Damage from Hurricane Ivan that struck the US last week could send
prices for peanuts, a common confectionery ingredient, rising as
reports suggest that virtually all of the nation's 2004 peanut crop
could be at risk.
Archer Daniels Midland (ADM) has been rewarded for its innovation
in the field of edible oils and fats for its development of the
NovaLipid line of zero and low trans fat oils.
Fiber-enriched products are the next big thing to hit the US health
food market after the low-carb fad, according to a survey carried
out by the Naples, New York database company Productscan Online.
Burcon NutraScience and the Fraunhofer Institute have concluded the
first phase of their investigations into the potential health
benefits of the canola proteins, Supertein and Puratein.
Ahead of new rules on the labelling of trans fatty acids in the US
due in 2006, biotech group Monsanto has designed low-linolenic
soybeans that can make a soybean oil for food firms looking to
eliminate trans fats in food formulations.
Huge swathes of products in the US have been deemed inappropriate
for consumers seeking to lose weight. But the processed cheese
brand The Laughing Cow, has benefited from one fad, with US sales
rising by more than 250 per cent after...
Natural foods group Hain Celestial Group has reported a mixed bag
of results for fiscal 2004, announcing a healthy 17 percent
increase in sales over the year, though net income was down on
2003.
Mitsubishi has strengthened its foothold in the North American food
market with its purchase of the ingestibles business of Dublin,
Ohio based Ashland Distribution.
The United States International Trade Commission (ITC) has decided
to pursue its investigation into alleged dumping of the
hydrocolloid ingredient purified carboxymethylcellulose (CMC) after
an initial complaint by Aqualan, a division...
With the market for certified organic products continuing to grow,
demand for organic hydrocolloids has also expanded - prompting the
leading supplier of hydrocolloids to the US food industry to launch
an organic version of its guar...
Brazil, a leading exporter of soybeans and key competitor with the
US, is worried that rising production costs for soybeans could eat
into local farm profits next season, while global stocks rise,
according to fresh figures from the...
Increased harvests for key food commodities could suggest a
near-term easing up of price pressures for ingredients companies
and food manufacturers but an overall draw-down in global stocks
means prices are still extremely vulnerable,...
US cranberry co-operative Ocean Spray will roll out a plumper
version of its health ingredient for use in bakery products onto
the European food market in the next few months, hoping to see
value-added ingredients boost a bottom line...
Openings for low-fat, weight-conscious foods are growing with new
findings suggesting US consumers believe they are to blame for
being obese. While confusion exists over artery-clogging trans
fatty acid, soy foods come out on top...
For the past 13 years, Proliant Dairy Ingredients and Hilmar Cheese
have worked together to develop whey protein and lactose products.
Hilmar now hopes to increase its presence in the functional foods
field by purchasing Proliant...
Rising commodity and ingredients prices continue to hit the global
food chain with US food giant Kraft the next in line to be hit by
price pressures suggesting that despite reasonable fourth quarter
figures, the soaring costs are...
As food makers continue to roll out new low carb food products to
meet the rise in demand from consumers, starch supplier MGP
Ingredients has agreed to link up with agri-giant Cargill to push a
new resistant starch product aimed at...
In what is likely to be a clear warning to food makers, McDonald's
faces a damaging court case after a US public interest group
accused the fast food giant of falling short of promises to remove
artery clogging trans fats used...
Thousands of food ingredient specialists will pour through the
doors of the Las Vegas Convention Center tomorrow to learn about
the latest formulations as the 2004 IFT annual meeting kicks off in
the gaming capital.
After months of unsuccessful talks, the US yesterday successfully
secured a World Trade Organisation panel to investigate its claim
that the Mexican 'discretionary tax' introduced for corn sweeteners
such as high fructose...
US giant processor Archer Daniels Midland (ADM) and currently the
world's number three food group will ramp up production capacity at
four of its key processing plants at the company's North American
Oilseed division.
Obesity levels in the US and Britain are among the highest in the
world, and it is not surprising, therefore, that it is in these two
countries that the debate over how to tackle the problem - and who
is to blame - is the most advanced....
US ingredients supplier Cargill has moved deeper into the
value-added juice market by selling off a large slice of its
Brazilian juice operations to two local companies.
As food developers and marketers are aware, bright colours hold a
strong appeal with children. Jumping on the back of this phenomenon
Danisco in the US has launched a new flavour concept to add to
milk.
US agri-giant Archer Daniels Midland (ADM) has stepped up
production of its trans-fat alternatives driven by increasing
market demand - and before new labelling rules come into force.
Burcon and Archer Daniels Midland (ADM) have completed the
technical phase of the commercialization of Puratein and Supertein,
canola proteins, expected to have a wide range of applications in
the food and nutraceutical industries,...
There are signs that rising commodity costs are pinching the length
of the food chain with US cereal product maker General Mills
warning that, despite strong fourth quarter figures, the soaring
costs will have an impact in the near...
US flavours giant International Flavors and Fragrances (IFF) has
avoided a hefty payout after a jury in the US ruled against four
popcorn factory employees who claimed a butter flavouring caused
harmful lung injuries.
US agri-giant Cargill has carved a deeper position in the European
chocolate market after Swiss firm Nestlé sold two cocoa processing
activities to the acquisitive private company.
Vegetable oils will take the lion's share of the oils and fats
market in the US as food makers continue to turn away from animal
fats in favour of vegetable alternatives. But as consumers increase
their health concerns, dietary...
Food processors looking to boost sales in reduced-fat fried foods
are currently in the sight of hydrocolloid supplier CP Kelco that
has adapted an existing oil barrier coating technology.
The bakery sector is keeping up the pace as the fastest growing
market in food enzymes in the US, although recent controversy over
genetically modified organisms is set to eat into market growth as
food makers think twice before investing...
As the food industry answers consumer health concerns expanding the
use of soybean-derived ingredients in food formulations, volatility
in price for the crop is set to continue with few signs that
supplies will improve this year.
Ingredients supplier Archer Daniels Midland (ADM) said on Thursday
that it had reached a $400 million (€333m) settlement in an
anti-trust case that claimed the US firm conspired to fix the price
of the food sweetener high fructose...
A common, but increasingly expensive and popular, food ingredient
is the focus of a new global initiative to protect production.
Ingredients firm Aarhus United has linked up with other
stakeholders in the food industry to push a plan...
The demand for ingredients that lift fibre levels and reduce
carbohydrate quantities has been a major boost for textured wheat
protein supplier MGP Ingredients, recently announcing plans to
expand production capacity, writes Lindsey...
If the biotech industry had first launched foodstuffs bursting with
health benefits for the consumer it is likely that shoppers might
have more readily accepted genetically modified foods, so claims
the former head of the US Food...
In a close vote cranberry co-operative Ocean Spray on Tuesday
snubbed a joint venture proposal from soft drinks giant PepsiCo,
instead opting to continue as a farmer-owned co-op.
Number one global xanthan gum supplier CP Kelco is on the auction
block as majority stakeholder merchant bank Lehman Brothers opts to
sell its slice in the leading hydrocolloid company, reports
Lindsey Partos.
Long term investments in added-value products contributed to
British starch group Tate & Lyle's end of year results with
strong US performance offsetting squeezed margins due to surging
raw material prices. A lift in demand...
Researchers in the US are to investigate the link between livestock
wellbeing and the risk of foodborne disease, a move which could
have widespread implications for animal husbandry and food safety.
Tate & Lyle, the British sugar and starches group, is to expand
production of the sweetener sucralose at its plant in the US to
meet increased demand for its Splenda brand.
US biotech crop pioneer Monsanto is to suspend the introduction of
the world's first biotech wheat, amid public outcry at the possible
risks of genetically modified crops and at Monsanto's aggressive
marketing tactics, writes...
With shortfalls in grain harvests progressively worsening over the
past four years, closing the gap will not be easy, says Lester
Brown at the Earth Policy Institute. He predicts this year may
witness another shortfall, bad news for...
Specific functional and nutritional benefits have boosted sales in
recent years for the fast growing, EU-subsidised milk protein
concentrate market. With export markets continuing to grow French
ingredients group Ingredia has linked...
Food makers and ingredients firm across the world are currently
affected by the rising world price for basic food commodities. In
each of the last four years world grain production has fallen short
of consumption, forcing a drawdown...
US-based Dow Agro Science has confirmed that its grain corn
containing an insect resistant trait has received regulatory
approval for import into China, reports Simon Pitman.
Smart risk management moves guided the world's leading oilseed
processor Bunge to a massive 75 per cent rise in income for the
first quarter as the price of soybeans reached 15 year highs on
poor crop harvests last year.
