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Archives 2016

Understanding the impact of natural and organic labels in the foodservice industry

December 15, 2016 |by indiafood forum | Comments Off on Understanding the impact of natural and organic labels in the foodservice industry | FOOD SERVICE |

Natural and organic labels, which have long been present on food and beverages in the grocery channel, are increasingly popping up on away-from-home menus. According to a recent Multi Client Study by Technomic Inc., more than 1 in 5 Top 500 Restaurant Chain Menus offer items described as “natural” or “organic”, and 4 in 5 operators that offer natural and organic menu items say these options have driven sales and traffic. With results like that, it is important that suppliers and operators in the foodservice industry understand the drivers of the trend and the potential impact on the industry and on their business…READ MORE

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Demonetization move prompts digitisation of milk procurement

December 15, 2016 |by indiafood forum | Comments Off on Demonetization move prompts digitisation of milk procurement | FOOD & GROCERY | ,

HDFC Bank’s two-year-old milk-to-money programme, which has been extended to 12 states, is now seeing demand from milk procurers all over the country…READ MORE

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Paper Boat has wind in its sales, but losses rise

December 15, 2016 |by indiafood forum | Comments Off on Paper Boat has wind in its sales, but losses rise | FOOD & GROCERY | ,

The seven-year old company posted sales of Rs 72 crore for 2015-16, up from Rs 32 crore in the previous year. Its net loss in 2014-15 was Rs 22.6 crore…READ MORE

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Fonterra makes single biggest food service investment in NZ dairy history at Clandeboye

December 14, 2016 |by indiafood forum | Comments Off on Fonterra makes single biggest food service investment in NZ dairy history at Clandeboye | FOOD SERVICE | ,

A new $240 million mozzarella plant will be built at Fonterra Clandeboye, in South Canterbury, in what will be the single biggest foodservice investment in the history of New Zealand dairy. The site, just north of Temuka, will be cemented as the largest producer of the natural cheese in the Southern Hemisphere…READ MORE

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Foodservice growth will continue to slow in 2017, says Horizons

December 14, 2016 |by indiafood forum | Comments Off on Foodservice growth will continue to slow in 2017, says Horizons | FOOD SERVICE | ,

Consumer confidence is set to falter in 2017 prompting foodservice growth to continue to slow, according to foodservice analyst Horizons. The firm said economic uncertainty ahead of Britain’s exit from the European Union is likely to prompt consumers to reduce their discretionary spend and seek better value for money from operators…READ MORE

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4 Foodservice trends operators need to follow in 2017

December 14, 2016 |by indiafood forum | Comments Off on 4 Foodservice trends operators need to follow in 2017 | FOOD SERVICE |

Mintel, a leading market intelligence agency, announced the four key trends set to transform the US foodservice industry in 2017—highlighting ingredient, technology, and experience trends expected to make an impact on the market…READ MORE

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Hot drinks, home care, packaged foods less likely to be impacted by demonetization

December 14, 2016 |by indiafood forum | Comments Off on Hot drinks, home care, packaged foods less likely to be impacted by demonetization | FOOD & GROCERY | ,

Euromonitor Internationalwhich is a market research organisation on consumer products, commercial industries, demographics trends and consumer lifestyles in India today said industries with low income elasticity, such as hot drinks, home care and packaged food etc are less likely to be impacted adversely due to the short-term cash crunch…READ MORE

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Sears Canada takes gamble on groceries

December 14, 2016 |by indiafood forum | Comments Off on Sears Canada takes gamble on groceries | FOOD & GROCERY | ,

Sears Canada, which has been struggling with store closures and sagging sales, said Friday it will venture into the grocery business in an effort to lure shoppers…READ MORE

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Walmart beefs up delivery options for online shoppers as Christmas countdown begins

December 14, 2016 |by indiafood forum | Comments Off on Walmart beefs up delivery options for online shoppers as Christmas countdown begins | FOOD & GROCERY | ,

With 12 days left until Christmas, Walmart is vying to be the online and in-store destination for procrastinators by beefing up purchasing and pick-up options for shoppers…READ MORE

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Amma canteens beat the Chennai cyclone

December 13, 2016 |by indiafood forum | Comments Off on Amma canteens beat the Chennai cyclone | FOOD SERVICE | ,

Chennai may have had another tryst with extreme weather – Monday’s cyclone Vardah with wind speeds of 120+kmph – but former chief minister J Jayalalithaa’s most far-reaching welfare project, the Amma canteens, ensured that the city did not have to bear the ordeal on an empty stomach…READ MORE

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