New regulations will tighten error margins on food nutrition labels
as a new study claiming many UK foods, including biscuits and
pizzas, are significantly higher in fat and sugar than their labels
suggest, threatens to further dent...
Glisten, the acquisitive UK confectioner, has reported strong first
half figures reflecting its rapid growth, but highlighted the
increasing cost of integrating its growing number of niche
businesses as it seeks to turn itself into...
Consolidation continues for the food ingredients slice of the
industry chain as US ingredients behemoth Cargill enters the pectin
market for the first time, announcing the acquisition today of
insolvent citrus product supplier Citrico,reports...
Soon-to-be-sold ingredients unit at Degussa, Germany's third
largest chemical company, fails to impress in 2004 with sales
falling by 4 per cent, contributing just under 5 per cent of total
sales to overall €11.2 billion turnover...
Europe's blossoming organic food production, already benefiting
from the world's biggest organic food research budget, is predicted
to grow fastest in the EU's new member states over the next few
years, presenting new...
Looking to boost growth in the sluggish caramel colour market, the
world's largest manufacturer, DD Williamson will extend its reach
in the burgeoning Chinese market with the extension of its liquid
product line for Asia,writes...
Strong growth and opportunities for sweetener use in food
formulations is assured with fresh figures from the UK finding
health concerns are driving nearly one in four consumers to use
sugar replacers, reports Lindsey Partos.
Ongoing impact of consolidation in the global food and drink
industry is evident in the cost-cutting exercise by Novozymes', the
world's number one enzyme supplier, set to relocate all Swiss
supply chain operations to Denmark...
Food makers looking to sell organic products on a 'healthy' agenda
may face opposition from the authorities as the UK's Advertising
Standards Authority upholds two complaints against the country's
organic industry...
Opportunities are ripe for food manufacturers using organic meat
ingredients, with a new report revealing the volume of organic meat
ingredients used in processed foods is starting to take market
share away from supermarkets,writes...
Britain's food retail sector is becoming increasingly price
focused, with groups such as Tesco and Asda leading the move
towards every day low pricing (EDLP). But recent research from UK
think tank IGD suggests that companies...
Legislation governing the production and marketing of products
aimed specifically at Russian children needs to be completely
overhauled or the nation could face serious health problems in the
future, suggests new research, Angela...
Premier Foods, the company at the centre of the UK's biggest food
product recall, said it was confident of suffering little or no
financial impact as a result of the food scare as it reported
figures for 2004 already affected...
Sales of the sugar substitute neotame more than quadrupled last
year as food and beverage manufacturers searched for low calorie
alternatives in the face of rising obesity, said its makers,
writes Philippa Nuttall.
Contributing the biggest revenue stream to Givaudan, the flavours
unit posted sales of CHF 1.6 billion (€1 billion) sales in 2004,
representing stagnant growth on a like-for-like basis in Swiss
francs.
The sale of Chr Hansen's ingredients arm gains pace with reports
suggesting the unit could fetch nearly €1 billion ($1.31 billion),
writes Lindsey Partos.
In addition to evident best practice in food safety across the food
chain, the food industry needs to establish better channels of
communication to tackle food recalls and avoid a blow to consumer
confidence, conclude the authors...
The US Centre for Disease Control has helped to create a climate of
fear by exaggerating America's obesity crisis, claims a consumer
and industry group, as one major cereal producer warns the whole
obesity issue is becoming too...
New Zealand dairy co-operative Fonterra has upped its share price
offer for Australia's leading dairy company National Foods,
trumping a rival bid from San Miguel Corporation (SMC) and gaining
the unanimous backing of National...
InBev is already beginning to see the benefits of last year's
merger of Belgian brewer Interbrew and Brazil's AmBev, with volume
sales in 2004 growing at more than twice the rate of the global
beer market as a whole. And...
Relatively low Swedish prices of organic products can be seen as a
consequence of a well working distribution, well established
relations with the large retailers and high quality products.
Coca-Cola, whose sugary soft drinks have left it open to
accusations of contributing to the global obesity epidemic, has
made little secret of its desire to move into product sectors such
as juice and water, viewed as less 'high...
British high street retailer Somerfield has rejected the initial
advances of Icelandic group Baugur, but the possibility of a formal
offer - and an eventual link up with the Iceland chain - remains on
the cards, provided Baugur comes...
Ambitious Irish ingredients and flavours firm Kerry sees costs
rising for the year and sales inching up by just over 1 per cent
for 2004, the company reports today.
Sales of food and drink products carrying the Fairtrade mark in the
UK reached £140 million in 2004, more than 50 per cent more than in
the year before, but this year's Fairtrade Fortnight will seek to
push this figure higher...
The news this month that the world's number one drinks giant Coca
Cola has linked up with Tate & Lyle's Splenda sweetener in a
new branding venture could signal the beginning of a new wave of
ingredient - manufacturer...
South African winemakers are keen to capitalise on growing interest
in their wines from US consumers - and on the predicted growth in
the market there. Their US counterparts, meanwhile, continue to
focus on Europe, where sales have...
Italian spirit maker Campari has today confirmed that it is
increasing its stake in US unit Skyy Spirits, while earlier in the
week it was the turn of brewer SABMiller to increase its stake in
Italy's Peroni group, writes Chris...
Finnish crispbread specialist Vaasan & Vaasan has revamped the
image of its flagship Finn Crisp brand to take advantage of a
growing market for high fibre and wholegrain snacks in Russia and
lure increasingly health-conscious...
Russia's leading dairy and juice producer Wimm-Bill-Dann has
announced it will merge its juice and water businesses as part of a
restructuring plan devised to stop rising transport and raw
materials costs from damaging profits,...
Romania and Bulgaria are set to sign EU membership treaties within
the next two months while Ukraine steps ever closer to the bloc,
offering hope to food producers and retailers seeking new,
potentially lucrative markets. But quality...
United Confectioners, Europe's biggest confectionery holding group
which unites Russia's 15 leading producers, saw its 2005 order book
swell after its recent participation in Berlin's Green Week
exhibition, with exports...
Major food commodity processor and ingredients supplier Archer
Daniels Midland (ADM) will expand cocoa operations in Brazil to
match expansion of current product lines, the firm said this week.
Finnish crispbread specialist, Vaasan & Vaasan, has revamped
the image of its flagship Finn Crisp brand to take advantage of a
growing market for high fibre and wholegrain snacks in Russia and
lure increasingly health-conscious...
Disposals and currency exchange rates pushed down full-year sales
at Nestlé, the world's biggest food producer, but the decline had
no impact on profitability, which grew by a healthy 8.1 per cent
during 2004. IN order to stay...
Opportunities are ripe for UK food manufacturers and their
ingredients suppliers to roll out more foods positioned in the food
allergy or intolerance sector, with new research suggesting as many
as one in five British consumers now...
Mariann Fischer Boel, the EU's recently appointed agriculture
commissioner, has claimed that sweeping EU agricultural reforms
will provide UK farmers with a "better balance of support",
while forging a more competitive...
Despite firm traceability rules and constantly improved food safety
systems the threat of litigation hangs in the air for the food
industry: in the UK a prepared foods firm faces up to €1.4 million
to settle a food poisoning court...
Suppliers of ingredients to the developing ice cream market in
China will welcome news that Nestlé, the world's number one food
maker, will deepen penetration and sharpen competitiveness in this
burgeoning market through new...
Supply problems in Asia - mostly as a result of the political and
economic fallout of December's devastating tidal wave - have not as
yet hit prices for key herbs and spices imported into Russia,
according to the company Vremea....
At a time when many Russian brewers are seeing their local brands
replaced by the premium international beers produced by their
foreign owners, resolutely Russian Ochakovo prefers has launched a
new local beer brand called Privoljskoie,...
Over the next year Dutch dairy ingredients firm DMV International
will pour in excess of €60 million into innovation through new
R&D facilities and ingredients processing plants - and all this
against the backdrop of an intended...
Flavours and texturants firm Degussa will shrug off its fruit
preparation business to an American equity company in a sale that
prepares the ground for a total divesture of its remaining food
ingredients unit.
British confectionery and soft drinks group Cadbury Schweppes is
back on the path to growth after the acquisition of confectionery
group Adams and a complete overhaul of its US beverage business.
Cost reductions, investment in confectionery...
Three of Europe's biggest beer makers have reported mixed results
this week, with Scottish & Newcastle, Carlsberg and Heineken
all underlining the need to cut costs and increase advertising
expenditure, especially for premium...
Supermarkets remain the most favoured type of the store in the CEE
region, despite the large number of western players entering the
region with hypermarket or discount formats. But the popularity of
supermarkets is built mainly on...
Coca-Cola's Greek bottling subsidiary has announced it will buy its
way into Serbia's bottled water market as the trend towards healthy
living increases the importance of non-carbonated soft drinks,
reports Chris Mercer.
A lack of government funding and a weary image threaten to cause a
widespread shortage of British crop production experts, says one
industry body, warning the problem may bring serious disruption to
UK grain and cereal processors...
