This document summarizes a presentation given by Jim Mulcahy, Manager of the Prepared Consumer Foods Department at Enterprise Ireland. The presentation discusses trends in the food industry, including increasing demand for convenience and healthy options. It also outlines Enterprise Ireland's strategy of focusing on competitiveness through lean business practices, innovation through new product development, and management development. Some strategic options suggested for food companies include developing new products suited for changing climate or expanding into related areas like organic foods, agri-tourism, or food-tech packaging solutions.
In this short presentation to the ICN Agribusiness, Food & Fibre forum in Warrnambool on 12 March 2015, DIAL CEO Dr Lesley MacLeod outlines how DIAL can assist food businesses solve their technical challenges and grasp new market opportunities.
This document provides an overview of the global Halal market, its major players, products and future prospects for expanding the industry parameters. It also points out the need for halal products to be as readily available as Kosher products to have a wider range for the market share.
Bonnie Mc Clafferty_Investing in the middle of the chain to diversify dietsGlo_PAN
Bonnie McClafferty, Director, Agriculture and Nutrition, Global Alliance for Improved Nutrition (GAIN), at the side event, "Global Panel on Agriculture and Food Systems for Nutrition: Resilient Policies for Nutritional Security." IFPRI 2020 conference on Building Resilience for Food and Nutrition Security, May 15-17, 2014, Addis Ababa, Ethiopia.
Coca cola supply chain divided as parts for good supply chain ;all parts want to be good
Coca cola company gets in formations from this information they will decide the manufacturing quantity
For a better supply chain information follow and material follow want to be very efficient and affective
According to the information follow and orders they make plans about manufacturing .
They keep stock in warehouses for the demand and orders then company will distribute the stock for customers
In this short presentation to the ICN Agribusiness, Food & Fibre forum in Warrnambool on 12 March 2015, DIAL CEO Dr Lesley MacLeod outlines how DIAL can assist food businesses solve their technical challenges and grasp new market opportunities.
This document provides an overview of the global Halal market, its major players, products and future prospects for expanding the industry parameters. It also points out the need for halal products to be as readily available as Kosher products to have a wider range for the market share.
Bonnie Mc Clafferty_Investing in the middle of the chain to diversify dietsGlo_PAN
Bonnie McClafferty, Director, Agriculture and Nutrition, Global Alliance for Improved Nutrition (GAIN), at the side event, "Global Panel on Agriculture and Food Systems for Nutrition: Resilient Policies for Nutritional Security." IFPRI 2020 conference on Building Resilience for Food and Nutrition Security, May 15-17, 2014, Addis Ababa, Ethiopia.
Coca cola supply chain divided as parts for good supply chain ;all parts want to be good
Coca cola company gets in formations from this information they will decide the manufacturing quantity
For a better supply chain information follow and material follow want to be very efficient and affective
According to the information follow and orders they make plans about manufacturing .
They keep stock in warehouses for the demand and orders then company will distribute the stock for customers
Jan Maat is explaining how the European Foodbest consortium works and reacted to the outcome of the European Trilogue Negotiations in June 2013, in which a Food4Future KIC call was decided to be launched in 2016.
Food processing industry is estimated at USD 67 Billion that employs over 13 million people directly and 35 million people indirectly. This presentation includes key growth drivers,opportunities, key segments, foreign investments and what the Make In India program has for food processing industry of India .
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1. New Food Product Development
Ideagen- May 10th 2011
Jim Mulcahy, Manager, Prepared Consumer Foods Dept
Enterprise Ireland
2. Agenda
• Setting the Scene- the current economic climate
• Food- our most important industry sector
• The domestic retail market
• The prepared consumer foods market- trends, drivers
• Enterprise Ireland strategy for - competitiveness
- innovation
- management development
• Some strategic options
3. The Good News!
• Manufacturing Output hits 11 year high
• More staff being hired
• Strong demand from Europe and Asia
• PMI Index (56.7) hits highest level since 2000
• New export orders expanded at second highest rate since 1998
pushing employment growth to 4 year high
4. The Future of Food
World population in 1999 – 6 Billion
2012 – 7 Billion
2025 - 8 Billion
Economic development in the ‘BRIC’ countries
Finite, or diminishing arable land resources
5. Current Challenges
• Rising input costs – wheat, sugar
• Retail concentration and power – price deflation
• Economic downturn
• Bank facilities
• Globalisation
• Energy costs
6. ‘Food Harvest 2020’
A vision for the Agri-Food Sector
3 Themes - Act Smart
- Think Green
- Achieve Growth
Targets: To increase
Primary output by €1.5 billion
Value added by €3.0 billion, and
Exports by €4.0 billion.
7. Food – Our most important industry
sector
• 9% GDP (Output of €18 billion)
• 8% of total exports to over 170 overseas markets
• 9% total employment (51,000 directly - 60,000
indirectly).
• €8 billion (71%) Irish purchases
• For Ireland, food is the business!
8. Ireland the Food Island
• Temperate climate
• Clean environment
• Traceability – safe food
• High quality product
• Surplus production – exports
• Rigorous safety standards and regulations.
• Strong educational and research
infrastructure.
• Strong Government support
10. The Domestic Retail Market
• Tesco, Dunnes, Musgraves,(70%)
• Discounters Aldi, Lidl (9%)
• Own label V. Branded
11. Retailer’s Product Criteria:
The product’s commercial performance
The supplier’s food safety systems
The supplier’s service performance.
12. PCF Market – Trends, Drivers
• Health and Well Being Agenda
• Taste, Quality
• Convenience
• Value
13. Health and Well Being (‘You are what
eat’) you
• Nutriceuticals (Omega 3 – brain health)
• Cosmeceuticals – retard aging
• Food Safety - Traceability
• Satiety - Weight control
• Natural Foods – no artificial
preservatives, additives, colourings.
Less salt, sugars, fats
14. Health and Well Being (Contd.)
• Cholesterol lowering products
• Low carbohydrate products
• High fibre
• Gluten and allergen free
• Superfruits, (Cranberries, Pomegranate, Goji, Acai)
• Calorie – burning products (containing green tea
extracts and caffeine)
15. • There has been no single trend that has had a
bigger impact on the food industry and will
continue to do so than……..
• Convenience
Richard George, Ph.D Professor , Food Marketing,
St. Joseph’s University, Philadelphia.
16. Convenience – ‘Cash rich, time poor’
society
• Changing demographics – single households. The
‘grey market’. Ethnic foods
• Demise of family meals. ‘Grazing’.
• Frozen Foods, the microwave.
• Eating out
• On the move – ‘dashboard dining’,
‘eating al desko’
• Cooking now a spectator sport
17. Taste, Quality
• Travel – more sophisticated,
demanding consumers
• More affluent consumers
• Eating now an adventure or new
culinary experience
18. Value
• Current difficult economic climate
• Price deflation due to retail competition
• Travel experience (e.g. wine)
• Discounters v. Multiples – segmenting
shopping trip (Necessities + indulgence)
19. Enterprise Ireland Strategy
Focus on:
• Competitiveness - Lean Business
• Innovation - New Product,
Process Development
• Management Development
• High Potential Start ups
20. Competitiveness – Lean
Business
• Lean Business Principles
• Top management support and involvement
• Across Total Value Chain
• Establish structure for continuous improvement
• Impressive results to date
21. R&D, Innovation
• Research – Using money to create knowledge
• Development (Innovation) – Using knowledge
to create money
22. Current Food Research
• Food for Health Ireland – extraction of milk
ingredients.
• Alimentary Pharmabiotic Centre - how intestinal
bacteria influences health and disease.
• NutraMara - researching seaweed and algae for
functional food development.
• Eldermet – the development of foods for the elderly.
23. Innovation Milestones
• Most Important Inventions of the Twentieth Century?
• Haber-Bosch Process (1913). Ammonia from
atmospheric nitrogen oxidised to form nitrate fertiliser
that sustains one third of the worlds population.
• Frozen Foods -Charles Birdseye (1920).
Convenient and nutritionally intact products.
24. Food Innovation
Mostly:
• Packaging
• Line extensions – e.g. new flavour
• Reformulation – Changing recipe
• New brand – New way of branding of existing
product
• Process reorganisation – Supply chain innovation
• Innovation essentially a market access and market
maintenance issue
25. Food Innovation
New Products
• Pot Noodles
• Cheese Strings
Process Innovation
• Cornetto
Packaging
• Heinz ‘Snap’ Pots
26. Developments in Packaging
Technology
• Most Food NPD in packaging
• Most packaging developments in active packaging
technology
• Active functions beyond passive containment and
protection
27. Developments in Food Packaging
Technology
• Biodegradable packaging
• Micro wave packaging
• Self heating packaging
• Nanotechnology in intelligent packaging
• Nano sensors
• DNA biochips
28. Exploiting Technological Change
• Biotechnology- Develop health promoting foods
• ICT – Consumer behaviour (POS)
• RFID - Traceability
• Robotics – Productivity, competitiveness
• Sensor Technology – Information generation
• Nanotechnology – Smart packaging
• Processing – Non thermal processing, freezing
technology, etc.
29. Management Development
• Seafood Processors Strategic Management
Development Programme
• Retailer Supplier Development Programmes
• Lean Business Programmes
• L4G, Transform CEO Programmes
• Key Personnel Support
30. Some Suggested Strategic Options
• New products – grapes, wine?
(Global warming)
• Organic products
• Agri- tourism, Culinary tourism.
• Food related products – Information
Technology, specialised packaging,
engineering etc
• Network with other EU regions