Early predictions from Whole Foods Market about what will be hot suggests 2018 will be a year of contradictions with consumers balancing health and indulgence, while at the same time pursuing both bold and subtle new flavors.
On the move
Mondelēz and the Topps’ confectionery division Bazooka Candy Brands have announced new leaders for their North American businesses.
Earnings call takeaways
Mondelēz has identified e-commerce as core to future growth as it faces tough competition in US biscuits and weak demand in the Middle East.
Euromonitor International has pinpointed several promising chocolate markets that may help manufacturers offset slowdowns in traditional emerging markets such as China and Brazil.
Dairy and vegetable oil price drops have led the FAO Food Price Index to its lowest level in six years.
Latin America, the Middle East and Africa are hot on the heels of the US and Europe in packaged cheese, and growth is set to stir up plenty of future M&A activity, says Euromonitor International.
Live from Gulfood Manufacturing 2014
Cargill Foods has launched a commercial operation for METNA (Middle East, Turkey & North Africa) to operate under one business sector.
Food Security Index update
Kuwait has the world’s highest percentage of obese people – 42.8% of its population is obese – and the next four fattest countries are also from the Middle East region, according to an updated Food Security Index (FSI).
The USA is a key market for Australian beef and lamb exports and its importance is growing: Australia’s beef exports by volume to America shot up by 53% in the first half of 2014, [calendar year] compared with the same period in 2013, making America its...
American bakers either bake from scratch or buy pre-prepared, but in Europe there’s more demand for a convenience middle ground, says Dawn Foods.
The acquisition of Pringles back in 2012 has tripled the scale of Kellogg in some emerging markets – completely changing the nature of business, its CEO says.
Jelly Belly is hopeful of international growth after an innovation splurge saw it introduce 50 new products at one show, including the world’s first beer flavored jelly bean.
Organic and natural products giant Hain Celestial Group has acquired UK-based specialty rice products company Tilda - known for its Basmati rice - for an undisclosed sum.
Premium popcorn maker POP! Gourmet Popcorn has struck a deal with a leading retail and hospitality conglomerate in the Middle East that will significantly boost its presence in international markets.
Brazil is set to smash the $6bn mark on beef exports before the end of the year, setting a record high for the South American meat giant.
PepsiCo has officially opened a food and beverage innovation center in China to serve as a hub of product, packaging and equipment innovation for the business throughout Asia.
‘Natural’ megatrend powers handsome Chr Hansen results; shares jump
Surging demand for natural colours, ongoing emerging markets growth, coupled with steady performances in core cheese, meat and cultures and enzymes businesses has delivered healthy Q3 results for Chr Hansen.
Wild Flavors International welcomes COO
Wild Flavors International has appointed Cosimo Trimigliozzi as COO to develop an organisational plan for accelerated growth.
Food makers struggling to offset higher commodity costs: CAGNY
Several major food manufacturers are struggling to offset higher commodity costs with price increases, according to company executives at the Consumer Analyst Group of New York (CAGNY) conference.
Nestlé opens $136m Dubai factory
Confectionery giant Nestlé has officially opened a (USD) $136m manufacturing facility in Dubai which is set to become the third largest Kit Kat plant worldwide.
US trains Bangladesh on aquaculture safety
Experts from a US food safety watchdog are training scientists from Bangladesh on techniques to help eliminate health hazards from the country’s burgeoning aquaculture industry.
The Russian ban on grain exports will boost profits at ADM, Cargill and Viterra in the coming months, according to credit ratings agency Moody’s.
Processed cheese growth keeps cheddar volumes steady
The volume of cheddar sold globally remains steady thanks the growing popularity of cheddar-based processed cheeses in emerging markets, according to a new market report.
Cargill targets Middle East with new texturizing presence
Cargill is stepping up its sales capacity in the Middle East with a
new base in Dubai for Texturizing Solutions that will allow it to
collaborate more closely with customers in the region.
Wild leads the way in Middle Eastern beverage market
Ingredients supplier Wild has this week opened its first beverage
ingredients manufacturing site in the Middle East, building on the
growing demand for soft drinks in the area.
European Muslims are hungry for more Halal, expert
European Muslims are underserved by Halal food options, says
certification expert from Singapore, while Southeast Asia and the
Middle East are eyed by certified Western companies keen on
Wild targets young Middle East consumers
Wild's focus on the Middle East underlines the growing importance
of this market to European flavour businesses.
McCormick identifies ten new flavors for 2007
Flavor firm McCormick has identified ten new flavor pairings for
CaraGum launches cost-effective gum Arabic emulsifier
A French company has developed an Arabic gum-based emulsifier that
it claims can be used in much lower concentrations than
Danone strengthens interest in Algerian dairy sector
Groupe Danone's growing interest in the Algerian dairy market
underlines the importance of the North African / Middle East region
to European milk processors.
Can Arla beat the boycott?
As Arla Foods begins on the long road to recovery in its Middle
East dairy markets, DairyReporter.com delves into the nature
of consumer boycotts and the effects they may have.
Nestlé moves to dodge Middle East boycotts
Nestlé, the world's biggest food firm, has taken out adverts in
Saudi Arabia to refute rumours that two of its dairy products are
Danish, as unlucky Arla Foods continues to suffer from 'those
Dairy opportunities in the Middle East
Cheese spreads dominate the $1.1bn (€0.9bn) processed cheese market
in the Middle East North Africa (MENA) region but as the food
service sector continues to develop sales of sliced and canned
cheese are slated to rise, reports Lindsey...
Dairy gains benefit Chr Hansen in Q2
Ongoing growth in cultures sales to the dairy industry and health
markets helped the Danish ingredients firm Chr Hansen post a modest
rise in revenue for the food ingredients division in the first six
months. Organic growth for the...