Valued at $28bn globally and expected to grow another $8.3bn by 2020, according to Euromonitor, the instant coffee market is taking developing areas of the world by storm but not gaining much traction in developed ones.
Central and Eastern Europe represents good opportunities for
healthy ingredients, but there is still a need to educate both at
industry and consumer level, says Beneo Orafti.
Palatinit is taking heart from market data indicating strong
potential for the sugar-free confectionery market in Europe, as it
steps out of a diet and diabetic-only niche and into the
mainstream.
Ingredients firm Archer Daniels Midland (ADM) is to consolidate its
position in Eastern Europe's burgeoning market for sunflower seed
by gaining control of a plant in the Ukraine.
Central and Eastern European sugar processors are bearing the brunt
of new EU reforms due to dominant Western European companies within
the industry acting in a political and not economic manner, claims
an agricultural expert.
Ingredients giant Tate & Lyle is considering the sale of its
Food & Industrial Ingredients, Europe (TALFIIE) division, in a
move designed to sharpen its focus on value added ingredients, the
firm announced yesterday.
Ambitious US ingredients supplier Cargill boosts its war chest,
announcing a 35 per cent rise in profit for the third quarter of
2005, on gains from commodity trading and its animal feed and steel
businesses.
Danish ingredients giant Chr Hansen, currently on its 'magical
sensory tour' across Eastern Europe, has unveiled new products in
Russia to inspire local manufacturers, Angela Drujinina
reports.
