Tag Archives: Bakery

The New Zealand peanut butter company took a local production route for US expansion to cut quota challenges | Instant News

When we talked to Fix & Fogg last yearThe company has just begun to focus on expanding APAC into countries such as Australia, the Philippines and Singapore, and has since set its sights on the United States peanut butter market as a way to ‘become big’.

“We want to be big, and the US is just that. Americans are known for their love of peanut butter, but most of it is filled with palm oil, “Spokesperson for Fix & Fogg Marketing and Export Lisa Pujper told me FoodNavigator-Asia.

“We bring a better alternative and show people how good real peanut butter is – at this stage we only bring our line of peanut butter and the variants of Smooth Peanut Butter and Dark Chocolate Peanut Butter have become big hits there.”

The company chose to establish its own local production facility in the US last year when it was too late to know that there was an import quota for peanut butter from all countries, preventing it from increasing or even having certainty the amount that could be imported in.

“Last year we found – very disappointing – that the peanut butter that we sent to America could no longer enter the market without being slapped at a large rate,” Piper said.

“It turns out that America has an annual peanut butter quota which is only possible in certain amounts each year.”

The peanut butter quota encountered by Fix & Fogg is actually a product of a two-decade old proclamation signed in 1994 by then President Bill Clinton as part of the Uruguay Round Agreement on US Agricultural Commodities.


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The Nature Reserve wants to bring the processing plant to the supplier | Instant News

As the company founder explained in this episode FoodNavigator – US Investment for the Future of FoodSometimes too much good – including market potential – can be bad if entrepreneurs spread too thin to make the measurable impact needed to validate concepts and trigger future growth.

To avoid this fate, Nature preserveJoin 11thCohort of Food-X SOSV AcceleratorWhere he works with a mentor to develop a strategic business plan that is suitable for it’s size and resources.

‘We need to change the way … food is processed’

The idea for the Nature Reserve came to the founder Anantha Peramuna when she was fed up with fruit and vegetables that her coworkers used to make pampering smoothies and make offices “Smells like a garbage can.”He realized that if he dried the product into powder, there would be less waste and easier to make smoothies.

Wondering whether the same technique can help alleviate 45% of products wasted globally, Peramuna learned that although it is easy to buy surplus products, it is not easy to process them because the facility may be far from the source of the product or there may not be available at the facility to process the product when it’s cooked.

His “Elegant solution”Is to bring processing facilities to farms, retailers, or other points in the supply chain by reducing the entire facility to a mobile unit that can dry or purify the product on site.

“We have a mission to change the way food is processed around the world. So, we miniature this large processing plant into a small cellular trailer so that food can be processed anywhere in the supply chain, “He said.


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Consumers monitor fats and oils in packaged foods: Cargill | Instant News

The study, called FATitudes, confirms that consumers track what enters their bodies by reading packaged food labels, with the types of fats and oils being a strong purchase consideration factor.

FATitudes is a research conducted by Cargill every year to learn more about the awareness, perceptions and behavior of consumers around fats and oils found in packaged foods, and to help inform the future of food innovation. In an expanded survey this year, around 6,600 primary household food buyers were surveyed in 12 countries including France, Germany, Russia and the United Kingdom.

The study revealed that consumers in developing countries reported higher levels of fat and oil monitoring (78%) compared to developed countries, including France, Germany and the United Kingdom (55%), with Chinese consumers paying the most attention (89%) and German consumers (48%) monitor the fewest. Cargill places this on the issue of greater food security in countries like China.

Other key findings from this study include the majority of global consumers who report the amount of fat (70%) and type of oil (67%) are important factors when deciding which packaged food to buy.

For consumers in the UK, the amount of fat (62%) is more important in purchasing decisions than the type of oil (52%). Only about a third of French consumers (35%) say they pay attention to the amount or type of oil used in restaurants.

“This type of research is important because it gives Cargill and our customers directions for our innovation efforts,”Said Nese Tagma, managing director of strategy and innovation for Cargill’s global vegetable oil business. “Because consumers’ attitudes to fats and oils have changed in the last few years, we know they are interested in consuming healthy amounts of oil.”


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Food forgery and waste continue unceasingly in Pakistan despite supply concerns | Instant News

Pakistan’s food industry has been faced with various internal threats such as rampant rumorsAbout local food such as goat meat creates further inequality, the sector that needs it tax relief, Dan skyrocketing food pricesIn the middle political upheaval, But COVID-19 has exacerbated the problem by causing a national labor shortage and disrupting global trade and supply chains.

Even worse, after its recent lockdown, COVID-19 infection appears to have returned to an increasing trend in the country, leaving the government with difficult health and economic choices, as many of its citizens have faced severe poverty. On May 25, the number of COVID-19 infections in Pakistan reached 56,349, with 1,167 deaths.

Recent reports of increasing locust attacks on winter-sown crops such as wheat, chickpeas and vegetable oil have also hit the country, with indications that this is the worst attack experienced by Pakistan in 20 years, prompting Prime Minister Imran Khan to declare a national emergency. this new crisis – another nail in the coffin for the hope of the country increasing food supply.

Any country confronted with such concerns is likely to save as much food supply as possible and avoid waste as much as possible – but Pakistan does not yet have the luxury because of the continued falsification of food and drink, forcing authorities to basically discard food that could be part of state supply if it has been handled properly.

“That Khyber Pakhtunkhwa (KP) the Food Safety Authority found 2,000 liters of milk mixed, chemically mixed and substandard [in a single raid] – all this is destroyed, “KP Food Authority Sohail Ahmad Khan said in an official statement earlier this month.


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Concern for the welfare of employees during a pandemic has an impact on perceptions of food security, access | Instant News

Concerns about access to food and drink during the COVID-19 outbreak have experienced a steady decline from a peak of more than 75% of consumers on the week of March 18, until the beginning of this month when it increased slightly from 61% during the week of April 22 to 63% on the week of May 6 , according to the latest Consumer Brands Association weekly installments survey An American perspective on a pandemic.

CBA’s industry narrative senior director Katie Denis explained in a blog post on the trade association’s website that the uptick follows news of the closure of meat and poultry processing and the threat of shortages, “The problem 76% of respondents are familiar with.”

This reflects a decrease in consumer confidence in the ability of producers to supply sufficient food expressed by a survey Performed by the International Food Information Council May 7-12 and released May 20.

According to the IFIC survey, 73% of consumers believe that producers can produce enough food to meet consumer needs next month – down from 77% in April when IFIC conducted a similar survey.

Of the various food categories, concerns about access to meat are the highest, according to the IFIC. It found 21% of people worried about running out of meat versus 19% who were afraid of running out of fresh food and 16% of those worried about not having enough healthy food. While access to healthy food is lower on the list of consumer fears, the IFIC noted that it more than doubled from 9% in April.

Despite rising concerns about access to meat and other animal products, IFIC found that about half of consumers consume the same amount of most types of protein. Specifically, it was found that 50% said they consumed the same amount of meat, eggs and milk and vegetable protein.


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The home-food index in April 2020 recorded ‘the biggest monthly increase since February 1974’ | Instant News

In the latest report from the US Bureau of Labor Statistics,The overall consumer price index – a measure of changes in average prices over time for goods and services purchased by US households – fell 0.8% in April, the biggest one-month decline since 2008.

However, the seasonally adjusted home food index – a proxy for inflation in the level of foodstuffs – rose 2.6%, driven by overall price increases, with significant egg price increases (+ 16.1%), meat (+3, 3)%), chicken (+ 5.8%) and cereal & bread products (+ 2.9%) when supply chain disruptions begin to impact retail prices.

The FAO sugar price index is at a 13-year low

At the same time, UN FAO Food Price Index, Which tracks international prices of the most commonly traded food commodities, down 3.4% in April, while the sugar price index reached a 13-year low as falling oil prices reduced demand for sugarcane to produce ethanol, shifting output to sugar production and expanding availability export.

The FAO Vegetable Oil Price Index, meanwhile, fell 5.2% in April, partly driven by a decline in demand for biofuels, a decline in demand from the food sector and palm oil production that was higher than expected in Malaysia and the destruction of soybeans in the US.

The FAO Cereal Price Index fell only slightly, as international prices of wheat and rice rose significantly while corn prices fell sharply.

Double digit decline in global butter and milk powder prices

While milk prices rose slightly at US grocery stores, meanwhile, the FAO Dairy Price Index fell 3.6%, with butter and milk powder prices falling double digits amid increased export availability, increased inventories, weak import demand, and decreased sales restaurant in the US. northern hemisphere, FAO said.


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New Zealand’s F&B investment guide highlights Asia as its biggest opportunity | Instant News

This guide, directly referred to Investor’s Guide to the New Zealand 2020 Food and Beverage industry, Commissioned by the New Zealand Ministry of Business, Innovation and Employment (MBIE) and compiled by the Coriolis research institute.

According to the report’s author, this guide is intended to gather information about the local food and beverage industry and organize it ‘in a form that is familiar and beneficial to businesses’, Mainly because of the importance of this industry for the country’s economy.

“The F&B industry accounts for 46% of all exports of goods and services from New Zealand, [and we are also] the world’s largest exporter of dairy and lamb products in addition to being a major exporter of beef, kiwifruit, apples and seafood, ” The report said.

The New Zealand F&B industry generated a combined revenue of NZ $ 71.7 billion (US $ 40.4 billion) in 2018-2019.

It was also emphasized that Asia had become New Zealand’s biggest destination, and was key to the growth of local industry.

“[Although] New Zealand exports food and beverages to various destinations, Asia is now the largest destination. Emerging markets – especially China – drive New Zealand food & beverage export growth, “Said the writer.

The value of China as an F&B export destination stood at NZ $ 6.14 billion (US $ 3.47 billion) in 2018, surpassing its closest competitors Australia (NZ $ 2.56 billion / US $ 1.45 billion) and the United States (NZ $ 2.53 billion / US $ 1.43 billion) by almost three times. Even the Southeast Asian region with 10 member countries joined stands at NZ $ 2.85 billion (US $ 1.61 billion), more than Australia or the US.


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The Alton Spouse Shares a Look in Service and Business in Italy During the Coronavirus Crisis | Instant News

Alton Spouse Shares Look in Services and Businesses in Italy During the Coronavirus Crisis | RiverBender.com


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The New Zealand report calls for improvement of the national agricultural strategy | Instant News

The Green Protein Report was launched earlier this year with support from The Vegan Society of Aotearoa New Zealand and places a strong emphasis on the ‘must’ for countries to depend on animal agriculture, especially meat and dairy, its two largest industries.

“Animal husbandry and animal exports are not the only options for maintaining a healthy New Zealand economy. In fact, in a balanced way, they do more damage than good, “The report’s authors said, ProVeg International Director Jasmijn de Boo and Professor Andrew Knight from the University of Winchester.

“Diseases, like the recent Mycoplasma bovis outbreak, have led to the decision to destroy hundreds of thousands of cattle. Scarce MPI resources are spent dealing with such diseases, while other regions lack resources. “

The dairy sector is one of New Zealand’s biggest economic drivers. According to the local Department of Primary Industry (MPI), milk export revenues are estimated to rise 8.4% to NZ $ 19.6 billion (US $ 11.79 billion) for the year ending June 2020, and even with the recent COVID-19 outbreak this, this industry came into being weathering is better than mostWith export volumes remaining stable.

However, the Green Protein report claims that despite exceptional performance throughout the year, the Costs actually costs ’Milk has not been highlighted by the company.

“New Zealand is proud of its global dominance in the dairy market and its clean green image. However, the true costs, for animals, the environment and society are not well reflected in ordinary financial statements, “Said the writer.


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