Young, self-confident and increasingly wealthy populations in North Africa and the Middle East offer big opportunities for food and beverage firms – but there are risks too, according to ingredient company Wild GmbH.
January is typically seen as a boon time for manufacturers of foods marketed as diet-friendly – but a majority of UK consumers actively distrust foods labelled as diet, low fat or low calorie, according to market research organisation Mintel.
Major food and drink brands are producing fewer truly innovative new products as recessionary mindsets and behaviours continue throughout Europe, according to Mintel director of innovation and insight David Jago.
A UK brewing science academic tells BeverageDaily.com that a regional project to help microbrewers crack China could benefit similar firms nationwide, and that the country hasn't ‘scratched the surface’ in terms of craft brewing export potential.
The European Union’s food industry is lagging behind the rest of the world in terms of competitiveness, according to a new report from FoodDrinkEurope, which outlines priorities for new EU-wide industrial policy.
Consumers around the world are embracing the zero-calorie, natural credentials of stevia-derived sweeteners – and the European market is about to take off, according to Zanna McFerson, president of the International Stevia Council (ISC).
Arla Foods used to be a Danish dairy with a Scandinavian bent. Now it is global-facing, upping its R&D spend and obsessed with finding out what consumers want, rather than delivering products it thinks they want.
How manufacturers incorporate stevia into new products and how they position products with consumers are equally important for market success, says Cargill's sales director, health products for EMEA, Olivier du Chatelier.
The financial crisis has also led to a consumer crisis of confidence – but nearly nine out of ten French shoppers see the economic slump as an opportunity to revise consumption habits, according to Nutrimarketing’s Sophie de Reynal.