Food Business News - October 20, 2015 - (Page 1)

FOODBUSINESS NEWS October 20, 2015 NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Wal-Mart betting on value, convenience BENTONVILLE, ARK. - Wal-Mart Stores is spending billions to lower prices, increase wages and roll out on-line grocery to more markets nationwide. The strategic investments are expected to deliver top-line growth and increase shareholder value, but executives warned investors to expect operating losses in the near term. "Our investments in people and technology will continue to pressure our profitability in the near term, especially next year," said Doug McMillon, president and chief executive officer of Wal-Mart, during the company's annual meeting for the investment community Continued on Page 10 Cold brewed coffee is hot Leverage for low-glycemic claims esistant starch and inulin, both prebiotics recognized for adding fiber to products, are gaining more credibility for their low-glycemic benefits. Ingredion, Inc., Westchester, Ill., is awaiting word on a health claim petition filed with the U.S. Food and Drug Administration for its high-amylose corn resistant starch, and last year the European Food Safety Authority recognized resistant starch, inulin and other non-digestible carbohydrates for their glycemic response benefits. The regulatory movement occurs as people have reason to consider low-glycemic food options. In 2012, 29.1 million Americans, or 9.3% of the population, had diabetes, according Continued on Page 28 R Story on Page 31 Millennials prefer functional foods to supplements LAS VEGAS - Consumers who fit within the emerging millennial demographic are interested in health and wellness, but not in the same ways as baby boomers and Gen Xers, said two speakers on Oct. 6 at the SupplySide West conference, which took place Oct. 5-9 in Las Vegas. The bad news is supplement manufacturers may suffer, but there is good news for the makers of functional foods. "They are not pill takers," said Jeff Hilton, co-founder and chief marketing officer for BrandHive, Salt Lake City. "They prefer to get their nutrients from foods." Mr. Hilton added that millennials have unique attitudes about health and wellness. "They are delaying prevention tactics," he said. "They will use products as they need them. Preventive supplementation is not a priority. They are looking for products Continued on Page 12 ®

Table of Contents for the Digital Edition of Food Business News - October 20, 2015

Food Business News - October 20, 2015
Wal-Mart betting on value, convenience
Leverage for low-glycemic claims
Millennials prefer functional foods to supplements
Table of Contents
Web Contents
Editorial - Now fretting about grain prospects
Nestle to open U.S. product technology center next year
Plant proteins gaining traction
Global growth ahead for gluten-free market
The hard sell behind organic, non-G.M.O. production
Nestle reformulation efforts gain momentum
PepsiCo sees sales rise in North America
Kerry expands portfolio with three acquisitions in the United States
McCormick & Co. mulling M.&A. opportunities
Nourish Snacks finds niche in crowded category
Market Insight - Ample grain supplies forecast
Washington - T.P.P. sugar and dairy provisions under scrutiny
Health and Wellness - Product attributes attractive to baby boomers
Beverage Business News - Cold brewed coffee is hot
Cold brew ingredient options
New Food Products
Ingredient Market Trends - U.S. wheat exports forecast to be lowest since 1971-72
Ingredient Markets
Supplier Innovations and News
Industry Highlights - Highlights from SupplySide West
Ad Index

Food Business News - October 20, 2015