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World Food Business Summit

BY Fast Company CalendarThu May 21, 2009 at 5:29 PM

These are turbulent times, even for the allegedly recession-proof food industry. Here are the trends three leaders are seeing as they prep for this gathering (June 17-19) in New York. --Theunis Bates

"You can't go into a supermarket and find a product that doesn't have a health claim on it. This makes the public confused about what to eat. At some point people will throw their hands up and say, 'We can't make any sense of this.'" --Marion Nestle, NYU NUTRITION PROFESSOR

"Despite the credit crunch, sales of free-range meat have grown. One-fifth of shoppers now say that animal welfare is one of their key drivers of product choice. [But] we're also seeing customers switching to cheaper cuts of meat." --Mark Price, MANAGING DIRECTOR OF WAITROSE SUPERMARKETS

"It's more important than ever to stay focused on the things we can control, [like] better understanding local needs. In North America, we're offering consumers fresher, less-processed products. In developing markets, we concentrate on affordable nutrition; in Indonesia, we sell Biskuat biscuits, fortified with nine vitamins and six minerals, and priced at five biscuits for about five cents." --Irene Rosenfeld, CEO OF KRAFT FOODS

Woman at SupermarketWed, June 17
Serve
World Food Business Summit
New York

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Topics:

Magazine, FC Calendar, food, recession, nutrition, health, free-range meat, Theunis Bates, Marion Nestle, New York University, Mark Price, Irene Rosenfeld


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Recent Comments | 2 Total

August 12, 2009 at 11:40pm by Bradfords B

In times like this, nutrition will always be at the forefront because we cannot afford to spend our hard-earned money just to pay doctors to treat us for food-borne illnesses: as the result of consuming more processed-foods instead of the healthy organically grown stuff.

--
hampers