Milling & Baking News - October 30, 2012 - 26

Pasta Perspective 

Pasta feeling pricing pressure
ompetitive pricing has put pressure on the dry pasta category over the past year, leading to some significant changes in the category. In the 52 weeks ended Oct. 7, dollar sales in the spaghetti/macaroni/ pasta (no noodle) category totaled $1,489,171,000, up 2.5% from the same period a year ago, while unit sales fell nearly 3% to 1,110,095,000, according to SymphonyIRI Group, a Chicagobased market research firm. The most noticeable shift occurring during the past year was a move by consumers away from branded products toward private label. After increasing only 0.5% in the 52 weeks ended Oct. 2, 2011, unit sales of private label pasta climbed more than 4% in the 52 weeks ended Oct. 7, 2012, according to SymphonyIRI. Dollar sales, meanwhile, rose 9% to $353,197,700, which compared with an increase of 0.8% to $328,312,500 in the 52 weeks ended Oct. 2, 2011. The company taking the biggest hit was New World Pasta, Harrisburg, Pa. In the 52 weeks ended Oct. 7, dollar and unit sales at New World fell 10% and 21%, respectively, according to SymphonyIRI. In a mid-July update on first-half results, New World Pasta’s parent, Ebro Foods, S.A., cited varying performance in its pasta division among the different markets in which it competes. “In Europe, the performance of our subsidiary Panzani has been very positive, with a satisfactory progression

C

in its dry pasta, sauces and couscous businesses and a more conservative performance in the fresh pasta segment,” Ebro Foods said. “But in the United States the profits of our subsidiary New World Pasta have been dented by three factors: the slump on

the pasta market (with a decline of the order of 6%), the price war waged by many of our rivals (which have not raised their retail prices despite the hike in wheat prices in the second half of 2011) and the use of raw material stocks purchased when the durum wheat prices were peaking.” The nation’s largest pasta maker, Barilla America, Inc., Bannockburn, Ill., posted marginal growth — a 1.5% gain in dollar sales and a 0.7% gain in unit sales — during the period. Just a few months prior, SymphonyIRI data for the 52 weeks ended Aug. 12 showed Barilla was suffering from year-over-year declines in dollar and unit sales growth, but the company over the past six months has taken steps to secure its position. In June, Barilla launched a line of

Y

Whole grain pastas fare well in taste test

ONKERS, N.Y. — Two store brand whole grain pastas and three branded “refined, with added nutrients” pastas received “very good” ratings from trained taste testers at Consumer Reports as part of a study of 13 spaghettis. The survey, which appears in the October issue of Consumer Reports, found most of the spaghettis earned a nutrition score of very good or good, based on calories per gram, fats, sodium, sugars, iron, calcium and fiber. And almost all had more fiber than regular spaghetti — 5 or 6 grams per 1-cup serving vs. about 2 grams. In the whole grain category, 365 Everyday Value, an organic whole wheat pasta from Whole Foods, and Trader Joe’s organic whole wheat pasta both were rated very good. Consumer Reports made special note of the fact the pastas are “sweet and nutty, with a chewy texture.” Whole grain pastas that received a “good” rating included Barilla whole grain pasta, De Cecco whole wheat pasta, Market Pantry (Target’s whole wheat thin pasta), Great Value (Wal-Mart’s whole wheat pasta), and Ronzoni Healthy Harvest whole grain thin pasta. In the “refined, with added nutrients” category, Consumer Reports awarded a “very good” rating to Dreamfields Healthy Carb Living, Ronzoni Smart Taste Thin, and Ronzoni Garden Delight. Trader Joe’s high fiber and Barilla Plus were rated “good.” MBN

microwavable meals nationwide. The single servings of pasta and sauce are ready to eat in 60 seconds and are available in five varieties: mezze penne with traditional marinara sauce; mezze penne with tomato & basil sauce; mezze penne with spicy marinara sauce; whole grain fusilli with vegetable marinara sauce; and whole grain mezze penne with tomato & basil sauce. And then in September, Barilla unveiled plans to launch a new chain of Barilla-branded restaurants in the United States next year. Guido Barilla, chairman of Barilla, said a pilot restaurant is due to open by the end of 2013, but he declined to give further details on the project. One large pasta manufacturer that managed to weather the storm and post year-over-year gains was American Italian Pasta Co., which is owned by Ralcorp Holdings, Inc., St. Louis. Scott Monette, corporate vice-president and chief financial officer of Ralcorp, in an August earnings update said sales rose behind higher net selling prices partially offset by lower volumes. “Significant volume declines in our ingredient business and a modest decline in our private brand pasta business were essentially offset by volume increases in our U.S. branded products and our European operation,” Mr. Monette said. “Operating profit for the segment decreased 5% due to significantly higher input costs and the impact of lower volumes, which were partially offset by increased selling prices.” Kevin Hunt, president and chief executive officer of Ralcorp, said AIPC has generated organic growth “by utilizing our sales and marketing capabilities to broaden product distribution for companies we have acquired.” As an example, he mentioned the June acquisition of Gelit S.r.l., a producer of private label frozen pasta meals in Italy. “This company produces a broad line of high-quality frozen ready-to-eat pasta meals made from authentic recipes,” Mr. Hunt said. “These products are popular in Italy but to date have had a limited presence in North America. Our objective with Gelit is to expand its North American footprint, particularly in alternative channels, as we expand these convenient and value-priced pasta meals. This is also our first effort out of just the dry pasta segment into the much larger mega-pasta category, which we estimate is at over $7 billion in sales annually.” MBN
— Eric Schroeder

26 / October 30, 2012 Milling & Baking News

bakingbusiness.com / world-grain.com


http://www.bakingbusiness.com http://www.world-grain.com

Milling & Baking News - October 30, 2012

Table of Contents for the Digital Edition of Milling & Baking News - October 30, 2012

Milling & Baking News - October 30, 2012
Food service and military inroads cited as gains for whole grains
Hearing on Hostess plan set for Nov. 29; five plants to be closed
Late News - Agribusiness unit spurs growth at Bunge
Table of Contents
News/Comment - Thanks to market influence, outlook less worrying
Editorial - Powerful impact from three events
Late News
Business - Flowers eliminates jobs in Florida
ADM ups stake in, looks to acquire GrainCorp; may sell Gruma share
Post updates earnings guidance, set to begin notes offering
Wide losses over past two years detailed in Hostess filing
K.C.B.T. members face November vote on CME offer to buy
Traders see benefits, have concerns about K.C.B.T. sale
Financial Results - B.B.U. swings to loss in quarter on pension charge
Bimbo: Pension challenges not unique to baking
Asset-light strategy boosts Dunkin’ Brands earnings
Panera profit climbs 27% in third quarter
Regulatory Affairs - Air emission requirements for yeast raised bakery foods
Food Ingredient Solutions - Take the bread road to ethnic markets
Pasta Perspective - Pasta feeling pricing pressure
Whole grain pastas fare well in taste test
Data - C.P.I. for baked foods, cereals down 0.4% in September
White pan bread lower, whole wheat higher in September
Industry Activities - Sheluga: Strong effort needed to jolt whole grains sales out of neutral
People - George McGovern, anti-hunger champion, dies at 90
Ingredient Market Trends - I.G.C. lowers slightly its world wheat production and stocks forecasts
Ingredient Week
Supplier Innovations
Classifieds
Marketplace Business Network
Ad Index
Archive
Milling & Baking News - October 30, 2012 - Late News - Agribusiness unit spurs growth at Bunge
Milling & Baking News - October 30, 2012 - 2
Milling & Baking News - October 30, 2012 - 3
Milling & Baking News - October 30, 2012 - News/Comment - Thanks to market influence, outlook less worrying
Milling & Baking News - October 30, 2012 - 5
Milling & Baking News - October 30, 2012 - 6
Milling & Baking News - October 30, 2012 - Editorial - Powerful impact from three events
Milling & Baking News - October 30, 2012 - Late News
Milling & Baking News - October 30, 2012 - Business - Flowers eliminates jobs in Florida
Milling & Baking News - October 30, 2012 - Post updates earnings guidance, set to begin notes offering
Milling & Baking News - October 30, 2012 - Wide losses over past two years detailed in Hostess filing
Milling & Baking News - October 30, 2012 - K.C.B.T. members face November vote on CME offer to buy
Milling & Baking News - October 30, 2012 - 13
Milling & Baking News - October 30, 2012 - Traders see benefits, have concerns about K.C.B.T. sale
Milling & Baking News - October 30, 2012 - 15
Milling & Baking News - October 30, 2012 - Bimbo: Pension challenges not unique to baking
Milling & Baking News - October 30, 2012 - Asset-light strategy boosts Dunkin’ Brands earnings
Milling & Baking News - October 30, 2012 - Panera profit climbs 27% in third quarter
Milling & Baking News - October 30, 2012 - 19
Milling & Baking News - October 30, 2012 - Regulatory Affairs - Air emission requirements for yeast raised bakery foods
Milling & Baking News - October 30, 2012 - Food Ingredient Solutions - Take the bread road to ethnic markets
Milling & Baking News - October 30, 2012 - 22
Milling & Baking News - October 30, 2012 - 23
Milling & Baking News - October 30, 2012 - 24
Milling & Baking News - October 30, 2012 - 25
Milling & Baking News - October 30, 2012 - Whole grain pastas fare well in taste test
Milling & Baking News - October 30, 2012 - 27
Milling & Baking News - October 30, 2012 - 28
Milling & Baking News - October 30, 2012 - White pan bread lower, whole wheat higher in September
Milling & Baking News - October 30, 2012 - 30
Milling & Baking News - October 30, 2012 - Industry Activities - Sheluga: Strong effort needed to jolt whole grains sales out of neutral
Milling & Baking News - October 30, 2012 - People - George McGovern, anti-hunger champion, dies at 90
Milling & Baking News - October 30, 2012 - Ingredient Market Trends - I.G.C. lowers slightly its world wheat production and stocks forecasts
Milling & Baking News - October 30, 2012 - Ingredient Week
Milling & Baking News - October 30, 2012 - 35
Milling & Baking News - October 30, 2012 - 36
Milling & Baking News - October 30, 2012 - 37
Milling & Baking News - October 30, 2012 - 38
Milling & Baking News - October 30, 2012 - 39
Milling & Baking News - October 30, 2012 - 40
Milling & Baking News - October 30, 2012 - Supplier Innovations
Milling & Baking News - October 30, 2012 - Classifieds
Milling & Baking News - October 30, 2012 - Marketplace Business Network
Milling & Baking News - October 30, 2012 - 44
Milling & Baking News - October 30, 2012 - Ad Index
Milling & Baking News - October 30, 2012 - Archive
Milling & Baking News - October 30, 2012 - 47
Milling & Baking News - October 30, 2012 - 48
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https://www.nxtbook.com/sosland/mbn/2017_08_29
https://www.nxtbook.com/sosland/mbn/2017_08_15
https://www.nxtbook.com/sosland/mbn/2017_08_01
https://www.nxtbook.com/sosland/mbn/2017_07_18
https://www.nxtbook.com/sosland/mbn/2017_07_04
https://www.nxtbook.com/sosland/mbn/2017_06_20
https://www.nxtbook.com/sosland/mbn/2017_06_06
https://www.nxtbook.com/sosland/mbn/2017_05_23
https://www.nxtbook.com/sosland/mbn/2017_05_09
https://www.nxtbook.com/sosland/mbn/2017_04_25
https://www.nxtbook.com/sosland/mbn/2017_04_11
https://www.nxtbook.com/sosland/mbn/2017_03_28
https://www.nxtbook.com/sosland/mbn/2017_03_14
https://www.nxtbook.com/sosland/mbn/2017_02_28
https://www.nxtbook.com/sosland/mbn/2017_02_14
https://www.nxtbook.com/sosland/mbn/2017_01_31
https://www.nxtbook.com/sosland/mbn/2017_01_17
https://www.nxtbook.com/sosland/mbn/2017_01_03
https://www.nxtbook.com/sosland/mbn/2016_12_20
https://www.nxtbook.com/sosland/mbn/2016_12_06
https://www.nxtbook.com/sosland/mbn/2016_11_22
https://www.nxtbook.com/sosland/mbn/2016_11_08
https://www.nxtbook.com/sosland/mbn/2016_10_25
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https://www.nxtbook.com/sosland/mbn/2016_08_02
https://www.nxtbook.com/sosland/mbn/2016_07_19
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https://www.nxtbook.com/sosland/mbn/2016_06_07
https://www.nxtbook.com/sosland/mbn/2016_05_24
https://www.nxtbook.com/sosland/mbn/2016_05_10
https://www.nxtbook.com/sosland/mbn/2016_04_26
https://www.nxtbook.com/sosland/mbn/2016_04_12
https://www.nxtbook.com/sosland/mbn/2016_03_29
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https://www.nxtbook.com/sosland/mbn/2016_02_02
https://www.nxtbook.com/sosland/mbn/2016_01_19
https://www.nxtbook.com/sosland/mbn/2016_01_05
https://www.nxtbook.com/sosland/mbn/2015_12_22
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https://www.nxtbook.com/sosland/mbn/2015_07_21
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https://www.nxtbook.com/sosland/mbn/2015_06_23
https://www.nxtbook.com/sosland/mbn/2015_06_09
https://www.nxtbook.com/sosland/mbn/2015_05_26
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https://www.nxtbook.com/sosland/mbn/2015_04_28
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https://www.nxtbook.com/sosland/mbn/2015_03_31
https://www.nxtbook.com/sosland/mbn/2015_03_17
https://www.nxtbook.com/sosland/mbn/mbn/2015_03__03
https://www.nxtbook.com/sosland/mbn/2015_02_17
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https://www.nxtbook.com/sosland/mbn/2015_01_20
https://www.nxtbook.com/sosland/mbn/2015_01_06
https://www.nxtbook.com/sosland/mbn/2014_12_23
https://www.nxtbook.com/sosland/mbn/2014_12_09
https://www.nxtbook.com/sosland/mbn/mbn_2014_11_25
https://www.nxtbook.com/sosland/mbn/2014_11_11
https://www.nxtbook.com/sosland/mbn/2014_10_28
https://www.nxtbook.com/sosland/mbn/2014_10_14
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https://www.nxtbook.com/sosland/mbn/2014_09_16
https://www.nxtbook.com/sosland/mbn/2014_09_02
https://www.nxtbook.com/sosland/mbn/214_08_19
https://www.nxtbook.com/sosland/mbn/2014_08_01
https://www.nxtbook.com/sosland/mbn/2014_07_22
https://www.nxtbook.com/sosland/mbn/2014_07_08
https://www.nxtbook.com/sosland/mbn/2014_06_24
https://www.nxtbook.com/sosland/mbn/2014_06_10
https://www.nxtbook.com/sosland/mbn/2014_05_27
https://www.nxtbook.com/sosland/mbn/2014_05_13
https://www.nxtbook.com/sosland/mbn/2014_04_29
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https://www.nxtbook.com/sosland/mbn/2014_03_18
https://www.nxtbook.com/sosland/mbn/2014_03_04
https://www.nxtbook.com/sosland/mbn/2014_02_18
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https://www.nxtbook.com/sosland/mbn/2014_01_21
https://www.nxtbook.com/sosland/mbn/2014_01_07
https://www.nxtbook.com/sosland/mbn/2013_12_24
https://www.nxtbook.com/sosland/mbn/2013_12_10
https://www.nxtbook.com/sosland/mbn/2013_11_26
https://www.nxtbook.com/sosland/mbn/2013_11_12
https://www.nxtbook.com/sosland/mbn/2013_10_29
https://www.nxtbook.com/sosland/mbn/2013_10_15
https://www.nxtbook.com/sosland/mbn/2013_10_01
https://www.nxtbook.com/sosland/mbn/2013_09_17
https://www.nxtbook.com/sosland/mbn/2013_09_03
https://www.nxtbook.com/sosland/mbn/2013_08_20
https://www.nxtbook.com/sosland/mbn/2013_08-06
https://www.nxtbook.com/sosland/mbn/2013_07_23
https://www.nxtbook.com/sosland/mbn/2013_07_09
https://www.nxtbook.com/sosland/mbn/2013_06_25
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https://www.nxtbook.com/sosland/mbn/2013_05_28
https://www.nxtbook.com/sosland/mbn/2013_05_14
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https://www.nxtbook.com/sosland/mbn/2013_03_19
https://www.nxtbook.com/sosland/mbn/2013_03_05
https://www.nxtbook.com/sosland/mbn/2013_02_19
https://www.nxtbook.com/sosland/mbn/2013_02_05
https://www.nxtbook.com/sosland/mbn/2013_01_22
https://www.nxtbook.com/sosland/mbn/2013_01_08
https://www.nxtbook.com/sosland/mbn/2012_12_25
https://www.nxtbook.com/sosland/mbn/2012_12_11
https://www.nxtbook.com/sosland/mbn/2012_11_27
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https://www.nxtbook.com/sosland/mbn/2012_09_18
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https://www.nxtbook.com/sosland/mbn/2012_08_21
https://www.nxtbook.com/sosland/mbn/2012_08_07
https://www.nxtbook.com/sosland/mbn/2012_07_24
https://www.nxtbook.com/sosland/mbn/2012_07_10
https://www.nxtbook.com/sosland/mbn/2012_06_26
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https://www.nxtbook.com/sosland/mbn/2012_04_17
https://www.nxtbook.com/sosland/mbn/2012_04_03
https://www.nxtbook.com/sosland/mbn/2012_03_20
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https://www.nxtbook.com/sosland/mbn/2012_02_21
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https://www.nxtbook.com/sosland/mbn/2012_01_24
https://www.nxtbook.com/sosland/mbn/2012_01_10
https://www.nxtbook.com/sosland/mbn/2011_12_27
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https://www.nxtbook.com/sosland/mbn/2011_08_23
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https://www.nxtbook.com/sosland/mbn/2011_07_26
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https://www.nxtbook.com/sosland/mbn/2011_06_14
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https://www.nxtbook.com/sosland/mbn/2011_04_19
https://www.nxtbook.com/sosland/mbn/2011_04_05
https://www.nxtbook.com/sosland/mbn/2011_03_22
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https://www.nxtbook.com/sosland/mbn/2011_02_22
https://www.nxtbook.com/sosland/mbn/2011_02_08
https://www.nxtbook.com/sosland/mbn/2011_01_25
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https://www.nxtbook.com/sosland/mbn/2010_12_28
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https://www.nxtbook.com/sosland/mbn/2010_10_19
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https://www.nxtbook.com/sosland/mbn/2010_09_21
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https://www.nxtbook.com/sosland/mbn/2010_07_13
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https://www.nxtbook.com/sosland/mbn/2010_04_20
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https://www.nxtbook.com/sosland/mbn/2010_03_23
https://www.nxtbook.com/sosland/mbn/2010_03_09
https://www.nxtbook.com/sosland/mbn/2010_02_23
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https://www.nxtbook.com/sosland/mbn/2010_01_26
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https://www.nxtbook.com/sosland/mbn/2009_05_19
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https://www.nxtbook.com/sosland/mbn/2009_04_21
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https://www.nxtbook.com/sosland/mbn/2009_04_07
https://www.nxtbook.com/sosland/mbn/2009_03_24
https://www.nxtbook.com/sosland/mbn/2009_03_10
https://www.nxtbook.com/sosland/mbn/2009_02_24
https://www.nxtbook.com/sosland/mbn/2009_02_10
https://www.nxtbook.com/sosland/mbn/2009_01_27
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https://www.nxtbook.com/sosland/mbn/2008_12_02
https://www.nxtbook.com/sosland/mbn/2008_11_18
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https://www.nxtbook.com/sosland/mbn/2008_10_21
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https://www.nxtbook.com/sosland/mbn/2008_09_23
https://www.nxtbook.com/sosland/mbn/2008_09_09
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https://www.nxtbook.com/sosland/mbn/2008_04_22
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https://www.nxtbook.com/sosland/mbn/2008_04_01
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https://www.nxtbook.com/sosland/mbn/2008_03_11
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https://www.nxtbook.com/sosland/mbn/2005_06_21
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https://www.nxtbook.com/sosland/mbn/2005_02_15
https://www.nxtbook.com/sosland/mbn/2005_02_08
https://www.nxtbook.com/sosland/mbn/2005_02_01
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