MarketWatch: Food - May 2007

DATAMONITOR VIEW 1
CATALYST 1
SUMMARY 1
INDUSTRY UPDATE 3
News in brief 3
NEW PRODUCTS REVIEW 6
Manufacturers digest the health issue 6
Soup: top flavors in new products 9
New food launches December-February: fish catches the bait 10
Product claims: new food launches, Dec-Feb 11
Chocolate candies: top launches by corporation 12
FEATURE ANALYSIS 13
Bernard Matthews: turkey gets 'bootiful' healthy makeover 13
Red meat: cancer link revealed 14
Ahold: disappointing US figures, much work ahead 15
INDUSTRY COMMENT 16
Wrigley: has the bubble burst? 16
Wimm Bill Dann: profits continue to flow 17
Morrison: sound performance in competitive market 17
Asda: exploring Sainsbury takeover 18
Iceland: well deserved reward for Walker and team 19
Coles: takeover speculation continues 20
Sainsbury: bid talks collapse 20
NEWS 22
Headlines 22
Delhaize Group oversees management changes 22
India's ITC Food linked with Patak's - report 22
Overhill Farms announces $7 million expansion plan 22
Weston demands payment following Domtar reorganization 22
Heinz HQ on the move 22
Heinz complaint against Numico's baby formula supported by regulator 22
ADM acquires Ukrainian sunseed crushing facility 22
AIPC broadens product offering 22
NutraCea, Azelis sign distribution agreement 23
Indian government reappraises food retail plans 23
Lindt & Sprungli posts record 2006 results 23
Sara Lee to cut management jobs in its international unit 23
Frutarom posts strong FY, Q4 results 23
Altria reveals share distribution ratio for Kraft spin-off 23
Hershey expands healthier product portfolio 23
Aviko to invest in Chinese potato plant 23
Wal-Mart highlights expansion plans for Canada 23
Synergy Flavors to acquire Brazilian company 23
Paul McCartney signs to Starbucks record label 24
MGP Ingredients denies link to pet food recall 24
ConAgra Foods reports positive Q3 result 24
Tate & Lyle to build GBP3 million facility in France 24
Martek signs license, supply agreement with Murray Goulburn 24
Saputo pays C$12 million for Welsh cheese maker 24
Sainsbury's pension trustees confirm GBP3 billion deficit 24
Ceva Newsfast wins logistics contract with John West Foods 24
Asda linked to Sainsbury's sale - report 24
Premier Snack to distribute Stella D'oro products in NYC 24
Kroger adds to board of directors 25
Nestle opens new milk factory in Pakistan 25
Burton's Foods sold to Duke Street Capital 25
Ralcorp completes Bloomfield Bakers acquisition 25
Chiquita pleads guilty to paying terrorists 25
P&G awarded $19.25 million in Amway lawsuit 25
Planet Organic acquires Mrs Green's 25
Kraft to work with DHL unit in Brazil 25
Tyson to sell two poultry plants 25
Northern Foods FY profit in line with expectations 25
Frutarom acquires UK flavors company Belmay 25
Tate & Lyle forms JV with Italian sugar producer 26
Saskpool gets anti-trust clearance for Agricore takeover bid 26
Saputo to close Canadian cookie plant 26
Burger King to expand in Egypt 26
Del Monte recalls pet food 26
Hain Celestial unveils gluten free product initiative 26
Tesco defends monopoly claims 26
Investors come running as Cadbury announces split - report 26
Carrefour holders receive backing for board seats 26
Dairy Crest says FY trading in line with expectations 26
Uniq posts losses for 9-month period 27
Arla to use Martek oils in infant formula 27
Unilever to close Bulgaria plant, move to Romania 27
Morrisons to sell Halal chocolates 27
Cadbury pulls gum ad following complaints 27
Starbucks, AmRest sign preliminary agreement 27
Nestle recalls KitKat chocolate bars 27
Finsbury upbeat on H1 results 27
ConAgra hit with lawsuits in Florida 27
Hershey to buy 51% of Indian firm Godrej - report 27
Boots withdraws diabetic chocolate over nut allergy fears 27
JM Smucker to buy Eagle Family Foods for $248 million 28
Bernard Matthews will not be prosecuted over bird flu outbreak 28
Nascent opens distribution center in Mexicali 28
Tesco defends monopoly claims 28
Terry Green to stay at Tesco 28
Barry Callebaut posts 11% rise in H1 profit 28
Arla Foods, Russian distributor form JV 28
Arla acquires full ownership of UK subsidiary 28
La Tasca bidding war heats up 28
Unilever India to sell Sangam to Wadhawan Food Retail 28
Tate & Lyle files US lawsuit over Splenda patent 29
Tootie Pie begins trading on the OTC Bulletin Board 29
McDonald's to allow workers to join Chinese union 29
Wahaha claims Danone is attempting takeover 29
Swift reports Q3 loss 29
Carrefour's acquisition of Ahold unit referred to anti-trust authorities 29
Unilever moves Chinese production base to Hefei 29
PepsiCo's QTG names new presidents 29
Waitrose recalls jelly mini eggs 29
US milk prices reach record highs in 2007 29
PepsiCo wins court case to re-start Indian operations 30
Greggs launches GBP3 million UK ad campaign 30
Greggs to build GBP16 million bakery 30
J&J Snack Foods acquires CoolBrands assets 30
Saputo completes Land O'Lakes acquisition 30
Tryton recalls Aunt Bessie's potatoes 30
Tesco to pay farmers more for milk 30
Samskip acquires 50% of Canadian coldstore operator 30
Starbucks to build new US roasting plant 30
GoMacro launches gluten-free macrobiotic energy bars 30
Hain Celestial appoints Broadridge VP to board 30
Blackstone and Texas Pacific withdraw from Sainsbury bid 31
Cranberry Foods cuts 400 jobs at UK turkey plant 31
Novartis sells baby food unit to Nestle 31
Asda recalls Crusha milkshakes 31
Tesco to expand in Thailand - report 31
Synutra begins listing on Nasdaq Global Market 31
Schiff Nutrition Q3 profit remains flat 31
Krispy Kreme losses narrow in Q4 31
Sical sells palm oil business 31
Cott shows interest in Cadbury's beverage arm 31
Greggs to build GBP16 million bakery 32
Same-store sales up 4% at Wal-Mart 32
COMPANY SPOTLIGHT: HERSHEY 33
Hershey: hoping to taste success in India 33
Business Background 34
SWOT Analysis 36
Strengths 36
Weaknesses 37
Opportunities 38
Threats 39
APPENDIX 41
Further Reading 41
Index 42
About MarketWatches 43
Editors 43
List of Tables
Table 1: Most used flavors in new global soup launches, March 2006 - February 2007 9
Table 2: Top ten leading global food launches by category, December 2006 - February 2007, plus growth compared to the same timescale the year before 10
Table 3: Leading worldwide chocolate candy launches by corporation, March 2006 - February 2007 12
Table 4: Key Facts 35
Table 5: SWOT Analysis 36
List of Figures
Figure 1: Hello Beauty Oligo Collagen Marshmallow - Grapefruit; Fresh Yogurt 7
Figure 2: California Delights Almond Caramel Chews - Dipped in Pomegranate Yogurt, Pistachio Caramel Chews - Dipped in Pomegranate; Dipped in Raspberry Yogurt 7
Figure 3: Matisse & Jack's TrailBlaze Bake-at-Home Oatmeal Energy Bars Mix 7
Figure 4: Dr. Oetker Slatki Trenutak Kremasti Puding 8
Figure 5: Migros Glarner Schabzier 8
Figure 6: Buitoni Fresh Rolled Dough 8
Figure 7: Product claims: new food launches, Dec-Jan 11