The magazine for professional developers of consumer packaged goods
Updated on 02/10/2003
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BRIEFLY

A CD-ROM from CCFRA has over 1,000 hyper-linked articles and summaries on various aspects of food safety, with the emphasis on food microbiology. More details are at http://www.campden.co.uk/publ/pubfiles/safeproc.htm.

Innovation is the theme of the CIAA conference at Anuga this year on 14 October. Topics include current trends, food safety and biotechnology. The trade body for the European food and drink industry wants a harmonised and simplified regulatory framework to be able to exploit the results of their research and respond better to consumer demands. Details from Thierry Dieu, t.dieu@ciaa.be, T +32 2 508 10 24.

The biotech industry raised more than $8bn last quarter, including nearly $5.5bn in financing and about $2.6bn in partnering transactions, making this the best quarter since 4Q 00 when the industry raised $11bn, says Steven Burrill, chief executive of Burrill & Company, a San Francisco-based life sciences merchant bank.

HEADLINE NEWS 02 October 2003

USDA label requirements “unworkable”
More evidence that fish oil is good for you
Billions wasted on ad slogans

Trade

USDA label requirements “unworkable”

The US National Food Processors Association (NFPA) has told a Congressional subcommittee that the Department of Agriculture’s present country of origin label requirements are “unworkable” and “unnecessarily burdensome and operationally impractical for both food processors and retailers".

The NFPA said products of ‘foreign origin’, as determined under US tariff laws, are already subject to country of origin labelling under Customs regulations. Moreover it would be “extremely complicated and technologically difficult” to  the new requirements. Because percentages of components vary among bags, order of predominance by weight rules for country of origin marking will cause frequent and costly label changes or extraordinary spending on sophisticated marking equipment but provide little benefit to consumers.

Nutrition

More evidence that fish oil is good for you

Recent peer-reviewed research shows that consumption of fish or long-chain omega-3 polyunsaturated fatty acids (LC-PUFAs) may reduce the risk of death in heart disease patients and improve immune function in healthy men. New reports also indicate that fish consumption may decrease the chance of developing Alzheimer's disease or depression in older adults.

Added to its known cardioprotective effects, regular fish consumption may improve quality of life and health, particularly in middle and late age, conclude the reports. But they also benefit the unborn. Research suggests visual acuity and motor activity was significantly better in omega-3 LC-PUFA-supplemented infants after one year.

Marketing

Billions wasted on ad slogans

Despite billions of dollar spent devising and promoting catchy advertising slogans, only six were recognised by more than 10% of respondents in a recent survey of tag lines for 22 of the USA’s biggest marketers, by US brand consultancy Emergence.

The unpublished figures, quoted in a USA Today story, suggest that much of the $250bn a year that companies spend on advertising may be lost in the clutter or simply forgettable.

Emergence boss Kelly O'Keefe says most slogans don't work because consumers are too smart or cynical to believe them.

Wal-Mart’s “Always low prices” was the only tag line to jog the memory of more than half of the respondents. Those who did poorly blamed the newness of their slogans. This suggests that, like puppies and kittens, slogans should be for life.

 
Tuesday, 01 February 2005
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