Kellogg and Wilmar’s 50:50 joint venture will dive into immediate opportunities in China’s developed snack market; using Pringles as its springboard, a Kellogg executive has said.
Kellogg’s recent recall of two cereal products following a metal mesh contamination scare will cost the firm between $20-30m and will hit consumer trust in the short-term, an analyst says.
The potential benefits of quinoa may extend to gut health, suggests the first study to report that polysaccharide fractions from the seeds may have anti-ulcer activity.
Cereal and snack bar products containing superfoods such as chia, quinoa and spelt are expected to perform well in the global market, according to analysts at Datamonitor.
The international weight management market was worth a whopping US$ 7.3 billion last year, and is expected to grow by up to 8 per cent for the next five years, according to Leatherhead.
Bakers and snack makers can enjoy some relief in price for wheat as bearish fundamentals for this valuable commodity provide a rosier, albeit hesitant, outlook for supplies.
Beneo-Remy has announced a price increase of 40 per cent across its
rice-derived ingredients portfolio to help counter the pressure of
greater demand on rice supplies and higher costs.
The industry body Grain Foods Foundation has revamped its logo -
used on the packaging of member products - in order to better
convey the link between grains and vitality.
The American Association of Cereal Chemists International (AACCI)
is meeting this week in Europe, where experts from the
international cereals and grains industry are discussing latest
developments in grain-based science and technology.
Alcoholic drinks makers could benefit from a new range of enzymes
that claim to increase production at the same times as
significantly reducing operating costs.
Barley and rye are underutilized whole grains, and although they
are considered to be minor cereal grains they have major health
benefits, heard food scientists and manufacturers last week.
The US Department of Agriculture (USDA) last week inaugurated a new
$5m addition to its grains research facility in Idaho, where it
plans to breed superior potatoes and grains such as wheat, oats and
barley.
World cereal demand is forecast to surpass supply in the coming
2006/07 marketing year, pushing down stocks to an uncomfortably low
level, according to the FAO.
Age and habit are key influencing factors when it comes to the type
of cereal US consumers choose to buy, according to a recent study
by Zogby International.
Supporting evidence for the health benefits of regular cereal
consumption, girls who eat breakfast cereal daily weigh less than
their friends who opt for a different morning sustenance, reveals a
new study.
With wholegrains fast becoming the new health trend, food and
ingredients companies are tripping over each other to launch new
products and marketing strategies in order to cash in on the craze
while interest is high.
A new laboratory designed to improve the quality of barley and oats
could have major implications for makers of breakfast cereals,
beverages and bakery goods.
Tighter supplies will lead to rises in prices for maize and coffee,
while the cost for rice, wheat, milk, oilcrops and milk will remain
stable or fall, according to the latest forecasts from the UN's
Food and Agriculture Organisation...
Australia, the world's second largest wheat exporter, may be facing
up to a 30 per cent fall in its grain production this year, says a
report released yesterday by the Australian Bureau of Agricultural
and Resource Economies...
New appointments this week in the ingredients industry include a
new director of marketing at Galaxy and a number of new department
of agriculture positions.
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...
Prices for key raw materials used by the food industry are lighter
this month on gains in wheat, corn and soybean inventories, but
analysts suggests wheat prices are open to upside risk.
Prices for key raw materials used by the food industry are lighter
this month on gains in wheat, corn and soybean inventories, but
analysts suggests wheat prices are open to upside risk.
Despite an upturn in global wheat, corn and soy production in 2004,
prices for food ingredients sourced from cereal raw materials are
likely to remain under pressure, writes Lindsey Partos.
Global drawdown in cereal stocks, the essence of a raft of
ingredients, may turn the corner this year as a new report from the
UN food agency predicts world cereal production will hit a record
2.04 billion tonnes in 2004, an increase...
Two of Britain's biggest agriculture companies, faced with an
increasingly unstable market and rising costs, have announced they
will merge to insulate themselves and compete more effectively
through local grain markets, writes...
Understanding the genetic make-up of rice will help scientists to
map the genomes of corn and sorghum crops, say US researchers, at
at time when scientists are keen to promote the gluten-free
benefits of sorghum in food formulations.
ADM, the US processor of soybeans, corn, wheat and cocoa for food
that sells extensively to Europe, saw profits in the first quarter
soaring by 77 per cent, fuelled by a drop in oilseed and grain
prices.
ADM, the giant processor of soybeans, corn, wheat and cocoa for use
in foods, saw profits in the first quarter soar by 77 percent,
fuelled by a drop in oilseed and grain prices.
A rise in global stocks of wheat after a 30-year low will offer
continued relief to the tighter prices experienced by the food
industry in previous years, but the food chain still needs to stay
on the alert.
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...
As grain stocks are depleted across the world, China's food
producers have found sourcing the commodity an increasingly
expensive and time consuming issue, writes Simon Pitman.
However, a report from independent intelligence...
As the buffer zone for global cereal stocks continues to fall and
raw material prices rise, the UN-backed Food and Agriculture
Organisation (FAO) warned this week that cereal stocks will
continue to fall, predicting that although...
French starch supplier Cerestar, a subsidiary of US agri-giant
Cargill, will tackle the stagnant European bakery market rolling
out a new generation of cold water swelling starches targeted at
bakery products with fruit, cream or...
A hardy winter cereal crop could soon be a common sight in European fields as scientists in France present the fruits of 30 years of labour in the labs.
Consumers in the UK can eat their porridge safe in the knowledge
that their oat products are free from harmful toxins - mycotoxins -
after an extensive survey in the UK found very low traces, if none
at all, of the contaminant in...
Higher world populations and changes in dietary patterns - notably
in emerging economies - are leading to a steady increase in food
demand which will have a positive impact on world grain prices,
says a grains analyst this week.
