Analyst predicts food and bev winners and losers
Bernstein Research gives sales forecasts for the top 10 food and beverage companies worldwide up to 2014 with some predicted to gain shares and others to lose out.
Archives for May 23, 2012
LycoRed reports rocketing demand for lycopene-based red color as firms seek alternatives to carmine
Israeli lycopene expert LycoRed says it has seen a surge in demand for its tomato-based natural color Tomat-O-Red as a growing number of manufacturers follow Starbucks’ lead and seek a replacement for bug-derived colorant carmine.
Animal welfare group slams EU organics verdict
Compassion in World Farming (CIWF) has criticised the decision to recognise US organic food standards as equivalent to those in the EU.
Sugar becomes new bogeyman as fats take a back seat in new consumer survey
While consumer concerns about fats appear to have waned somewhat, the percentage of Americans blaming sugars for their expanding waistlines has almost doubled since last year, according to new research.
Brand loyalty stronger among social media users
Social media use is increasing, and that could be good news for manufacturers of branded products, as frequent social media users tend to be more loyal to name brands, according to new research from the NPD Group.
Farley's & Sathers and Ferrara Pan seal merger
US confectioners Farley's & Sathers and the Ferrara Pan Candy Company have reached a deal to merge the two companies to become the Ferrara Candy company.
General Mills agrees to buy Brazilian food maker Yoki
General Mills has agreed to buy Brazilian food maker Yoki Alimentos for 1.95bn reais (about $853m) in a move it says could double its annual sales in Latin America.
‘I’m off to save prostates’: POM goes on offensive with new ads post FTC ruling
POM Wonderful has gone on the offensive following a ruling on its legal battle with the Federal Trade Commission (FTC) from an administrative law judge (ALJ) with a bold series of new ads selectively quoting from his 335-page initial decision.