Wednesday, 23 July 2014

Your Potato Europe VIP Ticket Is on Us!

As media partners of the event in Bockerode/Hanover, Germany, Potato Processing International and Potato Storage International is inviting 20 lucky readers to win a VIP tour of the fair in September 3-4.

World Map of Test Centres: Woerden

The slogan Florigo applies for the work performed within its Food Technology Center (FFTC) is: “… when Food becomes Fun!”, and starts our series of virtual tours mapping testing facilities the world over and

Global Forum for Innovations in Agriculture Launches Call for Innovations

The Global Forum for Innovations in Agriculture (GFIA), the event for the future of sustainable agriculture, has recently launched the Call for Innovations for next year’s event, to be held from March 9-10, 2015

World Potato Congress Inc. Appoints Three New Directors

David Thompson, President CEO, World Potato Congress Inc. (WPC Inc.) announced the appointment of Mr. Ron Gall, New Zealand; Dr. Nora Olsen, USA; and Anne Fowlie, Canada; as members of the Board

Global Forum for Innovations in Agriculture Launches Call for Innovations

Global Forum for Innovatio...

The Global Forum for Innovations in Agriculture (GFIA), the event for the future of sustainable agricult...

Your Potato Europe VIP Ticket Is on Us!

Your Potato Europe VIP Tic...

As media partners of the event in Bockerode/Hanover, Germany, Potato Processing International and Potato...

Pack Expo Preview: New Show Feature

Pack Expo Preview: New Sho...

PMMI, owner and producer of Pack Expo International and the Contract Packaging Association (CPA) are bri...

Atlantic Grupa Expands Its Operations with a New Brand of Potato Chips

Atlantic Grupa Expands Its...

Atlantic Grupa has recently signed a strategic cooperation agreement concerning the segment of salty sn...

World Potato Congress Inc. Appoints Three New Directors

World Potato Congress Inc....

David Thompson, President CEO, World Potato Congress Inc. (WPC Inc.) announced the appointment of Mr....

ConAgra Foods Lamb Weston Completes USD200 Million Expansion

ConAgra Foods Lamb Weston ...

ConAgra Foods, Inc joined with community and civic leaders to celebrate the completed expansion of its ...

Ishida Introduces Fast Snack Packing Solution

Ishida Introduces Fast Sna...

Ishida Europe has introduced single and twin high speed snacks packing systems, comprising either a 14-...

Ishida Reveals Ultrasonic Technology

Ishida Reveals Ultrasonic ...

Ishida Europe has introduced ultrasonic technology into its Atlas range of bagmakers.

Florigo delivers 500th Steam Peeler

Florigo delivers 500th Ste...

Florigo has recently delivered its latest steam peeler technology to a large vegetable processor in Fra...

Lay's "Do Us A Flavor" Contest Finalists Announced

Lay's Do Us A Flavo...

Lay's potato chips, one of the brands from PepsiCo (http:/...

New Vertical Z Conveyor to Be Introduced at PackExpo

New Vertical Z Conve...

Dynamic Conveyor is introducing a vertical z-style conveyo...

Lay's Launches Football-Themed Flavours

Lay's Launches Footb...

Video  The leading potato chip brand from PepsiCo India la...

UK Ingredients Firm Targets Booming Food Market in Asia

UK Ingredients Firm ...

UK-based food coatings specialist Bowman Ingredients has a...

 Kiremko’s Sliver Remover Gets Upgraded

Kiremko’s Sliver Re...

The Kiremko sliver remover has undergone a major innovatio...

BioSafe Systems Introduces Complete Potato Storage Protection Programme

BioSafe Systems Intr...

Following research and development, BioSafe Systems offers...

Future Proofing Cheshire Potatoes

Future Proofing Ches...

Cheshire potato growers gathered at Aston Grange Farm near...

Sophisticated Potato Inspection

Sophisticated Potato...

Improvements in sorting machinery are aimed at many grower...

McCain Foods to Help Monitor Potato Crops with Drones

McCain Foods to Help...

Global potato processor McCain Foods is using drone techno...

Open Farm Sunday 2014 Review

Open Farm Sunday 201...

Farmers and their helpers celebrated this weekend the posi...

Consumers who cut back on their spending during the recession are keeping to this trend by staying away from the supermarket shelves, according to a survey by Booz & Co., a global management consulting firm.

Consumers have cut back 28 per cent on food at home expenditures this year, which is an increase from a 23 per cent cutback in 2009.

"The new frugality that consumers reported last year - one that requires trade-offs between price, brand and convenience - has become dominant and ingrained behavior in several categories," said Nick Hodson, partner with Booz & Co.

"Consumer products companies and retailers need to monitor and understand the evolving behaviors of different consumer segments and respond to each, category by category. Going back to business as usual is not an option."

Consumers also are trading down on essentials and switching to less expensive brands with 37 per cent of consumers trading down on food at home.

Only one-third of consumers expect their financial situation will improve during the coming year, and even optimistic consumers show little evidence of increasing spending. Less than 10% of all optimistic consumers who were surveyed planed to trade up in brands, and only 15 per cent plan to spend more in discretionary categories.

"Consumers continue to pay down debt and build up their savings," said Marcelo Tau, principal at Booz & Co. "There is little reason to believe consumers will give up their frugal behaviors in the short term. Consumers remain cautious, especially following their disappointment with the slow pace of improvement over the past year."

Private label penetration in the supermarket has grown from 15 per cent before the recession to more than 18 per cent of total sales in 2010. As the economy improves, private label sales are expected to remain strong, and branded consumer packaged goods may find it difficult to regain lost market share.

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Latest Events

Jul 27th 2014 - Jul 31st 2014
The Potato Association of America 2014 Annual Meeting
Aug 7th 2014 - Aug 7th 2014
Potatoes in Practice
Sep 3rd 2014 - Sep 4th 2014
Potato Europe
Nov 23rd 2014 - Nov 25th 2014
Interpom
Jun 10th 2015 - Jun 15th 2015
Snackex
Jul 28th 2015 - Jul 30th 2015
9th World Potato Congress

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