A strong network consolidated over 100 years will continue to
secure supplies to the food and beverage industry for the popular
ingredient gum arabic, says German supplier Alfred L. Wolff,
reports Lindsey Partos.
National Starch celebrated official recognition of its Truetrace,
non-GMO program this week, but warned it will become more costly to
ensure non-contamination in the future, Philippa Nuttall
reports.
Seven months after the launch of P&G's fair trade coffees, the
company seems unlikely to extend its range unless consumer demand
becomes more vocal, reports Philippa Nuttall.
Monsanto yesterday raised its estimates for the company's
second-quarter earnings on the back of successful results from its
seeds and traits business.
Food makers using soybeans suffered further price increases last
month as a worsening drought reduced production in Brazil and
pushed US soybean prices in February up around $1 a bushel, said
the USDA this week.
Coke war drives innovation in diet drink sweetener formulations
with the number one soft drinks player Coca-Cola rolling out a new
aspartame and acesulfame potassium based cola onto the market,
writes Lindsey Partos.
Spice company McCormick said yesterday that its Q1 profits and
sales were lower than expected, pushed down by struggling vanilla
prices, but remained confident for the rest of the year, writes
Philippa Nuttall.
Leading merchant of cocoa, sugar and coffee ED&F Man has
launched Corigins, a US-based supplier offering traceable, quality
sugar and cocoa ingredients, Philippa Nuttall reports.
Chr Hansen last week launched an ingredient aimed at meat producers
whose foods suffer from a lack of flavor after functional blends
and water are added to optimize their recipes, writes Philippa
Nuttall.
Food manufacturers worried about listeria will now be able to use
the detection system created by DuPont Qualicon after it was
approved for use last week.
The Whole Grains Council yesterday launched its food stamp to the
general public at the Natural Foods Expo West show taking place in
Anaheim. Cynthia Harriman, head of the council, told Philippa
Nuttall how the food industry has reacted...
The low-carb trend and a general move towards healthy eating, plus
the ongoing search for convenience and ease-of-use were the three
factors that shaped the US breakfast market in 2004, according to a
new report.
The American Dairy Products Institute (ADPI) announced this week
that it will hold its International Whey Conference in September.
Autumn may seem a long way away when spring is only just in the
air, but for those in the whey industry...
The GMA said earlier this week that Americans are filling their
shopping carts with healthier foods and drinks, particularly whole
grains. Philippa Nuttall spoke to one firm to see whether
they had experienced an increase in sales...
Wineries are getting bigger and their businesses are therefore
exposed to greater risk. In a bid to help producers achieve greater
consistency, Danish ingredients firm Chr Hansen has created blended
yeasts, writes Philippa Nuttall.
Food manufacturers who are still not convinced that they need to
start taking a healthier approach should heed a recent survey by
the GMA, writes Philippa Nuttall.
Arla Food Ingredients seeks entry into the high growth European
sweetener market, making a bid for regulatory approval of its low
calorie, milk derived ingredient tagatose, reports Lindsey
Partos.
Chr Hansen plans to use this year's Cheese Industry Conference to
showcase the technology that it believes can improve production for
high volume manufacturers, Philippa Nuttall reports.
Facing the pressure of squeezed margins ICI-owned starch supplier
National Starch passes price rises onto the market, announcing an 8
to 10 per cent price hike for its tapioca based modified food
starches,reports Lindsey Partos.
Orange prices for fruit juice producers look destined to remain
high as March reveals yet another dip in the forecast for
production in Florida for the 2004-05 season.
Cereal and snack producer Kellogg will have the edge over
arch-rival General Mills over the next few years as superior
innovations in the premium health sector and a more focused product
portfolio drive the firm forward, writes Chris...
US oilseed and cocoa processor Archer Daniels Midland (ADM) said on
Monday it will post a gain of $93 million in its fiscal third
quarter, due to the sale of a 27.9 million share stake in UK starch
and sweeteners firm Tate & Lyle,...
Coca-Cola says it needs to take a more aggressive stance to
marketing its brands as a new report shows that the US carbonated
drinks market continues to struggle.
Contributing the biggest revenue stream to Givaudan, the flavours
unit posted sales of CHF 1.6 billion (€1 billion) sales in 2004,
representing stagnant growth on a like-for-like basis in Swiss
francs.
The agriculture secretary expressed his disappointment on Wednesday
that a judge has ruled to temporarily block plans to reopen the
border to young Canadian cattle.
We reported on Wednesday that sales of the sweetener neotame had
increased four-fold during the last 12 months. Philippa Nuttall
spoke to NutraSweet's CEO to find out the reasons for this success.
Strong sales of ketchup helped keep sales buoyant at Heinz during
the third quarter, though a write-down of its investment in Hain
Celestial provoked a 25 percent drop in earnings.
Sales of the sugar substitute neotame more than quadrupled last
year as food and beverage manufacturers searched for low calorie
alternatives in the face of rising obesity, said its makers,
writes Philippa Nuttall.
The sale of Chr Hansen's ingredients arm gains pace with reports
suggesting the unit could fetch nearly €1 billion ($1.31 billion),
writes Lindsey Partos.
Major food commodity processor and ingredients supplier Archer
Daniels Midland (ADM) will expand cocoa operations in Brazil to
match expansion of current product lines, the firm said this week.
The news this month that the world's number one drinks giant Coca
Cola has linked up with Tate & Lyle's Splenda sweetener in a
new branding venture could signal the beginning of a new wave of
ingredient - manufacturer...
PepsiCo has become the latest company to bow to pressure on the
food industry from the rising tide of obesity, introducing
voluntary restrictions on its advertising to children, according to
an article in today's London-based...
CP Kelco, now part of the JM Huber Corporation, has launched
Kelocogel HS-B gellan gum - a competitively priced alternative to
improve the suspension of soy, cocoa and minerals in soy-based
beverages.
Mexican-style sauce, pickles and peppers producer B&G Foods is
to close its Louisiana plant and move its operations to other
exisiting facilities in an attempt to be more efficient.
Flavours and texturants firm Degussa will shrug off its fruit
preparation business to an American equity company in a sale that
prepares the ground for a total divesture of its remaining food
ingredients unit.
Northland Cranberries said on Wednesday that it had sold its
branded juice business to Port Washington, New York based Apple
& Eve for around $10.8 million, causing the loss of 35 jobs.
Natural and organic food chain Wild Oats yesterday blamed a greater
than expected take up of its holiday rewards program and ongoing
expenses related to the opening of new stores for a
wider-than-predicted quarterly loss.
The acquisition of Multifoods boosted the Q3 earnings of leading
producer of jams, jellies and preserves JM Smucker, according to
results out last Friday.
Underlying the destructive power of foodborne disease against the
backdrop of the increasingly complex food industry, the head of a
food safety centre warns the rise in demand for food carries an
"invisible price tag".
Race for the next high margin ingredient continues as the UK maker
of Splenda sweetener signs off $46 million over the next five years
to invest in "next-generation food and industrial ingredients".