Health, margins and consolidation came shining through at the FiE
exhibition this week as key issues currently facing the food
industry. But strategies to take on these issues were also in
evidence and one buzz word was louder...
Leading ingredients firm Danisco has announced its second licensing
deal for the Howaru probiotic strain with Chile's biggest dairy
processor Soprole. The agreement looks set to generate significant
interest among food makers...
A new gelatine replacer from Dutch company DMV International
carried off the gold award for the most innovative new ingredient
on the marketplace, rounding off the first day of the bustling Fi
Europe exhibition that opened its doors...
The international German mining and technology group RAG is to be
the new owner of Germany's third-largest chemical company, Degussa,
following news on Tuesday that the European Commission has approved
the acquisition.
The Fi Europe awards committee, that last month creamed off eight
out of 40 new products shortlisted for the final selection, picked
the latest texturant in the FCI range from French company Limagrain
Cereales Ingredients for the...
As German enzyme company AB Enzymes celebrates the 30th birthday of
its baking enzyme line xylanase, the company has marked the moment
with the launch of two new products in the Veron family.
Lifeway Foods, the Illinois-based producer of kefir and other
probiotic foods, has continued to lift sales and profits in the
third quarter of the year, helped by the launch of a new product
and effective marketing.
A disappointment for the food industry the US government last week
predicted a cut in the forecast for soybean production to the
lowest level in nearly 30 years. Although up slightly on 2002
figures, the area for harvest is expected...
Massive savings for food manufacturers and new formulations for
health foods could be just around the corner as ground-breaking
research into how to trick the taste buds receives a cash injection
from three leading ingredients companies.
Chaos is soon likely to set in with only one month to go until
tough laws on bioterrorism enter into force in the US. At least 90
per cent of foreign and domestic facilities have yet to register
with the FDA.
As speciality chemicals company Cognis heads for the FiE to promote
a number of ingredients - not least Tonalin CLA, results released
yesterday show a rise in organic growth for the health and
nutrition arm of the company in the third...
Facing up to the current challenging economic climate Danish
ingredients company Chr Hansen last month lifted previous profit
forecasts for the year on the back of decent ingredients growth and
higher exchange rates. Next week at...
The impact of higher commodity prices on ingredients manufacturers
continues to impact margins. In October figures show that soybean
prices peaked at their highest levels in six years.
As consumers across the globe add fire to their food through the
red hot ingredient chilli pepper, the 'pope of pepper' traces the
pepper family history and looks at why, exactly, it burns so fast.
First half profits for UK sugar and sweeteners group Tate &
Lyle slipped as US figures hit the bottom line but improved results
from European operations helped add sparkle to a generally
lacklustre performance.
US researchers are investigating whether calcium intake, previously
linked to lower weight in girls, could help prevent women from
gaining too much weight when pregnant. They hope to better
understand the link between the mineral...
A hot cup of cocoa - that stalwart of cold winter nights and an all
time favourite for children - could actually boast more
antioxidants than green tea and red wine, say researchers in the
US.
Tekes, the national technology agency in Finland, is currently
funding an investigation into the use of rare sugar components -
previously deemed as unimportant by-products - as a useful raw
material in food and pharmaceutical industries.
Prompted by demand from the Philippines, Danish ingredients company
Danisco has
designed and launched two new citrus fruit flavours onto the Asian
market.
ADM Natural Health and Nutrition has expanded its Novasoy soy
isoflavone further, with launch of the product in a directly
compressible form to make processing easier.
The milk industry churns over new findings in the US that claims a
simple supplement can dramatically boost the content of unsaturated
fatty acids in cows' milk
Scientists have developed a new cattle-feed supplement, which
dramatically boosts the content of unsaturated fatty acids over
saturated fats in cows' milk. It could also be used to reduce
saturated fat in meat, suggest the US-based...
Western ingredients companies continue to make inroads into the
massive Chinese food market with Danish company Chr Hansen cutting
the ribbon yesterday on new facilities in Bejiing.
The US Department of Agriculture (USDA) has proposed an end to the
ban of Canadian cattle imports under 30 months old. Canadians
currently lose an estimated €9 million a day from the restriction.
At the end of last week the USDA published a proposed rule aimed at
ending the ban on imports of Canadian cattle under 30 months old,
deemed to be at low risk for mad cow disease.
The rolling out of third quarter results today continues with a
slip in earnings for US agri-giant Bunge on the back of weaker
profits sorely felt in the agribusiness division.
Food scientists working in today's food industry are constantly
facing, and resolving, the challenges of a competitive market. One
emerging trend in particular is the blurring of boundaries between
different food application...
Against a current tough market backdrop for ingredients, Danish
company Chr Hansen is facing up to the challenge, with the dairy
culture specialists this week lifting previous profit forecasts for
the year by €4 million on the back...
Dutch ingredients firm DMV International has developed a new
milk-derived peptide aimed at liver health, an area attracting
increasing attention from consumers.
Swedish oils and fats company sees profit slip as the weight of
tighter margins, increased competition and a strong Swedish kroner
bears down.The Karlshamns of 2003 has quite evidently been marked
by the loss of one of its largest...
US court dismisses claims by Muscle Marketing USA that all forms of
creatine powder, including the product made by Degussa Food
Ingredients, are ineffective.
Germany's third-largest chemicals company Degussa has taken a €500
million charge in its fine chemicals business unit as it continues
to feel the impact of adverse changes in market conditions.
Cognis Nutrition and Health and Kemin Foods have finally reached an
agreement in court over the marketing and promotional issues for
lutein and lutein esters products.Specific terms of the agreement
are to remain confidential between...
US dairy associations are rolling out a new 'Healthy Weight with
Dairy' advertising campaign next week to tout scientific research
linking dairy consumption with reduced body weight.
Soy Fantastico, a vitamin- and mineral-rich soy beverage
specifically targeted at the Hispanic consumer, will be introduced
at the Expo Comida Latina trade show next week.
Manufacturers on the health wagon will welcome news this week that
food scientists have designed free radical beating crisps, complete
with an oregano flavour.
Global tugs of war continue in the trade zone with the the WTO
agreeing to demands from the US and Australia to examine Europe's
rules on the protection of place and product names.
The sixth International Cocoa Agreement in three decades came into
force at the beginning of October, heralding a break from the past
with the exclusion of market regulatory mechanisms - production
quotas, buffer stocks and other...
One year after new rules on organic standards hit the American food
industry one in ten Americans are eating more organic foods,
reports a US trend tracker - but price is still a barrier to new
converts.
Burgeoning private agribusiness Cargill saw net earnings slip in
the first quarter of 2004, but performance remained on track
topping last year's figures by a wisp.
The Benelux operation of Fiske Food Ingredients, a distribution
business belonging to €4bn Dutch industrial chemicals group Univar,
has linked up with starch ingredients company Avebe to distribute
the co-operative's full range...
Building on the one-stop-supplier philosophy, the new kid on the
xanthan gum block Danisco has made inroads into the market this
week, linking up with one of the largest xanthan gum suppliers in
China, the Henan Tianguan group.
Ongoing rumours that the Irish food and ingredients company Kerry
Group had bought up a US fruit flavour operation were at last
confirmed with the ambitious food ingredients business broadcasting
that it has purchased US-based Da...
Limited consumer awareness threatens to restrain the development of
probiotics markets, finds a new Frost & Sullivan report, yet
sales of the healthy ingredient are still set to almost triple in
value over the next six years.
Certain methods of preparation and cooking can causevegetables to
lose their cancer-fighting compounds, with microwaving the biggest
culprit, according to new evidence published in the Journal of the
Science of Food and Agriculture.
As US International Flavours and Fragrances and Swiss company
Givaudan continue to fight it out for the number one global
flavours and fragrance spot, the Swiss supplier reports stable but
far from dazzling 3 per cent sales growth...
