Consumer Foods to Go

Maria Castroviejo, Tom Bailey, and Cyrille Filott wrap up the month in food. They discuss a range of topics, including taxes in the UK, private label in the US, restaurants across the globe, and RaboResearch's agricultural commodities outlook. We expect to see some interesting moves in a few sectors, including coffee and cocoa. In the made-to-order section, the team discusses questions from the audience. If you have a question you would like to be discussed on the next edition of the show, feel free to reach out to Cyrille.Filott@Rabobank.com. Disclaimer: Please refer to our global RaboResearch disclaimer at https://www.rabobank.com/knowledge/disclaimer/011417027/disclaimer for information about the scope and limitations of the material published on the podcast.

Consumer Foods-to-Go is back! Join Maria Castroviejo, Tom Bailey, and Cyrille Filott as they wrap up the month in food through both a podcast and a video. In this episode, they dive into the latest developments in the food sector, including key takeaways from their recent visit to Anuga – one of the world's largest food trade shows. They also discuss newly published RaboResearch reports, with insights on poultry and eggs. To round things off, they answer audience questions, including one on the impact of GLP-1 medications on European food consumption. Disclaimer: Please refer to our global RaboResearch disclaimer at https://www.rabobank.com/knowledge/disclaimer/011417027/disclaimer for information about the scope and limitations of the material published on the podcast.

Once a year, RaboResearch takes the Consumer Foods to Go podcast off-piste. Last week, instead of recording from behind our desks, we once again picked up our microphones and visited the Private Label Manufacturers Association’s (PLMA) World of Private Label trade show in Amsterdam. Given the tremendous run that private label market share has had in recent years, the million-dollar questions is: What’s next? Could the widened price gap between name brands and their private label counterparts provide opportunities for private label? We have asked five exhibitors their opinion. And – of course – we got five different answers. Please read our disclaimer here: https://www.rabobank.com/knowledge/disclaimer/011410028/disclaimer

Like every year, RaboResearch visited Natural Products Expo West, one of the largest food trade shows in the US. In this episode of Consumer Foods to Go, analysts Tom Bailey, Nick Fereday, and JP Frossard share their observations of this year’s edition. In their view, with more “real food” and products with shorter ingredient lists, the 2025 Expo West trade show lived up to its “Natural Products” name more than previous editions. Of course, there was much more. Consumer favorites such as protein, convenience, and global flavors were also well represented.

On February 13, RFK Jr was confirmed as the US Health and Human Services secretary in the Trump administration. That same day, some of his plans were unveiled, all aligning with the "Make America Healthy Again" (MAHA) initiative. While some of RFK Jr's ideas are considered controversial, this is a good opportunity to evaluate the policies at face value and assess their potential impacts. To this end, hosts Maria Castroviejo and Cyrille Filott interviewed their colleague and US resident Nick Fereday once again. His message: We don’t know yet, but…

Years ago, we released podcasts exploring the fascinating changes and developments in China's food retail sector, particularly in the online space, often referred to as "new retail." However, the growth of online food retailing in China is now slowing, and offline models are making a strong comeback. It's time to update the Consumer Foods-to-Go audience on these rapid changes. To provide insights, Maria Castroviejo and Cyrille Filott interviewed fellow RaboResearch analyst Rena Ma.

Energy prices are crucial for food businesses. In the previous episode of Consumer Foods to Go, we discussed the outlook for agri-commodities in 2025. However, energy prices are equally important for food processors. In this episode, Maria Castroviejo and Cyrille Filott interview their RaboResearch colleagues Florence Schmit and Joe DeLaura about the outlook for natural gas and crude oil prices. Interestingly, these prices are unlikely to move in the same direction.

As 2024 came to a close, Rabobank released its annual agri commodity markets outlook for 2025. In line with tradition, the Consumer Foods-to-Go podcast highlights the key points of the report and their implications for food companies. In this episode, Maria Castroviejo and Cyrille Filott interview Carlos Mera, Head of Agri Commodities Markets Research, to discuss his predictions for 2025. Key commodities to watch include palm oil, coffee, and cocoa!

Over the past 12 months, Ozempic and similar drugs have been hailed in the news as miracle solutions for rapid weight loss with minimal side effects. Weight loss often happens because of the changes in food and beverage consumption that these drugs trigger. In this episode of Consumer Foods to Go, Maria Castroviejo and Cyrille Filott discuss the impact of GLP-1 drugs on the food sector with podcast regular Nick Fereday. There is an impact, but much remains unknown.

Private label now has close to 20% market share in US food retail. This is much lower than the share in the UK and other European markets, where private label commands 40% or more. However, private label growth in the US is accelerating. Consumers are demanding affordable products, partly because of the cost-of-living crisis. Growth is not constrained by demand, though. The quality of supply is the constraint. What we notice is that the quality of private label products is improving because retailers are more actively look for consistent, good supply. Sebastiaan Schreijen and Cyrille Filott question Tom Bailey and very special guest Arjan Both on the topic of private label growth in the US in this episode of Consumer Foods to Go.

Now might just be the time for food manufacturers to think about robots again. Constraints on the labor force are unlikely to go away soon, and help is needed on the factory floor. Also, robots are improving in terms of size, price, and flexibility. In this episode of Consumer Foods to Go, Maria Castroviejo and Cyrille Filott speak with Sebastiaan Schreijen to discuss the findings of his survey on the potential adoption of robots in food processing. Are we on the brink of a revolution?

Half a decade ago, everyone in food was all over startups – young, exciting companies set to disrupt the food market. A lot has happened since, of course, including Covid and the inflation spike. Startups felt the impact of both, and there has been a bit of a funding crisis to boot. Still, a lot of startups are trying to bring new ideas to the food market. In this podcast, Maria Castroviejo and Cyrille Filott interview Rabobank’s Foodbytes team to discuss the trends in food startups. Foodbytes is a platform where more than 2,000 food and agribusiness startups have provided information, including pitch decks, on their business. Unsurprisingly, a common theme among startups right now is AI. Listen to the podcast to learn more.

Once again, RaboResearch visited the Private Label Manufacturers Association's (PLMA) World of Private Label trade show in Amsterdam. This year, we interviewed visitors and exhibitors on the topic of innovation. Innovation is high on the agenda for anyone active in packaged foods. Brands have lost market share to private label, so they need to come up with new products to lure the consumer back. However, private label companies are responding by introducing new products as well. In this podcast, we hear from industry players on innovation in private label and how its done.

Professors David Raubenheimer and Stephen Simpson argue in their book, Eat Like the Animals, that over the course of recent decades the share of calories from protein in people's diets has declined (especially in the US). RaboResearch's Nick Fereday covered the topic in a recent report that generated quite some feedback. Therefore, we invited the professors to explain their hypothesis in greater detail. The resulting podcast is a truly fascinating listen. Everything you wanted to know about protein is explained; also, the so-what of the thesis for food companies is addressed.

Once again, RaboResearch visited Natural Products Expo West, one the largest food trade shows in the world with more than 3,500 exhibitors and more than 70,000 visitors. Tom Bailey, Nick Fereday, and Cyrille Filott together with Maria Castroviejo discuss their findings, including how the consumer is being enticed by new types of marketing, some nice packaging innovations, and new food products. All believed that the show – while still carrying a lot of hype products – was more realistic in terms of the products on offer. The main focus now is on selling a product, instead of showing how disruptive it is.

Sustainability is firmly on the food and agribusiness agenda. Companies in the sector are now moving from making a sustainability strategy to measuring and making changes in many aspects of the food system, but before making improvements, one has to establish a base. To discuss the challenges and opportunities, the team invited Hans de Gier, CEO of IT company SyncForce, to bring his perspective on measuring sustainability and data issues. One thing he is quite adamant about is that current measurements may not always be correct. A lot of improvements need to happen, and collaboration between actors in the chain might be the way forward.

Every year the Consumer Foods-to-Go podcast provides an outlook for agri commodity prices, and this year is no different. Maria Castroviejo and Cyrille Filott interview Carlos Mera, Rabobank’s Head of Agri Commodity Markets Research, to discuss the outlook for key crops in 2024. Overall, the outlook is for slightly lower prices, but not for all commodities. Tune in as they discuss the main drivers, such as energy prices, highlight key commodities, and drop a small bombshell that's sure to be of interest!

Ultraprocessed foods are everywhere in the news. Some scientists are claiming that processed foods are bad for people’s health and that ultraprocessed foods are especially bad. It's time, therefore, for Maria Castroviejo and Cyrille Filott to dig deeper in the topic with the help of Rabobank Senior Analyst Nick Fereday. In this episode we explain ultraprocessed foods and discuss what heightened attention on these foods means for food companies. Obviously there is one question we cannot answer: Will the consumer care?

Soon EU regulation regarding packaging and packaging waste will become law. While we are likely to see amendments to the legislation, we believe it is good to start talking about the proposed regulation and its impact on food companies. We are not talking not only about more recycling, but also about the use of recycled content, for example in drink bottles. Maria Castroviejo and Cyrille Filott quizzed RaboResearch analyst Regina Mestre on all the new targets that may become law, and what they mean for companies downstream in the food value chain.

Innovation is a constant in food retail. For this episode of Consumer Foods-to-Go, Maria Castroviejo and Cyrille Filott interview Sipke van der Werf, head of innovation at SPAR in the Netherlands. What is new in innovation in retail? What is a company like SPAR thinking about right now and with a five-year horizon? Obviously, growth and cost control are important, but sustainability also plays are very important role in the innovation strategy of SPAR.