Sun sets in East: Emerging markets deliver for Nestle in 2011
Food giant Nestle has recorded modest growth in 2011 driven by strong performance in China and other emerging markets leading its CEO to say wealth potential is moving from West to East.
Archives for February 16, 2012
Paperwork and costs reduced with new EU and US organic trade deal
A new organic trade deal between the EU and the US will eliminate much of the costs for producers, particularly small and medium scale firms, looking to leverage both markets, claim trade groups.
Botswana hopes to lift EU beef export ban
The Botswana government claims it is fulfilling demands made by the European Union (EU) to improve livestock disease controls in the face of foot-and-mouth disease (FMD) outbreaks, and hopes an EU beef import ban will soon be lifted.
Kellogg becomes #2 global snacks firm with Pringles buy; analysts react
Kellogg’s $2.7bn deal to acquire Procter & Gamble’s Pringles will significantly boost its global snacks presence and open existing products up to new markets, according to analysts.
UK and Italy join forces against CAP reform
The National Farmers’ Union of England and Wales (NFU) and Italy’s Confederazione Nazionale Coldiretti are working together to ensure the EU’s Common Agricultural Policy (CAP) reform benefit farmers in both countries.
UK halal plant targets export market
A halal food plant that aims to supply meat to Muslim consumers across Europe has received approval and funding from the UK agriculture ministry (Defra).
Major strides in fat reduction claimed as algae-based flour released onto EU market
An algae-based flour targeted at fat reduction in foods, the first product to emerge from a joint venture between French food ingredients giant Roquette and Californian microalgae expert Solazyme, has just been released onto the European market.
FSIS reiterates foodborne outbreak reduction promise despite funding cuts
Federal food safety and inspection funding is set to be cut by nearly $10m, in a second wave of money saving measures by the US Department of Agriculture (USDA).
FSA chief executive Smith extends stay as head of agency
UK Food Standards Agency (FSA) chief executive Tim Smith has agreed to extend his stay as head of the organisation until the end of October 2012.
Cyclodextrins may boost flavour of goat’s milk products
The addition of cyclodextrins to products made from goat’s milk could help mask ‘goaty’ flavour notes, leaving consumers more able to benefit from the nutritional advantages of such products without compromising on taste, say researchers.