‘Nimble’ SMEs: The innovators of industry
SMEs are not bound by corporate structure and are therefore flexible to respond to market changes quickly and innovate accordingly with many eyeing the premium, niche segment, according to industry expert.
SMEs are not bound by corporate structure and are therefore flexible to respond to market changes quickly and innovate accordingly with many eyeing the premium, niche segment, according to industry expert.
Dairy Crest has announced the loss of its Tesco milk contract but says this bears no relation to new plans to close two dairies, as it cuts costs to sustain profitability in an 'extremely challenging' liquid milk market.
Danone has hinted that Kraft’s withdrawal from the booming Greek yogurt category in the US is proof of how hard it is to penetrate the sector within a refrigerated yogurt market Mintel estimates was worth almost six billion dollars in 2011.
X-ray systems are increasingly replacing metal detection equipment as food manufacturers respond to growing regulatory and consumer demands for safer products, said Terry Woolford of Eagle Product Inspection.