Premium Essay

Food Industry Analysis

Submitted By
Words 998
Pages 4
The food industry has throughout history been subject to government regulations at national and local levels, which aim to protect the public health and safety of food, regulate trade unions and prevent mislabeling with regard to formulation and content. Governmental organizations have controlled product entry, the way food has been marketed to consumers and the manufacturing practices of food. The most enduring problem in the food industry has been the case of adulteration, which refers to the cheapening of products by adding impure and substandard ingredients. This has posed a threat of unsafe food in the market and a health risk to consumers. Regulations have therefore been necessary to protect consumers from low quality and harmful products. …show more content…
These organizations have acted rapidly to update and modernize their legislation by defining international standards and recommending the adoption of international code of conduct to govern the food industry. At the same time governments have enforced global legislation by strengthening national food laws and regulations such as food inspections, requirements of labeling and certification of products of animal and plant origin (WHO, 2015). National enforcements have also required food manufacturers to ensure the safety and quality of products that include modifications derived from biotechnology. Traceability of food products has also been necessary to provide identification and control in order to reduce the spread of diseases. Labor and human rights issues in the food industry have received much attention, as several corporations have been exposed of having poor labor conditions relative to health and safety. As a result international labor standards have arisen from programs such as the U.N Global Compact. The World Banks identification of the food industry´s problems related to worker rights has ensured protection of workers and set basic labor provisions that regulates employment terms and conditions, wages and hours. National enforcements have also been significant in controlling worker registration, legal rights and disclosure in the overall …show more content…
The company is committed to delivering the highest quality brands to consumers and long-term value to its investors. EABL works closely with suppliers to ensure highest quality raw materials and to prevent breaches of food safety regulation by their product. The company certifies that labeling the percentage of alcohol by volume as well as including responsibility message and age warning is included in their production process. Through their membership in UN Global Compact the company is also committed to respecting and protecting human rights and strives to ensure a workforce that is free from forced and child labor (EABL, A, 2016). A safe and supportive working environment is a main priority at EABL as they company focuses on assisting their employees and releasing their potential through training courses to develop particular skills (EABL, B, 2015). Whole Food Markets (WFM) is an American company specializing in natural and organic food. Their core value of business is to sell the highest quality natural and organic products available. WFM has voluntarily engaged in helping setting national standards for labeling organic food and is committed to organic farming without synthetic fertilizers and pesticides, thus reducing the chemical contamination entering the food chain. WFM focus on creating a safe and energetic workplace has earned the company a reputation of being a great place

Similar Documents

Premium Essay

Fast Food Industry Analysis

...Bargaining Power of Suppliers | | 1. Supplier concentration | According to Tim Roache of the DPI Agribusiness Group, over 50% of the country’s land mass is classified as agricultural land. Agricultural production is undertaken by small landholders who either lease or own their lands or companies with vast agricultural estates. Due to rapid population growth and escalating commodity prices, increasing food self-sufficiency is a major concern. Similarly, food produced from large agricultural estates results in the Philippines being a major producer of sugar, rice, corn, tropical fruits, poultry, and pork. Manufacturing and agriculture comprise more than half (65%) of the country’s economy, and the agrifood sector employs over one-third of the population. Calata corporation (one of the biggest agricultural conglomerates, 2.7 billion) | 2. Availability of substitute inputs | The Philippines’ food processing sector is the most dominant manufacturing sector in the country. It accounts for 40% of total manufacturing output, contributes 20% of GDP per annum and is growing at 8-10% per annum. The sector comprises of fruits and vegetables, meat and poultry, flour, dairy products, fish and marine products, and the like. This sector is heavily reliant on both domestically produced and imported agrifood products. Recent economic liberalizations by the government has resulted in a trading system that’s relatively open and has some of the lowest applied tariffs in the region. (membership...

Words: 2214 - Pages: 9

Premium Essay

Cat Fight in Pet Food Industry Ralston Purina

...CAT FIGHT PET FOOD INDUSTRY Ralston Purina Presented By : Victor M Datta Roll No. : 08 FMS XVIth Evening Batch Guide : Dr. Jadeja Contents Scenario of Pet Food Industry in United States Ralston Purina ( NESTLE – PURINA ) PESTLE Analysis Customer Analysis Market Analysis Internal Analysis SWOT Analysis Strategy Formulation Strategy Implementation Scenario of Pet Food Industry in United States According to the 2011 – 2012 APPA National Pet Owners Survey, 62% of U.S. households own a pet, which equates to 72.9 millions homes In 1988, the first year the survey was conducted, 56% of U.S. households owned a pet as compared to 62% in 2008 Total Number of Pets Owned in the U.S. (millions) Bird                                16.2 Cat                               86.4 Dog                            78.2 Reptile                          3.0 Small Animal              16.0 Ralston Purina ( NESTLE – PURINA ) • Started as feed business in 1894 • Along with pet food, also in business of cattle feed, bakery product, batteries and cereals • USA’s largest pet food manufacturer with market share of 28% • World’s largest producer of dry dog and dry cat and semi moist cat food • Pet food division was the largest profit centre • It was 25% by sales and 45% by company’s profit Ralston Purina ( NESTLE – PURINA ) • In dog dry food, it had leading brands like Dog Chow and Puppy Chow • Industry leader in price determination • 9 plants across USA • Distribution is done through...

Words: 1201 - Pages: 5

Premium Essay

Mcdonald's Macro Environment

...Macro environment/Remote Environment Analysis A firm’s macro or remote environment consists of the factors that originate beyond and usually irrespective of a single firm’s operating situation and consists of economic, social, political, technological, and ecological factors (Pearce and Robinson, p87). McDonald’s, a global leader in the fast food industry, remote environment contains many of these factors. Economic Factors: Markets require purchasing power as well as people. The available purchasing power in an economy depends on current income, prices, savings, debt, and credit availability (Kotler, 2000). Changes in income and changes in consumer spending patterns can affect the industry. McDonald’s and other global competitors also face different scale of tax and revenue measurement in different countries. International currency fluctuations especially in global food distribution are also a factor. Social Factors: Current customers are much more health conscious than previous generations and thus are switching to healthier and greener food like salads. In addition, customers are trying to associate themselves with good organizations that they feel are concerned for the environment. Fast food shops are now trying to improve their brand image by portraying their concerns for the environment. Political Factors: Even in stable countries with no political unrest, political trends may have a significant impact on business (Jain, 2004).  Different governments may focus on separate...

Words: 788 - Pages: 4

Premium Essay

Gemini Food Annual Report Analysis and Valuation

...1. Introduction 2 2. Target Company, Peer Company and The Industry 2 2.1 Target Company – Gemini Sea Food LTD 2 2.2 Peer Company – RD Food Bangladesh Limited 2 2.3 The Industry – Food Industry 3 2.4 Type of Business 3 3. Reformulated Balance Sheet and Income Statement 5 4. Analysis of Profitability and Growth 8 4.1 Analysis of Profitability 8 4.1.1 First level decomposition of ROCE 9 4.1.2 Second level decomposition of ROCE 10 4.1.3 Third level decomposition of ROCE 10 5. Analysis of Growth 9 6. Conclusion 10 1. Introduction The report intends to do financial statement analysis, financial projection and valuation of Gemini Sea Food LTD as a requirement of the course. To compare financials results and analysis tools Rangpur Diary & Food Products Limited is used as peer firm. Seven listed companies under Food industry are selected. Financial information of these seven companies will be used as a proxy for industry. 2. Target Company, Peer Company and the Industry 2.1 Target Company – Gemini Sea Food LTD Established in the year 1982 Gemini has supplied highest quality seafood products to customers worldwide. Since the inception Gemini people have believed in “Hygienic Product Healthy Trade” and made it a part of their core values at work. Quality, Delivery Security, Social Responsibility and Respect to Nature are the corner stone’s of Gemini’s Business, which has made Gemini the most admired seafood processing companies in Bangladesh. The plant...

Words: 1680 - Pages: 7

Premium Essay

Term Paper

...a PESTEL analysis, to examine the general external business environment and the specific industry factors that may affect the business. The results of this essay can then be used as the background for a SWOT analysis to highlight the specific strengths and weaknesses of the McDonald’s business model and its potential future opportunities and threat, which should help to determine the best strategic direction for McDonald’s to take in the coming years. PESTEL Analysis A PESTEL analysis examines the external business environment facing a firm in 6 main areas; Political factor, Economic factors, Sociological factors, Technological factors, Environmental factors and Legal factors. Though a single organisation is normally unable to directly affect the external factors facing it, a conglomeration of companies can exert some pressure on these factors, particularly any political factors through the intelligent use of political lobbying. Proper understanding of these factors allows the organisation to highlight areas of business opportunity when combined with proper understanding of the business’ strengths, and also potential threats to the business when combined with a proper understanding of the firm’s weaknesses (Baines et al, 2011). Thus, for effective strategic planning, analysis of the external factors is the most important step before performing an analysis of the business’ intrinsic strengths and weaknesses through a SWOT analysis. Political The fast food industry is often...

Words: 2998 - Pages: 12

Premium Essay

English

...report is providing insight about Engro foods and olpers milk. Engro Foods which has captured 51% market share in the 4th quarter of 2012 is the giant foods service provider in the food and beverages industry of Pakistan. Engro food is the subsidiary of Engro Corporation Ltd. started his operations in 2006. Engro foods are competing with giant companies currently in the food industry and the growth rate indicates that engro foods are big threat for these companies. Over 5 million people in Pakistan are using engro foods products, and over 50 million people start their day with Olpers Milk. Engro foods have two milk processing plant located in Sukkar, and Sahiwal. Engro have one dairy farm in sukkar named NARA dairy farm, which is producing 25,285 liters per day, and a total herd size of 3,444 animals of which 1,707 is part of the milk cycle. Engro foods have over 350 distributors across the country which is covering 12 regions. Olpers have three distribution centers in Islamabad, Sukkar, and Sahiwal. Engro foods have consumer centric marketing strategy for their brands which made engro a giant in the food and beverage industry. In this report we have covered the SWOT analysis of engro foods which has focused on the Stength, Weaknesses, Threats, and Opportunity of the company. The report has four chapters first chapter is brief introduction of the engro foods and olpers milk, the second chapter is shading light on the data and analysis been conducted, and the third chapter include...

Words: 322 - Pages: 2

Free Essay

Cargills Report

...Analysis Of Jaykay Marketing Services Marketing Essay The supermarket industry in Sri Lanka is set out for an explosive growth in the recent years this is with the western lifestyle of modern Sri Lankans where convenience is a key benefit sought after.(Perera 2006) The traditional grocery store concept has been evolving in to a ‘’Mega Stores’’ and the heavy discounter concept which carry all the goods shoppers want (Stanton 2007). If we look at the drivers for the evolution of modern supply chains, or ‘’Modern Trade’’ they have been persistent in increase demand for value added consumer products, convenience food, beverage, and frozen confectioneries. ‘’The emergence of supermarkets, urbanization, income increase, high quality retail export markets, high quality bulk procurement, trade agreements, with other countries, increased migration of Sri Lankan citizens and increased female participation in labor force have created a new demand pattern, shifting the focus towards continuous supply of high quality, value added products with improved processing, packaging and labeling’’ (Samarthuga A 2006 15). Sri Lanka is an agriculture base country primarily it has 2 million hectares or 30% agricultural land, and almost 75% of the agricultural land is under small holdings and the balance is under estates. Sri Lanka Imports 65000 MT of diary commodities mainly FCMP and diary therefore seen and instrument to replace, and about 70% of the contribution to the livestock subsector comes from...

Words: 4225 - Pages: 17

Free Essay

Kudler Fine Foods Product Liability Analysis

...Kudler Fine Foods Product Liability Analysis This analysis document will focus on legal issues concerning product liability as it relates to the food industry. Kudler’s Fine Foods (KFF) virtual organization will be used as the focal point of this analysis. KFF stores have establishments at three different locations in San Diego, California. The business model focuses on providing the finest gourmet organic-based food business. It always strives to satisfy their clientele by bringing new products based on weekly product sales in comparison to other competitors at affordable prices. KFF’s legal strategy consists on relying on one tax lawyer. This lawyer is a relative of the owner. The owner has instructed store managers to only report any issues concerning a slip and fall. Besides a slip and fall, the store managers will determine if any other incidents should be brought up to the attention of the owner. Then the owner will decide if these issues merit being elevated to the company’s attorney or for the owner to resolve them (Kudler Virtual Organization, 2008). The majority of KFF business is based on providing organic and non-organic food products to their clients, the company should be concerned about implications on how a case of product liability could affect the business. What is product liability and how it relates to the food industry According to The Free Dictionary by Farlex (2010) product liability is defined as, “The responsibility of a manufacturer or vendor of...

Words: 1008 - Pages: 5

Premium Essay

Miss

...cscanada.org Food Quality Attributes among Malaysia’s Fast Food Customer Mohd Rizaimy Shaharudin1 Suhardi Wan Mansor2 Shamsul Jamel Elias3 Abstract: This paper examines the attributes which influence customers’ decisions to purchase fast food products in Malaysia. Despite vague definition of the ‘quality’ term by each individual, this study takes a step in determining the customer’s significant quality attributes towards the overall food quality dimensions. The findings of the study indicated that generally Malaysian consumers place relatively high level of importance on food freshness, followed by presentation and taste of the food. However, less importance is being placed on innovative food that indirectly could have minimal effect in the customers’ behavioral intention towards fast food products. Customers are seen more interested in the output’ (which is the end product) rather than ‘input’ (which is raw materials used in producing the foods) of food. Hence, this study is expected to contribute to the existing knowledge on the dimension of consumer purchase intention to the industry players, as well as academicians. Future research should focus on the similar study with the extended scope to other fast food restaurants in Malaysia. By doing this, hopefully we can get a clearer picture on the existing as well as explore new variables which can further contribute to the topic of the study. Key words: Freshness; Presentation; Taste; Innovative Food; Fast Food Restaurant ...

Words: 3439 - Pages: 14

Premium Essay

Swot

...SWOT Analysis BUS/211 December 22, 2014 Jamie L. Welch SWOT Analysis In any business, there are factors that you have to examine to decide how effective a business will be. Among these factors are strengths, weaknesses, opportunities and threats. Each of these must be fully examined to determine whether or not the business is able to survive. In the business plan for “Mike’s Trucking Service”, there is evidence of all of these factors. Strengths When looking at the strengths in Mike Smith’s business plan, the first one that is noticeable is simply his motivation. He does not aspire to be a decent trucking company. Mike wants to be one of the largest trucking companies in the United States. Another significant strength is the found in the customers he looks to serve. Mike’s will serve four different market segments – the food industry, the computer industry, the retail industry, and an “other” segment to help catch the rest of the customers. Mike Smith’s experience as a 15 year industry veteran will also be a strength to his business. His extensive knowledge will allow him to better understand the industry and what is needed. Weaknesses Any business that is just starting out is going to be at its weakest point. That being said, Mike’s Trucking Service’s main weakness is their focus on the food industry. While the industry is currently stable and therefore favorable, any slowdown in the food production could end up in the business taking a turn for the worst. Luckily, Mike...

Words: 759 - Pages: 4

Premium Essay

Pfl Industry Analysis

...Patties Foods Ltd Analysis Start by understanding the external environment discussed in the text—the factors that affect both the growth and profitability, and the level of competition in the industry (refer to Module 2). How would you define the industry to be analysed? Is it global? Is the organisation Australian or based overseas? Can you make any inferences about the industry value chain from the Text? What industry key product and services segments are mentioned? Are you able to identify the stage of the industry life cycle from the facts given? Patties Foods Ltd is in the frozen food industry. It is an Australian organisation. Industry segments: frozen savoury – meat pies, sausage rolls, cheese and spinach rolls, pasties, quiches dessert – fruit pies, waffles, crumbles, crepes fruit products – frozen whole fruits, processed fruit products retailers – in-home foodservice outlets – out-of-home exports – less than 1%, US and Asia Frozen food sales increased during the recession as most consumers chose eating at home over dining outside due to reduced household budgets. In addition, most consumers feel frozen foods help in cutting expenses as wastage is less and trips to the supermarket are reduced. Frozen foods are also easy to prepare. The frozen food industry is best described as being in the maturity and moving into shake-out. Characteristics of maturity: Characteristics of shake-out: PFL has grown through acquisition and became a mojor supplier...

Words: 274 - Pages: 2

Free Essay

Fresh Direct Case Study

...ASSIGNMENT: Please read the Fresh Direct (C 19) case analysis carefully and produce a case analysis report following the instructions that are given in the Case Analysis report document in Doc Sharing. COMPANY NAME/WEBSITE/ INDUSTRY Fresh Direct/Freshdirect.com/Food and Grocery BACKGROUND/HISTORY Cofounder and former chief executive officer Joseph Fedele was able to bring a wealth of experience in New York City’s food industry to FreshDirect. FreshDirect offers online grocery shopping and delivery service to more than 300 zip codes in Manhattan, Queens, Brooklyn, Nassau County, Riverdale, Westchester, select areas of Staten Island, New Jersey, and parts of Connecticut. Fresh Direct is a company that allows you to order your food online and get next day delivery, their moto is “Our Food is fresh, our customers are spoiled….. Order on the web today and get next-day delivery of the best food at the best price, exactly the way you want it with 100% satisfaction guaranteed.” The primary business is to allow customers to order their food online and avoid going to a grocery store they can buy anything they want online and you can have it delivered to you house. Key players would be the people who launched the business in 2001 Joseph Fedele and Jason Ackerman. Many companies have fallen online with the grocery service and they boldly stated they were the “greatest way to shop for food” this again was a bold statement in many of these chains have fallen. Company launched in...

Words: 1182 - Pages: 5

Premium Essay

Bingo Research

...presence of well established competitors such as Pepsi Co. What I have tried to understand in this research is the satisfaction level and the preference of consumers towards Bingo chips introduced by ITC. I even intend to study the most popular flavor of Bingo chips in the market amongst the sample chosen. Wafer and Snack industry are a very minor part of the food processing industry as the snack sector is largely unorganized. For this a survey was conducted in GREATER NOIDA where respondents were asked to fill a questionnaire The data was collected and analyzed to obtain conclusions This report carries an introduction of the company profile, detail of the methodology followed detailed data analysis and the results so obtained with the variety of graphs along with given. Table of contents S.No | TOPICS | 1. | Acknowledgement | 2. | Overview about the snack industry | 3. | SWOT analysis of snack industry | 4. | Company Profile | 5. | Strategies followed by ITC | 6. | Literature Review | 7. | Research Objectives | 8. | Research Design and Methodology | 9. | Data collection | 10. | Data analysis method | 11. | Analysis and Interpretation | 12. | Findings and Conclusion | 13. | Bibliography | Acknowledgement Every study requires a guidance of someone who is working in that field. Firstly I would...

Words: 3366 - Pages: 14

Premium Essay

Responding Quickly to Consumer Demands

...RESPONDING QUICKLY TO CONSUMER DEMANDS May 7, 2009 Ms. ANKARA Dear Ms. This report has written in order to determine how Turkish Food companies can respond rapidly to the consumer demand and to recommend efficient and effective ways of communicating this adaptation to key stakeholders of the 5 companies including TAT Konserve, Ersu Gıda, Migros, Penguen Gıda and Tukaş. As you will see, our report analyses the relevant 5 companies that we have mentioned above from different aspects and examine the existing methods of getting goods to the end consumer. We also recommended some solutions to increase the rapidity. We are confident that this report will help to these studied companies in necessary structural changes in order to supply quickly demanded goods by consumers when they want and where they want. We appreciate having this assignment and hope that this report will help your organization about being rapid. If you have any problems in interpreting this report or in implementing our recommendations please do not hesitate to contact with us. Sincerely yours, Trainee Analysts of Bilkent Consulting Company Table of Contents Part ...

Words: 11952 - Pages: 48

Free Essay

Docx

..........4 Vision Of Fresh Direct.......................................................................................4 Mission Of Fresh Direct....................................................................................4 Goals/Objectives...............................................................................................5 External Analysis of Fresh Direct..................................................................5 Marco Enviroment.............................................................................................5 Industry Analysis...............................................................................................7 Industry Life Cycle............................................................................................7 Competitors.......................................................................................................7 Critical Success Factor.....................................................................................8 Opportunities & Threats....................................................................................9 Internal Analysis...........................................................................................10 Strengths & Weaknesses................................................................................10 Critical Success Factor...................................................................................11 Strategic Options...............................

Words: 5301 - Pages: 22