Ingredient supplier Symrise’s flavour and nutrition division is focused on expansion into the functional food arena as well as strengthening capacity to meet the "high demand" for menthol as the group reports a slowing down in Asian Pacific...
As a probe continues into the practices of French flour mills supplying commercial bakeries, France's anti-trust watchdog has this week hit those producers with a €149.4m fine over price fixing on packaged flour sold in supermarkets.
Several private label and secondary and tertiary brands such as Paxo Stuffing are likely to be divested by Premier Foods in the coming months, claim analysts, as the UK manufacturer gets breathing space from investors.
French botanicals giant, Naturex, will venture into the fruit and vegetable concentrates sector for the first time and almost double pectin production, as its acquisition of Polish manufacturer, Pektowin, is finalised.
ABF’s pre-closed period trading report released earlier this week showed its ingredients business to be its weakest, but the CEO of ABF Ingredients said this is a reflection of the difficult conditions in the yeast and bakery markets, and not on overall...
Nutrition and polymers were the stand-out divisions for Royal DSM in 2011, a year that saw operating profits rise 15% from €752m to €866m, as the newly life science-oriented ingredients giant singled out Martek buy-out success and committed to ongoing...
Associated British Foods (ABF) is on track to deliver strong, full-year growth, however, high raw material costs in a competitive environment has seen the group struggle against stronger, more aggressive players in the ingredients market.
Nestlé plans to build a new Dolce Gusto factory in Germany to capitalise on one of its fastest-growing European businesses, with a growth rate of over 50%, and told BeverageDaily.com it is exploring 'solutions' that will allow UK consumers to...
Arla Ingman and other producers have filed a complaint with Finland’s competition authority regarding market leader Valio, alleging the firm has abused its position to maintain a liquid milk market monopoly, a claim the latter denies.
DairyReporter.com asked Albert Adroer, general director of Spanish functional ingredients firm Premium Ingredients, what makes him tick in the dairy world, and also how he unwinds in the fair Spanish city of Barcelona.
International Flavors and Fragrances (IFF) saw net profits slump 56% in the fourth quarter due to one-off costs and ongoing high raw material prices, but adjusted results were largely in line with analysts’ expectations.
In a competitive sucralose market, Tate & Lyle should price the sweetener keenly to ensure significant market share in the future, claims an analyst as the group releases ‘reassuringly dull’ Q3 results today.
Kerry Group is set to continue to reap the benefits from health and wellness trends, and, in particular, can continue to leverage the industry’s ongoing salt, fat and sugar reformulation efforts, claims an analyst.
As Greencore reveals progress in its plans to switch from euro to sterling for its reporting currency, analysts remain upbeat about the potential of the group’s core business and synergies arising out of the Uniq takeover.
Dutch dairy cooperative FrieslandCampina has signed a memorandum of understanding with a UK-based venture capital firm to acquire Serbian dairy producers Imlek and Mlekara Subotica, and sees great potential to grow sales in the region.
Last year saw sales of food ingredients jump nearly 10% for supplier EFKO, a Russian manufacturer of industrial fats, including cocoa butter substitutes, used in confectionary, diary, bakery and other food industries.
Dairy Crest has issued a mixed trading update for the first nine months of its fiscal year, with persistent tight margins in its dairies business sector offset by strong performance across its branded portfolio.
After Premier Foods’ announced this week that it plans to up its spend on ‘power brands’ such as Hovis, Investec analyst Martin Deboo told BakeryAndSnacks.com that UK bread was a “terrible industry” to be in due to industry overcapacity.
Rampant acquisitionist Naturex will make 3-4 European and North American acquisitions in 2012, once it completes a deal with an unnamed Asian supplier by the end of March, CEO, president and founder, Jacques Dikansky has told this publication.