Archives for January 28, 2016

← 2016

Coffee boom brewing at Gulfood

By Eliot Beer

Next month’s Gulfood will have a distinct coffee flavour, as the booming regional coffee sector hits around US$6.5bn – or 8% of the global coffee market.

Barentz sets up joint venture in Iran

By Oscar Rousseau

The Dutch food ingredients company Barentz International has announced a joint venture with Future Way Holdings in Iran to accelerate growth in the country. 

Business Leaders’ Forum

Four food and drink industry surprises of 2015

By Michael Stones

A shift in power from retailers to their suppliers, leading to a better year than expected, was one of four key surprises that shaped the UK food and drink industry last year, Paul Wilkson, chair of the Food Manufacture Group Business Leaders’ Forum told...

Almarai profits up 14%, but costs set to soar

By Eliot Beer

Almarai announced a 14.4% increase in annual profits, to US$510m, but said it expected costs to rise US$133m in 2016 due to increased costs, as it bought US land worth US$31.8m.

Del Monte eyes KSA and Jordan farms

By Eliot Beer

Del Monte is planning to acquire farms in Saudi Arabia and Jordan, to add to its current UAE and Turkey sites, and is planning new regional product launches at Gulfood.

Quality crisis in Russia’s sausage market

By Vladislav Vorotnikov

Russian sausage manufacturers are gradually decreasing the quality of their products in a bid to constrain production costs, according to a report from St Petersburg consumer protection organisation Public Control.

UK shoppers pay 89% more for organic food: survey

By Eliot Beer

UK consumers are paying an 89% premium for organic products at the major supermarkets, according to a survey, while more than half of organic shoppers think they pay too much.