Food market quotes of the week – Danone, Arla, Nestle
Arla's Tomas Pietrangeli details the company's growth plans in the UK
Danone expanded its Indian presence, Arla detailed plans to boost its UK business and just-food examined the potential of healthy ageing products. Here is just-food's week in words.
"Acceptance really is one bite at a time and will come when people realise how good hemp is to them as well as for them," Richard Rose, founder and president of HempNut Inc., on the potential of hemp-based food products
"A lot of companies interested in selling organic products are having trouble finding farmers to supply them. That to us is a signal that there is a real opportunity here for American farmers and we want to make sure they have the tools to take advantage of it." The USDA's agricultural marketing service (AMS) Elanor Starmer says an under supply of organic is an opportunity for growers
"Our category strategy of investing behind our brands continues to deliver results, despite the wider deflationary grocery market in the UK." CEO Gavin Darby is upbeat after the company delivers another quarter of sales growth
"We want Arla to be the name that people know, love and trust for dairy. We have developed a strategy that delivers clear consumer benefits by re-engaging them in the most innovative, unexpected, responsible and efficient way." Arla's UK managing director Tomas Pietrangeli details the firm's plans to grow revenue by nearly a third and make the firm a GBP400m (US$529m) household brand by 2020 in the UK
"Danone is constantly building innovative products to suit the Indian palate and nutritional requirements. Consumers are looking for value-added-dairy products, which are satisfying and healthy. Our entry in Chennai is an important step towards expanding our footprint across key markets in India." Danone India head Manjari Upahyde on the company's plans to expand in the country
"Over the last five years, we've taken a number of bold steps to reposition the company for not just profitable, but sustainable growth. But we have higher aspirations for the food we make, the role we play in people's lives and improving our growth trajectory. That's why it's necessary to continue to relentlessly improve ourselves, our food, our business and our culture to further differentiate Campbell and to forge a meaningful and lasting place in the lives of new generations of consumers." Campbell Soup Co president and CEO Denise Morrison on the company's plans to respond to new consumer trends
"Our foods portfolio is now much more focused on attractive segments, the largest is cooking ingredients [via the Knorr brand]... Of course there is still a drag from spreads but even with this foods is accelerating." Unilever CEO Paul Polman concedes spreads continues to weigh on the food segment
"There is a clear need to better understand the nutritional needs and the related physiological response in the elderly. Knowledge building in this area will provide the base to new concepts of products to provide solutions in nutrition and health in this population. These concepts will be further advanced by dedicated product development teams." Fabrizio Arigoni, who heads up the healthy ageing programme at Nestle Research, on product development
"Nestle's recently appointed CEO with a background in the medical industry is a testimony to Nestle's goal to redefine itself as a nutrition and health company." Euromonitor analyst Lianne van den Bos on the consequences of executive changes at Nestle
"We get daily requests from customers in the UK looking for Nobo so it's great to be able to point them in the direction of their nearest Whole Foods." Nobo co-founder Brian Nolan on the Irish firm's expansion into the UK
Sectors: Advertising & labelling, Baby food, Bakery, Canned food, Cereal, Chilled foods, Commodities & ingredients, Condiments, dressings & sauces, Confectionery, Dairy, Dried foods, Emerging markets, Financials, Food safety, Free-from, Fresh produce, Frozen, Health & wellness, Ice cream, Meat & poultry, Mergers & acquisitions, Multichannel, Natural & organic, NPD & innovation, Private label, Retailers, Seafood, Snacks, Sustainability & the environment, World foods
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