Lindt overcomes commodity pressures to record 18% profits surge in H1
Lindt & Sprüngli has reported a double-digit rise in net income as it weathers steep price hikes in key commodities such as cocoa, hazelnuts and almonds.
News & Analysis on Food & Beverage Development & Technology
Lindt & Sprüngli has reported a double-digit rise in net income as it weathers steep price hikes in key commodities such as cocoa, hazelnuts and almonds.
The public has become immune to dire warnings about what falling pollinator numbers could mean for the world’s food supply – because there is no clear solution to the problem, says Oxford researcher Dr Leila Battison.
Belgium-based Lotus Bakeries has seen its share price jump to a near 52-week high after it acquired two-thirds of UK-based snack firm Natural Balance Foods on Monday for about £60m (€85m).
Italian politicians have submitted two resolutions to parliament defending palm oil in the face of anti-palm oil campaigns, calling it a raw material of fundamental importance for Italian industry.
15 year challenge to develop products with, not for customers
One challenge for companies in the next 15 to 20 years will be to develop products with customers, not for them, according to Jörgen Jedbratt, trend forecaster, Kairos Future research and consulting firm, Stockholm.
The European Union (EU) meat and livestock sector has welcomed the recent EU-Vietnamese free trade agreement. The industry said it could help exporters sell more pork and poultry to this growing emerging market of 84 million people.
Children who report eating more polyunsaturated fatty acids are leaner and have lower body fat percentages than those who consume higher amounts of saturated fats, say researchers.
French retailer Auchan has announced plans to build a meat plant in Russia, following a veterinary scandal at the Russian arm of the retailer.