Exports of chilli and chilli products from India have not been
affected by the discovery of banned red colours in European
processed foods, claims an upbeat Indian Ministry of Commerce and
Industry.
Fall in milk price paid to farmers brings gains in first half for
Arla Foods, the owner of Arla Food Ingredients, but the
co-operative warns the full year remains 'uncertain'.
UK private equity firm 3i will shed food ingredients business Braes
Group to Spanish biotech firm Natraceutical in a €80 million deal
announced last week, reports Lindsey Partos.
The health ingredients unit of Irish dairy firm Glanbia has taken a
further step to diversify away from milk-based products, adding an
oat beta-glucan to its ingredients range through a new distribution
deal, reports Dominique Patton.
German firm AB Enzymes has launched a new enzyme preparation which
claims to extend the shelf life of baked goods and significantly
reduce manufacturers' production costs, reports Lorraine
Heller.
Consumers watching their waistlines continue to drive low fat
formulations: ice cream giant Haagen-Dazs launches its first
'light' ice cream version of its classic brand.
Chr Hansen is already on the look out for new acquisitions as the
firm enjoys a fresh financial thrust from its new private equity
owners, PAI partners, reports Lindsey Partos.
Price rises for soy-related ingredients are still under pressure as
drought, high production costs and a strong real all impact soybean
production for Brazil's 2004-05 crop, writes Lindsey Partos.
There will be fewer young adults around for alcoholic drink firms
to target over the next five years but those that are will drink
more and be more demanding, with women the driving force,
reports Chris Mercer.
UK spice industry throws opens its doors as the authorities detect
increasing numbers of food products contaminated with the
potentially harmful Para Red colour,reports Lindsey Partos.
Anheuser Busch has won the right to sell 'Bud' beer in Austria in
its latest court tussle with Czech brewer Budejovicky Budvar, as
firms looking to protect Geographic Indicators a forced to raise
their game, reports Chris...
Dairy Crest, one of the UK's leading dairy processors, has
confirmed that it is in "advanced discussions" to acquire
one of the UK's largest regional dairy co-operatives, Tom
Armitage reports.
In the same week that the world's number one ice cream maker
announces the roll out of health and wellness ice cream to fuel
growth, Israeli flavours firm Frutarom launches its functional ice
cream product range.
Opportunities are flourishing for flavour suppliers targeting
health-positioned drinks as number one soft drinks firm Coca-Cola
says it will push R&D investment in health positioned products.
Ending months of speculation, the food ingredients arm of Chr
Hansen has a new owner: not a fellow industry player but food
acquisitive private equity firm PAI partners, reports Lindsey
Partos.
Young Russian snacks maker Sibirsky Bereg appears to have captured
consumers' imagination with an array of experimental flavours and
products, overtaking PepsiCo's Lay's brand in market share and
growing by up to 50...
Food enzymes contribute a quarter of sales revenue to the overall
enzyme business in the first quarter, says Danish firm Novozymes,
marking a one per cent rise in contribution on the previous year,
writes Lindsey Partos.
Moves to reform the European sugar regime will accelerate after the
EU loses its appeal against a World Trade Organisation decision
that its handouts to sugar farmers are illegal, reports Lindsey
Partos.
Bunge said last week that its first-quarter profit shot up 40
percent on the back of increased soybean yields, provoking the
company to raise its outlook for the year, writes Philippa
Nuttall.
Dutch bakery ingredients firm CSM continues to focus on core
business, clearing the sale of its sugar confectionery unit Malaco
Leaf to investment companies Nordic Capital and CVC Capital
Partners.
A bid by Asda for retail rival Somerfield would mark an important
new strategy for Britain's number two supermarket, with competition
authorities by no means certain to stand in the way of a deal,
reports Chris Mercer.
Sales and operating profit improve "considerably" in the first
quarter for the food unit of Dutch chemicals and life sciences
group DSM, the firm reports.
The majority of British consumers are 'confused' by health messages
on food products: meanwhile chocolate and snacks are the last
products to be ditched in a diet regime, finds a new report.
Tate & Lyle was yesterday taken to task by environmental groups
and local residents over its plans to extend its Splenda factory in
McIntosh, Alabama, reports Philippa Nuttall.
Low growth and higher production costs in the US knock first half
profit for Chr Hansen's ingredients business, that posted a 9 per
cent fall in profit for the first six months of the year.
The battle for Allied Domecq looks set to begin with news that
Constellation Brands, the world's biggest wine company, is
considering launching a rival bid to the £7.4 billion offer tabled
by Pernod Ricard, reports Chris Mercer.
Supplies of vegetable oils to European food makers will increase as
US ingredients behemoth Cargill expands palm and coconut oil
operations in Europe, reports Lindsey Partos.
A Chinese farm and chemical group is in the process of buying
Danish speciality fats business Aarhus United, and the deal could
close by the end of the month, according to reports in the Danish
press.
Nestlé, the world's biggest food and drink manufacturer, has
announced a modest increase in Q1 profits after successfully
offsetting rising raw material costs with price increases across
the UK and Continental Europe, Tom Armitage...
Efforts by food manufacturers to create 'user-friendly' food labels
that present clear nutrition profiles for the increasingly health
conscious consumer are the focus of a new initiative from the UK's
food industry...
Pressure on soy prices likely to continue with a new report
revealing China is expected to reduce its principal soybean
planting area, while increasing corn and rice planting in 2005.
Widespread vitamin deficiencies in Russia reveal opportunities to
develop the country's functional dairy products market, yet further
progress will depend strongly on consumers' ability to pay,
writes Angela Drujinina.
Russia has banned imports of Moldovan meat amid suspicions that it
is selling on sub-standard products from third countries, sparking
a row between national authorities, reports Angela
Drujinina.
Talks collapse over a merger between the mothers of Arla Food
Ingredients and DMV International after negotiations between
Campina and Arla Foods fail to reach a 'satisfactory
result','writes Lindsey Partos.
Food makers could soon reduce costs for popular sweetener
sucralose, as analysts suggest key patents held by the market
leader Tate & Lyle may soon come to an end, reports Lindsey
Partos.
Danish sugar and ingredients group Danisco leaps into the number
two enzyme position as the firm announces control of 98.2 per cent
of the shares in US biotech firm Genencor.
The global market for RFID is set to reach €20 billion by 2015 as
the implementation of new laws and demand shape the an industry
that will make a significant impact on future food and beverage
packaging. Simon Pitman looks at the...
A soy-based egg replacer developed by food scientists at Unilever
heads to the US, as Alleggra Foods, the owner of the new
ingredient, signs a distribution, manufacturing and marketing
agreement with Tate & Lyle for the North...
Japanese food safety authorities have ordered further testing, after two cows were diagnosed with Bovine Spongiform Encephalopathy (BSE) during preliminary screening, Tom Armitage reports.
Improved blends with the high intensity sweetener Acesulfame K have
brought volume gains in the buoyant sweetener market, says
Nutrinova, the German firm that supplies the sugar-replacer under
the Sunett brand, writes Lindsey Partos.
The dispute between the sugar industry and McNeil Nutritionals
advanced a small step this week when a federal court in Los Angeles
ruled that the Sugar Association can continue its claim into
whether McNeil's Splenda campaign...
South American and Asian yeast markets bring strong gains in the
first half, offsetting weaker markets in the US and Turkey,
London-based sugar and ingredients group Associated British Foods
reports today, writes Lindsey Partos.
Ingredients firm Danisco on the way to the number two global enzyme
spot after the same German regulatory authorities that delayed the
deal give the green light, reports Lindsey Partos.
Knocked by an economic slowdown and the strength of the Euro
against the US dollar, growth in turnover for the European food and
drink industry rose by a 1.9 per cent wisp from 2002 to 2003,
concludes a new report from the US government,...
Russia's dairy, bread and juice sectors are driving a raft of
novelty product innovations aimed at inspiring Russia's functional
food sector, offering opportunities for companies looking for more
value-added products, reports...
Ambitious US ingredients supplier Cargill boosts its war chest,
announcing a 35 per cent rise in profit for the third quarter of
2005, on gains from commodity trading and its animal feed and steel
businesses.