Food minister George Eustice has stressed the importance of the soft drinks industry to the UK economy and applauded its achievements in reducing its environmental impact.
India could be the ‘new China’ for food and drink manufacturers looking to increase margins and supply emerging markets in Asia, two industry experts have claimed.
Mondelēz International third-quarter earnings fell 11% compared to last year due to disputes with French retailers over wholesale pricing changes and 'soft' developed market demand.
Year-on-year Q3 EBITDA profits dipped 9.2% to €5.73m at Spanish cocoa and chocolate and specialist Natra as ongoing cocoa price hikes hit even as quarter revenues rose 5.2% to €89.93m.
Q3 net profits dropped about 20% at DSM with the Dutch-Swiss ingredients giant citing vitamin E market issues and, “challenges in some human nutrition end-markets” as key contributing factors.
Unicer’s innovation head explains how adding pull-off caps to 200ml ‘Mini’ beer bottles allowed the Super Bock brand to win back market share from Portuguese rival Sagres in the late 2000s.
DuPont’s nutrition & health division will play a big part in the launch of 4000 food-related products in the next six years, its chief said as the company celebrated 50 years at its Brabrand base in Aarhus, Denmark yesterday.
Scandinavia’s top-selling smoothie manufacturer Froosh has called for ‘trade not aid’ in developing countries and insists beverage brands should do more to understand their supply chains.
DuPont is reaping the benefit of its €5bn 2011 acquisition of Danish probiotics and enzymes giant Danisco, with its nutrition and health division showing 23% profit growth in a “sluggish” world market.
Coca-Cola Enterprises (CCE) says it is too early to ‘declare victory’ with stevia-sweetened cola Coca-Cola Life after September launches in Britain and Sweden.
The EU HealthBread project wants to form an association by the end of the year to drive commercialization of its healthy bread technologies and concepts across Europe.
Premier Foods saw branded value sales fall in its third financial quarter (Q3) as the maker of Mr Kipling cakes and Ambrosia desserts was stung by supermarkets losing share to discounters.
R&R Ice Cream is the top mid-market private food processor in the UK by sales, according to the 10th annual Sunday Times Grant Thornton Top Track 250 list.
Dutch juice manufacturer Friesland Campina Riedel says more should be done to regulate tropical fruit supply chains, as it works to support Brazilian orange growers who supply its Appelsientje brand.
Research and development into fermentation for flavors and texture will be just one of the focuses at Puratos’ €15m ($19.2m) global innovation hub, its R&D director says.
Premier Foods has delivered “a truly awful 2014 stock performance”, despite making solid restructuring progress, said City analyst Shore Capital, ahead of the firm’s third-quarter trading results, due for release later this week.
The continuing recovery of Danone’s infant formula business, impacted by the 2013 Fonterra whey protein concentrate (WPC) botulism scare, has “buoyed” the French dairy's Q3 results.
Arla Foods Ingredients is conducting fieldwork and calling for cross-industry support as it presses for dairy ingredients to be made an integral part of emergency food programmes.
Symrise has opened a new €3m ($3.83m) vanilla extraction facility in Benavony, Madagascar - the latest milestone in its strategy to “establish the entire value chain for vanilla in its source country”.
Spanish authorities have opened disciplinary proceedings against possible anti-competitive practices of half a dozen manufacturers of the country’s traditional almond candy turrón.
United Biscuits will take its core savory snack lines on a UK depot tour to engage with retailers on how best to stock and display products in impulse channels.
HOW SHOULD WINERIES TWEAK PRICES TO OPTIMIZE PROFITS?
The price of a bottle of wine has a critical impact on the positioning and profitability of a wine brand but marketers are often unsure when they should tweak price to optimize profit.
To a backdrop of the Asean regulatory harmonisation process, a number of European Union officials have descended on Kuala Lumpur to attend a forum designed to apply the older bloc’s knowledge on the subject.
Synergy Flavours has said it will expand its UK headquarters in High Wycombe and relocate manufacturing from Corby, Northamptonshire to the expanded site.
A cross-sector business initiative in Sweden is raising the bar internationally in the drive to reduce carbon emissions, with Coca-Cola Enterprises (CCE) Sweden reporting an emissions cut of 66% in the six years up to 2013, and other food and drink businesses...
Latvia-based Food Union has agreed to buy the ice cream and frozen foods business of Estonia’s Premia Foods in a deal worth €27.1m, the company said on Monday.
Wine Vision organizer Andrew Reed says the 2014 conference will explore how to attract new consumers to wine and tap emerging market growth with margins are squeezed elsewhere.
Tough markets and cautious optimism were among the main themes in presentations from the biggest food and consumer goods companies in Europe last month, according to investment analysis firm Sanford C. Bernstein.
Mondelēz International will stop manufacturing from its Cadbury Kenya plant at the end of this month as it shifts capacity for Cadbury Drinking Chocolate to Egypt.
A year after publishing its 'Sustainability Principles' Naturex reveals its targets for the coming years in the 'Pathfinder', the company’s sustainability report.
Ingredion has struck a deal with Desert King International (DKI) to become the exclusive global distributor of DKI's natural foaming agents from Quillaja saponaria (the soapbark tree) and Yucca schidigera (the Mohave yucca plant) for use in food...
UK gourmet popcorn maker Joe & Seph’s has secured listings with World Duty Free and Cineworld, adding to its airline presence – channels its co-founder says spark unprecedented brand attention.
Board member: "We were stupid enough to accept. We should have said no.”
Swedish meat supplier Sten Davidsson has been fined more than €45,000 after Taiwanese authorities discovered it had faked export certificates and stamps.
The proposed EU-US trade deal could see the European market opened up to US imports of genetically modified organisms (GMOs), despite the Commission's public assurances to the contrary, claims Friends of the Earth.
