edible oils conference Oilseeds - industry info Wraking the cake FDA move What'sNewS Issue 9 September 1998 Peter Greenberg welcoming guests In terms of European resistance to the use of GMOs and products deriving from them, the consensus in Rio was that basically this is a luxury problem. Most speakers put resistance to GMOs down to fear of the unknown and Diego Barhero even suggested that it is an indicator of imminent segmentation in the global edible oils market. 'There will be boutique products for those consumers who can afford to pay a premium,' he argued, 'but the bulk industry will remain for the poor fellows kwho simply need to eat.' Jan "de Rooij of Unilever was also focusing on his company's use of modern biotech in food products. 'In the past,' he said, 'chemically based additives, such as preservatives, were inputs to benefit the end product and thus the consumer. Today, consumers Diego Barbero, crossing borders are looking for natural inputs, but with the same effectiveness as before. We are trying to develop raw materials which are both natural but contain the favourable attributes of chemically built additives. They say you can't have your cake and eat it - at Unilever we're trying to do just that.' The edible oils industry was once exclusively commodity-oriented. Now, however, it appears to be shifting increasingly towards a more diversified product range. Traditionally, the edible oils industry covers oilseeds, vegetable and animal oils. Oilseeds are crushed to produce oils and meals. Of the top 10 oilseeds, the most important are soybeans, sunflowerseeds, rapeseeds and cottonseed, with soybeans as the most significant. Vegetable oils are further produced from the oil palm, olives and maize. Currently, animal oils, including butter, lard, tallow, grease and fish oil, account for some 20 percent of all edible oil use, but their share has been declining steadily - there were no representatives of, for example the dairy industry at the Rio conference. In addition to oils, oilseeds - and especially the soybean - also generate meals which are attractive ingredients for the compound feed industry. It is this dual product and The transfatty acid (TFAs) issue also re-emerged in Rio. TFAs hit the media around three years ago when extensive research suggested that they presented a potentially greater threat to health than saturated fats. However, after the initial media hype, the issue faded into near obscurity. This will probably change in the near future as consumer concern will be triggered by the fact that the US Food and Drug Administration will be imposing a labelling change on products containing unsaturated fats treated through a hydrogenation production that makes this industry so complex - and it will become even more so as biotechnology changes the very structure of the sector. Worldwide consumption of edible oils is increasing with an annual growth rate of between 3 and 4 percent. The two major oils, soybean oil and palm oil, have been increasing their share in total consumption for the past 15 years; this in contrast to forecasts only a few years ago that palm oil would quickly overtake soybean oil. Consumption itself of all types of edible oils is influenced by a number of factors. Growth in population and income both impact directly, but with significant regional differences. In the near-term, most growth will occur in Asia, where per capita consumption is still relatively low - and this inspite of the current crisis. Increases can also be expected in Europe and the Americas, largely as a result of economie growth and changes in consumer behaviour. process. As the name suggests, hydrogenation involves adding hydrogen to these fats to make them easier to process. The reason for concern is that hydrogenation transforms unsaturated fats into harmful TFAs.This is good news for producers of palm oil which requires no hydrogenation for

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blad 'What's news' (EN) | 1998 | | pagina 7