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Land O'Lakes announces campaign to strengthen market position

Farmer-owned food and agricultural cooperative Land O' Lakes announced a $30 million advertising campaign to strengthen its position as a leading brand of consumer dairy...

Food ingredients facility investment for Penford

US developer of natural-based ingredient systems Penford Corporation this week announced that it has begun constructing a new production facility that will be dedicated to...

Saint Louis Sucre to buy three Beghin-Say plants

France's second-largest sugar maker, Saint Louis Sucre, wants to buy three plants belonging to rival Beghin-Say, reports Reuters. French magazine, La France agricole, said Saint...

Delayed World Food Summit booked for June

The UN Food and Agriculture Organisation (FAO) will soon host a global meeting to review progress towards ending hunger. The meeting, the 'World Food Summit:...

Fruit ingredient specialists sees sales soar

UK fruit ingredient specialist J.O. Sims this week reported a 100 per cent increase in sales of flavoured fruit pieces (FFPs) over the past 12...

Degussa BioActives moves closer to e-commerce activities

German food ingredients supplier Degussa BioActives is one step closer to the reality of e-commerce operations. The company announced this week that it has launched...

Enzyme market slows down, nutrients picks up

Environmental biotechnology has been used by humans for centuries in food making, medicine, fermentation and waste treatment. According to a new study, today the market...

New product development for soup ingredients

US soup maker Campbell Soup announced on Tuesday that it is to form a business unit aimed at finding new uses and markets for existing...

Profit tumbles for French food group

French food group Danone reported a steeper than expected drop in net profits on Monday, hit by charges for restructuring its biscuit-making business and an...

Dutch food group shows interest in Novartis nutrition

Dutch food group Wessanen said on Tuesday it was possibly interested in buying Swiss Novartis' health and nutrition brands, Reuters reports. "We are interested (in...

Tetra Pak moves in on canned food market

Tetra Pak has launched a new carton packaging system, which enables retorted food to be packed in cartons. The new system, named Tetra Recart, is...

Smithfield Foods beats analysts' estimates

Smithfield Foods, the largest US pork producer, said fiscal third-quarter profit beat analysts' estimates, as results were boosted by sales of higher-margin branded products like...

Confectionery manufacturer: new products to boost growth

Australian confectionery manufacturer Snack Foods announced this week that it is to release new products in coming months, including a range of biscuits called Cookies...

Food manufacturers fear retail strength, report reveals

Food manufacturers and retailers face substantial consolidation and internationalisation over the next five years as they innovate with brands and retail formats to satisfy changing...

Scottish & Newcastle ratings downgraded following bid for Hartwall

UK brewer and pub retailer Scottish & Newcastle (S&N) has received downgrades from international rating agency Fitch Ratings to both its Senior Unsecured debt and...

UK frozen food chain faces difficulties

Disappointing Christmas results have hurt UK frozen food company Iceland's share price, market analyst Datamonitor reports. Recovery will require significant investment - which the company,...

Unilever: success for ProActiv functional food brand

Anglo-Dutch food company Unilever this week reported faster growth in the leading brands, strong expansion of operating margin and strong progress for the fourth quarter...

The portable snack in our modern times

European consumers are today more at ease eating on the move than ever before, according to a new report from market analyst Datamonitor. As the...

Confectionery pins hopes on romance

Confectionery companies in the US are hoping that today, the day of romance, could help lift lagging sales. According to a survey by the National...

A slice of white chocolate: confectionery competes in UK

The fight for a share in the UK white chocolate market continues. Nestle is close behind Cadbury with its Kit Kat Chunky White, due out...

Wines and spirits cheer Pernod results

French spirits group Pernod Ricard reported a 3.9 per cent rise in full-year turnover after a slower fourth quarter and sell-offs in its non-core fruit...

UK confectionery giant reports strong 2001 results

UK drinks and confectionery group Cadbury Schweppes this week announced a strong financial performance for 2001.Sales rose 21 per cent to reach £5,519m (€9.02m), up...

Thai food firms ride the storm

Food firms outperformed the Thai stock market in 2001 as their cheap, essential products rode out the global economic slowdown and analysts said good dividends...

Shortages hamper dairy organic market in Europe

Shortages of organic milk in southern Europe is hindering growth in the organic dairy products market, report market analysts Organic Monitor this week. New research...

Battered Snow Brand sees shares soar

Shares in Japan's scandal-racked Snow Brand Milk Products soared in Tuesday trade after a weekend report that the company might form an alliance with three...

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