2018 | Dure - Part 5

Fishing for Better Genetics

It has been some time since genetically modified organisms (GMO’s) became commercialized around the world. Amongst the most common changes that the world has seen up to now was herbicide and insect resistance of plants. For example, Canadian consumers will soon get access to a genetically modified salmon that can grow to market size in half the time as regular salmon. It also requires less feed.

As one can see from this and the approval thereof by regulatory authorities, genetically modified crops and other GMO food can potentially reduce the input costs of the food industry significantly.

The Future of GMO Food

There are many developments in the area of genetically modified food that the world can expect to be realized in the future. This includes things such as pigs that are resistant to disease, dairy cows without horns, and chickens that are resistant to bird flu. Sheep are also expected to become more productive in terms of wool and mutton production.

All of this sounds interesting, but food producers should not hold their breath as these developments may take years to become a reality – if they ever do. The developments that already saw the light of day, however, are playing an integral part in the production of biotech crops.

Resistance of Pests

Resistance to herbicides and insects is a past development that will continue to be improved and expanded, especially since some organisms of weed are becoming resistant to non-selective systemic herbicides like glyphosate.

The prioritization will, in future, also start to shift from new technologies to improved management practices. This is because, as more insect-resistant crops are being planted, insects themselves are becoming more resistant to developments in technology. Since this battle between pests and technology can’t continue forever, crop management will start to see its own improvements and developments, like planting crops that are not genetically modified next to GM crops.

Obstacles for GMO’s

In the future, the GMO food industry may be facing much more challenges than resistant insects and weeds. Regulatory authorities don’t take these practices lightly and getting them approved can be a headache to role players in the GMO industry.

The introduction of new genes into animals is also an issue that requires consumer acceptance. This means that certain developments in the future of GMO food will not only be limited by technological limitations, but also by social ones.

Changes in Technology

Technologies like genome-editing tools are constantly being improved and it allows for the introduction of new genes into organisms. Not only do these developments allow for more affordable and quicker genetic modification, but it also makes it possible for more and smaller role players to take part in genome editing and genetic modification of organisms.

Conclusion

Predicting GMO’s of the future is not that easy. There are many different factors at play which include the management of risks and the approval of the international community. Government regulations are also a barrier that can inhibit GMO developments. In the long-haul, chances are that GMO foods will bring about significant changes in food production.

What is a Private Label?

A private label is a brand that is owned by the retailer, who has its own contract manufacturer. Many retailers prefer this business model as it gives them the opportunity to differentiate their product in the eyes of the buyer and it is also one of the best ways to build loyalty amongst their customers.

How Does Private Labelling Work?

Private label manufacturers specialize in manufacturing products according to the retailers’ specifications, which can also include adding the branding to the product packaging. In many cases, a lot of the products that different retailers sell is exactly the same, with the only difference being the branding.

A company that primarily sells coffee may source coffee accessories like plungers, drippers, and filters through a private label manufacturer to expand its range of products. These add-on product ranges are exactly the same as the ones that other online retailers may sell, but the coffee company is different in the eyes of its buyer since its primary product, the coffee, is unique, and the add-on products like the plungers are branded.

How to Choose a Private Label Manufacturer

It is important to choose a private label manufacturer that you can build a long-term relationship with and that you can trust. Many people that start private label business make use of platforms like Alibaba to find suppliers. The problem with these suppliers is that they are not usually located in the North America, which can cause them to run into issues with shipping and vetting the manufacturers and the quality of their products.

Before choosing a manufacturer, you have to know exactly what product you want. Do some research by visiting online forums and question-based websites to find private label manufacturers that specialize in your product category.

You can also make use of manufacturers from overseas, but make sure that you order samples and that you only make use of mainstream third-party payment services, to ensure that your money is secure. Buyer-biased payment online transfer services are the best to ensure that you get your money back if a supplier does not perform in terms of your agreement.

After you have made a list of potential private label manufacturers, visit consumer sites to see if you can find reviews and contact them for quotes to see where you can get the lowest input costs.

What is a Licensed Brand?

A licensed or private brand is a product that is exclusively produced for sale by a retailer. The retailer markets and sells the product under its own trademark or brand name. A brand license is an intangible asset that belongs to the retailer as it allows them to sell products at a higher price.

Contact Dure Foods today if you’re interested in developing your own private label brand.

Archive for year: 2018