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Category Archives: CPG News

Drought costs in California

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Drought in California California is an important food-producing region. Continued strong global demand and prices for many of its fruits, nuts and vegetables has helped sustain the farm economy. But the 4 year drought has had a severe impact on agriculture in California. It has already squeezed about 30% of the workers and cropland out of production in 2015 compared to 2014.

In 2015, the state’s agricultural economy will lose about $1.84 billion and 10,100 seasonal jobs because of the drought, with the Central Valley hardest hit.

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Edible insects: facts, trends & European decisions

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edible insects regulation

While insects are a source of dietary protein for roughly 30% of the population worldwide, insects have a far smaller household penetration in the US and Europe.

Scandals about traditional protein sources (meat replacement, eggs issues, recalls etc.), population growth and food shortages ask the question of introducing a cheaper and more sustainable protein source in our meals such as insects. Over 1,000 species of edible insects currently exist. The most common ones include water beetles, wasps and larvae. Ana Christina Day, Founder & CEO of 4ento said, “It only takes 1 litre of water to produce 1 kilo of crickets, in comparison to 22,000 litres of water to produce 1 kilo of beef”.

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Snack forecast for 2015

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food trend 2015 - lascom

According to the well-known Datamonitor Consumer, midnight cereal breaks, energy enhancer sports snacks and on-the-go breakfast replacements are trendy for 2015.
Differently from previous years, the 2015 snack market will be shaped by occasions. “There's always going to be flavor innovation or fortification with ingredients and new types of products but key to growth will be making people purchase products and consume them at a time they haven't considered before,” told Mark Whalley, head of food and drink at Datamonitor Consumer.

 

 

 

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New trend : Nutri-cometics

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Nutri-cosmetics and lascom CPG

Nutri-cosmetics are supplement products that are meant to assist maintaining healthy skin, hair or nails. Nutri-cosmetics contain active ingredient that supports physiological functions to achieve the intended result of a healthier and more youthful appearance over time.

Vitamin A, vitamin D, lycopene and omega 3 fatty acids, resveratrol, red ginseng root or green tea are common ingredients quoted in nutri-cosmtics.

 

 

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Coconut mania

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coconut portfolio management

A few years ago coconut water became the must-drink beverage from London to NY, a new food star was born. As a result, market segment sales went from almost zero in 2004 to nearly $400m by 2013. Coconut water leads the coconut-based products market closely followed by coconut oil and many manufacturers are thinking of launching new products that include coconut in their formula.

 

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New trend: gluten-free products

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The demand for gluten-free foods is booming. Some consumers are affected by celiac disease, wheat allergy or are gluten-intolerant or gluten-sensitive, but a large majority of gluten-free products consumers are in perfect health.
Even naturally gluten-free foods benefit from this new trend. Lots of manufacturers tag or label their food “gluten-free” even if it did not contain any trace of gluten originally e.g. vegetable or fish
This infographic shows some facts about gluten-free food

gluten free trend

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