Food Business News - February 9, 2016 - (Page 1)

FOODBUSINESS NEWS Beef is bouncing back February 9, 2016 NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Mondelez expects snack sales to slow DEERFIELD, ILL. - Mondelez International remains optimistic about its performance in the snack market, despite weak volumes that weighed on sales in the past year. Aggressive cost savings and a one-time gain on the divestiture of its coffee business led to a 233% jump in net earnings attributable to Mondelez in the fiscal year ended Dec. 31, 2015, which increased to $7,267 million, equal to $4.49 per share on the common stock, from prior-year earnings of $2,184 million, or $1.29 per share. Excluding special items, earnings were down about 9%. A strong U.S. dollar and soft demand across several markets contributed to a 14% decline in net revenues to $29,636 million from $34,244 million the year before. Higher prices helped Continued on Page 10 Boosting the nutrition profile of beverages here's a shift under way in the products consumers eat and drink, said Melissa Abbott, vicepresident of culinary insights for The Hartman Group, Bellevue, Wash. Some consumers want more from their food and beverage choices, with wellness and deliciousness going hand-in-hand. Within the beverage category, hydration and thirst quenching remain motivators for consumption, but nutrition and health benefits are also careful Continued on Page 35 T Story on Page 24 Starbucks 'firing on all cylinders' in C.P.G. SEATTLE - Starbucks Corp.'s consumer packaged goods business is "firing on all cylinders," said Howard Schultz, chairman and chief executive officer of the Seattle-based coffee company. "The Starbucks brand now has the lead position and lead market share in both premium roast and ground and premium single-serve on the K-Cup platform," Mr. Schultz said during a Jan. 21 earnings call. "By creating more opportunities for more people to engage with us more often, both inside and outside of our stores, Starbucks' integrated highly coordinated retail and wholesale strategy is driving our business and our growth around the world. No national or global retailer has been able to leverage a retail store footprint into a C.P.G. business remotely approaching Continued on Page 20 ®

Table of Contents for the Digital Edition of Food Business News - February 9, 2016

Food Business News - February 9, 2016
Mondelez expects snack sales to slow
Starbucks ‘firing on all cylinders’ in C.P.G.
Beverage Business News - Boosting the nutrition profile of beverages
Table of Contents
Web Contents
Editorial - Trust and the rising bar for ‘achieving’ food safety
Survey finds natural labels may mislead consumers
‘The U.S. consumer has changed’
Take the lead in transparency
ChemChina to acquire Syngenta for $43 billion
A new venture for PepsiCo
Chipotle focusing on recovery, food safety
Coca-Cola takes stake in Nigerian business
SuperValu picks new president, c.e.o.
Madagascar 2 - Vanilla prices soar again
Nestle in talks to acquire Israel’s largest food company
Global challenges weigh on Hershey’s earnings
Court sides with Dannon, General Mills in yogurt case
Market Insight - Beef is bouncing back
Ingredient Trends - Plant protein applications evolving
Ingredient Innovations - Three considerations when choosing emulsifiers
Emulsion innovation extends beverage stability
New Food Products
Ingredient Market Trends - Ethanol fuels fireworks in the Iowa Republican caucus
Ingredient Markets
Supplier Innovations and News
Ad Index

Food Business News - February 9, 2016