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  • 25 Mar 2019 11:57 AM | Deleted user

    On Wednesday, March 20 CFBN hosted a lively breakfast with New Frontiers in Food (NF4) – a collaborative group of European delegations whose mission is to provide an inclusive platform for food innovation, growth and collaboration amongst emerging food, and food tech start-ups. New Frontiers in Food is comprised of European Union representatives and companies, including the Netherlands, Belgium, France, and Spain.

    Jeroen Wouters, from the Netherlands delegation, kicked off the event by sharing insights into the mission of the organization, and the changing landscape of food tech in the European Union. He then moderated a quick overview of the 12 European start-up businesses on-site, giving a bit of background behind their involvement in the cluster.

    To close, a representative from each European start-up presented the audience with a 1-minute pitch outlining their food innovation or food tech.   Those in attendance were given a description of their unique products, as well as an overview of where they stood in product production.

    The representatives were very transparent and shared the areas of their businesses needing some assistance – whether that be finding a US distributor, packaging or ingredient testing.

    Following the presentation, CFBN re-opened networking with the entrepreneurs who were stationed around the room with their products.  The audience then had the opportunity to ask questions, and even sample some of the products. The event was an engaging way to learn about food innovation from other countries. We would like to thank Food Valley NL for their support and New Frontiers in Food for helping to put on a great event.


  • 21 Mar 2019 4:49 PM | Deleted user

    Manufacturing is helping to turn Illinois’ economy around, and the overall sector ended 2018 by registering its 28th straight month of growth. But when it comes to gender diversity, American manufacturing has room for improvement: As of December, women represented just 29 percent of its workforce.


    In addition to hiring and training more women, the Manufacturing Institute recommends that manufacturers increase the visibility of female leaders at all levels of business to shrink the sector’s gender gap.

    The women on this list are among the top leaders at more than two dozen Chicago-area manufacturing organizations. These pages offer a glimpse of how they are shaping their own organizations, as well as the path forward for other women in the industry.

    Read the full article here


  • 21 Mar 2019 12:40 PM | Deleted user

    If harnessed appropriately, rapid advances in digital technology could offer much-needed solutions to some of the unintentional negative diet- and nutrition-related consequences from otherwise positive Industrial Revolution era developments, according to the CEO of Partnership for a Healthier America.

    Read the full article from Food Navigator here


  • 20 Mar 2019 2:48 PM | Deleted user

    What started out as a great business idea is quickly turning into much more for Gies College of Business alumnus Jordan Buckner (MBA ’14).

    MBA '14 graduate Jordan Buckner recently earned Forbes' 30 Under 30 recognition for his healthy, tea-infused snack company called Tea Squares.MBA ’14 graduate Jordan Buckner recently earned Forbes’ 30 Under 30 recognition for his healthy, tea-infused snack company called Tea Squares.

    Buckner is the founder and CEO of Tea Squares, a company that produces healthy, tea-infused snacks designed to give consumers a natural energy boost to get through their day. The product may be small, but the business is having a large impact. Just a few short years after testing his first product, Buckner’s Tea Squares are now being sold in about 300 retail stores around Chicago. They’re available in Mariano’s, Jewel-Osco, and Whole Foods, the last of which was so impressed by Buckner’s mission, they helped him earn the prestigious recognition of “Forbes 30 Under 30” in 2018.

    Read the full article on the U of I Business website here.


  • 19 Mar 2019 5:29 PM | Deleted user

    Received a call or email recently saying you’re the perfect candidate for a high-salary job with a Fortune 500 food & beverage organization? That’s great! But before you hand over your personal information or pay a fee, make sure the recruiter – and the job – are real. Read more of this story from our member Kinsa Group here.




  • 19 Mar 2019 1:46 PM | Deleted user

    Check out our member US Food's 2019 spring "Trend Tracker" here


  • 15 Mar 2019 1:41 PM | Deleted user

    The BGL Consumer Insider is a periodic research publication highlighting capital markets and mergers and acquisitions activity, financial and operating performance of certain publicly-traded companies, and trends within the consumer industry.

     

    Evolving consumer preferences and rapid technological change are transforming the food supply chain. Food distributors are refining offerings to capture on-trend products and capitalize on changing market dynamics, accelerating acquisition-driven growth. Consolidation is continuing in a fragmented marketplace with buyers aggressively seeking acquisitions to broaden specialty offerings, build private brand portfolios, gain access to independent restaurants and retailers, and expand geographic reach.

     Download their latest research document here



  • 14 Mar 2019 3:18 PM | Deleted user

    Imbibe sent a team to Expo West to look for the hottest trends and most innovative products. Here's what we found!


    Click here to see the Expo West trends

  • 13 Mar 2019 12:04 PM | Deleted user
    • Two entrepreneurs, Gregg Latterman and Dan Willoughby, loved pretzels and thought they could improve on the basic formula. They launched the Positive Pretzels™ brand in 2018 and were picked up by Whole Foods throughout the Midwest. Like many emerging brands, they bootstrapped the launch. To ensure that their organic, health-focused product had legs, they needed to take the next logical step — tap consumer insights. This involved sensory testing with a relevant sample of target consumers; people who shop for healthy, organic snacks at retail chains like Whole Foods, Trader Joe’s and Fresh & Easy, for example. To help with this effort, they turned to sensory testing leader, Curion.

      The origins of the pretzel industry

      The pretzel has been a mainstay snack in the U.S. since the 1930s. But the origins of the pretzel are much older; the first version invented by an Italian monk in the year 610. The modern pretzel-making machine was introduced in Pennsylvania in 1935. Since then, with the exception of shape and texture (soft or hard), the pretzel has remained the same — yeast-risen, dough-dipped in a liquid wash of water and lye before baking. Actually, traditional pretzels are essentially refined carbohydrates that offer few nutritious benefits and an overdose of salt. 

      A healthy reinvention

      Positive Pretzels™ markets their product as a healthier alternative, targeted at the “better for you” category. The goal was to have as few ingredients as possible and the best quality. Ingredients include organic flour, organic sunflower oil, sea salt and water. The brand is free from any artificial ingredients, with no added sugar or corn syrup.

      Sensory testing with Curion’s eFive™ 

      Positive Pretzels™ teamed up with eFive™, the sensory testing service designed by Curion specifically for emerging brands. At their Deerfield, Illinois test facility, consumers were drawn from Curion’s national database. In the test kitchen, bowls of pretzels were handed through sliding windows to consumers who sat in testing booths. Bowls of Positive Pretzels™ were rotated with bowls of competitor brands. Each batch of pretzels was numbered. Consumers were given salt-free crackers in between tastings to clean the palate. 

      eFive™ is designed to analyze consumer perceptions via the 5 senses: sight, smell, sound, touch and taste. Test subjects filled out questionnaires that sought to answer client questions such as:

    • Sight — does the look of the packaging and the product make a pleasing first impression?
    • This is key, because consumers often make assumptions about the brand based on the package and color of the actual product. For example, when sensory testing was done on Skittles®, subjects were confused when colors and flavors did not match up. So visual cues are key to overall “liking” of the product.
    • Smell — Does the first whiff of the product transport the consumer to another time and place? If so, is the memory a good one?
    • Aromas are used in product marketing to tempt busy shoppers. It’s critical that the brand get it right.
    • Sound — In the case of a hard pretzel, does it make a fresh sounding crackle in the bag? And does it have a satisfying crunch when consumers break off a piece?
    • The ‘snap’ is essential — unless you’re selling soft pretzels, anything bendy or limp could connote staleness
    • Touch — Is the product packaging flimsy or does it have a quality feel? How does the pretzel feel to the touch? Is it greasy or clean and crisp?
    • This is a key metric for both the packaging and the product. Consumers today want to make sure that packaging is recyclable and that the brand meets sustainability mandates
    • Taste — Does the product have a pleasing mouth feel and flavor?
    • Sensory testing enables brands to ensure that their claims — quality ingredients, organic, Non GMO and no artificial ingredients  — are fulfilled through a satisfying taste.
    •  eFive™ delivers for Positive Pretzels™

      77 consumers participated in the test. According to partner, Gregg Latterman, who viewed the process, “We received results on how our product was rated compared to competitors. Consumers ranked us favorably for our natural ingredients, and the package and messaging also garnered high marks. Positive Pretzels™ is an organic product with all the relevant certifications. The brand was very well received by consumers seeking “good for you” snack products. We were also able to get some answers to questions such as:

    • What sensory cues rise to the surface and how can they be used to market the product?
    • Is there anything that falls short of expectations?
    • How did Positive Pretzels™ do compared to other products in the test?
    • Feedback on texture, shape, salt level, packaging and messaging

    About eFive™

    Sensory science is a research method that gathers and analyzes consumers’ responses to products that invoke the five human senses: taste, touch, sight, smell and sound. Through its offerings, eFive uses sensory science to reduce the risk of failure. For emerging brand owners like Gregg Latterman, eFive™ delivered the consumer insights with both speed and affordability so that he could take Positive Pretzels™ to the next level.

     

    About Curion

     

    Curion is a full-service product and sensory insights firm. Curion mitigates risk of marketplace failure by ensuring that only products of quality and character will be introduced to the market, providing repeatable delight to consumers. This is accomplished with world-class people, sensory processes, facilities, and data insights. These insights provide a wealth of information such as: product readiness for launch, consumer purchase decision process, market and demographic opportunity, flavor and texture profiles, competitive landscape and more. Curion was formed with the merger of Q Research Solutions and Tragon Corp.



  • 13 Mar 2019 11:00 AM | Deleted user

    Mazars USA LLP is pleased to announce the results of the 2018 Food & Beverage Industry Study. The survey was conducted to identify and examine current practices and key trends that have the most impact on the Food & Beverage Industry and its business operations.


    Access the full report here 

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