Friday, 24 October 2014

How breeders and processors can work together?

Dr Sharon Hall will talk about the needs of the potato industry and how breeders and growers can work with the processors to ensure the quality and volume needed for year-round, value-added potato products.

AVR launches Puma 3, its new four-row harvester

Potato machine constructor AVR is introducing its new Puma 3, a machine with tight lines, which grant it a very modern look. The real innovations for this self-propelled, four-row harvester are its more powerful

50 small-scale farmers will benefit from signed memorandum with PepsiCo Food Vietnam

PepsiCo Foods Vietnam Co (PFVC) has signed a memorandum of understanding to introduce a sustainable contract potato-farming model.

New method to stop potato parasitic worms using fungi

Scientists have developed a new way to stop the parasitic worm Globodera rostochiensis causes damage to potatoes.

LEAF’s annual President Event to focus on defining resilience and diversity in agriculture

Linking Environment And Farming (LEAF)’s annual President Event will take place on Tuesday November, 11, at the HSBC Headquarters, CanaryWharf, London. 

Kettle Cooked Wasabi Ginger, the winner of the Lay’s “Do Us a Flavor” competition in the USA

Kettle Cooked Wasabi Ginger, the winner of the Lay’s “D...

Lay's Kettle Cooked Wasabi Ginger flavored potato chips is the winner of this year's Lay's "Do Us A F...

How breeders and processors can work together?

How breeders and processors can work together?

Dr Sharon Hall will talk about the needs of the potato industry and how breeders and growers can work wi...

LEAF’s annual President Event to focus on defining resilience and diversity in agriculture

LEAF’s annual President Event to focus on defining resi...

Linking Environment And Farming (LEAF)’s annual President Event will take place on Tuesday November, 11, a...

Florimond Desprez Group acquires Germicopa, a potato seed company

Florimond Desprez Group acquires Germicopa, a potato se...

Florimond Desprez Group acquired Germicopa, one of the most important French potato seed companies and ...

Cargill reinforces its commitment to food security

Cargill reinforces its commitment to food security

Cargill is calling for coordinated action by governments, the private sector and civil society to ensur...

“Why are the fries so good?” McDonald’s answers to all their customers' questions

“Why are the fries so good?” McDonald’s answers to all ...

McDonald's USA invites their customers, fans and food skeptics to ask all they want to know in a campai...

UPDATE Urschel launches its equipment at Emballage Exhibition Paris and International FoodTec India

UPDATE Urschel launches its equipment at Emballage Exhi...

The new Sprint 2 Dicer by Urschel (http://www.urschel.com/) can be seen at Emballage in Paris beginning N...

Launches at Cibus Tec Parma for Urschel: a wide variety of machines ready for attendees

Launches at Cibus Tec Parma for Urschel: a wide variety...

Cibus Tec is combined with Food Pack to serve all areas of food processing and packaging in one locatio...

AVR launches Puma 3, its new four-row harvester

AVR launches Puma 3, its new four-row harvester

Potato machine constructor AVR is introducing its new Puma 3, a machine with tight lines, which grant i...

Potato Week 2014 to take place on October 6-12

Potato Week 2014 to ...

The dates for Potato Week 2014 are October 6-12 and the camp...

Kent Crisps Announces New Branding

Kent Crisps Announce...

AMC Foods announces the re-launch of their popular Kent Cr...

New DiversaCut 2110A Dicer on Display at SIAL in Paris

New DiversaCut 2110A...

Several Urschel cutting machines will be on display at Sal...

McDonald’s Japan Is Releasing Purple Sweet Potato McShake This Autumn

McDonald’s Japan Is ...

McDonald's Japan is rolling out a special purple sweet potat...

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:/...

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...

In honor of National Snack Food Month, Euromonitor analyses the current trends in the US snack industry.

Hot/Spicy Flavours "Heat Up" the Market

Within sweet and savoury snacks, manufacturers are introducing new products aimed at consumers' increasing affinity for hot/spicy flavours.

In April 2011, for instance, Frito-Lay partnered with the Tapatio hot sauce brand to release Tapatio-flavoured Doritos, Fritos, and Ruffles chips/crisps (tortilla, corn, and potato, respectively).

The company also launched its Cheetos Crunchy Fiery Fusion line in 2011, while other manufacturers worked with major hot sauce companies like McIlhenny Co (Tabasco brand) to produce spicy-flavoured snacks.

This trend follows what we have seen in related categories like spicy chili/pepper sauces, which have seen dramatic growth in recent years.

These spicy flavours are especially popular with younger consumers.

Unique Snack Formats Reshape the Industry

New product launches that offer consumers something new and unique in terms of format/taste continue to appeal to consumers.

The success of brands such as Stacy's Pita Chips (Frito-Lay Co) and Kettle Chips (Kettle Foods Inc) has generated new products such as "Popchips" and "Pretzel Crisps."

Frito-Lay also looked to capitalise on these trends by launching its Tostitos Artisan Recipes line in February 2011.

With innovative flavours like Roasted Garlic and Black Bean, Frito Lay hopes that this unique introduction can build on this trend and help spark sales for Tostitos.

"All-Natural" is Key

Frito-Lay, the dominant player in the US sweet and savoury snacks market, has made a push to convert half of its entire US snacks portfolio to a natural-ingredient-only composition in recent years.

Company advertisements featured a chef handcrafting Lay's chips from fresh/natural ingredients in a kitchen, and Frito-Lay even set up a "flavour kitchen" in New York's Times Square in which visitors were invited to observe the company's snack-creation process from natural ingredients and sample various new snack flavours.

Merger/Acquisition Activity Grows

The snacks industry has seen important M&A activity in recent years.

In 2010, a merger between Snyder's of Hanover and Lance Inc created a newly-formed Snyder's-Lance Inc, which was able to leverage its combined distribution network to expand sales.

Then, in April 2011, Diamond Foods announced that it was acquiring Procter & Gamble's iconic Pringles brand in a multi-billion dollar deal.

For Diamond, this acquisition brings one of the largest and most important brands in sweet and savoury snacks to its portfolio and increases the company's stature.

These types of blockbuster deals have reshaped the competitive landscape of the snacks market.

 

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