Brazil’s BRF denies Americana bid, buys Al Yasra
Brazilian food giant BRF has denied it has joined a bid to buy Kuwait’s Americana, weeks after it bought a 75% stake in Al Yasra Foods, its Kuwaiti distributor, for US$160m.
Archives for October 16, 2014
Food sector innovation is 'too cautious', says Rabobank
Innovation will be key for food and agribusiness (F&A) industry growth as food demand increases, according to a report from Rabobank.
Saudi chocolate market to grow 43% by 2016
Middle East confectionery sales are set to boom, with the Saudi market projected to grow 43% by 2016 according to KPMG, and the region as a whole by 20% in 2015.
Clean label trumps brands in Europe, says report
The ingredient list and a lack of additives or ‘artificial’ ingredients are the most important considerations for consumers when making a food purchase after price, says a new report on clean label in Europe.
Hassad Food agrees $500m Turkey investment
Qatar’s food and agriculture investment vehicle Hassad Food is planning new investments worth US$500m in Turkey’s agribusiness sector, the company announced.
Australian farmers want GCC free trade deals
Australian farmers are calling for new trade agreements with the Middle East as agricultural imports leap, with mutton up 168% year-on-year in September and lamb up 32%.
Food safety conference
Top food safety threat is antimicrobial resistance
Four threats, including antimicrobial resistance, and two opportunities will be some of the biggest influences on UK food safety in the years ahead, delegates heard at the Food Manufacture Group’s safety conference this week.
Isoglucose market still faces hurdles in Europe
European appetite for isoglucose is still uncertain – despite the impending end to quotas.
What’s top on the Commission’s food forum agenda?
The impact of ‘sin taxes’ on competitiveness and consumption habits, food prices, and sustainability were the key points on the agenda for the European Commission’s High Level Forum for a Better Functioning Food Supply Chain.
Russia looks to expand list of approved pork suppliers from China
Russia looks set to increase the number of the authorised pork suppliers from China, from two companies to 10, in a bid to close the deficit in its own meat processing industry, according to statements from the Russian authorities.
Tiger Brands recall after banned colorant findings
Tiger Brands has recalled rice products after tests revealed the presence of illegal colorants.