Showing posts with label Allied Market Research. Show all posts
Showing posts with label Allied Market Research. Show all posts

Thursday, 24 November 2016

Why This Multimillion Dollar Pet Food Company Won't Sell to PetSmart or Petco

The Honest Kitchen has achieved a 30 percent year-over-year revenue growth rate in 14 years in the pet food market.

The Honest Kitchen was ranked in the 2016 Entrepreneur 360™, our annual list of the best entrepreneurial companies in the U.S. Founder and CEO Lucy Postins will make an appearance on a panel at the Entrepreneur 360™ Conference.

The original interview by Matt McCue appears in the November 2016 issue of Entrepreneur. Subscribe now.

Company: The Honest Kitchen makes dog and cat food with high-quality, human-food ingredients (like coconut, spinach, and quinoa).

Impact: In 14 years, the company has grown to 49 employees, and it’s on track to double its revenue inside of two years, from $20 million in 2014 to a projected $40 million in 2016.

How did you decide there was a market for high-quality pet food? 

My dog was suffering from chronic ear infections, and I was spending a fortune at the vet on steroids and antibiotics that never brought a true cure. So I researched and started making my own food for him. It cured his earaches—and made a huge mess in my kitchen. That led to the idea of dehydrated food, to still feed him healthy foods without the mess. I had a background in the conventional pet food industry, and I was aware of some of the unsavory things that go into good old-fashioned pet food, so I began to think about how to make my product different. Human-grade pet food was the most obvious way.

To clarify, “human grade” means food fit for human consumption and produced in a facility that makes human food? 
Correct. The Honest Kitchen is the only nationally recognized kitchen allowed by the FDA to say “human grade” on the product label. We literally taste every single ingredient we use.

How’s revenue growth? 
We’re growing, on average, 35 percent to 45 percent a year. Last year our revenue was $30 million, and this year our goal is $40 million.


 According to Pet Food Institute (PFI), sales of cat and dog food rose to $19 billion in 2012. Pet owners are willing to spend more on products that promote the health and happiness of their pets. This trend makes pet food an attractive investment opportunity. 

Know more in Pet Food Industry at: https://goo.gl/ceujmQ

Monday, 7 November 2016

Medicated Feed: A Novel Way to Improve Health through Animal Feed Additives

Medicated feed is a route in which veterinary medicines are administrated through feed. It is the best method suited for food-producing and companion animals.



Feed additives are added in animal diets to enhance the quality and characteristics of animal feed. It helps to improve overall digestive performance, palatability, and quantity of meat produced from them. In poultry feed, additives are used to improve laying capacity and feed utilization of birds as well as disease prevention. Demand for good quality of meat, outbreak of livestock diseases, and industrialization of meat production are factors responsible for growth of animal feed additives.

Get a detailed research in Animal Feed Industry at: https://www.alliedmarketresearch.com/animal-feed-additives-market

Insects as a source of protein in animal feed:

NuScience is researching on efficacy of insect larvae as a source of protein in feed for fish, pigs, and chicken as a part of PROteINSECT project. Poultry owners are relying on soybean meal as a source of protein. There is a protein deficit in EU poultry feed and they have identified fly larvae as a potential feed additive to meet protein demand. Various insects, such as housefly were considered to have a high nutritional value. They tested whether inclusion of extracted insect proteins and crude insect meal would affect zootechnical performance and address health issues of broiler chickens. Researchers found that replacing standard protein sources partially with insect proteins makes no difference in zootechnical performance in poultry. More trials will assess the conformity of these results. They will also assess whether full replacement of conventional protein sources by insect protein makes difference in improving health of broiler chicken.

MEP takes crucial step to medicate animals through feed:

Agriculture Committee of Members of European Parliament (MEP) voted with a large majority for new rules that enable an efficient, optimal, and responsible administration of medicines in animal feed. It allows doctors to treat sick animals by including approved medicines in animal feed. This step also provides an additional method to ensure safety and maintain health of animals. IFAH-Europe appreciates efforts of committee to improve the proposal and ensure that feed will be administrated along with other recognized oral means.

The implementation of rules about the usage of inclusion of feed in approved medicines is necessary to fight against antimicrobial resistance. Medicated feed is a route in which veterinary medicines are administrated through feed. It is the best method suited for food-producing and companion animals.

Roxane Feller, IFAH-Europe Secretary General, said, “IFAH-Europe supports the efforts to align key definitions with the proposed Veterinary Medicines Regulation – also currently undergoing a review - which will be important for the future smooth operation of the legislation. We welcome the measures put in place for anticipated production and changes to the method of distribution, which will permit the development of medicated feed for the treatment of chronic diseases in companion animals. This will bring real benefits to pets on long-term medication, and also to their owners in terms of ease of administration.”

Analysts studying the market have revealed a comprehensive information about changing market trends in research reports. Recently, Allied Market Research has published a report titled, “Global Animal Feed Additives Market - Opportunities and Forecast, 2014 - 2021.” As per the report, the global animal feed additives market is expected to register a CAGR of 6.5% from 2015 to 2021 and estimated to reach $27.9 billion by 2021. The report provides an extensive analysis of drivers & opportunities, competitive scenario, and key manufacturers. Furthermore, the study offers value chain analysis, estimations from 2015 to 2020 for each segment of the industry, and SWOT analysis of key market players.

Thursday, 3 November 2016

Do consumers consider milk as a protein substitute for beef?

One of the major influences on the market this year stems from the overall increase in protein supply across all three species – beef, pork and poultry. As noted in a previous column, exports are the key to keeping supply moving: “The meat industry experienced a sharp decline during the past decade. However, that trend reversed sharply in 2015 and is likely to experience further upside in 2016. That largely stems from bigger production: USDA is currently forecasting annual beef, pork and poultry production up 1.25, 0.5, and 1.02 billion pounds respectively in 2016.

“With expanding production comes the requirement for growing access to international markets. Stated another way, export slowdowns could result in even bigger supply within the domestic market; that is, product stays home versus being shipped to other countries. And if exports begin to slow, the required domestic clearance could become much larger versus the current USDA forecasts, mandating lower prices.”

Meanwhile, another important source of protein comes from the dairy industry. To that end, this week’s illustration highlights the dairy industry’s productivity success over time. For example, in 2000, the industry produced 167.3 billion pounds of milk with an average inventory of 9.2 million cows.

Fast forward to 2016. The U.S. dairy industry will likely produce in excess of 210 billion pounds of milk this year with only 9.3 million head. In other words, in just a little over 15 years, the dairy industry has ramped up production by in excess of 25% with nearly the same number of cows. 

Bottom line, the increased production means more protein in the consumer market that we often don’t consider as being competition. And the market forces are just the same for dairy protein as described above for meat supplies. That is, consistent increases in production require bigger exports, or else that supply stays at home in the domestic market.

The dairy industry has proven successful in marketing those supplies domestically. With the current consumer mindset, dairy protein is seemingly increasingly competitive as a substitute for beef, pork and poultry – that’s especially true considering the marketing success in recent years around yogurt and whey protein supplements. 


Updated with Latest Trends In Meat Substitute Industry ?

"The Meat Substitute Market by source comprises soy, wheat, my coprotein and others. Soy based meat substitutes occupied a prominent market share of 68.2% in 2014. However, meat substitutes prepared from other organic and plant based sources would grow at the fastest CAGR of 10.1% from 2015 2020, owing to increasing demand of gluten free and soy free meat substitute products."

Know more in Meat Substitute Industry at: https://goo.gl/kDs9HE

Wednesday, 2 November 2016

Meat Substitute Market is Expected to Reach $5.2 Billion by 2020

According to a new report published by Allied Market Research titled, "Global Meat Substitute Market- Opportunities and Forecasts 2014-2020," the global meat substitute market is expected to garner revenue of $5.2 billion by 2020, registering a CAGR of 8.4% from 2015 to 2020. Europe accounted for around 39% share of the overall market revenue in 2014, owing to increasing consumption of food and snack products prepared from mock meats. In terms of growth, Asia-Pacific is anticipated to witness the fastest CAGR during the forecast period (2015 - 2020).

To know more about the report, visit the website at https://www.alliedmarketresearch.com/meat-substitute-market

The meat substitute market by type comprises products prepared from tofu, tempeh, textured vegetable protein, seitan, quorn and other plant based sources. Textured vegetable protein (TVP) based meat substitutes occupied the largest market share of 36.5% in 2014 as it is the basic ingredient in most of the soy based meat substitute products. In terms of growth, Seitan based meat substitutes would exhibit an impressive CAGR of 9.6%, owing to increasing adoption in the food service industry.

https://www.alliedmarketresearch.com/meat-substitute-market
The market by source comprises soy, wheat, mycoprotein and others. Soy based meat substitutes occupied a prominent market share of 68.2% in 2014. However meat substitutes prepared from other organic and plant based sources would grow at the fastest CAGR of 10.1% from 2015 - 2020, owing to increasing demand of gluten free and soy free meat substitute products.

Most of the food and snack products, marketed as meat substitutes are either frozen, refrigerated or shelf-stable. Products offered by leading meat substitute companies such as Amy's Kitchen, Beyond Meat and others, primarily belong to frozen category. However, shelf stable category would exhibit the fastest growth in the coming years.

KEY FINDINGS OF THE STUDY 
  • Europe was the largest meat substitute market in 2014, with a prominent market share of 39%
  • Asia-Pacific meat substitute market would witness the fastest CAGR of 10.1% during the forecast period
  • Frozen meat substitute category accounted for a prominent market share of 78% in 2014, however, the shelf stable category of meat substitutes would grow at a faster rate in the coming years
  • Developed markets would witness a faster adoption of gluten free and soy free meat substitutes owing to increasing health concerns


The key players profiled in the report are Amy's Kitchen Inc. (U.S.), Beyond Meat (U.S.), Cauldron Foods (U.K.), Garden Protein International, Inc. (Canada), Meatless B.V. (The Netherlands), Quorn Foods (U.K.), Vbites Food, Ltd. (U.K.), Morningstar Farms (U.S.), MGP Ingredients Inc. (U.S.), Sonic Biochem Extractions Limited (India).  Companies such as Amy's Kitchen offer a wide range of innovative vegan meals and snacks. Beyond Meat, a leading player in meat substitute market offers highly innovative substitutes of pork, chicken, turkey and beef.

Source:https://www.alliedmarketresearch.com/press-release/global-meat-substitute-market.html


Molson Coors’ sales fall on lower beer demand in Canada, Europe

Molson Coors says it is looking to Colorado for insight on the possible effects the legalization of marijuana in Canada could have on its beer sales.

Stewart Glendinning, CEO of Molson Coors International, was asked by an analyst Tuesday during the company's quarterly earnings conference call for his opinion on the potential impact the legalization of marijuana could have on Canada's beer sector.

"Cannabis is something we are thinking very carefully about, not only as a business but also as an industry," Glendinning, who was the former head of Molson Coors' operations in Canada, said in response.

"There's just a lot we don't know at the moment. ... It's steady as she goes because of the lack of clarity about the deployment of the drug itself."

It's not clear whether Glendinning's comments are a signal that Molson Coors views a recreational marijuana industry as a threat or opportunity. He did not elaborate and the company did not return calls seeking clarification.

But during the call, Glendinning said Molson Coors (NYSE:TAP) is looking to Colorado, the state where the recreational use of marijuana was legalized in 2013 and where the company is headquartered, for guidance.

The federal government has said it plans to introduce a bill in the spring to legalize the recreational use of marijuana.

Stephen Beaumont, an industry watcher and Canadian author on beer trends, said the Colorado breweries he follows have not reported any impact on sales.

"It could be one of those things that hit more at mass-market breweries because if someone wants to get a buzz on instead of buying Coors Light, they'll buy some weed," he said.

"On the West Coast of the United States, craft beer and marijuana have happily co-existed for quite some time."

Brittany Weissman, an analyst with Edward Jones, said any possible effect from marijuana legalization in Canada on Molson Coors' beer sales will be mitigated. She said that's due to the fact that Canada represents a smaller share of the company's market following the US$12.2 billion acquisition of Miller brands and SABMiller's 58 per cent stake in MillerCoors.

Source: http://www.castanet.net/edition/news-story-179745-6-.htm


Geographically, Europe contributes a major portion in the global beer market revenue. Developing economies such as China and India would largely contribute to the growth of this market. 
The Asia Pacific market should garner a revenue of $202.4 billion by 2020, growing at a CAGR of 7.3% over the forecast period 2015-2020.

Read more about Beer Industry at: https://goo.gl/4oL3Iq

Thursday, 27 October 2016

Tyson Foods, a Meat Leader, Invests in Protein Alternatives

Tyson Foods appears to be the first big meat company to invest in a business that, among other things, aims to reduce consumption of chicken, beef and pork by replacing it with plant proteins.




Tyson, the country’s largest meat processor, announced last week that it was investing an undisclosed amount for a 5 percent stake in Beyond Meat, a company based in El Segundo, Calif., that makes “meats” from protein sources like soy and peas.

Beyond Meat this year began selling the Beyond Burger, for instance, a plant-protein burger sold fresh that sizzles and oozes fats while cooking on a griddle.

Whole Foods Market apparently finds it close enough to the real thing that the supermarket chain has been selling Beyond Burger next to the meat case in its stores.

“The quality of the Beyond Burger is amazing,” said Monica McGurk, a former Coca-Cola executive who joined Tyson in spring as senior vice president in charge of strategy and new ventures. “We think it’s a game-changing product that gives us exposure to this fast-growing part of the food business.”

Terms of the deal were not disclosed. The financing round includes other investors like the Humane Society of the United States, which also previously invested in Beyond Meat.

Americans are eating more plant-based foods, leaving conventional food companies scrambling to catch up. The Plant Based Foods Association said businesses in the United States, which include Beyond Meat, Califia Farms and Heidi Ho, rang up $4.9 billion in sales for the 12 months through June, and grew faster than the food business over all.

The venture capital arm of General Mills, 301 Inc., also has invested in Beyond Meat, as well as in Kite Hill, which uses nuts and other plant proteins to replace dairy products in cheese and other dairy items.

Michele Simon, executive director of the Plant Based Foods Association, said Tyson’s investment was the first she knew of in which a big traditional meat producer took a stake in a plant-based company.

In 2014, Pinnacle Foods, which owns the Armour canned meats brand, bought the maker of the Gardein line of plant-based meat substitutes. Armour, however, is a modest part of Pinnacle’s business, which includes the Duncan Hines and Birds Eye brands.

“The question in my mind with these acquisitions is always why they’re being done,” Ms. Simon said. “The most positive view is that this means the meat industry is shifting away from animal meat to plant-based meat, but I don’t think we know that’s the case yet — it could also be a way of distracting attention from their industrial meat business.”

Ethan Brown, the founder and chief executive of Beyond Meat, said he knew the investment would raise eyebrows, particularly among the most ardent vegans and vegetarians.

“I’m hoping, though, that they and others will see this as part of a deliberate course of action to get out of the penalty box that’s the ‘alternative’ section in the supermarket and get into a mainstream discussion with the consumer,” Mr. Brown said.

Research conducted jointly last year by the NPD Group, Midan Marketing and Meatingplace, an industry publication, found that 70 percent of meat eaters said they used a meat substitute in place of meat protein at least once a week. And 22 percent said they were using such substitutes more frequently than a year earlier.

Beyond Meat raised $17 million last year from investors. That was the third round of financing that CB Insights, a data collection and research firm, could pinpoint, and the only one for which a dollar amount was disclosed.


Most of the food and snack products, marketed as meat substitutes are either frozen, refrigerated or shelf-stable. Products offered by leading meat substitute companies such as Amys Kitchen, Beyond Meat and others, primarily belong to frozen category. However, shelf stable category would exhibit the fastest growth in the coming years.

Know more about meat substitute industry at: https://goo.gl/kDs9HE

Wednesday, 26 October 2016

Heineken hikes beer sales but sees bigger currency hit

Heineken, now the world's second-largest beer maker, sold more beer than expected in the third quarter and retained its full-year profit margin forecast, although said the impact of currencies would be worse than previously thought.



The maker of Europe's top-selling lager Heineken, Tiger and Sol said it sold 2 percent more beer on a consolidated basis than a year earlier, with strong growth in Mexico and Asia, notably Vietnam, but lower volumes in Russia, Egypt and the Democratic Republic of Congo.

Know about the Beer Industry and its researched forecast at: https://goo.gl/4oL3Iq

Heineken also fared well in most European markets, due to favorably beer-drinking weather.

Heineken has now become the world's number two brewer, although the gap between it global leader AB InBev has widened after the latter's takeover of SABMiller earlier this month.

"Performance in the third quarter was robust despite strong comparatives in Americas and Europe, and a tough environment in Africa Middle East & Eastern Europe," Chief Executive Jean-Francois van Boxmeer said in a statement.

Overall beer volumes were 54 million hectolitres, higher than the average expectation in a Reuters poll of 53.1 million.

The company said it still expected its operating margin would expand by about 40 basis points over the year, slowing down following a 124 point expansion in the first half.

It did not give its margin for the third quarter.

However, it forecast an even heavier currency translation impact, now at 215 million euros at operating profit and 115 million euros at net profit level, from 200 million and 110 million euros seen before.

Plant-based alternative milk consumption growing in Australia as dairy industry holds firm


Dairy milk has been flying off the supermarket shelves as consumers continue to sympathise with Australia's dairy farmers, following the Murray Goulburn crisis.

But so-called "alternative milks" are rising in popularity, and new research shows consumers are increasingly lapping them up.

Supermarkets now stock a range of plant-based milks, including soy, almond, coconut, hazelnut, rice, oat and more recently, macadamia milk.

Explore about Dairy Alternative Industry at: https://goo.gl/z360pP

"While the incidences of lactose intolerance have been increasing there have also been food trends that recommend avoiding cow's milk," IBISWorld analyst Lauren Magner said.

Ms Magner has been investigating the rise of the alternative milk market — focusing on soy and almond milk — and estimated the industry to be worth about $150 million.

"This figure has been growing quite quickly over the past five years as the popularity of alternative milks has grown, and we have expected 6 per cent per annum growth over the past five years," she said.

Milk consumption in Australia is higher than most Western nations, with figures from Dairy Australia showing the average Australian consumes 105 litres of fresh milk per year.

Blake Robinson, a dietician and analyst for Dairy Australia, said he disagreed that plant-based milks were rapidly rising in popularity.

"There has been a really small increase in that non-dairy industry over the last few years," he said.

"Looking at the extensive range of plant-based milk in the supermarket you could be forgiven for thinking [it's growing in popularity], but the data shows that very few Australians are drinking those alternatives instead of cow's milk.

"Statistics from the Australian Health Survey show that around seven-in-10 are having cow's milk, with only three percent having those alternatives."

Landline asked supermarket giants Woolworths and Coles how much alternative milk they sell compared to cow's milk, but they would not say for "commercial" reasons.

US shifts away from dairy milk


In the United States consumers are turning away from traditional dairy in droves, leading the push towards plant-based milks.

In a recent study, global market analyst Mintel found sales of alternative milks in the US rose by 9 per cent last year alone.

It also found dairy milk sales decreased by 7 per cent last year, costing the US industry $17.8 billion.

United States' milk sales were projected to drop another 11 per cent through to 2020, due to greater competition from sugary drinks, juice and plant-based milk.

But Mr Robinson said that was not the case in Australia.

He said non-dairy milk sales made up 6 per cent of all milks sold in supermarkets, only up half-a-per cent in three years.

"There's been a really small increase in that non-dairy industry over the last few years, but what we see is consumers tend to move within the category, for an example from a soy beverage to an almond beverage, rather than a big shift from cows' milk," he said.

Despite disagreeing on the extent to which nut milks are rising in popularity, Ms Magner and Mr Robinson agreed the traditional dairy industry in Australia was not at risk.

"The dairy industry still has a significant market in Australia, so per capita of cow's milk consumption is still 20 times more than soy," Ms Magner said.

"So IBISWorld doesn't think the dairy industry will suffer from large declines in market share to the milk alternatives industry for the short-to-medium term because most Australians still drink traditional milk."

Is plant-based milk better?


Melbourne's coffee scene is buzzing with cafes that only sell coffees made from plant-based milks.

"At the moment we are using coconut, almond and soy milk as our base milks, we don't use any cow's milk here," Zoe Davies, a barista at Macha Mylkbar in St Kilda, said.

"I think people are more and more leaning towards plant-based milks just because of the ethical and health issues that have been raised recently with the consumption of dairy.

"Plant-based milks are a lot lower in certain fats and I think people are leading more towards a plant-based lifestyle in general."

But Tim McMaster, a dietitian with the Dietitians' Association of Australia, said consumers need to be wary of plant-based milks being promoted as "healthier".

"It's not a straight answer," he said.

"Cow's milk probably comes out on top for nutrient quality, it has 10 essential nutrients that are fantastic for our health and our body.

"The majority of alternative milks are lower in energy, or kilojoules, and can contain a lot less fat which helps with the kilojoule content being lower.

"But unfortunately a lot of them are considerably low in protein and calcium, they don't have much calcium at all."

That is, unless they are fortified. Many alternative milks add key nutrients, like calcium, to make them more comparable to the health benefits of cow's milk.

"Most of them are fortified these days to meet up with the nutritional quality of milk when it comes to cow's milk for calcium intake," he said.

"Out of all the milk alternatives, soy milk which has been out the longest, still comes out on top. It is closest to the nutritional complexity of what cow's milk is."

Ms Davies said consumers wanting to make the switch to plant-based milks for health reasons needed to do their research first.

"A lot of people do point the finger at nut milk for being high in sugar and for not having the ample amount of protein, and compared to dairy milk not having the same amount of calcium," she said.

"It is about picking the milks that are the better ones on the market. Most nut milks are fortified with B12, Vitamin D and folate and a lot of soy milks are also complete proteins because they contain the nine amino acids."

Tuesday, 25 October 2016

Brexit: Cobra beer baron Karan Bilimoria slams proposed cuts to UK immigration

British business leaders are concerned that a push to dramatically wind back immigration could seriously harm the UK economy.


Conservative Prime Minister Theresa May has vowed to reduce net migration from over 300,000 a year to less than 100,000, and introduce a controversial register of foreign workers.

Karan Bilimoria, an Indian-born entrepreneur who co-founded the Cobra Beer empire, accused the Conservatives of losing the plot, and said countries like Australia would benefit from Britain turning its back on immigrants.

Know the forecast in Beer Industry at: https://goo.gl/dzx7Eb

"We have the lowest level of unemployment in living memory - we have the highest level of employment in living memory, and that's in spite of having over 3 million people from the EU living and working in the UK," he told 7.30.

"What would we do without those 3 million people from the EU living and working in the UK?"

Beer cashed in on UK curry house boom



Lord Bilimoria arrived in England from India as a 19-year-old student. While studying law at Cambridge, he and a friend decided the English needed a new beer - one specifically made to drink with curries.

"Our first company car was a £295 battered Citroen called Albert, and we would drive it and sell our most expensive Indian beer," he said.
"It could take fifteen cases and if you looked down you could see the road through the floor of the car."

Cobra beer is now sold in 99 per cent of licensed Indian restaurants in the UK as well as in 45 other countries around the world.

In 2006 the beer baron was appointed to the House of Lords and in 2014 became chancellor of the University of Birmingham.

Lord Bilimoria said he got his opportunities because the UK opened up under Margaret Thatcher.

"When I came to this country as a student in the early 80s, Britain was the sick man of Europe, Britain had no respect in the world economy," he said.

"Entrepreneurship was looked down upon as second-hand car salesmen."

Now, he says, the Conservative Government is sending out all the wrong messages.

As well as wanting to cut immigration, the Government is also proposing more restrictive international student regulations.

"Instead of setting a target to increase the amount of international students, in a way a country like Australia who gets it does, we put them off and send out these negative signals," Lord Bilimoria said.

"It's just economically illiterate to do that. Australia, I know, are laughing at us.

"I've heard from senior Australian Government officials saying, 'We thank you for your immigration policies in the UK because you are sending the brightest and best from countries like India to us in Australia and we welcome them.'"

Monday, 24 October 2016

Boston Beer Bubbles Up Despite Another Painful Quarter

Shares rose even after the craft brewer fell well short of expectations. Here's why.


Boston Beer (NYSE:SAM) stock climbed more than 4% Friday, after the company released third-quarter 2016 results, but that doesn't mean Boston Beer was toasting its own performance.


Boston Beer's headline numbers

In fact, on the surface there was little to like about Boston Beer's report. Quarterly revenue declined 13.5% year over year to $253.4 million, net income fell 18.4% to $31.5 million, and -- thanks in part to Boston Beer's repurchase of around 807,000 shares of Class A common stock for $138.4 million during the quarter -- net income per diluted share fell a more modest 13% year over year, to $2.48.

By comparison, and though we don't typically pay close attention to Wall Street's quarterly demands, analysts' consensus estimates predicted Boston Beer would achieve higher earnings of $2.60 per share on revenue of $279 million.

Explore more in Beer Industry at: https://goo.gl/dzx7Eb

Depletions -- a key measure for how quickly Boston Beer's products travel from warehouses to consumer outlets -- declined 8% year over year, marking a negative acceleration from the metric's 5% slide last quarter. This also means that early improvements in depletions trends that management cited as of last quarter's report didn't hold for the duration of the quarter. To be fair, though, Boston Beer CEO Martin Roper did caution at the time that "it's too early to determine if these improvements are sustainable."

"Our total company depletion trends declined in the third quarter at a slightly faster rate as we lapped new beer launches from last year," explained Boston Beer founder and Chairman Jim Koch, "and we saw a further slowdown in growth across the craft-brewing industry."

Roper elaborated that depletions declines in Q3 were primarily driven by decreases in Boston Beer's flagship Samuel Adams, Angry Orchard, Coney Island, and Traveler brands, which were only partially offset by continued gains from the Twisted Tea, Truly Spiked & Sparkling varieties.


Thirsty to find growth again

So why did the market reward Boston Beer stock with Friday's jump?

For one, keep in mind that Boston Beer is still down more than 30% over the past year as of this writing. That decline might be enticing for any investors still optimistic for the prospects of the craft-beer market over the long term. And Boston Beer isn't sitting on its heels as it continues to get pressed by both larger and smaller rivals encroaching on its niche.

In keeping with a comprehensive review of Boston Beer's brand messaging and packaging completed (ahead of schedule) last quarter, Koch noted that a "major packaging update for Samuel Adams Boston Lager has already shipped, to be followed by new Seasonal and Rebel packaging by the end of the fourth quarter."

In addition, Boston Beer expects to complete the national draft launch of its new Samuel Adams Rebel Juiced tropical IPA by the end of this month and has plans for "reimagining" its seasonal program with several promising new seasonal brews over the first three months of 2017.

On operational efficiency, financial guidance

But perhaps most intriguing were Roper's comments that Boston Beer is now conducting another comprehensive review, this time of its brand strategies and activation plans with the aim of ensuring "our investments are effective and efficient in building long-term brand equities."

This news naturally spurred some rumblings on Wall Street of whether Boston Beer might be considering whether to put itself up for sale. But until an actual acquisition scenario materializes -- and in light of management's decidedly long-term comments (more on that in a moment) -- I think investors would be wise to focus first on the actual business.

Read more at: http://www.fool.com/investing/2016/10/23/boston-beer-bubbles-up-despite-another-painful-qua.aspx

Friday, 21 October 2016

Flavors Market to Reach $15.2 Billion, Globally, by 2020

A new report by Allied Market Research, titled, "Flavors (Food and Beverages) Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2020", forecasts the global flavors market to reach $15.2 billion by 2020 at a CAGR of 4.3% from 2015 to 2020. In 2014, Natural flavors segment taken over the lead to hold the majority of share in terms of value. Strong demand for organic processed food & beverages remained the major growth thrust for natural flavors market segment. The growth outlook for natural flavors remains strong while synthetic flavors may witness negative growth.

For more information about the report: http://www.alliedmarketresearch.com/flavors-market

Demand for organic and healthy food products, changing consumer preferences, introduction of new and enhanced flavors, and demand growth of processed food products has been instrumental in the growth of flavors market. Further, expanding purchasing powers, changes in eating habits, hectic work schedule and improper diets would supplement the market growth. On contrary, factors such as stringent food safety regulations and few adverse effects on human health would pose a major challenge for the market growth. However, natural flavors has been able in addressing such concerns and would be growing further on this account.



North America currently is the largest consumer of natural flavors; however, by 2020, Asia Pacific would catch-up and marginally lead the natural flavors market segment. In addition, the developing and advance developing nations would render the faster growth for the natural flavors market. Nevertheless, North America and Europe will continue to hold over half of the revenue share for natural flavors segment till 2020. Despite overall negative growth in synthetic flavors market, the outlook will remain slightly positive in Latin America, Middle East and Africa. Asia Pacific will remain the largest market for synthetic flavors by 2020.

Beverage flavor products segment is the largest in terms of revenue, closely followed by bakery & confectionery and savory & snacks flavors segments. In contrast, the growth for dairy and frozen product flavors would be highest during the forecast period largely due to high demand of meat flavor products in Asia Pacific and Latin America. Animal and Pet food segment would also gain momentum with emerging economies being at the fore front of the growth. The overall Animal & pet food flavors market segment will grow at a CAGR of 4.4% during 2015-2020.

Key Findings:


  • Asia Pacific would continue to generate maximum revenue with a market share of 31% by 2020.
  • Africa would register the highest CAGR of 11.0% during 2015-2020 in the overall market, though at a small base
  • Latin America would exhibit highest growth in beverage flavors product segment with the highest CAGR of 5.8%.
  • Huabao International gained about 1.5% market share in 2014 over 2013.


Asia Pacific would consolidate its dominance with strong demand for Ice Cream, Soft Drinks, Dairy, Meat, and Animal Feed flavors during the forecast period. In 2015, Latin America would become the billion dollar market and will continue growing at the fastest rate of 5.8% during the forecast period. Africa, Middle East and Eastern Europe would also witness significant growth on account of growth in demand of packaged food and beverages. Western Europe will exhibit steady growth while North America would have diminishing growth.

Will the craft beer industry boom or bust?

By the end of 2016, New York State craft brewers will make about a quarter billion pints of beer. That's a lot, but still only enough to give us drinking-age New Yorkers less than two per month. That's why people like Brewers Association Chief Economist Bart Watson say the industry is fine.

https://www.flickr.com/photos/calflier001/6171442583

"The growth in breweries is built on solid demand fundamentals," Watson says. "Beer lovers want fuller flavor, they want more variety, and they want beers from small and independent local producers."

Know the Forecast and Industry Trends in Beer Industry at: https://goo.gl/dzx7Eb

New York brewers, like Pat Greene at Chelsea Craft Brewing Company, can get New York ingredients, which is what the people want.

"The population is younger, professional, well educated, and also enjoys fresh ingredients in their products not only in their beer but their food and their wine," Greene says. "And the brewer now can make those small batches of beer and serve them locally."

The big difference between the bust of the late 1990s and today is the beer is just a lot better. The people making it are smarter and more experienced. The ingredients are fresher and local. And this is another thing these breweries have: tap rooms. The tap rooms let them sell directly to the consumer. That helps them withstand downturns in the industry.

"For many breweries, those direct sales, they're a lifeline," Watson says. "And even if sales decrease in wider distribution we've seen breweries pull back to their taprooms and continue to stay in business."

"A lot of the breweries are designed just for that," Greene says. "Their equipment I'd say is a little bit bigger than a home brewer's where they can do small-batch beer and they know that every ounce of that is going to be sold at a retail price so their markups are good and they can survive."

Even if there is no bubble right now, craft beer sales are down. But companies like Boston Beer Company, the maker of Sam Adams, are playing a big role in that. They're still "craft" brewers but their sales are slumping. And while these producers are nowhere near as big as Budweiser or Miller, Fortune Magazine's John Kell says craft beer drinkers might feel like they're still too big.

"People kind of want to discover something new when they are discovering a craft beer so for a company like Sam Adams that's been around for over 30 years at this point doesn't feel very local," Kell says. "People are really excited about experiencing something that's new, and tasting something that's very local. When they travel they want to taste a local beer -- that's part of the experience."

So while the bigger brewers do have things to figure out, your smaller, local tap rooms will still be pouring plenty of pints for the foreseeable future.

Thursday, 20 October 2016

Packaged Food Market is Expected to Reach $3.03 Trillion, Globally, by 2020

https://www.alliedmarketresearch.com/packaged-food-market
According to a new report by Allied Market Research titled, "World Packaged Food - Market Opportunities and Forecasts, 2014 - 2020", the global packaged food market is expected to garner a revenue of $3.03 trillion by 2020, registering a CAGR of 4.5% during 2015 - 2020. The segment of non-alcoholic drinks dominated the overall packaged food market due to the large demand of ready to drink (RTD) beverages, globally. Baby food stands out as the fastest growing segment, primarily driven by the growing awareness towards modern care practices in baby health and food hygiene, primarily, in the developing nations. Presently, North America is the highest revenue generating region in the global market and would continue to maintain its dominant position throughout the analysis period. However, in terms of growth, APAC region would be the fastest growing market, expected to grow at a CAGR of 5.4% during 2015 - 2020.

To view the report, visit the website at https://www.alliedmarketresearch.com/packaged-food-market

Packaged foods include ready meals, baked foods, breakfast cereals, soups, baby food, potato chips, nuts, instant noodles, pasta, biscuits, chocolate confectionary, cheese, yogurt, ice cream, "sauces, dressings & condiments" and non-alcoholic drinks. Among these food products, the segment of non-alcoholic drinks, and baked foods together contribute to nearly 3/4th of the market, in terms of value. The dominance of these product categories in the market is primarily supplemented by the global demand for baked food (including food products such as cake, pastries and bread) and drink products (carbonated and non-carbonated). RTD beverages contribute for a major share in the non-alcoholic drinks market and has witnessed remarkable growth and acceptance in the APAC countries over the last decade. Further, bottled water, is now witnessing tremendous growth in developing nations where growing per capita income, health awareness and changing lifestyles has significantly boosted the demand for packaged and purified water.

Baby food would be the fastest growing market followed by the market of yogurt and nuts. Growing demand for yogurt drinks is the key factor propelling the yogurt market growth. The increasing consumption of nuts as raw food, and the growing awareness of its nutritional benefits, are key factors that boost the demand for nuts.

Geographically, North America leads the global packaged food market, followed by Europe. Asia Pacific and LAMEA are the most promising markets for packaged food.


Key findings of the study:

  • The growth of the packaged food market worldwide is largely attributed to growing demand from emerging economies
  • The segment of baby food and yogurt would register a rapid CAGR of 6.4% and 6.0% respectively, during the forecast period of 2015 - 2020
  • Asia Pacific would register the fastest CAGR of 5.4% during 2015 - 2020, primarily driven by the growing per capita incomes and increasing health awareness - China and India would exhibit significant market growth for packaged food products

The companies in this market are actively acquiring customers' insights and preferences to gauge on the potential market requirements. Key players operating in this market are primarily focusing on acquisition and partnerships to strengthen their market presence. Nestle, was among the first companies to establish its R&D center in India. Also, in the processed food division, Tyson Foods acquired The Hillshire Brand Company, and partnered with Godrej Foods India to work on new product launches. Kraft Foods entered into a merger with the global ketchup giant Heinz, with the objective to diversify its business.

Wednesday, 19 October 2016

Number of UK breweries rises as craft beer shows no signs of going flat

Study shows 8% increase in breweries to 1,700 with their rising popularity and profitability turning them into takeover targets


The number of UK breweries has risen by 8% to around 1,700 over the past year as the surge in popularity of craft beers continues, research shows.

Breweries are becoming increasingly profitable and targeted for acquisition, said accountancy group UHY Hacker Young, with drinkers in the UK willing to pay premium prices for a luxury product.

https://www.alliedmarketresearch.com/beer-market
Drinkers in the UK are willing to pay premium prices for a luxury product such as craft ale, says UHY Hacker Young. Photograph: Old Fountain
Good Beer Guide 2017 raises a pint to the new breed of British boozers
 Read more
James Simmonds, of UHY Hacker Young, said: “Craft beer is leading the way in the surging popularity of artisan products and has pushed aside other brands in high street bars. Many are now firmly established household names.”

Know the Latest Trends and Forecast of Beer Industry at: https://goo.gl/dzx7Eb

He added: “This increasing popularity has transformed many microbreweries into highly profitable businesses for entrepreneurs looking for a niche position in the food and drinks market. As a result of their success, microbreweries across the UK have also become attractive acquisition targets for larger breweries.”

The environment secretary, Andrea Leadsom, said: “Our food and drink is renowned the world over and for most of us there’s nothing more quintessentially British than enjoying a pulled pint of ale in a classic English pub.

“Thanks to the popularity of our pint we’re now seeing a record number of microbreweries opening up across the country, bringing quality beer to communities across the nation and creating countless jobs and opportunities for our economy.”

Dairy alternatives: Better health and taste for milk substitutes

Consuming plant-based milks has become a healthy lifestyle choice for many, promising great taste and nutrition


Many people do not know that milk and milk-based products are not necessary for daily nutrition. Milk derived from animals, which was once considered the elixir for growing babies and kids, is now slowly making way for dairy substitutes.

The phenomenon of veganism is also becoming more popular. Its adherents are no longer dependent on animals for dairy products, and want to use more cruelty-free products.

The dairy industry is catering to the needs of vegans — as well as the lactose intolerant masses — with the introduction of plant-based milks. Dairy alternatives, such as almond milk, soy milk, rice milk and milk from hemp are gradually winning over customers who are making the shift towards fat-free, organic substitutes.

Know the Latest Trends in Dairy Alternative Industry at: https://www.alliedmarketresearch.com/dairy-alternative-market

The dairy alternative market is witnessing the entry of big brands and startups that are including innovative variants in their product profiles to meet the increased expectations of vegans. Reducing allergy aggravations for the lactose intolerant, promoting veganism and adopting healthier lifestyles are the prime targets of the dairy alternative market.

Dairy substitutes, including spreads, creamers, yogurts, tofu and flavored milks, are gaining a nod of approval from consumers. The plethora of options offered by different companies has helped the dairy alternative market earn greater revenues.

Analysts at Allied Market Research have studied the market in detail and analyzed the strategic moves and dynamics followed by leading brands. They have stated that the partnerships and acquisitions between the big dairy companies help in expanding the scope of the dairy substitute market.

Veganism - sparking off the plant-based milk trend

Milk derived from mammals, which was long touted as a primary source of calcium, protein and lactose, is now slowly being edged out with the emergence of veganism. As a lifestyle choice, veganism is increasingly adopted by health enthusiasts who have recognized the nutritive benefits of thriving on a diet that is rich in plant fiber. Raising ethical concerns over the use and abuse of animals in food and dairy farming, animal lovers have also contributed to mainstream vegan trend.




Plant-based dairy substitutes derived from almond, rice, coconut, banana and hemp fill in the lactose, calcium, and protein requirements in a vegan’s diet. Without the much-wanted creams, cheeses, butter, and yogurts processed from cow or goat’s milk, this diet might sound bland. However, with many companies cashing in on this trend, vegans have  a wide array of non-dairy cream products from which to choose.

Big brands have recognized the need to come up with new dairy substitutes, and have added flavors to their milks, cheeses, and cream spreads. Certain startups and big brands have also launched ice creams created from coconut and soy milk. This is a testimonial to the huge scope for creativity in product diversification in the dairy alternative market.

Banana and coconut milk: Could dairy alternatives get any better?

What sounds better than eating bananas? Not much, except drinking vegan banana milk produced without dairy additives. It has proven to be the latest milk alternative craze in the vegan as well as non-vegan world. The fruit offers notable nutritive benefits without costing consumers a lot of money. Moreover, milk derived from soy, hemp, cashew or almond tends to have a slightly bitter and cloying taste, which might not meet the criteria of a few hesitant dairy consumers. With their natural sweetness, bananas promise to be the tastiest, cheapest and healthiest substitute to milk.


Tuesday, 18 October 2016

Food Packaging Manufacturers Are Seeking Ways to Tackle Food Wastage Problem

The packaged food industry has taken giant strides forward in the last few years. The industry has grown owing to factors such as easy cooking, consumption, handling, and protection from external tampering and meddling. Health awareness programs along with convenience of consumption are instrumental is driving the packaged food market worldwide. A market research report published by Allied Market Research offers key market insights such as the markets share, size, and growth. The aim of leading market players is to package food in an efficient and in a cost-effective manner. It is important for major manufacturers to maintain the quality of the food that is packaged without affecting the packaged product. Government regulations governing the packaged food industry have implemented strict food safety regulations to ensure safe and laboratory tested food packaging processes are in practice.

Get a detailed Research in Packaged Food Industry at: https://www.alliedmarketresearch.com/packaged-food-market

3D Printing in Beverage and Retail Packaging


When the 3D printing technology surfaced, industry experts believed that the technology could potentially be a great opportunity to move away from conventional manufacturing processes, the time constraints associated with traditional manufacturing processes urged the need to seek alternate manufacturing and packaging techniques. 3D printing is used in a wide range of applications in different industrial sectors such aerospace, defense, and healthcare. The latest industry to make use of the 3D printing technology is the beverage and retail packaging industry.

The use of 3D printers is gradually picking up in the food packaging industry. Vice president and 3D printing expert, Paul Pavolich revealed how the food packaging industry can use rapid prototyping as a bargaining chip to develop prototypes at a quick pace. It is crucial to understand the functionalities of 3D printers and to identify the right tool for the right job. The basic 3D printers are apt for simple prototypes. However, high quality commercial 3D printers are capable of creating prototypes that are so realistic, even the customers can’t differentiate between the real product and the printed prototype. The food and beverage packaging industry requires quick and efficient methods to create prototypes.

Figure 1. 3D Printed Bottle Prototypes

https://www.alliedmarketresearch.com/packaged-food-market
(Image Source: https://3dprint.com/103212/3d-print-prototype-packaging/)
Packaging has become an important part of marketing a product in modern times. 3D printing has been identified as the most reliable alternative to traditional manufacturing processes as it is cost-effective and time-efficient. The technology not only saves time and money, but also has a strong impact on marketing or the product. 3D printing is slowly making its way into the product development cycle of many leading manufacturers such as Heinz and Kraft Foods Group, Inc.

Technology to increase shelf life of packaged foods


The shelf life of a product is one of the important factors consumers and customers keep in mind especially while buying consumable goods. Food manufacturers have realized the need to produce products with a healthy shelf life.

Performance Packaging, introduced a new technology termed as Air shield technology that will extend the shelf life of packaged foods by chemically eliminating oxygen from dairy food packaging. Rob Reinders, Performance Packaging, president, revealed that dairy foods such as cheese, butter, processed dairy foods are sensitive to oxygen and the new technology will help solve this problem by removing oxygen and improve color, flavor, and nutrition to enhance the shelf life of dairy products.

Figure 2. Packaging pouches with Air Shield technology

(Image Source: http://www.dairyreporter.com/Processing-Packaging/New-Airshield-technology-to-up-shelf-life-of-packaged-dairy)

The Air shield technology not only removes oxygen but also creates an oxygen barrier which improves the shelf life of the dairy products. Removal of oxygen involves two chemical reactions. It eliminates the need to utilize excess packaging components such as aluminum foil, EVOH additive and aluminum oxide coating. This makes the entire process cost-effective for food processors and packaging companies. Convenience, quality, sustainability and pricing of the entire process majorly drives the food packaging industry. The Air shield technology will be implemented in food packaged in pouches as food packed in pouches has gained popularity amongst consumers owing to its convenience and portability.

Food packaging industry to solve food wastage problem


In modern times, wastage of food is considered to be a major environmental and economic issue. Figures disclosed by United Nation’s Food and Agriculture Organization (FAO), reveal that one-third of the food produced for human consumption is wasted or lost. Loss of food often occurs during the production stages such as harvesting, transportation, and storage of food. Wastage of food also has an impact on the environment. As much as 3.3 billion tons of greenhouse gases is added to the earth’s atmosphere due to wastage of food.

Countries and leading manufactures have set up goals and are aiming to tackle this problem. The European Union is aiming to reduce food waste by 30% by 2025. France, became the first country to ban supermarkets from disposing unsold food and donating it to charity and food banks. The food packaging industry has also joined hands with nations worldwide to curb the problem of food wastage.

By seeking new ways to protect food, majority of the food wastage problem is solved instantly. Produce items such as fruits and vegetables are easily vulnerable. Today, produce items are packed in such as way so as to reduce wastage and maintain the quality of the product. Food packaging is also helping in improving the shelf life of the products. Packaging techniques such as modified atmosphere packaging (MAP) also contribute to reduce wastage of food.

The food packaging industry is set to grow in the near future as the need to stop food wastage has gained popularity. The impact on the environment due to food wastage is noticeable and leading manufacturers such as Nestle, Kraft Foods Group, Inc., and Tyson Food, Inc. are focusing on improved and cost-effective packaging. The 3D printing technology has also been a vital factor to boost the growth of the food packaging market worldwide.