The growing demand for nutritional food has had a positive impact
on the demand for flavours, with consumers unwilling to compromise
on taste according to a market analyst.
Givaudan has closed two production facilities in an attempt to
consolidate its flavour operating asset base and streamline its
savoury product portfolio.
Symrise is investing £1.5 million at its Nördlingen production site
in order to re-establish itself as a leading force in the global
beverage flavours market.
Netherlands based ingredient firm Exter claims to have discovered
an excellent source of vegetable protein, and plans to launch the
product in early 2006.
International Flavors & Fragrances is embarking on a unique and
unconventional marketing campaign involving a combination of
strange flavors and art for art's sake, in an attempt to remind its
customers how creative it can...
A strawberry milk flavoured fish sausage? Food makers are
increasingly using innovative flavours to differentiate their
products, according to market analyst Datamonitor.
Israeli flavors firm Frutarom has announced that distribution of
its products in Canada is to be taken up by Nealanders
International, a move in line with Frutarom's strategy to become
one of the world's top ten flavor players.
International Flavors & Fragrances saw a further drop in sales
in its third quarter, as it still struggles to overcome the impact
of the sale of one of its businesses last year.
Ending months of speculation, hungry US ingredients firm Cargill
strengthens pectin, lecithin and flavour positions, agreeing today
to buy the food ingredients unit of German chemical giant Degussa.
As a warning of safety procedures at flavour firms, a former
popcorn-plant worker in the US has been awarded $15 million (€12m)
after a jury found exposure to butter-flavouring fumes led to his
severe respiratory problems.
Tapping into lucrative opportunities for the growing organic
processed food market, Danish ingredients firm Chr Hansen rolls out
a package of flavours, colours and dairy cultures for organic
processors.
Number four flavours and fragrance group Symrise heads into the
second round of bidding for the food chemicals arm of German group
Degussa, reports Lindsey Partos.
Food and beverage makers looking to slash salt, as well as fat and
sugar, levels in their product ranges could benefit from a new
flavour system designed by ICI-owned firm Quest, reports Lindsey
Partos.
Ingredients firm Frutarom is targeting the growing US functional
ice cream market with a range of ingredients such as aloe vera to
"support inner beauty" and "relieve stress," writes
Anthony Fletcher.
International Flavors & Fragrances saw a sharp fall in
first-quarter profit, blaming falling sales and the sale of a
business last year in its results published today.
Condemned for contributing to the worsening health problems in the
population, food makers are under orders to slash salt levels in
their processed food formulations but replacing this cheap flavour
enhancer is a challenge for food...
Givaudan, the world's number one fragrance and flavour player, saw
sales in its flavour division slipping by 6.5 per cent for the
first quarter, impacted by a loss of products and a fall in prices,
writes Lindsey Partos.
Chr Hansen last week launched an ingredient aimed at meat producers
whose foods suffer from a lack of flavor after functional blends
and water are added to optimize their recipes, writes Philippa
Nuttall.
Equity firm-owned Symrise continues declared ambitions to become a
top three flavour player, announcing the acquisition of British
flavour manufacturer Flavours Direct, writes Lindsey Partos.
Four savory enhancers produced by food technologists Senomyx were
awarded FEMA GRAS last week. The flavor enhancers are aimed at
companies wanting to reduce the amount of monosodium glutamate
added to their foods.
Ambitious Irish ingredients and flavours firm Kerry sees costs
rising for the year and sales inching up by just over 1 per cent
for 2004, the company reports today.
Flavours and texturants firm Degussa will shrug off its fruit
preparation business to an American equity company in a sale that
prepares the ground for a total divesture of its remaining food
ingredients unit.
Flavours and texturants firm Degussa will shrug off its fruit
preparation business to an American equity company in a sale that
prepares the ground for a total divesture of its remaining food
ingredients unit.
The hurricanes that swept through the US last year caused great
devastation to many crops. Grapefruit prices, in particular,
soared, provoking flavor companies including IFF to come up with
alternatives, Philippa Nuttall reports.
Europe and the US continue to dominate demand in the €4.5 billion
flavours market, but Asia Pacific region is quickly catching up
thanks to high single-digit growth, reveal figures from a new
report.
International Flavors & Fragrances on Wednesday announced
higher profits for Q4, but sales dipped slightly as a result of a
poor performance from its European fruit preparations business.
A breakthrough into the US market boosts the bottom line for UK
natural flavours firm Treatt that saw sales for the year across the
Atlantic rising by over 40 percent to €10 ($13.29) million,
parallel to a sales dip elsewhere, writes...
A breakthrough into the US market boosts the bottom line for UK
natural flavours firm Treatt that saw sales for the year across the
Atlantic rising by over 40 per cent to €10 million, parallel to a
sales dip elsewhere, writes Lindsey...
Scientists have unveiled the first artificial throat for the food
industry that could lead to reduced development costs and faster
flavour development for food makers, writes Lindsey Partos.
Danisco has taken up the low-carb, low-sugar baton and run with it,
developing a line of flavors aimed at food manufacturers developing
artificially sweetened and reduced sugar beverages and dairy
products.
Reorganization activities in Europe caused a dip in International
Flavors & Fragrances' earnings in the third quarter of 2004,
but North America continued to see strong growth, particularly in
its flavors division.
Bolt-on acquisitions move ambitious Israeli flavours firm Frutarom
a step closer to its ambitions to reach the top ten flavour club
with the firm closing down on the purchase of IFF's fruit
preparations business in Europe.
Ending months of speculation, the flavours and texturants units at
Degussa, Germany's third largest chemicals group, are up for sale
as the firm looks at selling the food ingredients arm or finding a
partner for its business.
Number one flavour group Givaudan sees beverage and dairy sales
pulled down in Europe but despite slow-down in flavour operations
sales for the division offset a dip in fragrance for nine months to
September.
