FOOD FOR KIDS: Building brands for children… What can we learn from clowns and alcohol?
How do you create a kids’ food or beverage brand? Create a cartoon character, write your marketing materials in a comic sans serif font, and et voila?
Archives for October 8, 2018
NEWS IN BRIEF
Vahdam Teas raises $2.5m in funding round aiming to disrupt tea supply chain
Vertically integrated and socially-conscious tea company, Vahdam Teas, secured $2.5m in its Series B funding round led by Fireside Ventures to ramp up its customer acquisition rate and fuel its direct-to-consumer business in the US.
Nielsen: ‘Purposeful ingredients’ drive US retail growth
Consumer attention to health and wellness when making food and beverage purchases has impacted specific areas of the grocery store, specifically the rise in sales of no sugar added products and items that contain stevia or monk fruit, Nielsen data found.
Peak Yogurt taps into keto trend with 17% milk fat ‘triple cream’ yogurts: ‘Milk fat is one of nature’s original superfoods’
Fat is back in the dairy aisles, if the recent proliferation of products touting their whole milk (c. 3.5% milk fat) credentials is anything to go by. But San Francisco-based start-up Peak Yogurt is taking the trend one step further in a bid to carve a...
‘A turning point for FMCG’ in LATAM: new report shows shrinking volume consumption in Q2
For the first time in 10 years, FMCG volume consumption across Latin America shrank by -0.1% in the second quarter of 2018, according to a new report from Kantar Worldpanel.
Top 7 from 7: The key global food industry news of the past 7 days (Oct 1-8)
From Indra Nooyi’s key lessons from her time at PepsiCo to the rise of fermented foods and new cases of avian flu in China, a lot has happened over the past seven days. Here’s a round-up of the top seven global food and beverage news items to get you...
TellSpec's AI sensor detects fish fraud in real-time: 'This technology is disruptive,' says CEO
From excess water to illegal antibiotics and even the wrong species, fish fraud is rife. EIT winner TellSpec has developed a tool powered by artificial intelligence (AI) that detects fraud in real time and at a low cost.
Food Tech Summit & Expo in Mexico
As influence shifts to startups, large food & beverage companies must embrace new strategies
The old strategies of reaping reliable returns by relying on consumer loyalty, incremental investments in established brands, and large-scale distribution and manufacturing are no longer advantageous – making this one of the most challenging times for...
Unmeltable halloumi cheese could go places in the US if it can overcome hurdles
Wildly popular in the UK and Europe, the salty and slightly rubbery grilling cheese halloumi is beginning to gain attention in the US as consumer fears about fat fade and their desire for high-protein snacks increases, according to new research from Fact.MR.
Salmonella Newport fears spark major recall for JBS Tolleson
JBS’ US-based business unit Tolleson has recalled almost 7m lbs of “raw non-intact beef products” from retailers and institutions following concerns of Salmonella Newport contamination.
Australia to maintain cattle trade relations with Indonesia
Australia’s meat industry has confirmed that it will continue its “strong” trade relations with Indonesia over cattle exports.
Chocolate’s use in bakery is a booming business in China
Once perceived as an exotic delicacy – bought only as a luxury gift or an extravagant treat – the Chinese consumers’ taste for chocolate is growing and the ingredient is quickly cementing a niche for itself in bakery.
NPD trend tracker: Plant-based burgers, nitrite-free ham & cinnamon Coke
Manufacturers are aiming to appeal to flexitarians and conscious meat-eaters with recent launches including organic, nitrate-free hams and a plant-based burger, while Christmas-themed launches continue with a limited edition cinnamon Coca-Cola.
Fi Asia 2018
‘Innovate or become irrelevant’: Indonesian trade body, food scientists and regulators weigh in on state of nation’s industry
International and local investment into Indonesia’s food and beverage industry is continuing to rise, but a trio of experts have underlined a series of challenges – from innovation to collaboration and food safety – that the sector has to confront to...
Mitsubishi Corporation Life Sciences to boost market share in health food with consolidation of subsidiaries
Mitsubishi Corporation Life Sciences Limited is set to build its portfolio in health food with the consolidation of its three subsidiaries.
UAE consumers urge authorities to tighten supervision of homemade food businesses
UAE consumers have urged authorities to tighten the supervision of homemade food businesses.
Jumping on the hojicha bandwagon: Canadian start-up eyes North American and Asian markets
Foreseeing that hojicha will become one of the most popular tea varieties, Canadian start-up Hōjicha Co is devoting its resources to sell only hojicha products.