Cereal bar makers looking to slash carbohydrate and sugar levels
could find the solution in a new 'rebalance system' from sweetener
supplier Tate & Lyle, the company claims, writes Lindsey
Partos.
The most recent forecast for this year's California almond crop
signals a decline on that reaped 12 months ago, heralding an almost
certain price rise, reports Philippa Nuttall.
Melville, New York headquartered Comax Flavors, has opened a new
factory in Shanghai to serve the rapidly growing Chinese market,
the company reported yesterday.
Ice-cream manufacturers gearing up for the season should take note
as Haagen-Dazs and Unilever announce in the same week the
introduction of low-fat offerings for this summer, writes
Philippa Nuttall.
Price rises for soy-related ingredients are still under pressure as
drought, high production costs and a strong real all impact soybean
production for Brazil's 2004-05 crop, writes Lindsey Partos.
Growing consumer awareness of the importance of healthy oils and
food manufacturers' desire to eliminate hydrogenated oils from
their recipes have boosted sales for Spectrum Organic Products.
Fruit juice maker Old Orchard is once again making the most of
recent health research pertaining to various fruits, adding a
blueberry-pomegranate option to its range.
Decreased demand for low-carb products has continued to be a
headache for MGP Ingredients in the 3Q, decreasing earnings and
revenue compared to the same period last year.
Organic and low/no sugar are the tags food manufacturers should be
looking at adding to their packaging if they want their products to
enjoy strong and sustained growth, said AC Nielsen.
Ending months of speculation, the food ingredients arm of Chr
Hansen has a new owner: not a fellow industry player but
acquisitive private equity firm PAI partners, reports Lindsey
Partos.
Bunge said last week that its first-quarter profit shot up 40
percent on the back of increased soybean yields, provoking the
company to raise its outlook for the year, writes Philippa
Nuttall.
The growing organic business is gaining more attention from food
manufacturers. In an effort to understand better the benefits of
such products, Dean Foods and its WhiteWave Foods division have
donated $100,000 to the Organic Center...
Tate & Lyle was yesterday taken to task by environmental groups
and local residents over its plans to extend its Splenda factory in
McIntosh, Alabama, reports Philippa Nuttall.
Low growth and higher production costs in the US knock first half
profit for Chr Hansen's ingredients business, that posted a 9 per
cent fall in profit for the first six months of the year.
International Flavors & Fragrances saw a sharp fall in
first-quarter profit, blaming falling sales and the sale of a
business last year in its results published today.
Splenda's battle with the Sugar Association over its advertising
campaign seems to be doing little to dissuade food and drink
manufacturers and their consumers of its merits as Diet 7 Up
becomes the latest product to be made...
Syngenta Crop Protection today launched an early warning web-based
system to help growers protect their crops against Asian soybean
rust, the disease which has persuaded some US farmers to reduce the
number of acres planted with soy...
Pressure on soy prices likely to continue with a new report
revealing China is expected to reduce its principal soybean
planting area, while increasing corn and rice planting in 2005.
La Jolla, California based Senomyx yesterday reported its results
for the first quarter of 2005, focusing attention on its FEMA GRAS
certification and its recently extended contract with Nestle.
A soy-based egg replacer developed by food scientists at Unilever
heads to the US, as Alleggra Foods, the owner of the new
ingredient, signs a distribution, manufacturing and marketing
agreement with Tate & Lyle for the North...
The effects of last year's hurricanes are still making themselves
felt in the orange juice industry, where the price of juice is
rising, reports Philippa Nuttall.
The dispute between the sugar industry and McNeil Nutritionals
advanced a small step this week when a federal court in Los Angeles
ruled that the Sugar Association can continue its claim into
whether McNeil's Splenda campaign...
Responding to consumer and legislative pressures, international
food firms are slicing artery-clogging trans fatty acids from their
formulations,FoodNavigator.com spoke with Nestle to find out
how the world's number one food...
About half of US food producers that specify the use of
non-genetically modified ingredients in their products have little
understanding of the process involved, according to a recent
survey, writes Philippa Nuttall.
Ben & Jerry's last week claimed to be the first ice-cream maker
in the US to produce an ice-cream made with fair-trade coffee,
suggesting that ethically traded commodities can be good for
business as well as beneficial for...
Food chemists bring new knowledge to cut costs in the steady
European popcorn market, identifying a key crystalline structure in
popcorn that appears to determine its popping quality, reports
Lindsey Partos.
Oil ingredient supplier Archer Daniels Midland said on Wednesday it
will close operations at a Brazilian soybean crushing, refining and
bottling plant.
Ambitious US ingredients supplier Cargill boosts its war chest,
announcing a 35 per cent rise in profit for the third quarter of
2005, on gains from commodity trading and its animal feed and steel
businesses.
Innovative US biotech firm Diversa has linked up with the health
unit of agri-giant Cargill to identify and develop novel enzymes
for the 'cost- effective production of a proprietary product'.
Consolidation in the flavor industry evident as US flavor house
Technology Flavors & Fragrances announces its merger with
fellow flavor firm FFG Industries.
Making healthier and functional foods taste good is a major
challenge faced by formulators, but one that they may now find it
easier to meet thanks to Givaudan Flavours' introduction of
TasteSolutions for Health & Wellness.
Global stocks of soybeans continue to rise after a draw-down in
recent years, with production to reach 52.6 million tonnes in
2004/05, 15.2 million tonnes more than in 2003/04.
Givaudan, the world's number one fragrance and flavour player, saw
sales in its flavour division slipping by 6.5 per cent for the
first quarter, impacted by a loss of products and a fall in prices,
writes Lindsey Partos.
Corn Products International said on Wednesday that it expects
first-quarter diluted earnings per share (EPS) to decline 35
percent to 40 percent from the first quarter of 2004.
Foods touting health-related claims on their labels may enjoy a New
Year's sales boost but in most cases, higher sales do not last,
suggests research released by ACNielsen.
Suggesting continuing growth for booming sweeteners market,
researchers once again claim soft drinks provide a generous slice
of sugar to a child's diet.
NutraSweet has decided to restart a factory line in Georgia that
has been inactive since 2003 to increase production of the
sweetener aspartame, reports Philippa Nuttall.
