Retailers must be quick to accept and quick to discontinue new
products if they are to succeed in the changing retail landscape,
according to a new report.
A federal court has dismissed a lawsuit brought by McNeil
Nutritionals, the marketer of Splenda, against the Sugar
Association, accusing it of false advertising.
UK company Multiple Marketing has developed a new range of
functional cereal bars in an attempt to cash in on the increasing
demand for nutritionally beneficial and innovative wellness
products that deliver functional health benefits.
The Sugar Association has filed a petition with the Food and Drug
Administration (FDA) requesting the establishment of a clear
definition for the use of the term 'natural' on food and beverage
product labels.
Archer Daniels Midland (ADM) has launched a multi-lingual website
in a marketing effort to provide international customers with easy
access to information on its product portfolio.
A recent report by Information Resources Inc. (IRI) examines the
health and wellness sectors of the food industry, revealing which
areas are best poised for growth.
Quebec-based Advitech said today it has reached an agreement with
US company PhotoMedex to market and distribute its whey-derived
psoriasis supplement in the US.
Food manufacturers and retailers will be able to tell if a
particular marketing campaign or the introduction of a new product
is likely to be successful by studying the state of the nation's
economy, according to a new report.
A change in attitudes towards branded ingredients amongst
manufacturers means that companies are devoting resources to
communicating directly with consumers. But do consumers really have
the stomach for ingredient brands, or do they...
Archer Daniels Midland last week posted a significant dip in
first-quarter net income, but indicated that the year ahead could
be a good one for agricultural ingredients companies as a result of
good US harvests.
UK sweetener supplier Tate & Lyle announces it will host a
series of presentations to American investors over the coming days,
news that sees the firm's shares jump.
Sucralose supplier Tate and Lyle warns profits at its European
sugar refining business have been "substantially reduced"
due to higher costs and oversupplies.
US sales of wholegrain cookies have skyrocketed 1,364 per cent in
the past year, marking them as the nation's fastest growing
wholegrain bakery product, according to market researcher AC
Nielsen.
If food manufacturers can achieve a better understanding of how
consumers interact with brands, then product development could be
less of a hit-and-miss affair, writes Anthony Fletcher in New
Orleans.
Kansas Wheat Commission administrator David Frey is off to
Afghanistan, Symrise has a new CEO while Kyowa Hakko has appointed
a new marketing manager in order to break the US market.
Growing consumer awareness of the importance of healthy oils and
food manufacturers' desire to eliminate hydrogenated oils from
their recipes have boosted sales for Spectrum Organic Products.
Organic and low/no sugar are the tags food manufacturers should be
looking at adding to their packaging if they want their products to
enjoy strong and sustained growth, said AC Nielsen.
Low growth and higher production costs in the US knock first half
profit for Chr Hansen's ingredients business, that posted a 9 per
cent fall in profit for the first six months of the year.
Spice company McCormick said yesterday that its Q1 profits and
sales were lower than expected, pushed down by struggling vanilla
prices, but remained confident for the rest of the year, writes
Philippa Nuttall.
The news this month that the world's number one drinks giant Coca
Cola has linked up with Tate & Lyle's Splenda sweetener in a
new branding venture could signal the beginning of a new wave of
ingredient - manufacturer...
The news this month that the world's number one drinks giant Coca
Cola has linked up with Tate & Lyle's Splenda sweetener in a
new branding venture could signal the beginning of a new wave of
ingredient - manufacturer...
Soy isoflavone research firm Nutri Pharma is embarking on a new
strategy designed to eliminate risk relating to reliance on
marketing partners for its intellectual property.
The ingredients division of Danish cultures and colours firm Chr.
Hansen pulled in a DKK 369 million (€49m) profit for the year on
sales of DKK 3.4 billion (€460m), a slight dip on the previous year
on rising costs.
Barry Callebaut, the world's top supplier of industrial chocolate
to the confectionery industry, has delivered strong profit for the
year, boosted by the integration of recently acquired US
confectionery firm Brach's and...
European bakery ingredients leader CSM will chip away at its German
subsidiary as the firm announces job cuts and restructuring efforts
to bring about savings and underline its focus on becoming an
international bakery supplies player.
First half sales at Aarhus United fell 3 per cent, eroded by price
competition in bulk oils, but improved volumes, particularly in
Mexico, and reduced costs helped it generate solid operating
profits.
A rise in product costs clipped half year figures for international
colours and flavours group Sensient Technologies as the firm
reports a 15.8 per cent drop in profit for the first six months.
Weak sales of fruit preparations hit European sales for number two
flavours group International Flavours and Fragrances (IFF) with the
firm reporting an overall drop in sales for the region but growth
elsewhere keeps firm on track...
Marketing and sales strategy pays off for UK-based firm Muntons
Malted Ingredients (MMI) with turnover increasing more than three
times in as many years.
Leading chocolate ingredients supplier Barry Callebaut is targeting
the European chocolate and cappuccino vending mix business with the
acquisition of cappuccino mix company AM Foods from Nordic dairy
firm Arla Foods.
Growing consumer awareness of the health benefits of soya
consumption is reinvigorating sales of soy drinks in south-east
Asia, according to a new report from OrganicMonitor. And while the
category is dominated by Asian manufacturers,...
Acquisitive ingredients firm Kerry will spend €170 million on four
bolt-on flavour acquisitions announced yesterday as the €3.7
billion Irish company continues to consolidate its position in the
highly competitive flavours market....
Raising consumer awareness of functional foods generally falls into
the hands of food manufacturers. But recently formed soy
ingredients firm The Solae Company announced this week that it will
invest millions of dollars in a TV campaign...
UK manufacturer of aroma chemicals for food, Oxford Chemicals, made
moves this week to extend the company's reach in the US signing on
a US company for distribution.
Regular consumption of the sugar replacer Isomalt appears to have a
prebiotic effect on gut bacteria, according to preliminary findings
of a study being carried out in Germany.
A sluggish market hit by falling exchange rates, unrest in the
Middle East and SARS in Asia all contributed to a drab organic
revenue of 2 per cent for the year, Danish ingredients company Chr.
Hansen reported this week. But the tide...
Leading ingredients firm Danisco has announced its second licensing
deal for the Howaru probiotic strain with Chile's biggest dairy
processor Soprole. The agreement looks set to generate significant
interest among food makers...
Facing up to the current challenging economic climate Danish
ingredients company Chr Hansen last month lifted previous profit
forecasts for the year on the back of decent ingredients growth and
higher exchange rates. Next week at...
US spice giant McCormick & company posted an improved set of
figures for the third quarter boosted by strong sales, acquisitions
and better distribution.
A new alliance, the first of its kind in Denmark, aims to focus on
new technologies to lead to faster and more targeted production and
marketing of new products for the dairy industry. Danish enzyme
company Novozymes will join up...
Cognis Nutrition and Health used the Vitafoods exhibition taking
place in Geneva, Switzerland this week as the right platform to
launch its Tonalin CLA to the European market.
Lower sales volumes and higher selling expenses resulted in a drop
in net sales for the first quarter ended 31 March 2003 for US
company Technology Flavors & Fragrances (TFF).
