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FT-Jul16

www.foodtechnology.co.nz 7 KIWIS CARE WHERE THEIR FOOD IS MADE, REPORTS MUNCHKIN STUDY NEWS SNIPS A recently-released Global Oils and Fats Market 2015- 2019 report says the edible oils and fats market will reach a market value of around US$170 billion by the end of 2019, with the consumption of olive oil in the US soaring by more than 650 per cent during the past three decades Iconic Kiwi company The Bell Tea & Coffee Company is moving into a new phase of business and has been renamed Brew- Group Original Foods Baking Co has taken out two gold medals in the Baking Industry Association of New Zealand’s Bakery of the Year Awards, with its gluten free Luscious Lemon Cake and Christmas themed Cool Yule Log taking out top honours in their respective categories N E W S A Havelock North company that turns mussels into oils and powder to be used in health products has been sold to two brothers from the United States. Dry Food NZ, which specialises in producing greenshell mussel extracts for nutraceuticals and food products, has been bought by Jeremy and Jackie Moore, who own Stratum Nutrition, and plans are underway to expand the company to improve storage capacity and production. Established by Keith Bowhill, Dry Food NZ has been a member of the Marlborough Research Centre’s food and beverage innovation cluster for the past two years, and Jeremy Moore says it will remain with the group. A sister company will be set up to distribute the company’s products into the United States. Recently, British petfood company Lintbells announced it has set up a research subsidiary in Blenheim to look at the health benefits of greenshell mussels in Marlborough. Former Federated Farmers president Bruce Wills will join Horticulture New Zealand as an independent board director. The Hawke’s Bay hill country farmer was appointed for three years starting this month after an extensive selection process, and joins the board of seven elected grower representatives and one other independent director. HortNZ president Julian Raine says Wills has proven and extensive governance skill, holds various directorships including Ravensdown, and has been appointed to the board of two National Science Challenge projects. “He also brings a good understating of resource management issues, which is a key area of work for HortNZ. And he has the ability to bring together disparate groups into a cohesive force.” Canterbury Biltong has outgrown its current base and announced the purchase of a site at Portlink Industrial Park in Woolston in order to build a new factory and offices after huge growth in the New Zealand and Australian markets and the need to accommodate 11 staff. Kiwi consumers concerned about product safety and levels of additives in consumer goods sourced from overseas are seeking out locally made food in soaring numbers. The Munchkin study, which has investigated the attitudes and habits of Kiwi shoppers, shows that more than two thirds (69 per cent) of Kiwi consumers say country of origin for food products is important to them…with that number jumping to 86 per cent for parents with school-age children. Munchkin regional sales director Gary Hunter says more than half believe products sold on supermarket shelves are not adequately labelled with country of origin details, two-thirds try to buy food or beverages made here, and a fifth only buy food made in New Zealand. Country-of-origin is most important in meat and dairy products, the survey found, then fruit and vegetables, tinned or glass-bottled products and dry packaged goods. Nearly all those surveyed indicate they would rather have dairy products from grass-fed cows. “The one clear message from the research is that Kiwis care where their food is made,” Hunter says. “It provides consumers with an important level of reassurance of quality as well as allowing them to proactively support local suppliers.” NEW CUTS PROFIT DEER FARMERS Venison exporters and Deer Industry NZ (DINZ) are promoting new cuts to chefs to increase returns from the whole deer carcass and to help keep venison on restaurant menus. Venison production to April this year was down 20 per cent on the same period last year, driven by herd rebuilding, with the hind kill down a quarter. DINZ Passion2Profit manager Innes Moffat says the usual spring peak in prices to farmers will this year be the highest it has been in four or five seasons, even if further currency appreciation knocks the top off.


FT-Jul16
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