Food enzymes contribute a quarter of sales revenue to the overall
enzyme business in the first quarter, says Danish firm Novozymes,
marking a one per cent rise in contribution on the previous year,
writes Lindsey Partos.
Knocked by an economic slowdown and the strength of the Euro
against the US dollar, growth in turnover for the European food and
drink industry rose by a 1.9 per cent wisp from 2002 to 2003,
concludes a new report from the US government,...
Wineries are getting bigger and their businesses are therefore
exposed to greater risk. In a bid to help producers achieve greater
consistency, Danish ingredients firm Chr Hansen has created blended
yeasts, writes Philippa Nuttall.
Ongoing impact of consolidation in the global food and drink
industry is evident in the cost-cutting exercise by Novozymes', the
world's number one enzyme supplier, set to relocate all Swiss
supply chain operations to Denmark...
A legal action brought by a northern English cheese producer
against the European Commission over the right to use the label
feta on its products has finally reached the European Court of
Justice - the UK, however, has declined to...
Set to see sugar profits dip with incoming European sugar reform,
Danisco's announcement last week to acquire enzyme player Genencor
is the latest in a string of acquisitions that will go some way to
bridging the sales gap, writes...
The announcement yesterday that DMV International and Arla Food
Ingredients could merge is a further example of how the rising
power and ongoing growth of the multiple retailers is putting
constant pressure on ingredients companies...
Number one cultures supplier Chr. Hansen is up for sale as its
major stakeholder decides to pull away from the ingredients slice
of the company to focus on the pharmaceutical unit, reports
The ingredients division of Danish cultures and colours firm Chr.
Hansen pulled in a DKK 369 million (€49m) profit for the year on
sales of DKK 3.4 billion (€460m), a slight dip on the previous year
on rising costs.
UK food and ingredients firm Associated British Foods has beaten
full year profit expectations after posting double-digit growth
against a backdrop of firmer commodity pricing and adverse currency
movements. The performance underlines...
A fall in bread consumption in the US impacts sales for food enzyme
leader Novozymes in the third quarter with the Danish firm
reporting a 7 per cent fall in sales for this segment to DKK373
million (€50 million) this year from DKK399...
Wine players are getting bigger and exposing their businesses to
greater risk as consolidation in the industry continues and to
ensure quality remains constant, Danish ingredients firm Chr Hansen
claims to offer the solution through...
Breakthroughs in the lab provide food makers with a competitively
priced technology designed by Danish enzyme leader Novozymes to cut
the artery-clogging trans fats out of food products, writes
Scientists at the Emory University Health Sciences Centre are
hoping to widen the understanding of an enzyme that breaks down
caffeine into theophylline, using bacteria that need the breakdown
product of the enzyme for survival.
Cheese makers could enjoy a rise in yields as Danish enzyme giant
Novozymes links up with cultures leader Chr Hansen in a joint
project to develop new enzymes for cheese production,writes
Number one natural colours firm Chr Hansen builds on ambitions to
penetrate deeper into this growing market with the launch of a new
range of natural reds that tackle stability for beverage
formulations, reports Lindsey Partos.
Sparking growth in the emerging South American food market, Danish
ingredients giant Chr Hansen has opened new facilities in Argentina
designed to serve expanding activities from international
customers, reports Lindsey Partos.
Despite a warning in April that raw materials and currency would
have an impact on second half earnings, the UK ingredients firm
Associated British Foods, which in July laid down €1 billion for
leading yeast supplier Burns Philp,...
Slight growth for Danish enzymes giant Novozymes in the first half
of the year with Europe providing steady returns but US market
knocked by the popular low carbohydrate diet that has hit the
The bakery sector is keeping up the pace as the fastest growing
market in food enzymes in the US, although recent controversy over
genetically modified organisms is set to eat into market growth as
food makers think twice before investing...
The less than sparkling, but stable, full year results for Danish
ingredients giant Danisco mirror the current state of play for
ingredients companies in today's market marked by squeezed margins,
higher raw material prices and...
Findings from a new report from the Geneva-based World Trade
Organisation suggest today's highly processed food industry will
continue its thirst for ingredients, writes Lindsey Partos.
In the past two decades international trade...
The acquisition of Rhodia Food Ingredients by Danisco has finally
been completed today, bringing the Danish ingredients group one
step closer towards its goal of becoming a leading supplier of
ingredients to the food industry. The...
On 1 May an historic moment marked the entry of ten countries and
75 million consumers into the European Union. Churchill's 'Iron
Curtain' has been consigned to the history books, heralding
democracy, stability and...