Food Business News - October 4, 2016 - 12

THE GROWING POWER of plant-based foods Sales of meat- and dairy-free products are growing at twice the rate of the total food and beverage industry, according to SPINS BALTIMORE - A number of innovative plant-based food and beverage offerings debuted at Natural Products Expo East, underscoring a growing demand for meat- and dairy-free options among vegans, vegetarians and omnivores alike. The plant-based food and beverage market now exceeds $4.9 billion in U.S. sales, growing 3.5% since last year and outpacing the total food and beverage industry, said Kora Lazarski, strategic alliance manager of SPINS, a Chicago-based industry tracker. "This is very promising because when you look at the total food and beverage landscape, the growth is only about 1.7%," Ms. Lazarski said during a panel presentation at Expo East, which was held Sept. 21-24 in Baltimore. "So it's fair to say that plant-based foods are growing at twice the rate of the rest of the industry." Driven by health, environmental and animal welfare concerns, more than a third 12 FOODBUSINESS NEWS ® of Americans eat at least one vegetarian meal per week, and just over a quarter of consumers say they ate less animal meat in the past year, said Michele Simon, executive director of the Plant Based Foods Association. Additionally, more than half of consumers say they want to eat more plant-based foods, a trend that has caught the attention of the Kroger Co., said Mathis Martines, who leads the retailer's Emerging Brands, Innovation and Merchandising Solutions segment. "One of the biggest things that we have to go after is the plant-based foods industry because it's important for the health of our customer, and it's important to the health of our company," Mr. Martines said during the presentation. "As we move forward, we see this only growing." The movement is propelling strong growth at Daiya Foods, a maker of non-dairy cheese substitutes, yogurts and more, which sells its products in 35,000 stores and expects to generate more than $100 million in revenue this year, said Michael Lynch, vice-president of marketing. "People now know the benefits of plant-based; they either embrace plant-based because they feel it's good for them from a health perspective or from the planet, climate, environmental perspective, or it's good for animals," Mr. Lynch said. "We very much believe that this is not a trend, this is not a fad. This is a fundamental consumer shift, and for those who haven't made the shift yet, unfortunately, there are climatic changes at play that are going to force that." The plant-based market is driven by refrigerated and frozen meat alternatives, refrigerated and frozen non-dairy beverages, tofu and cheese alternatives, which collectively account for more than 90% of sales. Smaller categories contributing growth include meat alternative dishes, other dairy alternatives, meatless jerky and snacks, and vegan mayonnaise and similar products. While conventional retailers drive the bulk of sales volume, the specialty and natural channels are posting the fastest growth of plant-based foods, up 6.8% and 11.6%, respectively, over last year, Ms. Lazarski said. "If you take a look at the cheese alternatives as well as refrigerated meat alternatives, they're really small ... only about 2% of dollar sales in this almost $5 billion category, but they are punching way above their weight class," Ms. Lazarski said. "We see 6% of contribution to growth from cheeses as well as 5% growth of refrigerated meat alternatives. It shows that even though it's a much smaller category it really is driving a lot of the growth, and there's a lot of potential in those categories to expand even more." Non-dairy beverage sales rose 3.1% to $4.1 billion in the past year, led by growth in refrigerated milk alternatives that offset declines in shelfstable, soy and rice milks. New ingredients, technologies and formats of milk and dairy replacements are moving the segment forward, Ms. Lazarski said. "Macadamia and tiger nuts are a few of the non-dairy beverages we see having a lot of potential and coming out quickly," Ms. Lazarski said. "There's also walnut milks and pistachio milks are on the very leading edge that we don't have much data on but expect October 4, 2016

Table of Contents for the Digital Edition of Food Business News - October 4, 2016

A bountiful harvest
Healthier portfolio boosts PepsiCo results
Satiety and weight management
Contents
Web Contents
Editorial: Redefining ‘healthy’ a positive step for F.D.A. and the industry
PepsiCo’s guilt free transformation driving growth; sodium, fat levels fall
ConAgra Foods acquires Frontera, Red Fork and Salpica brands
THE GROWING POWER of plant-based foods
IDENTIFYING THE NATURAL food trends poised to succeed in the mainstream
EVOLUTION FRESH DRIVING ‘healthy’ growth with innovation
GOOD CULTURE SHAKING UP the sleepy cottage cheese category
Unilever yet to decide fate of Baking, Cooking and Spreads business
B&G Foods to acquire ACH Food Companies’ spices business
Nature’s Path to acquire majority stake in snack food company
Jim Splinter to lead corporate strategy for Hormel Foods
Dunkin’ Donuts, Coca-Cola partner to launch bottled coff ee line
Coca-Cola details strategy for still beverages
Snyder’s-Lance leaning into wellness with expansion of better-for-you snacks
FSMA compliance now required - What's next?
A bountiful harvest: Ample crops and low prices favor food manufacturers
KEEPING ICE CREAM SALES AFLOAT - Consumption is declining, but premium options bring growth to category, says Mintel
Getting acronyms out of baked foods
Surveys show staying power of ‘CLEAN LABEL’
WHY NESTLE changed its lasagna recipe
Dairy: The silent weight-management powerhouse
Keeping young hands out of the cookie jar
Americans are interested in losing weight
Breakfast sandwiches debut from Sweet Earth
Hippeas shaking up snack aisle
Wholesome! rolls out organic frostings, candy
Forager Project enters dairy-free yogurt category
Bare Snacks unwraps new flavors
Chameleon Cold-Brew unveils new flavor
Banza adds spaghetti to chickpea pasta lineup
Explore Cuisine launches Pad Thai rice noodles
In the Spotlight - U.S.D.A. estimates 2016 wheat crop at 2,310 million bus
Ingredient Market Trends - Ingredient Markets
Advanced Food Systems offers ground beef solution
ADM launches non-G.M.O. flaxseed oil
Study supports MGPI’s Fibersym RW as a dietary fiber source
CIFI off ers organic, non-G.M.O. sweet potato ingredients
Prinova FlavorArmor maintains flavor potency for up to 42 months
Tate & Lyle debuts clean label tapioca starches
New Agri-Neo food safety systems works specifically on seeds, grains
Classifieds
Marketplace
Ad Index
Food Business in the News
Food Business News - October 4, 2016 - Satiety and weight management
Food Business News - October 4, 2016 - 2
Food Business News - October 4, 2016 - 3
Food Business News - October 4, 2016 - Contents
Food Business News - October 4, 2016 - 5
Food Business News - October 4, 2016 - Web Contents
Food Business News - October 4, 2016 - 7
Food Business News - October 4, 2016 - 8
Food Business News - October 4, 2016 - Editorial: Redefining ‘healthy’ a positive step for F.D.A. and the industry
Food Business News - October 4, 2016 - ConAgra Foods acquires Frontera, Red Fork and Salpica brands
Food Business News - October 4, 2016 - 11
Food Business News - October 4, 2016 - THE GROWING POWER of plant-based foods
Food Business News - October 4, 2016 - 13
Food Business News - October 4, 2016 - IDENTIFYING THE NATURAL food trends poised to succeed in the mainstream
Food Business News - October 4, 2016 - 15
Food Business News - October 4, 2016 - 16
Food Business News - October 4, 2016 - 17
Food Business News - October 4, 2016 - EVOLUTION FRESH DRIVING ‘healthy’ growth with innovation
Food Business News - October 4, 2016 - 19
Food Business News - October 4, 2016 - 20
Food Business News - October 4, 2016 - 21
Food Business News - October 4, 2016 - GOOD CULTURE SHAKING UP the sleepy cottage cheese category
Food Business News - October 4, 2016 - 23
Food Business News - October 4, 2016 - 24
Food Business News - October 4, 2016 - Unilever yet to decide fate of Baking, Cooking and Spreads business
Food Business News - October 4, 2016 - B&G Foods to acquire ACH Food Companies’ spices business
Food Business News - October 4, 2016 - 27
Food Business News - October 4, 2016 - 28
Food Business News - October 4, 2016 - Jim Splinter to lead corporate strategy for Hormel Foods
Food Business News - October 4, 2016 - Dunkin’ Donuts, Coca-Cola partner to launch bottled coff ee line
Food Business News - October 4, 2016 - 31
Food Business News - October 4, 2016 - Coca-Cola details strategy for still beverages
Food Business News - October 4, 2016 - 33
Food Business News - October 4, 2016 - Snyder’s-Lance leaning into wellness with expansion of better-for-you snacks
Food Business News - October 4, 2016 - 35
Food Business News - October 4, 2016 - FSMA compliance now required - What's next?
Food Business News - October 4, 2016 - 37
Food Business News - October 4, 2016 - A bountiful harvest: Ample crops and low prices favor food manufacturers
Food Business News - October 4, 2016 - 39
Food Business News - October 4, 2016 - 40
Food Business News - October 4, 2016 - KEEPING ICE CREAM SALES AFLOAT - Consumption is declining, but premium options bring growth to category, says Mintel
Food Business News - October 4, 2016 - 42
Food Business News - October 4, 2016 - Getting acronyms out of baked foods
Food Business News - October 4, 2016 - 44
Food Business News - October 4, 2016 - 45
Food Business News - October 4, 2016 - Surveys show staying power of ‘CLEAN LABEL’
Food Business News - October 4, 2016 - 47
Food Business News - October 4, 2016 - WHY NESTLE changed its lasagna recipe
Food Business News - October 4, 2016 - 49
Food Business News - October 4, 2016 - Dairy: The silent weight-management powerhouse
Food Business News - October 4, 2016 - Keeping young hands out of the cookie jar
Food Business News - October 4, 2016 - 52
Food Business News - October 4, 2016 - Americans are interested in losing weight
Food Business News - October 4, 2016 - 54
Food Business News - October 4, 2016 - 55
Food Business News - October 4, 2016 - Wholesome! rolls out organic frostings, candy
Food Business News - October 4, 2016 - Bare Snacks unwraps new flavors
Food Business News - October 4, 2016 - Explore Cuisine launches Pad Thai rice noodles
Food Business News - October 4, 2016 - Ingredient Market Trends - Ingredient Markets
Food Business News - October 4, 2016 - 60
Food Business News - October 4, 2016 - 61
Food Business News - October 4, 2016 - 62
Food Business News - October 4, 2016 - 63
Food Business News - October 4, 2016 - 64
Food Business News - October 4, 2016 - 65
Food Business News - October 4, 2016 - 66
Food Business News - October 4, 2016 - 67
Food Business News - October 4, 2016 - 68
Food Business News - October 4, 2016 - 69
Food Business News - October 4, 2016 - 70
Food Business News - October 4, 2016 - Study supports MGPI’s Fibersym RW as a dietary fiber source
Food Business News - October 4, 2016 - New Agri-Neo food safety systems works specifically on seeds, grains
Food Business News - October 4, 2016 - Classifieds
Food Business News - October 4, 2016 - 74
Food Business News - October 4, 2016 - Marketplace
Food Business News - October 4, 2016 - 76
Food Business News - October 4, 2016 - Ad Index
Food Business News - October 4, 2016 - Food Business in the News
Food Business News - October 4, 2016 - 79
Food Business News - October 4, 2016 - 80
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