High energy costs bite into margins for the number one pectin
player CP Kelco with the company passing the prices onto the
market, announcing increases for a range of hydrocolloids in its
portfolio.
Cocoa prices have leapt in London, driven by fears that instability
in Ivory Coast, that produces some 40 per cent of global crops,
could impact supplies.
Barry Callebaut, the world's top supplier of industrial chocolate
to the confectionery industry, has delivered strong profit for the
year, boosted by the integration of recently acquired US
confectionery firm Brach's and...
Philadelphia-based FMC BioPolymer, the number one supplier of
food-grade carrageenan, will raise prices for this gum by up to 8
per cent as raw material costs cut into margins, suggesting that
cheaper alternatives, such as the semi-refined...
Month-on-month growth for Tate & Lyle's zero calorie sweetener
combined with a faster than expected decline in European cereal
prices helped the UK firm post a high single-digit rise in profit
for the first half of the year,...
Danish colours firm Chr Hansen has launched its first natural blue
food colour onto the market, targeted at food makers looking for
alternatives to the synthetic blues currently used in their food
designs, reports Lindsey Partos.
As governments challenge the high consumption of salt in their
citizens' diets, US researchers shed light on a controversial
30-year-old theory that the high rate of hypertension in certain
ethnic groups is caused, in part, by...
Food manufacturers using pecan nuts in their food products can
expect a hike in price as recent hurricanes in the US destroy
nearly half the crops in major producing states.
Evidence backing the health promoting benefits of chocolate
continues to mount, bringing dynamism to slacking sales, reports
Lindsey Partos. Researchers from Spain have discovered that
polyphenols found in cocoa extract influence...
The world's number one caramel colour supplier DD Williamson is
driving deeper into the Nordic countries, signing a deal with
Swedish food distibutor Norfoods to build growth in the
increasingly mature caramel colour market.
Bolt-on acquisitions move ambitious Israeli flavours firm Frutarom
a step closer to its ambitions to reach the top ten flavour club
with the firm closing down on the purchase of IFF's fruit
preparations business in Europe.
After a slightly slow start to the year, the confectionery group
Hershey Foods, saw sales rise and the gross margin expand in the
third quarter, despite rising commodity costs.
Health-promoting compounds found in honey could make this
ingredient a more attractive option for food makers currently using
bulk sweeteners such as high-fructose corn syrup and looking to
jump on board the growing health foods trend,...
European bakery ingredients leader CSM will chip away at its German
subsidiary as the firm announces job cuts and restructuring efforts
to bring about savings and underline its focus on becoming an
international bakery supplies player.
Chr Hansen breaks into the lucrative Chinese market constructing
its first production facilities to provide more flexibility to
serve the burgeoning local food industry, reports Lindsey
Partos.
Brussels will fight to appeal against a new decision by the World
Trade Organisation that rules the EU illegally subsidises exports
of sugar, ruling in favour of a legal challenge by Australia,
Thailand and Brazil, the world's...
Risk assessment and market predictions translate into new pectin
opportunities for Danisco that will break ground on a new pectin
plant in Brazil, to be up and running by 2007, reports Lindsey
Partos.
Prices remain steady for cocoa, despite news that the start of the
new cocoa harvesting season from the world's biggest producer,
Ivory Coast, has been delayed due to a dispute.
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.
Chocolate makers could see savings from new research that sets out
to tackle the common problem of fat bloom, an unsightly white
powdery film that forms on the outside of chocolate, writes
Lindsey Partos.
In a move to focus on its retail business, Swiss baking aid firm
Hero has sold UK bakery ingredients division Renshaw Scott to UK
sugar ingredients company Napier Brown Foods.
Swedish oils and fats firm Karlshamns, which saw its profits slip
at the end of 2003, has acquired UK flaked fats company Kelanco,
and with it a drive into value-added speciality fats for the
booming UK convenience food market.
More research has underlined the heart health benefits of dark
chocolate, shown in a Greek study to improve healthy blood flow and
prevent clots forming.
Food makers will be encouraged to use a low-calorie sweetener
supplied by Danish ingredients firm Arla Food Ingredients with a
new study showing a chocolate bar made with the prebiotic
ingredient is very low in glycaemic load (GL)...
Despite a squeeze on ingredients prices and global volatility in
key commodities, adept risk management tools help agri-giant
Cargill deliver a strong performance for the year, with sales in
the last quarter rising by a considerable...
UK confectionery firm Glisten Confectionery has gained a stronger
foothold at the higher end of the confectionery market after food
ingredients business Kiril Mischeff sold its House of York toffee
brand to the Blackburn-based firm.
Marketing and sales strategy pays off for UK-based firm Muntons
Malted Ingredients (MMI) with turnover increasing more than three
times in as many years.
Competition for European suppliers of honey has ramped up with
Brussels clearing the way to end a two year ban on food imports
from China which should pave the way for cheaper raw materials for
honey formulations.
The French are among the most frequent breakfasters in Europe,
according to a recent study - but traditional tastes are changing
rapidly with cereals beginning to take considerable market share
from the less trendy crackers and biscuits....
Hanging as a persistent threat to the chocolate industry witches'
broom disease is capable of wiping out entire cacao crops and
sending the price of chocolate rocketing. Despite ongoing research
into the threat confirmed by the...
Leading chocolate ingredients supplier Barry Callebaut is targeting
the European chocolate and cappuccino vending mix business with the
acquisition of cappuccino mix company AM Foods from Nordic dairy
firm Arla Foods.
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.
Despite cheaper alternatives to cocoa butter on the market and new
European rules allowing vegetable fats in chocolate formulations,
uptake for the replacers has been slower than expected as reticent
food makers and marketers stick...
A new report on optimising food texture and rheology has been
published to help food manufacturers achieve the specific qualities
consumers are looking for, reports Anthony Fletcher.
Findings from a new report from the Geneva-based World Trade
Organisation suggest today's highly processed food industry will
continue its thirst for ingredients, writes Lindsey Partos.
In the past two decades international trade...
Stable Micro Systems has developed a probe that it claims can
accurately determine the firmness and texture of a number of foods.
The analyser works by penetrating the food in several places to
give an average reading.
On 1 May an historic moment marked the entry of ten countries and
75 million consumers into the European Union. Churchill's 'Iron
Curtain' has been consigned to the history books, heralding
democracy, stability and...
Sugar prices look set to rise in the accession countries by up to
60 per cent, warns the European chocolate and confectionery body
CAOBISCO this week, predicting major set backs for food
manufacturers installed in the zone. The warning...
Sugar giant British Sugar helped boost six month results for its
parent, food and ingredients firm Associated British Foods, which
this week reported double-digit growth in profits. But
international agency Oxfam has criticised the...
Anticipating growing pressure on UK food manufacturers to cut the
trans fats from food products, UK fudge and toffee ingredients firm
Food Design joins the growing number of ingredients companies to
offer alternatives, launching a...
Participants at the annual meeting of the Association for
Chemoreception Sciences later this month will learn that cinnamon -
as a flavour or fragrance - could boost brain simulation related to
attentinal processes, according to...
Expecting a higher uptake of vegetable fats by European chocolate
manufacturers following the new '5 per cent' chocolate rule, Danish
oils and fats supplier Aarhus United sees a drop in income for
2003, compounded by currency...
Plant closures and 'competitive pressures?saw profits slide for US
sugar giant Imperial Sugar despite a rise in operating income for
the first quarter. Global sugar surplus keeps the prices down and
competition up.
War and disease have marked volatile prices for cocoa in the past
three years, peaking at 17 year highs in 2002 when the Ivory Coast
?source of two fifths of the world cocoa crop ?endured civil war.
Research into genomes could contribute...
German sugar giant Suedzucker willl break ground on a new plant to
produce bioethanol fuel from wheat at Zeitz in East Germany.
Earmarked for completion by 2005, the plant will operate in
conjunction with the local sugar factory.
Long awaited rules on the use of the sweetener sucralose entered
into European law last week, ushering in new market opportunities
for suppliers of this zero calorie product.
Millions of euros will be poured into three major
'farm-to-fork?research projects, the Commission said yesterday, to
reinforce R&D co-operation at a European level and bring a
monetary boost to the increasingly complex food...
The movement of foodstuffs within the European boundaries will be
changed forever once the next step towards an enlarged Europe takes
place. Food and Life Sciences lawyer Raymond O’Rourke takes us
through a detailed look at some of...
Ayana Bio conducted the Ultra-Processed Food (UPF) Pulse survey, offering insight into consumers’ willingness to consume UPFs, as well as the variables...
Join Ingredion for a practical conversation on how food and beverage brands are letting consumers eat cake AND feel good about their indulgent choices...