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FMI (Food Marketing Institute),
Chicago, Illinois
Interesting highlights taken from the FMI show in Chicago
include:
Brand Highlights
- Disney entered the
licensed food categories. Offerings ranged from frozen fish
tenders from American Pride Seafood's to Micky Ravioli by
Pasta Italiana. Additional products included a line of fresh
produce under the Disney Garden trademark with Imagination
Farms.
- One of the more interesting
product samples at the show was an Organic Coffee Soda called
Double Bean Elixir™ from Green Mountain Coffee Roasters.
Coke also enters this new beverage category with its debut
of Coke Blak.
New Products on Show
- Magic Chef, the appliance
line formerly manufactured by Maytag, has been reborn through
a unique licensing partnership with E-Wave. The Chicago-based
company holds the exclusive license to build out an entire
line of small appliances, cookware, and accessories.
- Campbell Soup is adding
sea salt to a line of lower sodium soups and reformulating
several of its top soups and beverages with lower sodium
levels as well.
Licensing Trends and Thoughts
- Kemps introduces their
new line of LIFE SAVERS Frozen Sherbets alongside their
parent companies, HP Hood, Southern Comfort Egg Nog.
- Anheuser-Busch, through
a licensing agreement, has put the Budweiser taste into
a line of basting, barbecuing and wing sauces.
Other Comments
Some interesting research in the organic food category was
debuted in one of the FMI educational sessions. Some of the
interesting facts discussed include:
- 30% increase in organic
product usage from 2000 to 2005.
- Emerging theme: avoiding
hormones
- Gateway to organic
products are: 1) perishables – dairy, produce, meat;
and 2) kids products
- Experienced double
digit growth over past 10 years including 16% in 2005 and
the total organics product market is expected to reach $26B
by 2010
- Emerging organic categories:
1) natural personal care products; 2) fiber & textile
(apparel); 3) pet products; 4) flowers; 5) supplements;
and 6) cleaning supplies
So far in 2006, the beverage category continues to lead global
new product introductions just as it did in 2004 and 2005.
Rounding out the top five are bakery, confectionery, dairy
and snacks.
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