Food Business News - May 26, 2009 - 1
FoodBusinessNews
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NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY
Back door
nutrition
May 26, 2009
Innovation on hold
Analysts say thinner new product pipeline makes sense ... for now
24
Savoring
snack
flavors
3
37
Future carbon
footprints
60
MARKET WATCH
N
ew product introductions, long
thought to be the lifeblood
of food company growth, has
slowed markedly, Wall Street
analysts interviewed last
week by Food Business
News said.
The analysts applauded
the retrenchment ... at
least for the near term.
"I can't give you a
statistic to corroborate that, but I've
definitely heard companies put aside some
new product development because they don't
expect consumers to be very adventurous in this environment," said
Mitchell Pinheiro, an analyst with Janney Montgomery in Philadelphia.
"I think most companies are talking
about promoting value as opposed to
Continued
tinued on Page 43
Grade A large egg prices
120
Stevia: Seeking answers on
taste, supply and cost
100
80
60
cents per dozen
40
Jan.
2009
Feb.
March April
May
Retail egg prices have dropped
50% since their Easter peak.
Sweetener suppliers ramp up supply, await consumer response
C
oncerns over supply and consumer taste acceptance still linger for stevia-based sweeteners,
but count Hank Cardello, a Diet Coke
brand manager in the 1980s, as a fan.
Mr. Cardello, chief executive officer of
the advisory company 27 Degrees North,
said he sees parallels between the introduction of Rebaudioside A, an allnatural zero-calorie sweetener extracted
from the stevia plant, and the introduction of aspartame, which is used in the
production of NutraSweet.
"I think it could revolutionize the business the same way aspartame did for diet
drinks in the early 1980s," he said.
The U.S. Food and Drug Administration
in December said it had no objections to
the use of Rebaudioside A in foods and
beverages. Recently launched beverages
such as Sprite Green and Vitaminwater 10
Continued on Page 55
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Food Business News - May 26, 2009
Table of Contents for the Digital Edition of Food Business News - May 26, 2009
Contents
Food Business News - May 26, 2009 - 1
Food Business News - May 26, 2009 - 2
Food Business News - May 26, 2009 - 3
Food Business News - May 26, 2009 - Contents
Food Business News - May 26, 2009 - 5
Food Business News - May 26, 2009 - 6
Food Business News - May 26, 2009 - 7
Food Business News - May 26, 2009 - 8
Food Business News - May 26, 2009 - 9
Food Business News - May 26, 2009 - 10
Food Business News - May 26, 2009 - 11
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Food Business News - May 26, 2009 - 14
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Food Business News - May 26, 2009 - 27
Food Business News - May 26, 2009 - 28
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Food Business News - May 26, 2009 - 37
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Food Business News - May 26, 2009 - 39
Food Business News - May 26, 2009 - 40
Food Business News - May 26, 2009 - 41
Food Business News - May 26, 2009 - 42
Food Business News - May 26, 2009 - 43
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Food Business News - May 26, 2009 - 45
Food Business News - May 26, 2009 - 46
Food Business News - May 26, 2009 - 47
Food Business News - May 26, 2009 - 48
Food Business News - May 26, 2009 - 49
Food Business News - May 26, 2009 - 50
Food Business News - May 26, 2009 - 51
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Food Business News - May 26, 2009 - 53
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Food Business News - May 26, 2009 - 55
Food Business News - May 26, 2009 - 56
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Food Business News - May 26, 2009 - 111
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