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Put Yourself In A Commanding Position To Lead The Functional Foods Market

Posted on: Monday, 20 November 2006, 09:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c45627) has announced the addition of "OzScientific® Weekly Digest :Market Intelligence and Innovations in Functional foods, Nutraceuticals & Bioactive Ingredients" to their offering.

Through research and analysis of over 500 resources each week, the OzScientific® Weekly Digest puts you in a commanding position to lead the functional foods market. We analyse company media releases, web searches, RSS feeds, market research websites, and other functional food sources including company web sites and financial reports. We also compile market size and trends data for further analysis of functional food markets.

Functional foods category refers to those foods and ingredients that provide health benefits beyond the basic nutrition. Aging population and increased incidences of lifestyle-related, chronic diseases and conditions such as obesity are the main driving factors for the growth and development of functional foods. In 2005, world Health Organisation (WHO) estimated that of the 50 million premature deaths worldwide, most were due to lifestyle-related diseases such as cardiovascular disease (CVD), cancer and diabetes. WHO estimates that in next 10 years world economies will loose trillions of dollars in curing these diseases. China alone will forego over US$550 billion due to its inability to control these diseases. As functional foods offer potential for prevention of major chronic diseases, there are growing opportunities for innovations in this category. In fact, we believe that the present US$75 billion functional foods category will grow 3 to 4 times faster than the average food category for several years and will be gradually recognised as a distinct category of the food business that will have a strong impact on future growth of food companies. A comprehensive knowledge of the developments in functional food markets, will be crucial for the growth of food companies.

The Digest is divided into the following sections:

-Business & market intelligence: This section monitors business and strategic decisions made by established and dominant companies and help clients align own strategies with the changing market landscape

-Consumer intelligence & trends: Due to increased awareness of health benefits of food and food components and increased marketing by food companies, consumer knowledge and behaviour is constantly changing. Gathering consumer intelligence inevitably is a priority if you are focusing on new product development. This section summarises weekly activity on consumer trends.

-Innovations, new products and patents: Capturing intellectual property and monitoring new product launches can significantly enhance company's ability to capture a segment of functional food markets. This section compiles new product activities and patent applications related to functional foods

-Regulations, labelling & related news: Due to the consumer safety reasons most regulations are still on the cautious side, however, food regulations are being constantly altered or updated to reflect the political and consumer group influences and recognising health benefits. Keeping tab on the changing food regulations and meeting the requirements for labelling and health claims are vital for the success of functional foods. This section monitors major announcements and changes related to regulations and labelling.

-Nutritional research & related news: Due to the complex nature of human body metabolism, nutritional studies can lead to often-conflicting outcomes. Evidence based functional foods are more likely to become successful part of long-term diet rather that dying in a heap of fads that are also part of functional food trends. The Digest updates the nutritional research and related news in this section.

In addition, the OzScientific® Weekly Digest provides a comprehensive overview of food industry activities from Australia & New Zealand and links to major conferences related to functional foods

Testimonials

"This is a brilliant summary. I am delighted to receive this. Thank you."

-CEO, US Nutraceuticals Company

"Thanks for these Weekly Digests. They must take a long time to put together but they are top value, the best of the Functional Food Updates that I get. I really appreciate them"

-Innovations Manager, Australian Federal Govt Food Innovations

Topics Covered:

-This week's Index

-Business & Market Intelligence

-Consumer Intelligence & Trends

-Recent Market Research Reports

-Innovations, New Products & Patents

-Regulations, Labelling & Related News

-Nutrition Research & Related News

-Reviews, Opinions and Full-text Publications

-Australia & New Zealand Food Industry News

-Conferences & Meetings Worldwide

-About Oz Scientific Ltd

-Disclaimer

-Subscription conditions

-Acknowledging Subscribers

-Subscription form

Companies Mentioned:

-ABB Grain

-APS Food & Nutrition

-Australian Food & Grocery Council

-Burcon NutraScience

-Comvitta New Zealand

-General Mills

-GRDC

-National Foods Limited

-Numico

-Parmalat

-Petrofin International

-Sanitarium

-Springleaf

-Tetraoak

-Unilever

-USDEC

-WCBF

-Yoplait

-Danone

-GTC Nutrition

-Nuture Inc

-Avestha Gengraine Technologies

-Marks & Spencer

-Sunopta Inca

-Safeway

-Arla Foods

-Dean Foods

-Saint Hubert

-Cargill

-Limagrain

-Tesco

-Hersey's

-Kellogs

-Kraft Foods

-Diageo

-Attune Foods

For more information visit http://www.researchandmarkets.com/reports/c45627

Source: Business Wire

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