Accucaps Industries, an encapsulation firm, has converted its
Strathroy, Ontario facility to focus on health and nutritional
(H&N) products, a move the firm says will double its total
production capacity.
Denmark's Chr. Hansen is to sell of its US-based flavor activities
to Germany's Symrise group in order to focus more on its higher
added-value operations.
Tate & Lyle Ventures and Scottish Enterprise hope to prosper
from the emerging market for dissolvable and edible films as a
delivery mechanism for active ingredients, with the acquisition of
BioFilm Limited.
Agrana Fruit has opened an innovation and product development
center in the United States in a bid to keep up with frequent
changes in North American consumer preferences.
Swiss based Barry Callebaut will start delivering chocolate to
Hershey in North America within the next few months, following the
completion of the partnership this week.
Zurich-based chocolate manufacturer Barry Callebaut said today
that like-for-like sales increased 6.1 per cent in
the nine months to 31 May, despite the unstable cocoa
market.
Chocolate ingredient manufacturer Barry Callebaut has announced the
opening of its new North American head office in Chicago, which it
claims is a step towards becoming the top player in the sector.
SunOpta has further expanded its fruit supply chain, announcing
today that it has completed the acquisition of another South
American fruit processor, together with its North American
distributor.
Ingredient firm Senomyx and Japanese food and pharma group
Ajinomoto have expanded their flavor collaboration to encompass
additional territories of the United States and Canada.
US agricultural giant ADM has sold its North American bakery
ingredients division in a move designed to streamline its
operations and focus on its core areas of expertise, the company
told FoodNavigator-USA.com.
Food products with lower levels of 'bad' ingredients, such as fat
and sugar, have seen a sharp rise in popularity over the past year,
heading up new food and beverage product launches in 2006,
according to Mintel.
Soaring global organic food and drink sales are driving demand, but
undersupply of organic ingredients is undermining the long-term
stability of the sector, says a new report from Organic Monitor.
Banana supplier Chiquita has reported a tough third quarter, with
profits hard hit by new EU import regulations, irregular weather
conditions and concerns about the safety of fresh spinach.
Corn Products International has again reported strong growth, with
its third quarter results reflecting a continued good performance
from its North American business.
Horizon Milling, a subsidiary of US agri giant Cargill, has
strengthened its position in the Canadian bakery ingredients market
through the recent completion of an agreement to purchase the
grain-based foodservice and industrial businesses...
Natural food group SunOpta is to quadruple its sales of the açai
berry in North America, revealing that the Brazilian berry is the
most popular fruit ingredient with its customers.
Corn Products International has reported good second quarter
results, with a strong performance from the company's North
American operations offsetting a decline in its South American
business.
Irish firm Kerry this week further confirmed its growth plans in
the US ingredients market with the acquisition of two North
American businesses- Custom Industries and Nuvex Ingredients.
The world's biggest oilseed processor Bunge this week announced
that it is to expand the oilseed crusher and oil refinery capacity
at one of its plants in Canada.
South American and Asian yeast markets bring strong gains in the
first half, offsetting weaker markets in the US and Turkey,
London-based sugar and ingredients group Associated British Foods
reports today, writes Lindsey Partos.
Food ingredients and syrups manufacturer Corn Products
International said on Tuesday that fourth-quarter profit fell 41
percent as a result of restructuring in Mexico and South America.
Growth in Asian and South American markets boost sales for colours
firm Chr Hansen, counterbalancing a fall in revenue in North
America for the first quarter of the year.
Kellogg reported a solid 7 percent increase in its earnings for the
third quarter with the North America region also putting up a
strong performance thanks to the successful introdution of new
product lines.
A new report suggests that competition in the European organic meat
industry is increasing, as the market begins to suffer from
overcapacity. This follows another report that linked the
popularity of organic meat in North America...
Public concern over BSE outbreaks is set to boost sales of organic
meat products in North America, according to a new report. But
North Americans have not historically been as influenced by food
scares as their European counterparts.
International Flavors and Fragrances (IFF) reports continuing job
cuts and a drop in profits for fourth quarter. But stronger flavour
sales in North and South America helped offset a weaker scenario in
Europe.
Stronger sales in North America and developments in the dairy
industry helped beat the impact of dollar-euro currency conversions
in the first three months of the year. Weak growth in Europe, South
America and Asia saw overall earnings...
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...
The rolling out of third quarter results today continues with a
slip in earnings for US agri-giant Bunge on the back of weaker
profits sorely felt in the agribusiness division.
Strong results across a range of business units helped US
agribusiness Cargill post a stable set of figures for the
fourth-quarter of 2003. Food ingredients operations in Europe,
Latin America and North America claim a particularly...
Cargill and Riceland Foods have announced their intention to link
up to manufacture, market and sell lecithin products to food,
pharmaceutical, and technical customers.
Competition in the world's leading drinks markets is due to get
fiercer as consumers in the developed world continue to increase
their consumption, according to drinks industry analysts
Canadean.
Dutch ingredients company CSM completes the acquisition of Carpro,
increasing its market penetration in North America. The acquisition
of Carpro - a US manufacturer of bakery supplies in the United
States - brings the H.C. Brill and...
US flavours and fragrance giant International Flavors &
Fragrances saw fourth quarter 2002 sales rise 5 per cent to $424.3
million (€391m) from $405.6 million for the same period in 2001,
despite weak economic conditions in Latin...
Chr. Hansen - Food Ingredients saw net sales rising by five per
cent in Europe, South America and Asia/Pacific for the first
quarter ending 30 November 30, 2002 but plunging by six per cent in
North America. The overall impact - the...
Swiss food group Nestle on Friday declined to comment on market
talk it might want to buy US confectionery maker Hershey, but said
it would be keen on regaining its top-selling Kit Kat brand in the
United States.
Italian food company Parmalat this week announced the creation of a
new organisational structure to focus on strengthening the
Company's operation in North America.
Dutch food group Koninklijke Wessanen nv announced the acquisition
of Canadian health food company Preisco Foods Ltd. and Jentash
Specialty Foods Limited Partnership.