Milling & Baking News Corporate Profiles - October 2012 - (Page 64)

Food Service Nutrition standards change school meal programs chool food service programs saw nutritional changes in 2012. A Federal Register item on Jan. 26 gave the final rule updates on meal patterns and nutritional standards for the National School Lunch and School Breakfast Programs. Clare Keating, executive director of account management at Preferred Meal Systems, Inc., a school meal provider in Berkeley, Ill., gave her view on how the updates may change what suppliers offer. She spoke March 29 at the Institute of Food Technologists’ Wellness 12 in Rosemont, Ill. Schools generally spend about 11c on grain-based foods per meal for lunch, and opportunity exists for the use of more whole grain items, she said. The U.S. Department of Agriculture said that for this school year and the 2013-14 school year, whole grain-rich products must make up half of all grain products offered exceed spending on food at home for the first time, according to Rabobank. Quick-service gains The quick-service restaurant (Q.S.R.) sector will capture most of the gain in spending on food away from home, according to Rabobank. The fast-casual sector, including Chipotle Mexican Grill and Panera Bread, has become a rising star. Since the 2007-09 recession some chains and restaurant concepts have fared better than others through menu diversification, improving the look and feel of the restaurants, branching out into more eating occasions and improving the quality of the dining experience, according to Rabobank. According to Technomic’s “Fast-Casual Top 150 Chain Restaurant Report,” the top 150 fast-casual chain restaurants grew 8% to $21.5 billion in 2011, which compared with 7% in 2010. “Fast-casual operators continue to outshine every other segment within the U.S. restaurant industry,” said Darren Tristano, executive vice-president of Technomic, a research and consulting firm in Chicago. “Fast-casual restaurants fill the gap between quickservice and casual dining. People want fast, fresh, quality meals at a fair price point. This segment seems to hit that sweet spot right now.” According to other surveys, the entire restaurant business may benefit from becoming more active in social media, appealing to ethnic consumers and taking advantage of high-margin beverage items. S to students. Starting with the 2014-15 school year, schools must offer only whole grain-rich products. Whole grain-rich products must contain at least 51% whole grain, and the product’s remaining grain product must be enriched. The Federal Register listing said schools should offer fruit and vegetables as two separate meal components and offer fruit daily at breakfast and lunch. Vegetables should be offered daily at lunch. Ms. Keating said the rules state elementary school students should receive one half cup of fruit at lunch, and only half of the half cup may come from juice. This arrangement may lead to the elimination of juices from elementary school lunches, she said. Vegetable costs are about 15c per lunch, she said. Since the school meal program divides vegetables into subgroups, potatoes may stay in school lunches, but they no longer may be available for breakfast, Ms. Keating said. In dairy, the Federal Register said schools may offer fluid milk that is fat-free (unflavored and flavored) and low-fat (unflavored only). Ms. Keating said schools may start using yogurt as a cost-effective source of protein since they spend about 38c on protein for each lunch. Soy is another cost-effective source of protein. CP More Facebook followers According to the N.R.A.’s 2012 Restaurant Industry Forecast, nearly 40% of consumers said they likely would use an electronic ordering system and menus on tablet computers at table 64 \ October 2012 Milling & Baking News • Food Business News • Baking & Snack • Meat & Poultry Corporate Profiles

Table of Contents for the Digital Edition of Milling & Baking News Corporate Profiles - October 2012

MBN Corporate Profiles - October 2012
Table of Contents
Editorial - Contrasting stories in key figures
Grain-based Foods - Grain-based foods - Soft category sales span the breadth of grain-based foods segment
Prepared Foods - Frozen meals - Innovation may boost a stagnant category
Soup - Category only lukewarm and looking for innovation
Beverages - Beverages - Categories increasingly blur into one another
Meat and Poultry - Meat and Poultry - Meat and poultry prices will rise in 2013 as the full effects of the drought take hold
Dairy - Ice cream sales rebound, Greek yogurt surges U.S. dairy farmers struggle with high feed prices
Confectionary - Confectionary - Cocoa, sugar prices level off
Food Service - Food service - Fast-casual chains lead the way in slow recovery
Nutrition standards change school meal programs
Company Overview - Aryzta AG - North American baking accounts for nearly half of company’s sales
Company Overview - Grupo Bimbo S.A.B. de C.V. - Sharp focus on successful Sara Lee integration
Company Overview - Campbell Soup Co. - Bolthouse acquisition and focus on growth areas provide direction
Company Overview - The Coca-Cola Co. - New operating structure to involve three businesses
Company Overview - ConAgra Foods, Inc. - Frozen food adjacencies, international development and private label will drive growth
Company Overview - Groupe Danone S.A. - European economy drags, but Greek yogurt surges in United States
Company Overview - Dean Foods Co. - Partial i.p.o. of WhiteWave-Alpro under way
Company Overview - Dunkin’ Brands Group, Inc. - Newly public company makes earnings gains
Company Overview - Flowers Foods, Inc. - Seeking growth, management keeps foot to the pedal
Company Overview - General Mills, Inc. - Restructuring program initiated to focus resources
Company Overview - The Hain Celestial Group - Acquisitions drive growth in international ambient grocery
Company Overview - The H.J. Heinz Co. - Company continues to focus on core brands and global growth
Company Overview - The Hershey Co. - Five-year plan targets on five brands
Company Overview - Hillshire Brands Co. - Growth opportunities for ‘new’ meat business
Company Overview - The Kellogg Co. - Pringles acquisition sets company up to expand globally in snacks
Company Overview - Kraft Foods Inc. - Company looks forward to future post spin-off
Company Overview - Nestle S.A. - Keys remain on emerging markets, nutrition
Company Overview - Panera Bread Co. - Chain puts faith in menu innovation, shared leadership
Company Overview - PepsiCo, Inc. - Advertising investments build up brand names
Company Overview - Ralcorp Holdings, Inc. - Creation of center store private brand business initiated
Company Overview - Smithfield Foods, Inc. - Strategic shift is putting more resources into packaged meats business
Company Overview - J.M. Smucker Co. - New product surge coming in current fiscal year
Company Overview - Snyder’s-Lance, Inc. - Announces plans to bring Snack Factory into the fold
Company Overview - Starbucks Corp. - Coffee chain expands in baked foods, juices
TreeHouse Foods, Inc. - Steadfast in its commitment to private label
Company Overview - Tyson Foods, Inc. - Focusing on accelerating, innovating and cultivating its business
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