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.
The recent bolt on acquisition of Rhodia Food Ingredients lifted
sales for Danisco in an otherwise challenging first quarter for
2004/2005 but efforts to improve margins appear to be paying off,
writes Lindsey Partos.
Danish ingredients giant will shut down beverage flavour operations
in Sweden as tough competition bites and business is impacted by
growing consumer demand for health positioned drinks, reports
Ongoing demand for healthy products helped Irish food and
ingredients firm Kerry to a strong first half performance. And with
recent acquisitions pushing it into other high growth sectors,
there is little to stop the group from making...
Ambitious Israeli flavours firm Frutarom has bought the European
natural fruit preparations business from the world's number two
flavours player just months after completing on the Swiss botanical
extracts firm Emil Flachsmann.
Building on a stronger start to the year, Germany's third largest
chemicals group reports continued growth into the second quarter
with an increase in demand pushing up sales and earnings for the
period but the firm warned that...
Dairy science moves one step closer to helping dairy manufacturers
formulate the right product to meet customer demand as food
scientists reveal the science behind consumer perception of nutty
flavours in the popular cheddar cheese,...
As consumers turn their backs on black tea in favour of
health-positioned alternatives such as herbal or fruit teas, tea
makers rolling out new products to target this growing market might
gain from a new technology developed by UK...
Weak sales of fruit preparations hit European sales for number two
flavours group International Flavours and Fragrances (IFF) with the
firm reporting an overall drop in sales for the region but growth
elsewhere keeps firm on track...
Opportunities for the synthetic kiwi flavour market have opened up
after findings from a small study in the UK show that the kiwi
fruit appears to be a significant food allergen capable of causing
severe reactions, particularly in...
As food developers and marketers are aware, bright colours hold a
strong appeal with children. Jumping on the back of this phenomenon
Danisco in the US has launched a new flavour concept to add to
Danish ingredients firm Chr Hansen has benefited from the growing
demand by food makers for natural colours. Higher sales of natural
colours helped to lift profit figures in a third quarter that also
gained from the increasing popularity...
US flavours giant International Flavors and Fragrances (IFF) has
avoided a hefty payout after a jury in the US ruled against four
popcorn factory employees who claimed a butter flavouring caused
harmful lung injuries.
At the table earlier this month in Geneva ingredients and additive
experts met to discuss the safety of a host of flavouring agents
and the construction of further principles for setting the safety
levels of food additives.
Job cuts are underway for the number four flavours player Symrise
with the equity fund owned firm warning 500 employees will be axed
from the workforce under a new drive for cost effectiveness,
increased competitiveness and top line...
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...
Food manufacturers must continue to be on the alert for a red devil
as the list of products containing the potentially carcinogenic,
and illegal, red dye Sudan I is far from tailing off. Now the UK
Food Standards Agency is alerting...
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...
Israeli flavours and ingredients group Frutarom benefited from the
recent merger with Swiss counterpart Flachsmann to post a 55 per
cent increase in first quarter sales. Growth in the functional
foods sector also contributed to the...
A food product on the shelf must satisfy a range of senses to earn
consumer appeal. But US scientists claim that little understood
contextual cues - food display, colours - can lead to people eating
much more than they need.
Acquisitive ingredients firm Kerry will spend €170 million on four
bolt-on flavour acquisitions announced yesterday as the €3.7
billion Irish company continues to consolidate its position in the
highly competitive flavours market....
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...
The countdown begins to new food allergen labelling rules in Europe
that herald an end to the 20 year old '25 per cent' rule. Taken
together with escalating incidences of food allergies, new
opportunities have arisen in...
Flavours and extracts firm Frutarom has gained the worldwide
marketing rights to a range of natural antioxidants made by
Israel's RAD Natural Technologies, boosting its offering to health
and functional food makers.
US colours and flavours group Sensient continues to feel the impact
of soft markets in North American food and beverage segments,
particularly synthetic colours, posting a further drop in income
for the first quarter of 2004. Pressure...
Number one flavours and fragrance firm Givaudan ambles along in the
first quarter with higher sales in flavours offsetting a drop in
the fragrance division, suggesting that strategies to boost profit
announced back in January this...
Participants at the annual meeting of the Association for
Chemoreception Sciences later this month will learn that cinnamon -
as a flavour or fragrance - could boost brain simulation related to
attentinal processes, according to...
Natural colours UK firm Overseal Foods is set to carve a deeper
position in the US market, signing a new distribution deal with US
company RFI Ingredients and meeting growing demand for natural
colouring foodstuffs, writes Lindsey...
Proof that soaring price rises are not only branded in the hard
pushed natural vanilla market with the news this week that
Norwegian ingredients company Borregaard Synthesis has hiked up the
price for its line of synthetic vanillin...
Driving hard into value added ingredients has paid off for Irish
food group Kerry as the company faces off tougher currency exposure
in 2003 to see a steady rise in sales and operating profit.
European bottom line benefits from greater...
Frutarom Switzerland, the recently acquired Swiss arm of Israeli
flavours group Frutarom, has pulled on synergies from its new
parent to launch a new line of grapefruit flavours, the first in a
range of citrus flavours.
The debate on the labelling of additives on food products shifts up
a gear in the UK with the Consumers' Association criticising the
government and the country's food watchdog for failing to make
nutrition a priority.
Millions of euros will be poured into three major
'farm-to-fork?research projects, the Commission said yesterday, to
reinforce R&D co-operation at a European level and bring a
monetary boost to the increasingly complex food...
An emergency decree passed late last month by the Italian
government in a bid to save dairy giant Parmalat from collapse
looks set to win support from the European Commission on the back
of guarantees that there will be no state bail-out...
The ongoing consumer desire for natural ingredients, combined with
a growing interest in more complex and authentic flavours, will
drive market demand for flavours and fragrances in the US to a
value of $4.4 billion (€3.4bn) by 2007.
Hot on the heels of disappointing third quarter results, notably in
the colours division hit by weaker sales in the US, Sensient
Technologies has announced a round of cost cutting measures which
will include job losses.
The movement of foodstuffs within the European boundaries will be
changed forever once the next step towards an enlarged Europe takes
place. Food and Life Sciences lawyer Raymond O’Rourke takes us
through a detailed look at some of...