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Start-up woos ‘hormone-conscious’ consumers with estrogen-free soy
26-Sep-2011 - A Delaware-based firm that has patented a process to remove estrogen and other unwanted components from soy is in advanced negotiations with manufacturers of soy foods to license its technology.
Cargill flavours buy not transformational but good fit for Kerry, analyst
26-Sep-2011 - Kerry’s acquisition of Cargill’s flavour systems for €168m ($230m) is by no means transformational but will boost the Irish ingredient firm’s beverages and dairy flavours portfolio, claims an analyst.
Kerry Group to acquire Cargill's global flavors business
22-Sep-2011 - Ingredients, flavors and consumer foods giant Kerry Group has struck a $230m deal to acquire Cargill's global flavors business.
Ralcorp board faces class action lawsuit over refusal to engage with ConAgra
22-Sep-2011 - The row over Ralcorp’s refusal to engage with suitor ConAgra has escalated following the filing of a class action lawsuit alleging Ralcorp’s directors breached their fiduciary duties to shareholders by rebuffing ConAgra’s advances.
5-Hour Energy ramps up from seven to nine million bottles a week
22-Sep-2011 - 5-Hour Energy is now selling nine million bottles of its energy shots a week compared with seven million last year, a 28% rise in volume, the firm has revealed.
Greek yogurt sales surge at General Mills as new capacity comes online
22-Sep-2011 - General Mills expects to see a sharp acceleration in Greek yogurt sales this year after bringing on new manufacturing capacity and ratcheting up advertising spend.
Nutrient powerhouse baobab attracts cereals big gun
21-Sep-2011 - Baobab – the African superfruit packing an unparalleled nutritional punch – is being tested by a major player in the cereals sector and is set to feature in a clutch of new launches later this year from granola to chocolate covered fruit snacks.
ConAgra to pursue 'pipeline of alternatives' post failed Ralcorp bid
21-Sep-2011 - ConAgra has made an unsteady start to the financial year as unexpectedly high inflation and wheat market dynamics pushed profit down, despite rising sales.
PureCircle sales fall, awaiting EU stevia approval
21-Sep-2011 - PureCircle said that a “delay” in regulatory approval for stevia in the EU was a factor contributing to lower-than-expected sales for the year.
Penford offers one-stop-shop for starch as it launchs new pregel line
19-Sep-2011 - Penford Food Ingredients has bolstered its stable of starches with a new range of specialty pregelatinized corn starches from waxy maize.
Roquette takes collaboration to new level with multi-million dollar innovation center
16-Sep-2011 - Roquette has put its money where its mouth is when it comes to collaboration with the development of a multi-million-dollar innovation center in Geneva, Illinois, designed to strengthen relationships with customers.
Solazyme/Roquette JV prepares for January 2012 launch of ‘unique’ algal flour
16-Sep-2011 - The first products to emerge from a joint venture (JV) between French food ingredients giant Roquette and Californian microalgae expert Solazyme will hit the market in January, its boss has revealed.
Treehouse Foods: Private label innovation rates double in recession
15-Sep-2011 - Private label’s share of new food product launches almost doubled last year, with retailer brands accounting for 15.9% of new SKUs (stock keeping units) in 2010 compared with just 8.5% in 2009, according to Treehouse Foods.
McCormick’s Hispanic sales rocket as firm launches mission to ‘save the world from boring food’
15-Sep-2011 - Seasonings and spices giant McCormick has seen sales of its Hispanic products in the US surge by 50% since 2005 as it has stepped up marketing and innovation efforts.
Nestlé battles Kraft to retain global hot drink dominance
14-Sep-2011 - Despite its status as the world’s largest hot drinks manufacturer, Nestlé faces a tough battle for global dominance with Kraft in coffee due to the rising popularity of fresh coffee, according to Euromonitor International.
Frutarom enters US savory flavors market with latest acquisition
14-Sep-2011 - Israeli flavor firm Frutarom has agreed to acquire Cincinnati, Ohio-based Flavor Systems International for up to $45.3m, the company has said.
Wild Flavors to acquire mint specialist A.M. Todd
14-Sep-2011 - Wild Flavors has said it will acquire certain assets of natural mint flavor specialist A.M. Todd Group to allow it to expand into new markets and better respond to its customers’ demands.
‘Highly confident’ ConAgra to Ralcorp: Our $94/share offer stands until Monday
13-Sep-2011 - ConAgra Foods has called on Ralcorp to look again at its $94-a-share takeover offer after talking to shareholders at the private label giant who believe their board acted too hastily in rejecting ConAgra's advances.
Hain Celestial breaks new ground in dairy-free with almond milk yogurt
13-Sep-2011 - Hain Celestial is planning to break new ground in the dairy alternatives sector with the introduction of an almond milk-based yogurt, its chief executive has revealed.
Red Bull accuses Canadian rival of trademark infringement
12-Sep-2011 - Energy drinks giant Red Bull has accused Canadian firm Bullseye Beverages Ltd of infringing Red Bull trademarks and misleading consumers with its Bullseye Energy Drink.
Sara Lee seeks new boss for North American business
12-Sep-2011 - Sara Lee is seeking a new boss for its North American business following the resignation of North America chief executive CJ Fraleigh.
Legal firm launches probe as Ralcorp rebuffs ConAgra’s advances
12-Sep-2011 - A legal firm specializing in shareholder litigation has launched an investigation to determine whether Ralcorp has acted in its shareholders’ best interests by rejecting a recent $94 a share cash offer from ConAgra.
US research agreement probes ‘next generation’ dairy ingredients
12-Sep-2011 - Cornell University and the Dairy Research Institute have agreed a dairy research partnership with the Northeast Dairy Foods Research Center to help "strengthen the US dairy industry and dairy innovation pipeline".
Kellogg: We lost our momentum… But we’re in better shape now
09-Sep-2011 - Cereals and snacks giant Kellogg took its eye off the ball in 2009/10 but is now firing on all cylinders again, says its chief executive.
New Kraft companies ‘well-positioned to outperform’ rivals, says Rosenfeld
09-Sep-2011 - Kraft Foods’ CEO Irene Rosenfeld defended the company’s decision to split into two separate entities during a presentation at the Barclay’s Back-to-School Consumer Conference in Boston on Wednesday, saying that both companies will have the scale to succeed.
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