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Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

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Page 1: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Innovation for the Food & Beverage Industry

2005

NCIFT 2005

A Tool for Developing New Products to Meet Evolving

Needs

Page 2: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

2

Contents

•Part 1:–Who We Are

•Part 2:–The current tools we use to “Bring it all Together”

•Part 3:–The Primary Research We Just Fielded

•The Tool That Has Resulted

•Part 4:–Hot Off the Press: New Products from the 2005 FMI Show

Page 3: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

3

Contents

•Part 1:–Who We Are

•Part 2:–The current tools we use to “Bring it all Together”

•Part 3:–The Primary Research We Just Fielded

•The Tool That Has Resulted

•Part 4:–Hot Off the Press: New Products from the 2005 FMI Show

The country’s largestINDEPENDENT

new product development firmIn the F&B industry

Page 4: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

4

Who We Are: Our Assets

Foster City (N. California)

•65 full-time employees

Development labs:

•20,000 square feet

•2 pilot plants

Consumer Research Facility:

•Focus Groups

•CLT Taste Tests

•Other

Page 5: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

5

Our Services

• Ideation • Concept Development • Product Development • Consumer Insights • Scale Up & Commercialization

• Consumer Guidance Panels •

Page 6: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

6

Packaged Foods --- Foodservice Suppliers --- Restaurant Chains

Page 7: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

7

CULINARY TECHNICAL

CREATIVE

Our Philosophy

Page 8: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

8

Some of Our Commercialized Successes

Page 9: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

9

Contents

•Part 1:–Who We Are

•Part 2:–The current tools we use to “Bring it all Together”

•Part 3:–The Primary Research We Just Fielded

•The Tool That Has Resulted

Page 10: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Consumer Guidance

Panels

Page 11: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

11

Use Feedbackto RecruitConsumersWHILEwe ideate

Page 12: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

12

Consumers Can beLocated AnywhereGeographically

Page 13: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

13

Develop Concepts Traditionally or using ProtoThink®

• The Opportunity

• The Brand Name/Descriptor

• Product Form

• Varieties

• Consumer Prep

• Enabling Ingredients

• Technology

• Packaging

• Positioning

• “Research Ready” Concept Statement, for example:

Page 14: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

14

Test Concepts With Panels While We Develop Protocepts

Page 15: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

15

Revise Protocepts & Refine Concept Using Panel

Page 16: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

16

Mattson-made Protocepts

Make Samples to Ship to Consumers’ Homes

Page 17: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

17

Results -- A focus on speed.

Watch results come in LIVE!

We focus on communicating results quickly, then moving on to developing insights into the next issue.

Page 18: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

18

Contents

•Part 1:–Who We Are

•Part 2:–Our typical methodology to “Bring it all Together”

•Part 3:–The Primary Research We Just Fielded

•The Tool That Has Resulted

Page 19: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

19

The Question: Low fat, Low carb…What’s Next?

• We Asked Consumers

– Using Feedback®, our Consumer Guidance Panel Tool, we:

1. Fielded a study of consumers’ nutrition attitudes for the next 12 months

2. Asked height and weight of all respondents

3. Calculated BMI of respondents

4. Cross-tabulated the responses based on Body Mass Index

• The Big Questions:

– Are the attitudes of the Obese different from those of healthy weight?

– How can we use this information to create successful new products?

Page 20: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

20

A Refresher*

BMI Weight Status

< 18.5 Underweight

18.5-24.9 Normal Weight

25.0-29.9 Overweight

30.0 and + Obese

BMI = __ [Wt in Pounds]-----------

[(Ht in inches) x (Ht in inches)]

*Source: http://www.cdc.gov

x 703

Page 21: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

21

BMI Measures Body Fat

Is is just one measure of health*:

Unfortunately, most Americans look more like this!!

*Source: http://www.cdc.gov

Page 22: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

22

Our Study:

Sent to 10,000+ consumers via email

4678 Consumers responded

Of the 4000+ sample, the following subgroups were tabulated:

Healthy Weight N = 1311 (28%)Obese N = 3155 (67%)

Underweight*N = 212 (5%)This group is NOT included in the following data

Page 23: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

23

Our Study Asked:

Over the course of the next 2 years, do you plan to eat less, the same, or more of each of the following?

Fruits Vegetables

Sweeteners Nuts, legumes

Grains Dairy Products

Oils/fats Proteins

Beverages Snacks

Restaurant Meals by Segment Skipped meals by daypart

Nutritionally-focused foods Methods of food preparation

Nutrients Miscellaneous other categories

Page 24: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

24

TheRESULTS

Page 25: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

25

General Population: Fruits & Veggies

#1 Fruit Consumers Say They Will Eat More of in

next 2 Years:

Apples (40%)

#1 Veg Consumers Say They Will Eat More of in

next 2 Years:

Broccoli! (47%)

Page 26: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

26

Our Findings:

Fruits & Veggies Healthy Wt Obese Healthy Wt Obese

Apples 36% 39% 2% 3%Avocados 20% 16% 11% 16%Mangoes 16% 14% 13% 15%Carrots 39% 40% 3% 3%Lettuce 39% 47% 2% 2%Potatoes 16% 14% 15% 19%Corn 23% 23% 8% 10%Bananas 34% 36% 4% 5%

% Saying Will Eat MORE: % Saying Will Eat LESS:

Insight:

•Avocados are highly polarizing based on weight•Corn & potato products appeal LESS to

American consumers who are overweight

Page 27: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

27

Our Findings:

Superfoods Healthy Wt Obese Healthy Wt Obese

Broccoli 43% 45% 3% 4%Tomatoes 36% 37% 4% 5%Green Soybeans (edamame) 14% 11% 17% 21%Blueberries 30% 28% 5% 8%Spinach & Other Lfy Greens 44% 42% 4% 6%Tomatoes 35% 37% 4% 5%Pomegranates 10% 9% 16% 18%Red or black grapes 25% 25% 4% 6%

% Saying Will Eat MORE: % Saying Will Eat LESS:

Our Perspective on This Finding:

Soybeans = perceived healthy food that hasnot been accepted or embraced by the Obese

Page 28: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

28

General Population: Sweeteners

#1 Consumers Say They Will Eat More of in next 2

Years:

Splenda (25%)

#1 Consumers Say They Will Eat less of in next 2

Years:

Tie:Sugar & Sweet’N’Low

Page 29: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

29

Our Findings:

Sweeteners Healthy Wt Obese Healthy Wt Obese

Sugar 3% 2% 31% 41%Honey 13% 13% 10% 15%Splenda® 23% 27% 20% 19%Equal® 3% 4% 30% 31%Sweet-N-Low® 2% 3% 36% 37%Stevia 4% 5% 16% 16%

% Saying Will Eat MORE: % Saying Will Eat LESS:

Insight:

Splenda = well-positioned for appealing to Obese

Page 30: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

30

General Population: Grains, Beans & Legumes

#1 Consumers Say They Will Eat More of in next 2

Years:

Brown Rice (28%)

#1 Consumers Say They Will Eat less of in next 2

Years:

White Rice (26%)

Page 31: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

31

Our Findings:

Beans,Legumes, Nuts Healthy Wt Obese Healthy Wt Obese

Beans ie black, pinto, baked 27% 26% 7% 9%Peanuts 17% 16% 11% 11%Soy Nuts 13% 11% 18% 22%Walnuts, pecans, almonds 20% 19% 7% 10%Green Soybeans (edamame) 14% 11% 17% 21%

% Saying Will Eat MORE: % Saying Will Eat LESS:

Insight:

Soy Nuts = Again, soy is polarizing

Page 32: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

32

General Population: Dairy

#1 Consumers Say They Will Eat More of in next 2

Years:

Yogurt (30%)

#1 Consumers Say They Will Eat less of in next 2

Years:

Whole Milk (43%)

Page 33: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

33

Some Interesting Findings:

Dairy Healthy Wt Obese Healthy Wt Obese

Cottage Cheese 18% 21% 13% 13%Cream Cheese 7% 7% 16% 18%Ice Cream 8% 6% 24% 30%Reduced Fat Milk 12% 14% 17% 18%Skim Milk 15% 16% 20% 21%Yogurt 29% 30% 9% 10%Whole Milk 5% 4% 37% 45%

% Saying Will Eat MORE: % Saying Will Eat LESS:

Insight:

Opportunity to market Cottage cheese-basedDairy products to the Obese?

Page 34: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

34

General Population: PROTEIN

#1 Consumers Say They Will Eat More of in next 2

Years:

Chicken (35%)

#1 Consumers Say They Will Eat less of in next 2 Years:

Bacon (31%) & Duck (33%)

Page 35: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

35

Our Findings:

Proteins Healthy Wt Obese Healthy Wt Obese

Bacon 5% 4% 27% 31%Beef 9% 9% 15% 17%Duck 3% 3% 31% 34%Chicken 29% 37% 3% 2%Eggs 11% 10% 8% 10%Pork 10% 11% 13% 14%Salmon 24% 25% 13% 15%Tuna 22% 27% 8% 7%

% Saying Will Eat MORE: % Saying Will Eat LESS:

Insight:•Bacon says bye-bye to good ‘ol Low Carb days

•Tuna & Chicken still show potential for “health” positioning

Page 36: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

36

General Population: BEVERAGE

#1 Consumers Say They Will Drink More of in next

2 Years:

Black Tea (12%) Red Wine (12%)

#1 Consumers Say They Will Drink less of in next 2 Years:

Beer (34%) Caffeine (34%)

Page 37: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

37

Some Interesting Findings:

Beverages Healthy Wt Obese Healthy Wt Obese

Beer 4% 3% 31% 35%Black Tea 10% 12% 17% 18%Green Tea 27% 29% 12% 14%White Wine 7% 6% 21% 26%Red Wine 13% 11% 19% 25%Herbal Tea 18% 19% 15% 17%Spirits 4% 3% 26% 31%

% Saying Will Eat MORE: % Saying Will Eat LESS:

In general, Obese plan to drink less of MOST beverages.

Insight: perhaps beverage is not the way todeliver nutrients, meal replacement?

Page 38: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

38

General Population: NUTRIENTS

#1 Consumers Say They Will Consume More of in

next 2 Years:

Fiber (43%)

#1 Consumers Say They Will Consume less of in next 2

Years:

Migraine Relief (13%)

Page 39: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

39

Some Interesting Findings:

Nutrients Healthy Wt Obese Healthy Wt Obese

Antioxidants 36% 36% 3% 2%Beta-carotene 26% 27% 2% 2%Bran/fiber 39% 42% 2% 2%Calcium 45% 39% 5% 2%Chondroitin 9% 11% 3% 3%Echinacea 11% 11% 6% 7%Fiber Supplements 15% 17% 8% 9%Glucosamine 12% 13% 6% 7%Grapeseed 8% 7% 8% 9%Iron 21% 18% 4% 4%Joint Pain Relief 13% 19% 8% 9%Migraine Relief 7% 8% 11% 14%Mood support 9% 10% 11% 11%Multiple Vitamins 27% 27% 3% 2%Omega 3 Fish Oil 20% 21% 7% 6%Omega 6 Fish Oil 15% 17% 8% 7%Vitamin C 25% 26% 1% 2%Vitamin D 19% 21% 1% 2%Vitamin E 20% 21% 2% 4%

% Saying Will Eat MORE: % Saying Will Eat LESS:

Opportunity : Joint Relief/Prevention for the Obese?

Page 40: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

40

Ingredients Most Strongly Polarized by Weight Category

• Avocados: Healthy + Obese -

• Lettuce: Obese +

• Green Soybeans (edamame): Healthy + Obese -

• Soy Nuts: Obese -

Page 41: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

41

How Consistent are Americans’ Eating Habits?

• We asked consumers:

–In the past 12 months, have you…

% Saying "Yes" Healthy Wt Obese

Changed Your Eating Habits? 44% 62%

Cut Anything Out of Your Diet? 26% 39%

Most surprising to us…large % saying they cut out soda/cola.

Page 42: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

42

How Do Consumers Classify Themselves?

• We asked consumers:

–Which statement best describes you for the next 12 months:

Healthy Wt Obese

I am not on a particular diet but try to eat healthy foods 67% 60%

I am not on a particular diet, and eat pretty much what I want 25% 17%

I am not on a particular diet, but plan to go on one very soon 2% 9%

I am on a diet 6% 15%

Only 15% of the Obese classify themselves as “on a diet”!!

For those on a diet…

Page 43: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

43

We asked consumers:What diet are you following?

We asked consumers:

What diet are you following? Healthy Wt Obese

Low carb diet: Atkins 14% 15%

Low carb diet: South Beach 13% 11%

Jenny Craig 0% 1%

Weight Watchers 18% 19%

Dr. Dean Ornish 0% 0%

The Zone Diet 0% 1%

Lowfat diet 8% 12%

Low sugar diet 10% 12%

Other formal diet 39% 30%

Majority follow a non-formal diet.

Page 44: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

44

How Consistent are Americans’ Eating Habits?

• Do you ever cheat on your diet ?

• What’s your favorite diet “cheating food” ?

–The classic “cheating foods”: Chocolate, Ice Cream, Chips

–The “cheating food” of the 00s: Bread!

We asked consumers:

Do you ever cheat on your diet? Healthy Wt Obese

Yes 84% 84%No 16% 16%

Page 45: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

45

The Question: Low fat, Low carb…What’s Next?

• So, We Asked Consumers This Same Question!!

Last year, LOW CARBOHYDRATE was the big diet and nutrition news. What best describes YOUR diet in the next year?

Healthy Wt Obese

I will eat smaller portions 9% 16%

I will eat healthier foods 20% 20%

I will eat fewer calories 5% 6%

I will eat fewer carbohydrates 3% 7%

I will eat more fiber 2% 2%

I will eat more fruits and vegetables 10% 9%

I will eat more whole grains 1% 1%

I will eat less unhealthy food 4% 5%

I will eat more natural food 2% 1%

I will eat less fatty food 2% 2%

I will eat less pre-packaged food 1% 1%

I will eat less fast food 2% 2%

I will eat basically the same stuff IÕve been eating 24% 12%

I will eat basically the same but I will exercise more 12% 13%

Other change: 2% 3%

Page 46: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

46

The Question: Low fat, Low carb…What’s Next?

• Back to The Big Questions:

• Are the attitudes of the Obese different from those of healthy weight?

– Conclusion: YES, but in specific and unpredictable ways

• How can we use this information to create successful new products?

– Create a tool for our clients to gain similar insights as we did on this study.

Page 47: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

47

The Result: A new, Standing Feedback® Consumer Guidance Panel

* As determined by Body Mass Index, calculated from self-reported height and weight.

500 Obese Consumers*

500 NormalWeight

Consumers*&

Page 48: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

48

500 Obese Consumers*

500 NormalWeight

Consumers*

* As determined by Body Mass Index, calculated from self-reported height and weight.

&

Test concepts: Compare Results of Both Panels

Test protocepts: Compare Results of Both Panels

Page 49: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

49

Why is Feedback Thick & Thin the right Tool for the Food Industry?

•CDC says:–In the United States, obesity has risen at an epidemic rate during the past 20 years.

–One of the national health objectives for the year 2010 is to reduce the prevalence of obesity among adults to less than 15%.

–Research indicates that the situation is worsening rather than improving.

•Mattson says:–If you are not doing something to address this issue now, you are not planning properly for the future.

–If you’re not thinking about the problem, you are probably part of it.

Page 50: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

50

Summary: Our Brands

• Mattson

–Concept Development

–Protocept Development

–F&B-focused Marketing Research

–Scale Up and Commercialization Support

• Feedback®

–Feedback® Consumer Guidance Panels

–Feedback® Thick & Thin

Page 51: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

51

Contents

•Part 1:–Who We Are

•Part 2:–The current tools we use to “Bring it all Together”

•Part 3:–The Primary Research We Just Fielded

•The Tool That Has Resulted

•Part 4:–Hot Off the Press: New Products from the 2005 FMI Show

Page 52: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

52

The Trend: Everything Chips!!

• What’s driving it:

–Snacking/blurring of mealtimes

–Need for convenience/portability

• Examples:

–Ritz Chips

–Oberto’s new Beef Jerky Crisps

–Pretzel Crisps

Page 53: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

53

The Trend: Soup is Hot!• What:

–Proliferation of soup introductions from shelf to cooler to freezer

• Who?

–Campbell’s Selects - aseptic

–Moosewood - refrigerated

–The Soup Man - refrigerated

• Why?

–Low-calorie and filling

–No action in category for years and years

Page 54: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

Mattson

Innovation for the F&B Industry

May, 2005

54

Flavor Trends:

• Berries, but especially Cherry!

–Cherrish Cherry Juice

–Izze Black Cherry Soda

–Nutrisoda Black Cherry-Apple Soda

–Think Organic Cherry Nut Bars

• Pomegranate Continues

–Pom Pomegranate Juice

–Izze Sparkling Pomegranate

–Litehouse Pomegranate & Blueberry Vinaigrette

Page 55: Innovation for the Food & Beverage Industry 2005 NCIFT 2005 A Tool for Developing New Products to Meet Evolving Needs

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Innovation for the F&B Industry

May, 2005

55

Just Plain Great New Products!

• McCormick Veggie Steamers

–Steaming bag + Seasonings

–Just add fresh or frozen veggies

• Simply Asia from Thai Kitchen

–Ready-to-Microwave Asian Noodle Bowls

• Alexia Artisan Breads

–Super-premium frozen breads:

• Ciabatta, 3 Cheese, Whole Grain, French Rolls

–Sold IQF (single portions) in multiserve bag