Food Business News - April 24, 2012 - (Page 1)

FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY April 24, 2012 ® P.F. Chang’s Home Menu tops Pacesetters s r end CHICAGO — Capitalizing on the trend t-inof consumers wanting restaurant-inang’s spired foods at home, the P.F. Chang’s ever Home Menu products from Unilever duct topped the list of 2011 New Product onyPacesetters selected by the Symphonyht t IRI Group. The products brought in ar on $101.6 million during their first year on the market. rees, P.F. Chang’s line of frozen entrees, vors, which feature Asian-inspired flavors, had 84% distribution with 7.1% trial ng rate and 31% repeat rate, according to SymphonyIRI. “When we think about what hit the ge Continued on Page 22 Story on Page 33 INSIDE Flavo Flavors going further afield furth eattle-based Dry Soda Co., which specializes in naturally-flavored, lightly-sweetened carbonated soft drinks, recently added a 50-calorie blood orange item to its flavor lineup. It “awakens the palate with a burst of citrus and finishes with a delicate sweetness,” according to the company. With products featuring other unique flavors such as lavender, cucumber and rhubarb, Dry Soda is on the leading Continued on Page 46 S U.S.D.A. reallocation still leaves sugar supplies short he U.S. Department of Agriculture last week moved to increase the 2011-12 U.S. sugar supply by about 450,000 short tons, raw value, through a combination of increased domestic allocations and reassignment of surplus domestic cane sugar allotments to imports. Despite the increase, U.S. sugar supply remains tight and the ending stocks-to-use ratio still is well below target. There was T little reaction in the cash sugar market. The U.S.D.A. raised the 2011-12 (fiscal year 2012) domestic Overall Allotment Quantity (O.A.Q.) by 51,000 tons and reassigned 420,000 tons of surplus domestic cane sugar allotment to tariff-rate quota (T.R.Q.) imports as of April 19. “This T.R.Q. increase is not currently expected to increase FY 2012 domestic sugar supplies sufficiently to attain a level U.S.D.A. considers adequate,” the Department said. “U.S.D.A. used an ending stocks-to-use level of 14.5% in estimating the ‘reasonable ending stocks’ parameter for the most recent FY 2012 sugar market quarterly review mandated by statute. Significant uncertainties about FY 2012 Mexican imports, domestic refined and raw sugar demand, the early sugar beet crop and other market factors make it prudent for U.S.D.A. to not increase imported supplies further at this time.” The U.S.D.A. in its April 10 World Continued on Page 30

Table of Contents for the Digital Edition of Food Business News - April 24, 2012

Food Business News - April 24, 2012
P.F. Chang’s Home Menu tops Pacesetters
U.S.D.A. reallocation still leaves sugar supplies short
Beverage Business News - Flavors going further afield
Table of Contents
Web Contents
Editorial - Perception may be more important than authenticity
Groupe Danone sales rise 8% in first quarter
Study pegs cost of obesity at $190.2 billion per year
Cargill upgrades cocoa facility in The Netherlands
Raw yellowfin tuna linked to Salmonella outbreak
Weight management trends evolving
TreeHouse completes dressing, sauce maker acquisition
Penford narrows loss in second quarter
ConAgra Foods to acquire sausage processor
Dairy cooperative to begin construction on new plant
Tim Fenton promoted to c.o.o. at McDonald’s
Food and beverage C.P.I. rises 0.1% in March
F.D.A. reissues ‘Bad Bug Book’
Blue Diamond breaks ground for new almond facility
Database established to identify food fraud issues
Quantum Foods opens innovation center
Sofina to buy Canadian pork assets from Sun Capital
Honey prices record high in 2011; outturn down 16%
Starbucks to stop using color from cochineal extracts
NPD Group: Global food service shows growth
Yum! earnings climb on strength in China
School meals may see protein, potato changes
Bumble Bee leverage seen creating growing risks
Washington - Antibiotics use in animals in the spotlight
Whole Grains - Expanding the health halo of whole grains
Ingredient Innovations - Combining high-oleic and omega-3
Beverage Business News - Country Pure Foods acquires juice processor
Beverage Business News - Odwalla introducing smoothies for children
Beverage Business News - Volume growth boosts Coca-Cola income in quarter
Beverage Business News - Family Dollar, PepsiCo ink beverage deal
Beverage Business News - Liquid refreshment market grew nearly 1% in 2011
Beverage Business News - Wild Flavors acquires Cargill’s juice blends business
Beverage Business News - Sara Lee buys Brazilian coffee company
Research Chefs Association - Photo highlights
New Food Products
Ingredient Market Trends - Trade expects Canada to report 9% increase in wheat area
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - April 24, 2012