Food Business News - October 23, 2012 - (Page 18)

Softer demand slows rate of Nestle sales growth Economic conditions in developed markets remain challenging Continued from Page 1 Bulcke, chief executive officer. “It is the result of the capabilities built over time in innovation, distribution and engaging with consumers. We delivered double-digit growth in emerging markets, where we are expanding our routes to market and enhancing our product offerings. We grew in the intensely competitive developed markets in spite of a general economic malaise and low levels of consumer confidence. Our continued momentum in real internal growth, combined with some easing of input cost pressures, allows us to confirm our full-year outlook.” Zone Americas had sales of 20,892 million Swiss francs ($22,642 million), up 9% from 19,131 million Swiss francs during the same period of the previous year. The company said the market for frozen meals and pizza continued to decline in North America, but Stouffer’s and Lean Cuisine performance improved. To offset some of the decline in frozen foods, the company said it has “meaningful launches” coming for both Lean Cuisine and frozen pizza in the months ahead. anIn a conference call with finany cial analysts on Oct. 18, Roddy Child-Villiers, head of investor relations for Nestle, said the Americas region had 6.1% organic growth and 1.5% real internal growth. “… the environment, particularly in the north, is not conducive to growth,” he said. “So this performance, continuing positive growth in t the U.S.A., should be seen in that context.” omMr. Child-Villiers said the company saw real internal growth in its North American ice cream business compared to this past quarter. “The category saw high pricing at the start of the year,” Mr. Child-Villiers said. “This impacted volumes across the category and contributed to share gains in premium by private label. We are seeing better performances in snacks, brands such as Häagen-Dazs and Drumstick.” The company said it is positioned to deliver organic growth of 5% to 6%, improved margin and underlying earnings per share in constant currencies. FBN ConAgra Foods looks to heighten focus on nutrition addition Foods. “Eating should be an enjoyable experience, which is why we are excited to present these res search findings that e encourage people t to stop thinking a about foods they s shouldn’t be eati ing and, instead, f focus on foods that h help to enhance a h healthful lifestyle.” Noting that the U U.S. Department of A Agriculture’s Dietary Guidelines for Americans highlight whole grains as a “food to increase” in the diet, ConAgra highlighted data that showed snacking with popcorn has the potential to help people meet the U.S.D.A.’s recommended whole grain threshold. The company owns the Orville Redenbacher’s brand of popcorn. ConAgra also discussed the findings of a study that focused on portion control and how the replacement of a restaurant meal with a pre-portioned, single-serve meal such as those found under the Healthy Choice brand may improve consumer health. The study showed eating frozen, portion-controlled meals for lunch may be an effective way to decrease calorie intake and improve diet quality. Study participants saw their diets decrease in total fat, saturated fat, trans fatty acids and sodium while overall calories consumed per day decreased while intake of dairy, fruit and vegetables increased. The third study addressed how canned tomatoes are a source of antioxidants. Calling canned tomatoes like the company’s Hunt’s line of products an “achievable option,” ConAgra Foods said they are available all year long and provide a convenient, cost-effective way to increase antioxidant intake. “Years of research show restrictive diets are challenging for people to follow for long periods of time,” said James Rippe, founder and director of the Rippe Lifestyle Institute, a research and health promotion organizations and the research institution that conducted these studies. “It is easier for people to look at healthy eating through a positive lens by focusing on foods they can eat to improve their overall diet — more so than foods they can’t eat.” FBN OMAHA — ConAgra Foods, Inc. is working to shift consumer focus away from removing nutrients perceived as unhealthy from their diet and adding nutrients perceived as healthy. To support its effort, the company presented three studies at the Food & Nutrition Conference and Expo that took place in Philadelphia earlier this month. “Americans are tired of hearing about diet recommendations that focus on foods to avoid,” said Kristin Reimers, Ph.D., R.D., nutrition manager for ConAgra 18 FOODBUSINESS NEWS ® October 23, 2012

Table of Contents for the Digital Edition of Food Business News - October 23, 2012

Food Business News - October 23, 2012
Private label penetration forecast to grow in U.S.
Softer demand slows rate of Nestle sales growth
Drought’s impact becomes clearer
Table of Contents
Web Contents
Editorial - Food issues dampened before election
Culver acquisition boosts B&G third-quarter income
Foreign exchange rate cuts into McDonald’s earnings
Structural changes cut into PepsiCo sales in third quarter
Legislation proposed to track antibiotic use on farms
Dean Foods posts preliminary WhiteWave-Alpro results
California poultry processor files for Chapter 11 protection
Peapod testing virtual grocery stores in the Northeast
Shell egg prices push Cal-Maine income up sharply
ConAgra to close pork processing plant
Cereal Partners Worldwide to reduce sugar, sodium
Frozen food sales projected to remain sluggish
New food safety effort targets consumers
ConAgra Foods looks to heighten focus on nutrition addition
Cholesterol profile of U.S. adults improving
Food and beverage C.P.I. increases in September
Strong China results boost Yum! earnings
Global Greek yogurt introductions accelerate
Sunland recall reverberates throughout the industry
JBS USA has option to acquire XL Foods
Washington - F.D.A. issues guidance for food facility registration
Sports Nutrition - Broadening the appeal for sports nutrition products
Ingredient Innovations - Ushering in the next generation
Convenience Store Trends - On-the-go gourmet
Beverage Business News - Looking for a Pepsi rebound
Old Orchard debuts frozen sweet tea line
Red Bull to add fruit-flavored energy drinks
Lawsuit takes aim at New York’s 16-oz beverage rule
Coca-Cola profit climbs on volume growth
Beverage industry embraces calorie counts on vending machines
Journal report links sugary beverages to obesity
Tingyi partnership poised for flight
Beverage still tops at Pepsi...barely
Beverage Trends - An (energy) shot in the arm
New Food Products
Ingredient Market Trends - CME Group to acquire the K.C.B.T
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - October 23, 2012