Food Business News - May 26, 2009 - (Page 4)

Contents This Week's News 26 Functional market nears $31 billion The U.S. market for functional foods and beverages gains 6% in 2008 and nears $31 49 billion, according to Packaged Facts. Yogurt ranks as the top functional product with sales of $3.3 billion. Product development slowdown: First-quarter new product introductions fall 51% in 2009. 32 President's Food Safety Working Group launched The President's Food Safety Working Group convenes a session that involves sharing information and views on updating and improving the nation's food safety system. 35 Soybean prices rise as supply shrinks Old crop soybean prices hit seven-month highs and approach $12 a bu at the Chicago Board of Trade. Production in South 62 American countries continues to slide. 9 Editorial Finding gold in green: Sustainable products increasingly are attractive to consumers. 10 News Digest 22 Business 32 Washington 35 Market Insight 55 Ingredient Innovations 66 New Product Trends 70 New Food Products 76 Who's Who Gluten-free products are here to stay: 66 4 May 26, 2009 Such formulations might be counter-intuitive, but the market is poised for growth. 77 Ingredient Market Trends 87 Supplier Innovations and News 94 Food Business in the News ®

Table of Contents for the Digital Edition of Food Business News - May 26, 2009


Food Business News - May 26, 2009