PepsiCo has signed an agreement with Diamond Star to distribute its beverage brands in Burma, granting the latter exclusive rights to sell and distribute the Pepsi Cola, 7-Up and Miranda brands in the country.
Cargill has reported an 82% slump in profit for the fourth quarter and a 56% drop for the fiscal year, citing cyclical trends in soybean processing and American beef, as well as wider economic and political factors.
North American private label firm Ralcorp has announced plans to merge three of its four business units after it suffered a 9% fall in third quarter (Q3) results.
Europe and North America were the worst performing regions for Nestlé according to its first half (H1) results, while Asia, Oceania, Africa and emerging markets delivered double digit growth.
Consumer acceptance of meat analogues can be increased through repeated exposures to products containing substitute meat proteins, but industry must work to improve quality and establish initial positive experiences, say researchers.
A bipartisan group of US senators has called on the Environmental Protection Agency (EPA) to help the meat industry cope with drought conditions by adjusting the corn-ethanol mandate for the Renewable Fuel Standard (RFS).
A detailed report looking at the impact of Brazil’s agricultural impact on third-country markets has been published, highlighting Brazil as a leading poultry exporter.
The worst drought to hit the United States in half a century is having dramatic effects on crop and livestock production, President Obama said in a White House briefing Tuesday, in which he called on Congress to pass a Farm Bill that includes more disaster...
Meat-free burgers, sausages, and other meat analog products have come a long way in recent years, but there is still room for improvement in texture and taste, as companies continue to strive for more meat-like attributes – and a bite of the meat-free...
FoodNavigator-USA had a strong presence at IFT 2012 earlier this summer, where our team combed the show floor looking out for the hottest new trends and industry developments. In this special edition, we present a round-up of our video coverage from the...
PepsiCo has reportedly reached an out of court settlement in a lawsuit filed in 2009 by a US man who alleged he found a mouse in a can of Mountain Dew.
Muller Quaker Dairy, the joint venture between PepsiCo and the Germany-based Theo Müller Group, has broken ground on its first US yogurt manufacturing plant – less than a month after entering the market.
A food safety technology company has achieved US certification for its new E.coli testing kit, which allows manufacturers to rapidly test meat samples for the deadly bug.
San Diego-based flavor firm Senomyx has discovered a new taste modifier ingredient that can enhance the sweet flavor of both high fructose corn syrup (HFCS) and sucrose, allowing food manufacturers to use less of either sweetener in formulations.
A flood of stevia-containing products will arrive over the next 12 months, with beverages leading the way, says Mel Jackson, VP of science for Sweet Green Fields.
Suppliers of chia in Latin America are working together to establish a regional organization to provide a safe and transparent framework in which to further develop the chia business.
High consumption of iced tea drinks could be linked to the formation of kidney stones – especially in those who are at high risk of the painful disorder – warns one researcher.
Bolivian officials have swiftly moved to play down reported remarks by the nation’s flamboyant foreign minister that the government would kick Coca-Cola out of the country by the end of the year.
The food industry is digging deep to oppose California’s Proposition 37, which would mandate labeling of foods that contain ingredients derived from genetically modified organisms (GMOs).
The total market for analogs and meat free products is set to rise by 4.4%, from €2.85bn to €3.54bn, in the next five years, according to exclusive data from market analyst RTS Resource.
A study analyzing the effects of dosing cultured animal cells with energy drinks has found that they delayed wound closure, but not due to the combined or isolated effects of major ingredients caffeine, taurine and glucose.
Nestlé has encountered a “consistent deterioration in growth” in 2011-2012 in the US, its biggest market, according to analyst Andrew Wood at Sanford C Bernstein.
Adding salty smells to food products could help industry reduce sodium levels by up to 25% without affecting the overall taste profile, say researchers.
Digital marketing firm and couponing giant Valassis has introduced a new Facebook app for consumers to access coupons and savings directly on Facebook, combining the company’s digital coupon distribution expertise with Facebook’s sharing and graph functions.
How many options do vegetarians and flexitarians (meat reducers) have when they go out to eat (if they are not in the mood for bean burgers and Margherita pizza)?
Kraft Foods reported a 5.4% rise in second quarter net profit, more than offsetting higher raw material costs and adverse effects of currency exchange rates, the company said on Thursday.
An artificial food flavoring compound used for its butter-like taste and mouthfeel may be linked with key processes in the development of Alzheimer's disease, according to new research.
Diversified private-brand specialist Ralcorp Holdings has announced it will consolidate its cereal, pasta, snacks and sauces businesses at a price of $17m-$22m in a bid to improve efficiency, slash costs and drive business forward.
With an industry consensus forming that stevia can only offer a 50% calorie reduction in soft drinks, the US success of mid-calorie cola Pepsi NEXT could silence some of the sweetener’s critics, says one analyst.
The American Bakers Association has submitted comments to the Food and Drug Administration (FDA) opposing a research proposal to examine how consumers might perceive labeling of added sugars on nutrition labels.
The US Environmental Protection Agency (EPA) has said it is “reviewing” the meat industry’s petition to the EPA to waive the federal mandate on corn ethanol production during the drought that is sweeping the US.
Canadian processor Maple Leaf Foods has reported improved profits for the second quarter, but warned that weather conditions could cause challenges in the year ahead.
Back in the early ‘80s when his tempeh business was getting off the ground, the meat alternatives category was not exactly brimming with mouth-watering options, says Tofurky creator Seth Tibbott.
The CEO of Beam Inc. claims tequila will yield attractive global growth in the long-term, as his firm boosted sales of its core Sauza brand in H2 2012 after an indifferent few quarters.
Chobani Greek-style yogurt manufacturer Agro-Farma Inc. is celebrating a major legal victory in Canada, after the country’s Federal Court dismissed a bid by rival firms to keep it off shelves.
Nestlé has launched a new beverage in the US called Juicy Juice Fruitfuls with 35% less sugar than regular juice, with the firm keen to tackle parental concerns regarding sugar intake.
Rev7 degradable chewing gum maker Revolymer is set to exploit Canada’s lucrative nicotine gum market following two distribution deals with pharmacies, its CEO said.
The Canadian government has announced a $600,000 project to improve testing for the bacteria behind the life-threatening food-borne illness listeriosis.
Obesity is a ‘global sustainability megatrend’ likely to take decades to address – but it could also provide opportunities for investors looking to support those industries aiming to be part of the solution, including parts of the food industry, according...
Quorn is outpacing rivals and bringing new consumers into a frozen meat alternatives category that has lost some momentum in recent years, claims its US boss.
Most Americans across the political spectrum would like to see more government regulation of food safety and food quality, suggests a new study published in the journal Food Policy.