam trade show in Saigon, something seemed very different.
Malay-Muslim groups want boycott after Cadbury pork DNA findings
More than 20 Malay-Muslim groups have called for a boycott of Cadbury products after pork DNA was found in two batches of the company’s chocolate, reports the Malay Mail Online.