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Foodservice market overview

Sunday, 30 November 2014 | Posted in Foodservice by Erin Hart

The size of the foodservice industry, and share of the industry as a percentage of the total food-spend varies widely across different regions around the world.

According to Mintel, with modest growth and estimated sales of $438 billion in 2013, the foodservice industry is shaping up for a healthy 2014 and projects U.S. restaurant sales to rise 5.9% in 2014. 

The highest growth potential for foodservice is expected in the Asia-Pacific region, driven by altering lifestyles and growth indisposable incomes.

 

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Access the summary and full report via pma.com

 

Find out more

Access additional resources on foodervice in Australia and New Zealand via the PMA A-NZ Information Centre, and around the globe on pma.com

When food & funding collides: Making the most of tax incentives & gov. grants to fund innovation

Friday, 28 November 2014 | Posted in Innovation by Erin Hart

Many businesses are unaware of their eligibility to receive tax benefits through the Research and Development (R&D) Incentives scheme and Government Grants. At the PMA A-NZ members event on 19th November, KPMG's David Gelb told how businesses with a group turnover of less than $20 million can access a 45% tax offset (cash refund) for eligible R&D activities undertaken during the period 1 July 2013 to 30 June 2014. Where group turnover is greater than $20 million a net benefit of 10 cents/dollar of eligible R&D spend is available.

Gelb also spoke about determining eligibility for the incentive, by considering the following questions:

  • Have I spent money developing a new or improved product?
  • Are there projects that failed for technical reasons?
  • Is the company extending the capabilities of an existing process or application beyond its intended use?
  • Are new or existing technologies developed to deliver services in new ways?
  • Is the company trying to integrate equipment or technology that was not meant to work together?
  • Are there projects duplicating the effect of an existing process in a new or improved manner?
  • Is there an award of a patent for the product, process or information?

 

Access the presentation

David Gelb's presentation is now available for download here.

 

Find out more

Access our additional resources on innovation via the PMA A-NZ Information Centre.

Additional information on KPMG's R&D, grants and incentives services is available here.

Retaining your best employees

Friday, 28 November 2014 | Posted in Industry Talent by Erin Hart

When you find employees who are off the charts with talent and drive, you've got to find a way to keep them -- and keep them happy. A consistent employee base that enjoys longevity within an organisation is the key to cost effectiveness, customer satisfaction, increased sales, better productivity and even a competitive advantage. So don't let the good ones get away; this Fresh Summit education session provides insight into creative ways to keep them engaged, happy and productive. 

Access the presentation

The recording of this Fresh Summit session is available via pma.com

Consumers' purchase decision process

Thursday, 27 November 2014 | Posted in Industry/Consumer Trends by Erin Hart

Research highlighted on pma.com shows the attributes that are most important to U.S. consumers when deciding to purchase fresh produce. Unsruprisingly, good value for money and good quality are at the top of the listThe research also identifies what motivates U.S. consumers when shopping.  

 

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Sign in to pma.com to access the full report. 

 

Find out more

Access additional consumer trend resources via the PMA A-NZ Information Centre.

The state of private label around the world

Thursday, 27 November 2014 | Posted in Industry/Consumer Trends by Erin Hart

Long gone are the days of no-frills packaging intended only for those on a tight budget—private labels, also known as store brands, are no longer viewed simply as low-cost alternatives to name brands. Today, perceptions about private label are overwhelmingly favorable—almost three-quarters of global respondents say private-label quality has improved over time.This Nielsen report takes a look at the state of private label around the world.

Access the report

This Nielsen-owned report is available via the Nielsen website.

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