Mars to invest $70m to up American M&M’s and goodnessknows production
Mars Chocolate North America plans to increase M&M’s capacity and will add goodnessknows flavor variants in a $70m manufacturing investment in the US.
Archives for April 2, 2017
Nielsen: Protein-craze boosts meat snack sales, dampens diminished meat prices for retailers
Meat snacks have graduated from its road trip ‘gas station snack’ image, sales data imply. The $2.8 billion category had a compound annual sales growth of more than 7% over the past four years.
Jobs created as Danish and Spanish sausage casing outfits link
Danish sausage skin producer DAT-Schaub Group has entered the Spanish market thanks to a joint venture with Spanish casings company Vicente Gallent SL, creating 20 jobs.
Vietnam meat firm enhanced by cash injection
Vietnam-based Masan Group Corporation’s meat subsidiary is set to see a cash injection of $250 million (m) after US investment firm KKR acquired a minority share in the business.
Chinese winery sets sights on ‘feeding own market’ with Aussie grapes
China’s third biggest wine company could soon become the first ever to vertically integrate its production between Australian vineyards and its home market.
China direct
Barry Callebaut targets China’s premium market with ‘refreshed’ range
Chocolate and cocoa supplier Barry Callebaut has increased its number of product lines available in China after seeing sales of its gourmet range doubling over the last four years.
Purely Elizabeth raises $3m from Gen Mills/301 INC, announces mushroom ‘Wellness Bars’
Known for its ancient grain and gluten-free granolas, Purely Elizabeth aims to expand distribution and will test the waters of mushroom-powered granola bars this summer, thanks in part to a minority investment of $3mn from General Mills’ 301 INC.
Novel Salmonella strain sickens 40 in four countries
A new Salmonella serotype that first caused illness in Greece has spread to three other countries, according to the European Centre for Disease Prevention and Control (ECDC).
Brazil meat scandal could spark billions in losses
Brazil’s rotten meat scandal may have weathered the worst of the storm, but financial losses from the corruption saga could still reach $4.8 billion (bn), Fitch Ratings has claimed.
Symposium targets food fraud prevention and mitigation
Regulators and experts from academia, government and industry are meeting in Quebec this week to discuss food fraud.
Conflict a key driver behind soaring food insecurity worldwide
Over 100 million people worldwide are severely food insecure in 2016 - a jump from the 80 m recorded in 2015, despite the progress made in reducing food security, according to a European Commission report.
Ukrainian company opens cutting factory in Slovakia
Agro-industrial firm MHP has opened a new processing facility in Slovakia as the company aims to increase meat sales to the European Union (EU).
Tate & Lyle announce multiyear partnership with Codexis
The British agrifood giant has announced a new contract with American protein engineering firm Codexis
Bone broth category offers ‘massive opportunity’ for early movers like Kettle & Fire
Virtually unheard of by many consumers as recently as just last spring, the bone broth category is “heating up” and there is “massive opportunity” for early movers in the space despite an early and mounting surge of competition, according to one player...
Kraft-Heinz expands corporate social responsibility commitments to hunger, sustainability & environment
Working alongside members of Congress, hunger relief organizations and industry trade groups to package meals for the hungry and food insecure, executives at Kraft Heinz are not wasting any time in fulfilling the company’s recently expanded corporate...
DSM opens new Dutch biotechnology centre
Global food and nutritional ingredients supplier DSM continues its €100 million investment in R&D with the opening of a new biotechnology facility near its Delft HQ for food.
Formulating with tapioca clean-label functional starches
Paid for by Tate & Lyle
Ingredient labels are more important than ever to consumers and food manufacturers. Survey after survey shows consumers read labels, base their buying decisions on their content and are willing to pay more for certain attributes. These trends are driving...
Blues-busters: Study shows blueberry juice antioxidants ease stress
A blueberry drink a day can help keep stress away, suggests a study which found blueberry’s antioxidant power improved the cognitive performance of adult rats exposed to stress.
‘With the UK moving from a nation of tea drinkers towards an ever-growing coffee culture, consumers will look for simpler ways to enjoy their favorite brew’
Pyramid coffee bags promise convenience for connoisseurs: ‘Less mess, less fuss, less waste’
Raw Bean is launching its biodegradable pyramid coffee bags called ‘bean bags’, aiming to appeal to consumers who don’t want the hassle of using a cafetiere or want to avoid the waste created by capsules.
EU countries step up scrutiny of Brazilian meat
Italy, Slovakia and the Netherlands have issued RASFF alerts in the past week around Salmonella in meat from Brazil.
UN slams Thailand for 'government corruption' behind slavery in fisheries
Thailand’s fisheries have been caught out yet again after the UN released an unusually critical report of the Kingdom’s failure to stamp out slavery and human rights abuses in its seafood industry, the fourth largest in the world.
Soft drink brands must play into health trends in order to compete: GlobalData
Despite declining market share, there is hope for soft drink manufacturers who can adapt to the highly-competitive beverage market by utilizing major health trends like reduced sugar and digestive benefits, GlobalData research found.