Brazilian producers are hoping to recapture lost ground after China announced it was lifting its ban on the country’s beef, imposed following the discovery of BSE in 2012.
Smithfield Foods has reported a record increase in net profit for its first quarter (Q1), as well as good returns for packaged food and a better export environment.
Mondelez International has fallen short of sales expectations in the third quarter (Q3) as the slowing Chinese economy dented consumption, particularly in its biscuit category.
Lancaster - a new soft caramel brand launched by Hershey in China earlier this year - will be rolled out across the US in January 2014, bosses at the confectionery giant have revealed.
A recent TV news segment on the subject of ginseng poaching raised the specter of the plant’s possible extinction in the United States. While that fear may be overblown, there’s little doubt that a number of factors (including overharvesting) are working...
CP Kelco and Jungbunzlauer welcome the determination
Imports of xanthan gum from China have been hit with anti-dumping duties following an investigation by the US International Trade Commission (USITC) and the US Department of Commerce.
A month after announcing a deal to buy baby food firm Plum Organics, Campbell Soup has unveiled plans to acquire Kelsen Group A/S, a Danish producer of baked snacks that has developed a significant presence in China.
If Hershey arrived in China later than some rivals, it has more than made up for lost time since, delegates at the Food Technology & Innovation Forum in Chicago learned this week.
A longstanding vitamin C price fixing case has reached conclusion with a $162 million judgment in the case involving four Chinese companies. While its a victory for the concept of private enforcement, it doesn’t mean cartel behavior by Chinese companies...
The confectionery industry is not immune to economic recession and must exploit opportunities in emerging economies to grow, according to an analyst from Goldman Sachs.
China will be the number two market behind the US for Hershey within five years, predicted senior executives at the Consumer Analyst Group of New York (CAGNY) conference yesterday.
KFC parent company Yum! Brands has moved to reassure over the safety of its food after concerns over antibiotics used by two chicken suppliers to KFC China caused sales in the region to plummet.
US cereal giant Kellogg has struck a 50:50 joint venture with Chinese agribusiness monopoly Wilmar International that will manufacture and sell cereals and snacks across the country.
Firms sourcing sucralose from China are struggling to secure supplies owing to a combination of factors including rising demand as sugar prices rise, electricity shortages in southern China and tighter enforcement of environmental legislation, FoodNavigator-USA...
GLG Life Tech has posted higher third quarter profits, driven by increased stevia sales in China, growing demand for natural products in North America and global health concerns, the company has said.
China’s reputation as an ingredient supplier has suffered from a spate of food safety problems – but the food industry should not paint all China-based companies with the same broad brush, says stevia supplier GLG Life Tech.
Stevia supplier GLG Life Tech has signed an exclusive supply agreement with Fengyang Xiaogangcun Yongkang Foods High Tech Co. Ltd. (FXY) for distribution of its stevia products in China.
Products such as confectionery, biscuits and juice products are experiencing double-digit growth in China with this consumer demand fuelling an increase in the country’s sugar imports, according to a USDA report.
US companies and dairy industry representatives are sending delegations to China to boost trade following the melamine scare which has led to an increase in demand for alternative milk sources.
Companies are spying opportunities to market soy based products as a replacement to dairy following the melamine milk crisis that hit China and echoed across the globe.
The melamine milk crisis throws up some serious questions that foreign food firms must ask before they hop aboard a joint venture to take them into China. What food safety features is it fitted with? And are they robust enough to be life-savers if disaster...
Biogin Biochemicals has received a patent for its standardized flax
seed extract, AlaLife Flax Lignan, as the Chinese botanicals
supplier bids to develop its international presence in the foods,
beverages and cosmeceuticals sectors.
DSM Food Specialities is opening a new process flavour plant in
Xinghuo, China, which it says will expand its product range and
double capacity to make the Dutch company becomes the largest
process flavour maker in the world.
China is one of five nations worldwide set to drive massive growth
of in the carbonated drinks market by 2011, according to a new
report by consumer analyst Euromonitor.
Food and retail group Associated British Foods (ABF) is actively
looking for opportunities to increase its presence in China's
ingredients market, and could make an acquisition in the coming
year, according to the unit's...
Chinese regulators are developing standards for bovine colostrum,
the first milk from cows that has a growing following as a health
product among Chinese consumers.
If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
Cargill has taken full control of its xanthan gum joint venture in
China, opening the way for it to take a bigger share of the
competitive gums market.
The recent regulatory approval for a fruit-derived natural
sweetener could open new doors to food and beverage manufacturers
looking to clean up their product labels.
DSM's development of a patented new flavour technology in China
illustrates how increasingly important this region is becoming to
European flavour firms.
As Chinese producers move in on western markets, the first response
by many established players is to protect and defend their previous
market positions. It's a doomed strategy.
Melville, New York headquartered Comax Flavors, has opened a new
factory in Shanghai to serve the rapidly growing Chinese market,
the company reported yesterday.
Pressure on soy prices likely to continue with a new report
revealing China is expected to reduce its principal soybean
planting area, while increasing corn and rice planting in 2005.
Honey producers in China began exporting to the EU for the first
time in nearly three years last week after the authorities in
Brussels lifted a ban imposed amid safety concerns.
Number one natural colours firm Chr Hansen makes inroads into the
lucrative Chinese market, this week unveiling a new food colour
factory to meet a rise in local demand, and marking the first step
in a raft of investments in the region.
Number six global flavours player Takasago International has
established a new division in Shanghai aimed at expanding its
manufacturing and retail presence in China as well cutting costs.
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...
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.
China's massive drive to reduce the damage done by vitamin and
mineral deficiency, particularly to children, is paying rich
dividends for its economy, say children's charity UNICEF and the
Chinese Ministry of Health.
