Qibla Cola, the 'alternative' soft drink which gives 10 per cent of
its profits to worthwhile causes, is to enter the Canadian market
via an agreement with local distributor Bimex. The staunchly
anti-American brand is popular...
The volatile vanilla market has seen food manufacturers turning to
synthetic substitutes as prices per kilo soar from double to treble
figures in recent years. Danish ingredients giant Danisco - a
leading extractor of vanilla in the...
US firm Technology Flavors & Fragrances continues to falter in
2003 with a 70 per cent decrease in net income for the second
quarter, a decrease in net sales of 5.7 per cent and rising
operating costs.
Wal-Mart could be lining up a bid for Ahold's operations in Brazil,
Argentina and Peru as it seeks to push into markets with greater
growth potential than the US.
Lloyd Instruments has developed a texture profiling system designed
to help the baking industry ensure end-product quality. The
product, called the TAPlus, is the company's latest texture
analyser to hit the market.
The British company best known for its Cream Crackers, has entered
the fast-growing snack market with the launch of a new cracker
brand, JacoBites. The group will invest £5m in promoting the new
crackers, which come in three different...
Dutch life science company DSM today posted a net profit of €959
million. Although DSM Fine Chemicals posted slightly lower sales
and a lower operating profit, attributable to the pharma products
and aspartame businesses, DSM Food...
With Europe's population getting steadily older - and wealthier -
food companies should do more to target Senior consumers across the
continent, claims Datamonitor. But getting the right message across
in the right way is not...
The World Health Organisation continues on its mission to reduce
global obesity, hosting further meetings with food manufacturers
from around the world to discuss the role the trade can play in
tackling the problem.
A sustained marketing effort which helped add more than 60,000
customers over the last year is beginning to pay off for Toupargel,
the French frozen food retailer. And the fresh food arm is finally
beginning to make headway as well.
By all accounts DSM presented a less than rosy set of second
quarterly figures this week with sales and operating profit figures
both plummeting. The company predicts a further downward trend in
the third quarter but should rebound...
Food manufacturers are failing to cash in on the 'new-age of senior
consumerism', overlooking the highly disposable incomes of the
third generation when it comes to product, marketing and
advertising.
The €435 billion US food industry has welcomed a move by the Bush
administration to inject more cash into food security. "Both
Secretary Thompson and FDA Commissioner McClellan emphasised that
the focus of this new food security...
Underlying growth in both Casino's French and foreign operations
was not enough to offset the ongoing negative impact of exchange
rates in the first half, the retailer announced yesterday.
Allied Domecq, the world's second largest spirits producer, has
teamed up with Parmalat UK to launch a range of premium dairy
desserts featuring three of its brands - Malibu, Tia Maria and
Harveys Bristol Cream.
Higher raw material and energy costs, matched against a weak US
currency, sent sales for Swiss fine chemicals producer down 3.7 per
cent with operating profit plunging by 16.5 per cent.
Agribusiness giant ADM will dissolve a joint venture with US corn
sweetener company after the two companies stuck an agreement under
the auspices of a federal judge, reports the Washington
Post.
US food manufacturers this week spoke out against new European
rules on the labelling and traceability of GMOs, describing the
legislation as "a brick wall blocking international trade".
Sainsbury has been investing heavily in revamping its business for
the last two years, but its latest quarterly results show that
there is still an immense task ahead of the UK's number two
supermarket group. So much so that...
The retail price war currently being waged by the major Swiss
retail groups has hit sales at the convenience store operations
owned by the Bon appétit group.
Sales of non-dairy drinks are rising at a rapid rate in Scandinavia
on the back of marketing efforts of retailers and new product
launches, reports market analyst Organic Monitor. Future innovation
- shying away from organic -...
French acacia gum supplier Colloïdes Naturels International (CNI)
continues to drive its quality management spirit with the news this
week that it is now certified ISO 9001 (Version 2000).
The two franchise operators for the Carrefour retail group had
differing performances in the first half. Guyenne & Gascogne
showed solid growth during the six months, while Hyparlo's sales
suffered as a result of the disposal...
Eating in between mealtimes is fundamentally ingrained in
Europeans' eating habits, claims a new report that encourages
manufacturers to concentrate on healthy snacks and meal-snack
'hybrids' to meet the needs of this...
The Russian starch market could be on the road to recovery after
dipping sharply in the 1990s. When at its peak, up to 180,000 tons
of starch were manufactured in the USSR, while today maize and
potato starches combined make up about...
Unilever is to target the chilled dairy and ready meals markets in
a number of European countries from September as it pushes
aggressively into sectors with significant growth potential.
Russia, Slovakia and Hungary are just three of the markets tipped
for major international retail expansion this year by consultancy
firm AT Kearney. But previous favourites such as China and Mexico
should be avoided because of increasing...
Sensient Technologies Corporation, US manufacturer of colours,
flavours and fragrances, reports boost in second quarter revenue,
up 9.3 per cent for same period last year.
Revenue reached $261.9 million (€233.6m) in the second quarter...
The popularity of new food concepts and volume growth in sports
nutrition means vitamins supplements continue to enjoy good growth
in most markets, despite a drop in price levels, according to a new
global report.
New European regulations on health claims approved today in
Brussels have been criticised by the UK food industry for
restricting consumer choice and burdening the industry with yet
more red tape.
Two European industry associations have named Archer Daniels
Midland subsidiary ADM Cocoa's De Zaan cocoa liquor as the standard
in joint research on chocolate production.
Marks & Spencer has reported food sales growth ahead of the
market for the first quarter of the year, boosted by excellent
like-for-like sales growth, the late Easter period and the roll-out
of its new Simply Food outlets.
While currency translation continued to reduce sales growth at
Carrefour in the second quarter, the company posted its first
quarterly sales increase in six quarters last week. A sign that the
worst is now over for the group's...
Cargill and Riceland Foods have announced their intention to link
up to manufacture, market and sell lecithin products to food,
pharmaceutical, and technical customers.
Spar, the German retail group, dropped deeper into the red last
year after restructuring costs of €272 million. But a positive
performance from the Netto discount chain gave some cause for
optimism to Spar's French owner, Intermarché.
As the UN's Codex Alimentarius Commission announces an agreement on
international guidelines for food trade and production, farmers and
commodity traders in southern Indian state of Kerala know that good
standards mean better...
A poor performance in the domestic market was offset by good volume
growth in export markets for the Swiss food industry last year. But
with cheap imports taking market share at home, and the strength of
the franc impacting value...
The Competition Commission has another month to decide which
retailer will be allowed to bid for Safeway, but UK consumers, it
seems, have already made up their minds. A recent poll by Mintel
showed that the good value for money strategy...
Crowds of food industry professionals will start pouring through
the doors of Chicago's McCormick Place South building this weekend
for the opening of the IFT Annual Meeting + FOOD EXPO. This year's
event - opened by Health...
All packaged foods sold in the US will be required to label their
trans-fat content from 2006 following an FDA ruling this week.
While the food industry has broadly welcomed the move - for a
variety of different reasons - some organisations...
Proposals to resolve a three-month dispute at ADM's citric acid
plant in east Cork, Ireland are expected shortly. Workers and
management have been in discussions since March following a
decision by ADM to change working conditions...
A strong rise in sales volumes in Western Europe helped Barry
Callebaut to post steady profit rise for first nine months. Company
on course to meet its target of EBIT SF200 million in 2002/03.
