News & Analysis on Food & Beverage Development & Technology
America's biggest food company, Kraft Foods, announced a rise of 20 per cent in earnings for the 2002 first quarter, attributing strong volume growth in beverages, desserts and new products to the increased earnings.
US food company Cargill, the new owner of French starch manufacturer Cerestar, reported $161 million (€182m) in earnings for the third quarter ended February 28, up 63 per cent from $99 million earned in the same period a year ago.
Organic farming could account for 3 per cent of all farmland in Ireland by 2006, if the recommendations of a new report are implemented quickly, said Noel Davern, the Irish junior agriculture minister.
A new report investigating the shopping habits of consumers across Europe finds that while eating out is still seen as a luxury, and will be affected by recessionary consumers, food purchasing is the last area to be included in an economy drive.
Colouring foodstuffs are making an impact in the European colourings market according to new research carried out by market consultants Frost & Sullivan. The study reveals that the general shift from synthetic to natural colourings will slow down in...
Scottish company Baxters, which manufactures soups, chutneys and jams under its well-known brand name, is expected to slash its board of directors this week as part of an efficiency drive which will revolutionise the traditional company, reports The...
A Japanese food manufacturer is beginning work on an instant noodle which will be eaten by astronauts in orbit.