Close×

As consumer interest grows in fibre, manufacturers have stepped in to fill the demand with increased launch activity, according to Innova Market Insights.

In the US 44 per cent of respondents say they are increasing their consumption of fibre, compared to 33 per cent in the UK.

The renewed interest in fibre goes beyond its digestive health benefits, with newly discovered health benefits, such as sports nutrition, driving new fibre applications.

The average annual growth of new sports nutrition launches tracked with a fibre claim global between 2013 to 2017 had a CAGR of more than 55 per cent.

US consumers’ reasons to consume fibre include 64 per cent for digestive management, 24 per cent for weight management and 16 per cent for energy.

Fibre claims are also expanding into new categories such Coke Fiber +, and fibre yoghurt, according to Innova.

Packaging News

Global metal packaging manufacturer Jamestrong opened a new $15 million, future-proofed, can making facility in Auckland, New Zealand last night, catering to the burgeoning infant formula market. PKN was there.

Full year results for packaging giant Orora have with underlying net profit after tax (NPAT) up 4 per cent to $217m, earnings before interest and tax (EBIT) 3.7 per cent higher to $335.2m and earnings per share (EPS) up 3.7 per cent to 18 cents per share.

Pact Group has cited the drought, weaker demand from the agri and food & beverage sectors, and higher raw material and energy costs as contributing to the FY19 loss.