The Dairy Hub concept goes to the heart of food safety and dairy development, by helping strengthen the dairy value chain in developing countries. The goal of Dairy Hubs is to help our customers in developing countries access better-quality, locally produced milk. At the same time, it helps smallholder farmers become profitable dairy producers, raising income and improving nutrition in areas that need it most. Already active in Bangladesh and Nicaragua, our Food for Development team recently launched a new project with local partner Cargills in Jaffna district in northeast Sri Lanka.
Alexandre Carvalho, Director Marketing Services at Tetra Pak, walks through the three fastest growing product trends in 100% juice following research across 7 markets with 7,000 consumers as part of the latest Tetra Pak juice index report.
Focused exclusively on 100% juice for the first time, the report identifies consumer trends driving new growth opportunities for producers around the world. Read more.
Spending power of seniors to hit US$10 trillion by 2020
Tetra Pak has released a consumer study to highlight opportunities in the food and beverage market for seniors, those aged 60 and over, the fastest growing consumer group in the world.
Libby Costin, VP Global Marketing at Tetra Pak said: “Seniors spend 20% of their income on food and beverages. They have more disposable income than previous generations, and are poised to become one of the most important consumer groups over the next decade with a total spending power of US$10 trillion by 2020. This creates a huge opportunity for manufacturers to respond to their needs.”
“Sustainability goes hand in hand with the Tetra Pak brand promise – PROTECTS WHAT’S GOOD™ – and the three pillars on which it stands: food, people and futures. Our activities in all three areas over the past year show sustainability is ever more deeply embedded in our business, in our corporate culture and in the expectations of our customers and consumers,” advises Dennis Jönsson, CEO & President at Tetra Pak.
Learn more in Tetra Pak’s latest Sustainability Update 2016.
Tetra Pak is proud to be supporting FSC™ Friday again this year, a series of events around the world designed to celebrate and raise awareness about responsible forest management and the role FSC plays in it.
FSC is a global, not-for-profit organisation that helps take care of forests and the wildlife they support, while also enabling businesses and consumers to make informed choices about the forest products they buy.
Focused exclusively on 100% juice for the first time, the report identifies consumer trends driving new growth opportunities for producers around the world.
In a challenging global economic environment, the report reveals the three top product trends driving growth - vegetable nutrition, all natural, and speciality 100% juice. Consumers are increasingly focused on eating healthy and nutritious food with more than 80% globally seeing 100% juice as healthy, natural and tasty.
With low oil prices continuing to foster uncertainty in Canada’s resources sector, the value of the Canadian dollar has declined rapidly, reaching a thirteen year low in January when it traded at $0.68 cents USD. While the dollar has rebounded since that time, exchange rate fluctuations are expected to continue to affect many Canadian companies throughout the remainder of 2016. Particularly hard hit are food and beverage manufacturers that import goods or source products from the United States.