Food Business News - June 17, 2014 - (Page 24)

said. "We want to be part of that." He said there are many trends supporting Nestle's initiative, most notably the rise in health care costs. "We are speaking of health care costs in the trillions," he said. "And the trillions are only in the developed world, to some extent, because the emerging markets are starting to build up their health care systems." Nestle has identified five platforms Nestle Health Science will focus on, including aging, brain health, intensive care, pediatrics and gastrointestinal. "So you have these platforms, which are just a fraction of the market, but the ones we want to focus on," Mr. Bulcke said. "We have said let's be first and pioneer a position in a market in the making. It's not a clear market; it's not a clear category. There is a lot of dust that needs to settle, but we want to be in the driver's seat." FBN WHICH GRAIN adds whole grain appeal NATURALLY & ECONOMICALLY? Naturally make your favorite foods healthier. WE'RE DIDION. We've been in the corn business for over 40 years, TM 24 FOODBUSINESSNEWS ® (913) 484-3452 Nestle sees emerging markets as an e-commerce opportunity BOSTON - The proliferation of mobile technology will drive the development of e-commerce in emerging markets, said Paul Bulcke, chief executive officer of Nestle. In developed markets, Mr. Bulcke sees the development of business plans being more complicated. "I do believe we have much more opportunity in the developing world in ecommerce," Mr. Bulcke said June 4 during a meeting with investment analysts. "Why? Because, for me, e-commerce is going to lead our connection with the emerging markets, with emerging consumers. Because you go to villages in Africa and you know they are not going to have a Wal-Mart on every corner. You don't have the infrastructure; you don't have roads getting there. What is going to get there is e-commerce. Why? Because in Africa one billion people live there, and you have 100, 150 million cell phones all connected to the Internet. In China - their second-, third-, fourth-tier cities - how do you get there? E-commerce." But Mr. Bulcke was quick to point out that in developed markets the issue is more complicated. "The fact is we do direct not to bypass retail," he said. "If the motivation for direct was to bypass retail that would be a wrong motivation, because at the end of the day you would alienate your best partner. "We are partnering at the end of the day and that is how we want to go about our relationship. Now, they (retailers) are looking quite a lot at 'E,' too. So how can we guard their e-journey? "That does not mean we should not go 'E' ourselves. I mentioned that in the developing, emerging markets there are e-dimensions that are not retail based, because retail is not even there." FBN June 17, 2014

Table of Contents for the Digital Edition of Food Business News - June 17, 2014

Food Business News - June 17, 2014
Tyson building a prepared foods powerhouse
Sodium reduction: Aiming at the target
Mid-year markets spotlight
Web Contents
Editorial - Preventing food fraud must be a priority
Peanut butter innovaton propels Smucker
Pinnacle opens pilot plant at Rutgers
Consumer interest in protein remains high
Trashing trillions of calories
Health science at the center of Nestle’s strategy
Nestle sees emerging markets as an e-commerce opportunity
McDonald’s U.S. sales still slipping
Innovation popping at Diamond Foods
Emerging natural and organic food and beverage trends
B&G Foods goes clubbing
C-suite focus shifting toward greater effi ciencies
Krispy Kreme looks to create buzz with licensed coff ee
Private label, sustainability shaping Hain Celestial’s strategy
Quality Egg executives plead guilty to selling adulterated products
Redefining food allergens
Have your cake and quinoa, too
Three snack makers to watch
Flavor mining
Ancient grains for modern trends
Ancient grains in America
All systems go on sustainability strategies
Targeting sodium reduction
General Mills launches Cheerios Protein
Wonka introduces Peel-a-Pops
Ready Pac expands on-the-go meals
Pacifi c Foods adds to hummus offerings
Big chicken fi llet sandwiches debut
Breyers off ers gluten-free ice cream
oCrunch and Kellogg’s partner to create cereal bowl
Stoneridge Orchards launches new dried whole fruit products
GoOrganic debuts fruit chews
popchips rolls out veggie chip line
On the Border debuts smart menu selections
Annie’s announces snack and mini meal kits
Gold’n Plump upgrades frozen chicken patties
Ingredient Market Trends - U.S.D.A. raises U.S. and world wheat ending stocks forecasts
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - June 17, 2014