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CONSIDER EXPORTING TODAY
with
Food Export USA Northeast
Food Export USA Northeast was in New York City, the food capital of the world, tasting and sampling the finest new food products and learning about the future food trends of the world!
The 55th Summer Fancy Food Show in New York City this year hosted 2,300 exhibitors from 81 countries exhibiting their specialty food and beverage products, attracting 24,000 buyers, retailers and distributors from around the world!
Featured Exhibiting Countries:
China, Vietnam, Korea, South Africa, Jordan, Serbia, Lebanon, Caribbean, Africa, China, Poland, Belgium, Tunisia, Srilanka, United Kingdom , Argentina, Mexico, Peru, Brazil, Morocco, Germany, Turkey, France, Thailand, Chile, Spain, Egypt, India, Greece, Austria, Cyprus, Italy, Canada
Featured New Hampshire Companies: The 55 Summer Fancy Food Show in this year hosted 2,300 exhibitors from 81 countries exhibiting their specialty food and beverage products, attracting 24,000 buyers, retailers and distributors from around the world!
Food speaks for itself, even when you do not fully understand the language and culture of another country; human beings have the ability to connect with one another through the expression of gastronomy. For centuries, food has had the ability to bring people together and create movements from year to year accommodating food to people’s social lifestyles.
The theme of this year’s Fancy Food Show was “health conscious” related and “good for you” foods! Popular food sectors included organic, vegetarian, fitness and energy bars, kosher and gluten free foods. Popular food ingredients included teas, “Greek-style” yogurts, olive oil, rice, honey, cocoa, herbs and spices, hummus, tapenades and not from concentrate juices. Also, with people becoming more concerned about what they eat; more food companies are packaging their items into individual, snack size portions and promoting alternative, but healthy convenient food options in which are pre-packaged and ready to eat or pre-made to cook and eat.
This past year, consumers have been more drawn to the specialty foods and ethnic foods industry; especially with the downturn in the U.S. economy; people are eating out less and finding creative solutions to nostalgically maintain the restaurant environment within their own home. The specialty food industry recorded $60 billion in sales in 2008; accounting for a total of 15.9% of all retail food sales. This shows that more consumers are buying higher end food items and wines and taking more interest in learning how to cook exotic foods entrees.
This move towards specialty foods is becoming of popular demand among conglomerate retailers and wholesalers now manufacturing private label, organic and all-natural packaged food products. As a result, shelf space availability is decreasing, cutting down the amount of food categories by each company which as a result also decreases product development among larger food manufacturers. According to the National Association for the Specialty Food Trade estimates specialty foods by 2015 will accumulate approximately 25% of all food sales.
The Top Ten Specialty Food Categories: (Mintel International)
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Cheese & Cheese Alternatives $3.41 billion
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Condiments $2.43 billion
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Entrees, Pizza & Convenience Foods $1.70 billion
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Meats, Poultry & Seafood $1.54 billion
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Chips, Pretzels & Snacks $1.39 billion
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Frozen Desserts $1.34 billion
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Bread & Baked Goods $1.10 billion
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Refrigerated Juices & Functional Beverages $1.06 billion
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Coffee, Coffee Substitutes & Cocoa $1.01 billion
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Shelf-Stable Sauces, Salsas & Dips $870 billion
Collection Of Social Security Number to be eliminated for AES reporting
Collection of the Social Security Number for identification purposes in the automated export system will be eliminated. The Foreign Trade Regulations will provide for the use of the Employer Identification Number or Dunn and Bradstreet Number. The rule will become effective September 4, 2009. There will be a 60-day comment period, with an implementation date of December 3, 2009. To read the rule in its entirety, please click here.
Medical Equipment Sectors initiate or expand their market presence in Saudi Arabia by making business-to-business meetings, providing market access information, and introducing participants to the business environment in Riyadh & Damman. For more info, please see our flyer and application. For more information, please contact Dawn Wivell or Karen Wyman at (603) 334-6074.
New Cargo Screening Effective February 2009
A new screening requirement was dictated by the events of 9/11 and the 9/11 Commission Act of 2007, which mandated that by February 2009, 50% of all cargo will be screened when placed aboard air craft that carries 80% passengers. Most non lethal cargo travels on passenger planes and prior to this act was not generally screened for banned or potentially dangerous goods which left passenger planes vulnerable. This will end with 100% screening by 2010. The airlines intend on passing the costs associated with such security screening efforts on to the consumer, which will happen through the freight forwarder. Expect new security fees and some delays for freight.
New Requirement for Carnet Shipments
Effective January 26, 2009 any Carnet shipment (whether bearing a US or foreign number) and entering the U.S. via vessel will be required to complete an Importer Security Filing. This requirement only applies to those goods entering via ship. Moreover, the ISF must be submitted to U.S. Customs and Border Protection (CBP) 24 hours prior to the cargo being loaded onto a U.S. bound vessel. For more information, click here.
CBP Publishes AES Penalty Guidelines
On January 2, 2009, the U.S. Customs and Border Protection (CBP) published guidelines for the imposition and mitigation of civil penalties for failure to comply with foreign trade regulations (FTR). The document provides assessment and mitigation guidelines for violations of the FTR published by the Census Bureau on June 2, 2008. The FTR requires mandatory filing of export information through the Automated Export System (AES) or AESDirect for all shipments where export information is required.
Paula Newton to chair the nascent New England Biotech Association
Paula Newton, ITRC's Market Research Specialist and President of the New Hampshire Biomedical Council, has been named Chairman of the Board of Directors of the newly formed New England Biotech Association (NEBA). NEBA is an umbrella biotech organization comprised of state biotech associations, companies and academic institutions with the aim of supporting and growing the biotech industry in the New England region. With 600 members from the six New England states, NEBA's mission is to educate policy makers, the media and the public about the biotech industry, promote public policies that foster innovation, encourage economic development in the biotech sector and advocate continued patient access to breakthrough medicines. In addition to her recent nomination as NEBA's first Chairperson, Paula was also recognized with a citation from Governor Lynch this past June for her work in creating opportunities for companies within the biotechnology industry in New Hampshire.
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