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Business News
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Private labels soaring while economy tanks
Private label product sales are increasing past
those of name-brand counterparts due to the poor economy and will continue to
do so in the next year, according to industry experts.
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Ready-to-eat meal sales increasing
Of the roughly 62 billion commercial foodservice
meals and snacked consumed per year, 6% are purchased at retail outlets
including food, drug, discount, department and price clubs, and an additional
7% are purchased at convenience stores, according to a new report from The NPD
Group, a market research company.
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Aseptic on rise in the soup aisle
Aseptic soups are the fastest-growing category
of soups by package type, growing 26% during 2007, according to statistics from
Nielsen.
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Doubts surround containerboard price hike's success
Corrugated container producers are growing
pessimistic toward October’s containerboard price hike and pass-through to box
prices despite continued tight containerboard supply, according to a Longbow
Research survey.
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 | On-product labels detail green claims
The Sustainable Forestry Initiative (SFI)
introduced its on-product labels to give consumers and businesses more detailed
information supporting “green” claims.
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PLA undergoes criticism
Polylactic acid (PLA) biopolymer is undergoing
criticism for not being compostable or recyclable by consumers.
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Study: Food allergies over-reported
Between 10% and 20% of people claim to have food
allergies, but the real number may only be half this, according to a study
published in the German journal Deutsches Ärzteblatt International.
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 | Americans love their snacks
Snacking is firmly entrenched in American eating habits and will increase 14% by 2017, according to a report by the NPD Group.
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Tyson changes meat labeling
Tyson will identify the United States as origin
for a majority of its premium beef and pork products, thus meeting federal
requirements for country-of-origin labeling (COOL).
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