By Aaron L. Brody, John B. Lord
The nutrients within the usa, J. Lord Product coverage and ambitions, J. Lord New Product Failure and luck, J. Lord The foodstuff Product improvement technique, M.J. Rudolph nutrition Product thoughts and notion checking out, J. Lord Consumer-Driven Product layout of meals and drinks: equipment, Mind-Sets, Metrics, H. Moskowitz, M. Silcher, J. Ewald, and J. Beckley New Product organisations: High-Performance crew Management for a altering setting, R.E. Smith and J.W. Finley foodstuff technological know-how, know-how, and Engineering review for nutrition Product improvement, R.T. Toledo and A.L. Brody improvement of Pa. Read more...
summary: The nutrition within the usa, J. Lord Product coverage and pursuits, J. Lord New Product Failure and good fortune, J. Lord The nutrition Product improvement technique, M.J. Rudolph meals Product recommendations and suggestion trying out, J. Lord Consumer-Driven Product layout of meals and drinks: tools, Mind-Sets, Metrics, H. Moskowitz, M. Silcher, J. Ewald, and J. Beckley New Product businesses: High-Performance group administration for a altering setting, R.E. Smith and J.W. Finley foodstuff technology, expertise, and Engineering evaluate for nutrition Product improvement, R.T. Toledo and A.L. Brody improvement of Pa
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Extra resources for Developing New Food Products for a Changing Marketplace, Second Edition
Several reasons were cited for this. Companies recognized that there is less risk and a potentially faster return from leveraging equity in core brands than in investing in innovative new food products. The Efficient Consumer Response (ECR) initiative of the 1990s, including a move toward category management, led to a reduction in me-too types of food product launches. Market saturation in many product categories has made it increasingly difficult for small and mid-sized companies to get their products on retail shelves.
These data show that generally, changes in total spending are more volatile in the away-from-home sector. Changes in spending for food-at-home more closely track population changes. Total spending on food advanced at a nominal (not adjusted for inﬂation) rate of nearly 5% from 2002 to 2003. 5% clip. 9 Source: USDA. S. Census Bureau ﬁgures. Food price increases have been relatively small in recent years. 2% in 2003. Commodity prices tend to be more volatile than processed food prices. While foodat-home price increases have tended historically to be smaller than away-from-home price increases, the opposite was true in 2001 and 2003.
By 2000, the percentage of the total grocery market controlled by the top ten chains had roughly doubled from the beginning of the decade. Partly to respond to the increasing scale of their customers and partly to take advantage of scale economies through reduction of redundant activities, food manufacturers had also engaged in a fury of mergers and acquisitions. Among the more notable acquisitions, Kraft (Atria) acquired Nabisco, Kellogg’s acquired Keebler, General Mills acquired Pillsbury, and PepsiCo acquired Quaker Oats.