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News headlines

Analyst lauds chocolate market potential in Mexico

23-May-2012 - Confectioners face big rewards by tapping into market potential in Mexico, but will face “oblivion” if they fail to address growing health concerns, according to an analyst.

Cocoa deficit to bring prices higher, predicts Rabobank

22-May-2012 - A consecutive deficit in 2012/13 is set to move cocoa prices higher as supply struggles to meet rising demand for chocolate products in Asia, according to financial services group Rabobank.

Are healthy foods really more expensive? Not necessarily, say USDA researchers

21-May-2012 - Many Americans claim that the reason they choose less healthy foods is because it costs more to eat healthily, but a new analysis from the Department of Agriculture claims that healthier foods are actually cheaper than junk foods – it all depends on how you measure value for money.

Sugar reform advocates ‘disappointed’ with lack of policy debate

21-May-2012 - Sugar users have said they are disappointed that both the Senate and House Agriculture Committees have voted to advance the 2012 Farm Bill without amending current sugar policy, which they claim costs the US food industry by inflating domestic sugar prices.

Could it be second time lucky for low-cal bulk sweetener Tagatose?

18-May-2012 - Belgian firm Nutrilab NV is preparing to introduce low-calorie, low glycemic bulk sweetener Tagatose to North and South America later this year, six years after dairy giant Arla Foods pulled the plug on the ingredient claiming it was not commercially viable.

Imperial Sugar reports $6.5m loss in Q2

14-May-2012 - Imperial Sugar Company reported a net loss of $6.5m in the second quarter, compared to a net profit of $4.2m in the prior year period, while net sales were up 5.6%.

Blommer predicts looming cocoa supply crisis

10-May-2012 - Demand for cocoa is expected to climb 30% in the next 10 years creating a 25% shortage of current supply, according to North American cocoa processor and chocolate ingredients supplier Blommer Chocolate Company.

Cocoa waste may become valuable source of pectin, suggest researchers

10-May-2012 - Cacao pod husks – a major by-product of cocoa processing – could provide industry with a new, environmentally friendly source of pectin, say researchers.

Cacao & soy compounds show heart health benefits for diabetic women: Study

04-May-2012 - Supplementation with cacao-flavonoids and soy isoflavones may improve levels of biomarkers of heart disease in postmenopausal, diabetic women, says a new study.

Higher prices boost Kraft profit in Q1

04-May-2012 - Kraft Foods reported a 1.8% increase in first quarter profit after it raised prices for its products around the world and increased sales of its ‘power’ brands, particularly in developing markets.

Line between cereal bars and energy/nutrition bars is blurring, says report

04-Apr-2012 - While the food bar market has traditionally been split into two distinct categories: cereal/granola bars and energy/nutrition bars; the boundaries between them are becoming increasingly blurred, according to a new report.

Have your cake and eat it: Chocolate consumption linked to lower BMI

28-Mar-2012 - People who consume chocolate frequently may have lower body mass index (BMI) values, suggests ‘intriguing’ data from the University of California, San Diego.

News in brief

Revolymer enters 450 retail chains in US with degradable gum

09-Feb-2012 - UK-based firm Revolymer has secured distribution agreements with 450 retail chains in the US for its degradable chewing gum Rev7.

Florida bill to prohibit “junk” SNAP food purchases passes committee

01-Feb-2012 - A Florida State Senate Committee has passed a bill intended to restrict purchases of certain foods under nutrition assistance programs, such as Food Stamps, or SNAP (Supplementary Nutrition Assistance Program).

MA governor proposes taxing soda and candy

30-Jan-2012 - Massachusetts governor Deval Patrick has proposed eliminating a sales tax exemption on soda and candy in the state as part of the state’s 2013 budget, and plough extra taxes raised into public health programs.

Mexican sugar shortage could lead to price hike unless USDA acts – analyst

25-Jan-2012 - Global sugar prices could rise following a shortage in Mexican production unless the US Department of Agriculture (USDA) allows additional imports, according to the Jenkins Sugar Group.

Ethical claims create health halos, study suggests

16-Jan-2012 - Ethical production claims such as ‘fair trade’ may influence how consumers perceive calorie content, according to new research published in the journal Social Psychological and Personality Science.

Looking back on 2011: How did we do with last year’s predictions?

15-Dec-2011 - ‘Tis the season for gazing into our crystal balls and foretelling what the year ahead has in store – but how well did we do with last year’s predictions? FoodNavigator-USA looks back on its forecast for the top industry influences of 2011.

Hershey to acquire Canadian confectionery firm Brookside Foods

09-Dec-2011 - The Hershey Company has said it will acquire Canadian confectionery firm Brookside Foods for an undisclosed sum.

Nestle ‘sure’ child labour occurs in supply chain as company allows probe

30-Nov-2011 - Nestle has become the first food company to allow the Fair Labor Association (FLA) to investigate whether children are working on cocoa farms supplying its factories as the company said that it would almost certainly be the case.