Inbev have reported strong third quarter results with revenues up
11 per cent to €3.54bn, led by strong sales in Central and Eastern
Europe and Latin America.
Marks and Spencer's said yesterday it has increased its slice of
the UK's food market to four per cent from 3.8 per cent by taking
advantage of booming health trends.
Cereal and dairy snack innovations that respond to lifestyle
changes will be key to the future profitability of these sectors,
according to Leatherhead Food International.
Climate change will directly affect future food availability and
make feeding the world's rapidly growing population extremely
difficult, said the FAO.
A new two-year pilot scheme requiring food establishments to post
hygiene information on their doors was launched this week in a bid
to drive up standards.
Associated British Foods (ABF) yesterday blamed a 21 per cent drop
in operating profit on European sugar industry reform and
significantly higher energy costs.
Associated British Foods (ABF) yesterday blamed a 21 per cent drop
in operating profit on European sugar industry reform and
significantly higher energy costs.
In the food and nutrition world, science is king. So when journals
do not force scientists to fully disclose financial support and
potential conflicts of interest, they are not helping anyone.
National Starch Food Innovation is to raise food ingredient prices
in the US across its entire product portfolio, with corn-based
ingredients set to see the highest hikes.
Citric acid leader Jungbunzlauer has jumped on the price hike
bandwagon, announcing last week that it is to up the stake on
citric acid, GdL and xantham gum in all markets where it operates
Sainsbury's are introducing ten new products to its successful SO
organic fruit and nut range, taking full advantage of consumer
trends towards organic produce.
The suspended WTO farm talks featured in the organisation's
agriculture committee's meeting yesterday, with members' failure to
supply up-to-date information a source of frustration.
Food manufacturer Unilever has reported a 20 per cent decrease in
third quarter pre-tax profit of 1.12bn, despite bucking the trend
in the European market.
British supermarkets are reacting to mounting fears over trans fats
in foods, pledging to remove them from own branded products by the
end of the year.
The world needs an independent trade watchdog to properly regulate
the international food supply chain if we as a society are to truly
create a more sustainable and ethical food market.
Novozymes has reported 'highly satisfactory' results for the first
nine months of 2006, enabling the enzyme giant to adjust the
outlook for earnings upwards.
CIAA president Jean Martin, elected for a third term of office by
the confederation's board of directors, used last week's Congress
to call for better regulation of the food industry.
Danisco has extended its bakery enzyme range with a new amylase
enzyme that slows down the staling of industrial bakery products,
and extending the shelf life of bread.
The food and beverage industry must switch from "cheaper oils,
starches and sugars" to a healthier and more nutritional focus,
said the International Obesity Task Force, after startling new
estimates were released about...
Ingredients giant Tate & Lyle is considering the sale of its
Food & Industrial Ingredients, Europe (TALFIIE) division, in a
move designed to sharpen its focus on value added ingredients, the
firm announced yesterday.
Asda announced yesterday that its store in Canford Heath Dorset is
set to be the first supermarket to recycle, reuse or compost all of
its waste rather than send it to landfill.
Supermarket Sainsbury's is aiming to work directly with dairy
farmers in a newly formed development group to increase
transparency in the food chain, with a move backed by the National
Farmers Union (NFU).
International Flavours and Fragrances (IFF) is to separate its
business into two different units in a bid to better reflect its
flavour and fragrance operations.
Ethical codes of labour practice along the food supply chain have
had positive impacts on issues such as health and safety, but more
could be achieved, says a major new report.
Tesco-Global stores has announced that it will create more than 700
new jobs in Hungary as part of an expansion in the food retail
market, despite what it describes as a difficult market.