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Food prices

Food prices

With memories of peak prices in 2007-8 still vivid, manufacturers must keep a close watch on commodity markets. Sudden shifts can have a massive, overnight impact on costs - and worsen food insecurity in developing countries.

Exclusive

EU ‘vital for food industry success’: Sir Stuart Rose

EU membership is “vital for the success” of the UK food and drink manufacturing sector, argues Sir Stuart Rose, chairman of Britain Stronger in Europe and former executive chairman of...

What’s hitting the shelves? Coffee & broccoli; coconut tea; and strawberry & cream gin

From the US to Scandinavia, and the UK to Australia, we take a look at some of the new products reaching beverage aisles across the globe this month. 

Food and drink manufacturers boost UK output

Rising output reported by food and drink manufacturers has boosted the UK manufacturing sector, despite lacklustre export demand, according to a new Confederation of British Industry (CBI) report.

News in brief

Italy limits tomato processing in response to low prices

The price of Italian processed tomatoes has fallen 15% year on year due to a glut in supply leading industry to tighten supplies, according to Mintec data.

SPOTLIGHT ON START-UPS

Waste-zapping app looks for new retail partners

Helping retailers shift over 1.3 million products that would have been wasted otherwise is just the first step for French company, Zéro-Gâchis, which has set its sights on expanding to Spain, Belgium...

People on the move in food and drink

Marks & Spencer, the Scottish government and British Poultry Council lead our selection of the most recent appointments in the UK food and drink industry.

Food and drink firms welcome Queen’s Speech – mostly

Government plans to support business, education and the economy – set out in the Queen’s Speech – have been welcomed by food and drink manufacturers. But plans to introduce a...

TTIP may mean higher prices and ‘unhealthy’ consumption: EC-backed report

The proposed EU-US TTIP trade deal could result in higher average prices, yet increased consumption of unhealthy foods, warns a draft EC report.

'It's still an attractive market': How are companies overcoming political instability in Turkey?

At the crossroads of east and west, Turkey offers huge promise but given the current political and economic situation, there are also challenges. FoodNavigator spoke to both Turkish and global companies...

Tyrrells acquires German snack maker

Tyrrells Crisps has bought German organic crisp maker Aroma Snacks for an undisclosed amount – the company’s first European acquisition.

Spotlight on Turkish regulation: 'It's an easy market to enter'

Harmonisation of Turkish and EU food law make it an easy and attractive market for foreign companies, but on issues that affect public health - such as nutrient profiles, health...

Brexit debate

Food firm mergers and acquisitions rise 11%

Food and drink sector mergers and acquisitions (M&A) climbed by 11% in the first quarter of this year, with 51 deals completed, according to business consultancy Grant Thornton.

Vast majority of MEPs demand legislation on origin labelling

EU politicians have upped pressure - once again - on the European Commission to bring in mandatory country of origin labelling (COOL) for lightly processed meat and dairy products in...

Palm oil spike drives continued rise food prices for April: FAO

The Food and Agriculture Organisation (FAO) has said global prices of key food staples rose for the third consecutive month in April, after four years of previous decline.

Preferences for homemade are 'a threat' to baby food manufacturers: Mintel

Sales of UK baby food have taken a hit a hit as 83% of parents opt for homemade food, according to Mintel data - but premium-positioned products and adult-friendly flavours could...

Global food system ‘is not sustainable’

The world faces devastating climate change consequences, unless we radically alter our food system, a leading environmentalist has warned.

Brexit debate

Brexit backed by more smaller food firms

Support for a Brexit in next month’s EU referendum is stronger among smaller food and drink operators, with many not expecting it to make a very big difference to their...

Foodex 2016

Food and drink crime: what tops experts’ wish list

Persuading people to share information about suspected food and drink crime, co-ordinating intelligence sharing and harnessing technology to beat criminal activity topped the wish lists of experts taking part in...

Feature

TTIP leaks: Five points of interest for the food industry

The publication of almost 250 pages of internal documents from the controversial Transatlantic Trade and Investment Partnership between the EU and the US suggests that a deal is increasingly unlikely. 

Morrisons’ supply chain is ‘a key strength’: analysts

Morrisons’ role as a food manufacturer – supported by its vertically integrated supply chain – is a unique sales point, which should be communicated more effectively, according to analysts, after...

Denmark chews over carbon tax on foods

Denmark is considering a carbon tax on foods following research that suggests consumers need to be pushed rather than nudged towards ethical diets.

Top 10 EU dairy exporters revealed in European Milk Market Observatory 2015 data

Which European country exported the most cheese in 2015? Which trading partner outside of the EU bought the most whey powder?The European Milk Market Observatory (EMMO) has published data on...

Do we need a better global approach on whole grains?

The lack of a harmonised message on whole grain intake in many countries may be leading to confusion and creating barriers for industry, warn researchers.

Exclusive interview

European market lagging behind US and Brazil in coconut beverage consumption and growth

Ready-to-drink (RTD) coconut beverages have rapidly gained popularity with consumers in recent years, with sales of packaged coconut water now estimated to be worth more than $1bn worldwide.

Premium chocolate brand Elizabeth Shaw sold to Colian Holding SA

British chocolate brand Elizabeth Shaw has been acquired by Polish confectionery producer and distributor Colian Holding SA.