Blog: Petah MarianFunctional foods set to drive growth

Petah Marian | 1 March 2011

With health and wellness becoming an increasingly important factor in the products consumers choose, manufacturers have been quick to jump on the fast-moving functional foods bandwagon.

While the area offers great opportunity, and is set to grow by 3% to 5% year-on-year over the next five years, while essential for consumers, increasing interest from goverments into the validity of these health claims may stymie degree level of growth.

PepsiCo has launched a "global nutrition group" which will aim to deliver innovation accross a number of better-for-you product areas. It is big business for the manufacturer, with the company aiming to boost its nutrition business from aroung US$10bn in 2010 to $30bn by 2010.

Yesterday just-food launched its management briefing on functional foods. The four-part report offers in-depth analysis of the fast-growing channel, outlining the opportunities and issues this sector faces.


BLOG

We wish you a merry Christmas

Today (23 December) is just-food's last day before closing for Christmas. We'll return, raring to go on Tuesday 3 January - but of course there's been plenty of top-notch content that has gone live in...

BLOG

UK food associations come together on Brexit

The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...

BLOG

Amazon cools talk of plans for wave of grocery stores

An update on Amazon's plans for the grocery sector. The usually reticent retailer has this week poured cold water on claims it has plans for 2,000 physical grocery stores....

just-food homepage



Forgot your password?