No quick fix for gum as Mondelez chews over mixed results
Mondelez International is still struggling to revive the ailing gum category and believes a turnaround will take at least two years.
Archives for February 14, 2013
Hi-Maize resistant starch may replace flour in foods with minimal sensory impact
Resistant starch can effectively replace flour in foods like muffins, focaccia bread, and chicken curry to boost the fiber content without affecting the sensory characteristics, says a new study from Texas Woman’s University.
TIC Gums: When a gum arabic disaster plan proves a success
Texture and stabilization specialist TIC Gums is now strong in gum arabic replacement for confection coatings, but this business shift started as a mere disaster plan, its president says.
Buffett investment group Berkshire Hathaway teams up with 3G to buy Heinz in $23bn mega-deal
UPDATED - H.J. Heinz Co. has agreed to be acquired by Warren Buffett’s Berkshire Hathaway investment firm and Brazilian private-equity giant 3G Capital for $23.3bn, in what it claims is the largest deal ever struck in the food industry.
CEO LARRY YOUNG WARNS ATTACKS ON CARBONATES WILL CONTINUE
Dr Pepper Snapple risks ‘big swing’ on critical TEN calorie platform
Dr Pepper Snapple CEO Larry Young warns that US health lobby attacks on carbonates will persist, as his firm gears up to spend millions marketing new 2013 launches on its ‘critical’ low-calorie TEN platform.
Patented process boosts polyphenol content in roasted coffee
Applied Food Sciences Inc. has obtained a US patent on its technology that allows roasted coffee to retain its full suite of polyphenols.
50 Cent ‘really hands-on’ with powerhouse energy shot brand: SK Energy CEO
SK Energy CEO Chris Clarke tells BeverageDaily.com about rapper Curtis ’50 Cent’ Jackson’s passion for their energy shot brand, and plans to cement the US No.2 spot by selling 40-50m units in 2013.
Gatorade G Series Fit failed because it offered 'entry level products to advanced users at high prices’, says Euromonitor
Growth in the US sports nutrition market has been pretty explosive in recent years, but the failure of high profile launches such as PepsiCo’s Gatorade G Series Fit range shows that even the biggest players sometimes get things badly wrong, says one...
CONSTELLATION BRANDS APPEARS CLEAR WINNER UNDER REVISED DEAL TERMS
AB InBev agrees $2.9bn asset sale to shake off Feds over Modelo deal
Anheuser-Busch InBev (AB InBev) has agreed to sell a massive Grupo Modelo brewery to Constellation Brands as part of a $2.9bn transaction, to defuse a US legal fight over its takeover of the Mexican brewer.
Happy Valentine’s says the NCA… Let’s celebrate by reforming the sugar regime…
The National Confectioners Association (NCA) celebrated Valentine's Day with a renewed push for reform of the sugar regime.
PepsiCo CEO promises ‘disruptive’ innovation: Novel natural sweeteners, flavorings, could ‘alter the trajectory of our cola business’
PepsiCo says it is exploring novel natural sweeteners and flavorings that will bring “disruptive innovation” to the cola market.
Dean Foods commends Fresh Dairy Direct Q4 performance
US dairy giant Dean Foods has reported better-than-expected profit for the last three months of 2012 – a result it has attributed to better “cost control and effective pricing” from its Fresh Dairy Direct business.