Acquisitions help Numico tap new markets
Europe's largest infant nutrition firm Royal Numico has announced a record 43.5 per cent profit rise, boosted by acquisitions in Asian and Southern European markets.
News & Analysis on Food & Beverage Development & Technology
Europe's largest infant nutrition firm Royal Numico has announced a record 43.5 per cent profit rise, boosted by acquisitions in Asian and Southern European markets.
A Netherlands-based company will begin producing bacteria that can be used to kill pathogens in meat and cheese products.
BASF's fine chemicals division is bolstered by higher sales volume of aroma chemicals and vitamins A and E for animal nutrition, but the pressure over vitamin C and lysine has not abated, dragging down the division's profitability.
The micro-encapsulation of essential oils in skimmed milk gives higher flavour retention compared to whey, say scientists.
If alive even the Earl of Sandwich would have been impressed that his namesake food has now become a £ 2.8bn (€ 4.1bn) market in the UK.
A plan to increase biofuel production could lead to an increase in prices for agricultural ingredients, in particular rapeseed, the bloc's food industry association warns in a position paper.
Metro Group's domestic first-quarter sales have fallen 3.8 per cent in the difficult retail sector, while increased international earnings continue to prop up overall performance.