Thursday, 25 May 2017

 FreshFel and Profel to Organize Their First Conference This Year

FreshFel and Profel to Organize Their First Confe...

  PROFEL, the European Association of Fruit and Vegetable Processors, and Freshfel, the European ...

EAPR Conference: Potato Facing Global Challenges

EAPR Conference: Potato Facing Global Challenges

    The European Association for Potato Research (EARP) organizes in 2017 its 20th Triennial Con...

Processors in Europe Prepare for EUPPA Conference 2017

Processors in Europe Prepare for EUPPA Conference ...

  Potato processors are getting ready for the EUPPA Conference 2017 (May 24), Brussels, Belgium. ...

J & S Visser Potato Facility Installs New Equipment

J S Visser Potato Facility Installs New Equipment

  Canadians potato processor J S Visser Produce Inc. is modernizing its equipment in order to adapt ...

Indian Investment Funds Give Money to Potato Seeds Company

Indian Investment Funds Give Money to Potato Seeds Comp...

Bengaluru-based potato seeds firm Utkal Tubers India Pvt. Ltd has raised Rs 30 crore (around USD4.6 mil...

Potato Stocks in UK Keep Pace with 2015/2016 Season

Potato Stocks in UK Keep Pace with 2015/2016 Season

    GB grower-held potato stock levels at the end of March were at 1Mt, around the same volume as the...

Key Technology Introduces New VERYX B140 Digital Sorter

Key Technology Introduces New VERYX B140 Digital Sorter

  Key Technology expands its VERYX family of digital sorters with the introduction of the VERYX B140, ...

New Options for AVR Crop Handling and Storage Equipment

New Options for AVR Crop Handling and Storage Equipment

  Potato machine manufacturer AVR has launched the new Falcon receiving hopper and the Cobra store loa...

TOMRA Ships World’s Largest Steam Peeler

TOMRA Ships World’s Largest Steam Peeler

TOMRA Sorting Food has delivered the world’s highest capacity steam peeler, more than eight meters tall...

Boulder Canyon Introduces Coconut Oil Potato Chips

Boulder Canyon Intro...

  Boulder Canyon Authentic Foods launches new potato chip...

Orkla to Produce Acrylamide-Reducing Yeast Technology

Orkla to Produce Acr...

Orkla Food Ingredients has signed a license agreement with...

Utz Launches Patriotic Chips to Support US Military Service Members

Utz Launches Patriot...

Utz Quality Foods is teaming up with the United Service Or...

Japanese Snack Crisis Comes to an End

Japanese Snack Crisi...

Shuji Ito, the president of popular Japanese potato chips ...

Japanese Company Introduces Noodle-Flavored Potato Chips

Japanese Company Int...

    Japan’s food and beverage group Nissin Food Holdings...

PepsiCo and McCain Recall Hazardous Batches of Potato Products

PepsiCo and McCain R...

  Pepsico Canada and McCain Foods were pressed to make im...

Japan Faces Potato Chips Shortage

Japan Faces Potato C...

    Due to typhoons that hit Hokkaido last year, Japanes...

Tasteful Selections Launches New Specialty Potato Brand

Tasteful Selections ...

Tasteful Selections, a specialty potato brand from RPE Inc...

Netherlands’ Potato Processing Industry to Reach a Milestone

Netherlands’ Potato ...

  Potato manufacturers in the Netherlands are approaching...

Maine Board Approves Three New Types of GMO Potatoes

Maine Board Approves...

Maine Board of Pesticides Control has unanimously approved...

AHDB Launches New Tool to Fight against Blight

AHDB Launches New To...

  AHDB Potatoes has launched a new website to help combat...

Researcher Discusses Diseases of Potato Plants

Researcher Discusses...

  Anne Njoroge, a molecular pathologist working at the In...

New “Focus on Potato” Webinar Rhizoctonia Canker and Black Scurf

New “Focus on Potato...

  The Plant Management Network (PMN) has released a new p...

First UK Deposit in Global Seed Vault

First UK Deposit in ...

  The Commonwealth Potato Collection (CPC), an invaluable...

Cool Farming Tool Proves Sustainability of Potato Culture

Cool Farming Tool Pr...

  Since last autumn, the farmers and the professionals in...

Agreement on Genome-Analysis Technology

Agreement on Genome-...

  Monsanto Company and NRGene announced that they have re...

New Method to Capture Disease-resistant DNA for Plants

New Method to Captur...

  Scientists have developed and improved technique for ca...

New “Focus on Potato” Webcast Helps Growers Manage White Mold Infections

New “Focus on Potato...

The Plant Management Network (PMN) has released a new pres...

As consumers feel the pinch of recession, they are likely to shun pricier fresh produce and head for cheaper fare in supermarket freezers, predicted the chief executive officer of frozen foods firm Pinguin.


"If this crisis goes on long enough, people will get to understand that they can get their biggest savings with frozen goods," CEO Herwig Dejonghe told Reuters in an interview.
"Frozen foods are underestimated and undervalued in the market, but people will discover that they can have the same quality of life at about a 25 to 30 percent lower cost, on average."
Dejonghe expected the recession-driven switch in consumer behaviour and the boost to his turnover to be a gradual medium-term effect, rather than a short-term spike.
Belgian Pinguin, which in November forecast a consolidated operating income of 440 million euros for 2008, produces a range of frozen vegetables, potatoes and ready-meals and sells them to grocery stores and food service groups in Europe and Asia, under its own and private labels.
One difficulty in a recession, Dejonghe said, is that consumers are loathe to support price increases. However, because vegetable prices are less volatile than other food staples, Dejonghe said this isn't such an issue for Pinguin.
Pinguin has seen a rapid increase in turnover of late, though mainly due to a slew of recent acquisitions. Last year the company bought UK frozen vegetable group Padley Vegetables and Belgian deep-frozen potato group Lutosa.
Lutosa now accounts for about 50 per cent of Pinguin's sales, Dejonghe said, which will be reflected in January when Pinguin will change its name and re-list as Pinguin-Lutosa.

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