Biotechnology firm Monsanto has reported strong sales for its
fourth quarter, although the company suffered a net loss in the
period due to a one-off R&D charge.
Heavyweights in the bakery industry are this week showcasing their
latest innovations in Orlando, Florida, at the International Baking
Industry Exposition, where millions of dollars of deals are
expected to close over the next four...
The link between growing ethanol demand and higher food prices has
been overstated, according to the US Agriculture Secretary, who
forecasts that supply and price pressures will even out as markets
'do their work'.
Chr Hansen is expanding its flavour production centre in Denmark to
enhance its product range, efficiency and service to customers and
strengthen its position in the dairy flavourings market in Europe.
DSM has developed a new enzyme for citrus fruit processing, which
retains a cloudy appearance in juice drinks and makes them more
visually appealing to consumers.
Soup sales in the US have slowed over the past year, prompting
Mintel to suggest that manufacturers and marketers need to rethink
their level of innovation and their market strategies if they want
to grow sales over the next five...
Novozymes, a world leader in bio-innovation, has significantly
increased its presence in the Indian market by completing this week
the acquisition of the enzyme activities of Bangalore-based Biocon
Limited.
The global market for food and beverage enzymes is forecast to slow
but remain strong, resulting mostly from expanding markets and
applications, according to a new report by The Freedonia Group.
Rising costs and shrinking supply of sugar molasses are driving up
the cost of yeast extract production, says Bio Springer, which is
today announcing a double digit price increase for its extracts as
of next year.
Controlling costs with an iron hand and upping sales prices has
helped Danisco's ingredients division towards Q1 growth, against an
overall profit dip as a result of ongoing sugar reform.
Danisco USA is introducing a new cultured dextrose for use in place
of chemical preservatives in refrigerated, heat-and-eat foods,
giving manufacturers greater scope to make clean-label products.
ABF-owned Ohly has completed the expansion of its yeast-extract
facilities in the US and now claims to be the only company offering
the triumvirate of baker's, brewer's and torula yeast extracts to
the market.
Chr Hansen is adding a new culture to its SafePro range aimed at
countering the threat of listeria in foods, this time targeted at
killing listeria in ready-to-eat products.
The board of the European Food Standards Authority yesterday said
it plans to carve up the workload of its Additives and Food Contact
(AFC) panel between two new panels - one for food additives and the
other for food contact materials.
Chr Hansen has announced the sale of its excipients and coating
division in the US, in a move designed to further focus its
business on its core food ingredients activities.
Enzymes, which are finding uses in bakery and dairy products, do
not pose a serious and long-term threat to the emulsifiers market
since most are produced through genetic modification and those that
are not are expensive, says Frost...
Cost recovery and the on-going development of a stream-lined,
customer-oriented working method led Kerry's ingredients division
towards a first half 2007, on both sides of the Atlantic.
DSM has announced that its PreventASe acrylamide-reducing enzyme is
the first to be used in a retail products, with a Christmas biscuit
manufacturer launching biscuits with 70 per cent less acrylamide in
German supermarkets next month.
Novozymes has today announced the launch of an asparaginase enzyme
aimed at reducing the formation of acrylamide called Acrylaway -
another landmark along the road to reducing levels of the
carcinogen in baked and fried foods.
Rising commodity prices are putting manufacturers under pressure, but some ingredients companies are developing ways to save their customers' margins by reducing or eliminating the need for commodities in formulations.
Novozymes has reported a strong set of results for first half 2007
and is set to achieve targets for the year as it keeps its ear to
the ground and develops new enzymes to serve trends and help
producers overcome difficulties.
The Canadian government has launched a new organic logo designed to
tell consumers that they are purchasing products that are federally
certified as organic.
Food professionals from around the world will make their way to
Chicago this weekend as the Institute of Food Technologists (IFT)
2007 annual meeting and expo opens its doors to reveal the latest
new ingredients, technologies and...
The organic food and beverage market has been predicted to surpass
$86bn (€62bn) by 2009, with consumers increasingly turning
'organic' in search of health and safety in their food products.
The organic food and beverage market has been predicted to surpass
$86bn (€62bn) by 2009, with consumers increasingly turning
'organic' in search of health and safety in their food products.
Archer Daniels Midland (ADM) and France-based Lesaffre Yeast
Corporation last week announced the expansion of their yeast
business in the US, with extra capacity due to be added in early
2009.
Novozymes has entered into a definitive agreement to acquire the
enzyme business of Biocon, India, a move that will significantly
increase its presence in the Indian market and in wine and juice
enzymes in particular.
The European Parliament this week voted through four regulations
relating to food ingredients - on authorisation procedure,
additives, enzymes and flavourings - with notable amendments aimed
at providing a heightened level of consumer...
Chr Hansen is introducing two new starter cultures for dry and
semi-dry fermented sausages, intended to deliver good flavour even
when products are produced with an eye on health and
sustainability.
DSM Food Specialities is introducing a new enzyme for apple, pear
and berry juice processors that improves the results of the
filtration process and complements the existing Rapidase range.
Danisco has agreed to acquire South African bakery enzymes company
Innovative Ingredients, in a bid to build local knowledge and
strengthen its position in a promising market.
Food and beverage manufacturers are responding to commodity price
rises through risk management, product reformulation and
innovation, according to a report by the Grocery Manufacturers
Association (GMA).
Almost half of consumers with food allergies have "serious
problems" using food labels to help them avoid certain foods,
says a new study by the US Food and Drug Administration (FDA).
Ingredient maker Chr Hansen is set to begin large-scale tests on a
new technology that could result in more robust and longer lasting
probiotic bacteria, the firm announced last week.
A technology that has been shown to modify genes in human cells has
been successfully applied to maize and canola crops, according to
biotech firm Dow AgroSciences.
Food industry R&D executives will be meeting in Chicago next
month to examine the impact of increased biofuel demand on their
business, in an effort to anticipate challenges resulting from a
fundamental shift in supply chain dynamics.
Ajinomoto plans to merge with Japanese compatriot Calpis, in a
bid to further its transformation into a health and nutrition
company and develop more value-added products to meet market
demands.
The International Probiotics Association has placed a new executive
director at the helm who is looking to bring transparency and
self-regulation to the growing global market for so-called friendly
bacteria.
Novozymes is centralising its procurement facility in a bid to
ensure transparency and consistency, and make savings that it plans
to plough into more research and development.
DSM has received regulatory go-ahead for the use of Preventase in
the US, gaining GRAS certification and becoming the first enzyme
available to eliminate 90 per cent of acrylamide in baked goods.
Ingredients specialist DSM is helping bakers target the lucrative
health-conscious market with its newest enzyme product, designed to
overcome the typical obstacles associated with producing high fibre
breads.
Spurred on by a positive set of first quarter results, Novozymes
has adjusted its expectations for 2007 upwards, including the
effect of the recent patent dispute settlement with Danisco.
The nation's organic industry has called for federal agencies to
boost spending on crop research and market development in an effort
to help farmers keep up with burgeoning demand.
Associated British Foods (ABF) has posted a 7 per cent rise in
profits, which includes a 3 per cent increase from the ingredients
division achieved despite adverse currency translation and losses
relating to the sale of the US food...
Cargill is introducing a new aromatic cheese culture to create
subtle fruity aromas in the rind and mould of ripened cheese, a
quality said to be sought after by consumers.
Lallemand Bio-Ingredients offers an elaborate portfolio of specialty ingredients to help address the many challenges surrounding alternative dairy products.
Angel Yeast has concluded that nucleic acids in yeast extract have significant positive effect on improving the biomass and survival rate of Lactobacillus...
Finding an ingredient supplier can be time consuming and requires technical skills to consider the many criteria. At Biospringer, we have developed, in...