Parabel – a new entrant to the burgeoning plant-based protein market - has signed a lease for 450 acres of land in Fellsmere, Florida, where it plans to build a $10m production facility for its water-lentil-based proteins.
Despite their natural advantages of name recognition and sales momentum, big brands have struggled of late. Consulting firm Seurat Group has put together a toolbox to help companies reinvigorate these key contributors.
The move to private ownership could make it easier for Heinz to do some spring cleaning, notably selling off its 'troubled' US frozen food business, said analysts as Heinz announced plans to sell up to Berkshire Hathaway and 3G.
Canadian natural and organics group SunOpta has sold its frozen fruit processing assets in Rosarito and Irapuato, Mexico to Fruvemex Mexicali for C$3.15m, the company has said.
Bakers may have to get used to higher wheat prices following the spike in mid-2010 as signs are that world production may not rebound as fast as it did after the 2007/08 peak.
New research from Euromonitor suggests a moderate but sustained increase in wheat and corn commodity prices from now until 2015 but the analysts predict that manufacturers focusing on premium and private label lines will offset rising input costs.
Never before has the dangling of golden carrots in the boardroom been so closely scrutinised. DSM and others’ decisions to ensure those carrots have green shoots of sustainability attached to them is a wise and forward thinking move.
Strategies for confectionery makers to absorb rocketing price rises
are essential as cocoa prices crash through the $3000 barrier, with
demand outstripping supplies and pulling the stocks-to-grindings
ratio to a 22-year low.
Danisco is reorganising its ingredients business in a bid to target
market trends like health and wellness more closely, and deal with
issues that have been affecting parts of its portfolio.