Wednesday, 03 September 2014

Your Potato Europe VIP Ticket Awaits!

As media partners of the event in Bockerode/Hanover, Germany, Potato Processing International and Potato Storage International is inviting 20 lucky readers to win VIP tickets to 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

Industry Trends: Exotic Cuts

As consumers are increasingly chasing product diversification and the unique, exotic shapes, we’ve analyzed with Key Technology’s John Kadinger the processes involved into manufacturing them, step by step.

Potato Council Announces Growers’ Event SIE14

Potato Council Announces Growers’ Event SIE14

The biennial Seed Industry Event (SIE14), to be held on November, 25, at the Crieff Hydro, will focus on...

Potato Europe to Have 220 Exhibitors from 13 Countries

Potato Europe to Have 220 Exhibitors from 13 Countries

Potato Europe 2014 will take place on September 3-4 at the Rittergut Bockerode estate in Springe-Mittelr...

European Snacks Association Members Amica Chips and Ica Foods Join EU Pledge

European Snacks Association Members Amica Chips and Ica...

Amica Chips and ICA Foods, two major savoury snack companies on the Italian market with a growing intern...

Dewulf Announces Agreement to Acquire Miedema

Dewulf Announces Agreement to Acquire Miedema

The Dewulf group has reached a preliminary agreement for the acquisition of Miedema, the one to go to for...

India’s government asked Pepsico to improve school lunches

India’s government asked Pepsico to improve school lunc...

Food processing minister Harsimrat Kaur Badal announced that India’s government asked PepsiCo to develo...

Tomra announces first step in direct global customer-friendly website

Tomra announces first step in direct global customer-fr...

Tomra Sorting announces the availability of the German language version of its website.

TNA to Present Its Complete Packaging Systems at Pack Expo

TNA to Present Its Complete Packaging Systems at Pack E...

Integrated packaging and processing solutions provider tna will present its range of systems at this ye...

Herbert New Sponge Dryer Removes Surface Moisture with Minimum Maintenance

Herbert New Sponge Dryer Removes Surface Moisture with ...

Sponge and felt dryers from Herbert Engineering, the leaders in root crop handling systems, have been i...

Herbert Previews Its Equipment Line-Up for Potato Europe

Herbert Previews Its Equipment Line-Up for Potato Europ...

The Herbert Oculus next generation optical sorter for washed potatoes and Herbert GF2 box filler will b...

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

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

 Kiremko’s Sliver Remover Gets Upgraded

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

BioSafe Systems Introduces Complete Potato Storage Protection Programme

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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

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

Open Farm Sunday 2014 Review

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

Packaged food sales in India are forecast to soar by more than two-thirds over the next four years, according to research from industry analysts BMI.


Rising disposable incomes and the on-going urbanisation of India's population are set to drive the packaged food market in India, BMI said.

The analysts forecast that, by 2012, packaged food sales will climb over 67 per cent to US$21.7bn, figures that add further weight to the perception of India as a key emerging market for multinational food manufacturers.
The young, urban, rich are also starting to demand more ‘premium' food and beverages, BMI said, a trend that looks set to propel per capita spending on packaged food.

"Although non-essential consumer goods are barely established at the mass-market level, premiumisation is already becoming a viable growth option, particularly among younger consumers in major urban centres," BMI said in its report.

With India's economy forecast to grow at 7.9 per cent a year between now and 2012, multinational interest in the market is ‘massive', BMI said. However, local conglomerates are investing more in the country's food sector, the analysts added.

The likes of Reliance Industries and RPG have broken into India's burgeoning organised retail sector, while the likes of cigarette giants ITC and Godfrey have made moves into packaged food.

Food specialists, like dairy group Amul, are also looking to become ‘food generalists', BMI said.

"A dynamic industry should fuel competition, which will in turn heighten marketing and promotional spending, as well as drive down the price of non-essential, added-value items," BMI added. "Such a trend would fuel consumption and drive down food spending in value terms, with higher volume sales able to offset slightly lower per-unit sales prices."

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