All news articles for December 2011

Looking back on a busy year for food industry M&A…

Looking back on a busy year for food industry M&A…

By Caroline Scott-Thomas

M&A activity increased by over a third in the past year, as food and beverage companies looked for new growth opportunities both at home and in new markets. FoodNavigator-USA looks back at some of the biggest deals of the year.

Photo Credit: Frito-Lay

Frito-Lay hit with lawsuit on all-natural claims

By Oliver Nieburg

PepsiCo’s snacks business Frito-Lay has been accused of misleading consumers by making all-natural claims on its products which also contain genetically modified corn and vegetable oils.

Responsible approach to GM fish is to assume escape: Committee hearing

Responsible approach to GM fish is to assume escape: Committee hearing

By Caroline Scott-Thomas

The responsible approach to considering whether genetically engineered (GE) salmon pose a risk to the environment is to assume that the fish will escape and disregard assurances from the company that they would not, said Senator Mark Begich at a committee...

Meat consumption is predicted to soar by more than 70% in the next 39 years

Meat and dairy consumption to soar, predicts FAO

By Mike Stones

Meat consumption is predicted to rise by nearly 73% and demand for dairy products by 58% in the years up to 2050, according to a new report from the Food and Agriculture Organisation (FAO).

Kraft’s carbon emissions from plants ‘negligible’

Kraft’s carbon emissions from plants ‘negligible’

By Oliver Nieburg

The vast majority of Kraft Foods’ carbon emissions come from outside its manufacturing facilities, according to a survey mapping its environmental footprint, but the full picture may look quite different as full results are withheld.

What did we say again?

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

By Caroline Scott-Thomas

‘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.

Admin error led to Canadian listeria recall delay - CFIA

Admin error led to Canadian listeria recall delay - CFIA

By Mark Astley

Several dairy products, potentially contaminated with listeria, remained on the market over a month after an initial manufacturer recall because of an administration blunder, Canadian food safety authorities have revealed.

Report damns ‘significant weaknesses’ in FDA food safety oversight

Report damns ‘significant weaknesses’ in FDA food safety oversight

By Ben Bouckley

An influential US government office has criticised the US Food and Drug Administration (FDA) for failings in overseeing state food facility inspections, stressing that it paid for inspections that didn’t take place and failed to ensure that ‘systemic...

Kellogg chief executive John Bryant faced a grilling from analysts at last month's Q3 earnings call

Kellogg momentum has slowed again in Q4, claims analyst

By Elaine Watson

Kellogg might have been outpacing rivals in the cereals category in the first three quarters but its volumes have started to drop off again and it remains under pressure thanks to “weak fundamentals”, according to a new report.

Canada stalls on sodium reduction guidelines

Canada stalls on sodium reduction guidelines

By Caroline Scott-Thomas

Canada continues to stall on sodium reduction guidelines for industry, after a document detailing voluntary targets was conspicuously absent from a two-day healthcare summit with provincial and territorial ministers in Halifax late last month.

Hollywood A-list vodka brand sparks legal dogfight

Hollywood A-list vodka brand sparks legal dogfight

By Ben Bouckley

An investor behind a super-premium vodka brand whose website features US celebrities such as Meryl Streep is involved in a bitter legal battle with its creators, who have called him “uneducated and unstable”.

Cargill facing hefty fine for safety ‘failures’

Cargill facing hefty fine for safety ‘failures’

By Mark Astley

A US meat processor could be hit with a fine of nearly $150,000 for breaching health and safety regulations including those surrounding potentially hazardous chemicals, a statement from workplace safety authorities has revealed.

Road to the top: How the new Kraft bosses measure up

Road to the top: How the new Kraft bosses measure up

By Caroline Scott-Thomas

Kraft Foods is set to split into two companies next year, with Irene Rosenfeld at the helm of a new $31bn global snacks firm and Anthony (Tony) Vernon to head the $17bn North American grocery company. FoodNavigator-USA looks at the paths they each took...

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