Inflation and interest rates pile on hurt for Egyptian F&B majors
Food businesses have been suffering in Egypt, where rising interest rates and spiking inflation have caused a squeeze on consumer purchasing power.
Archives for August 8, 2017
Australian beef exports up for first time in two years
Australian beef exports are up year-on-year for the first time in 24 months, with more growth expected after Japan hit the US, Australia’s biggest competitor, with a hefty tax hike.
Ingredion, Lyckerby launch ingredients tie-up
Global ingredients group Ingredion has formed a strategic alliance with Sweden’s Lyckeby to bring the Swedish potato starch processor’s products to food makers in Europe, the Middle East and Africa.
Raisio ‘expanding in new markets and categories’, says CEO
Raisio, the Finnish food group, is forging ahead with its strategy to expand in new markets and categories despite operational challenges hitting first-half results, interim chief executive Jarmo Puputti tells FoodNavigator.
Barry Callebaut joins Bonsucro to ramp up 100% sustainable sugar pledge
Barry Callebaut has joined global sugarcane platform Bonsucro to support its move to 100% sustainable ingredients.
Municipality’s kitchen gardens campaign starts to bloom
Dubai Municipality’s two-year-old campaign to encourage the emirate’s residents to grow their own food has been gaining momentum, with 1,600 individuals now signed up.
Ecolab takes advantage of consumer attention on food quality
Ecolab is planning to expand its food safety business from southern China to the northern part of the country.
E-commerce
Mondelēz creates virtual chocolate store 'Cadbury Joy Deliveries' on Amazon India
Mondelēz has teamed with Amazon in India to create a virtual chocolate & sweets store on the e-tailer’s online marketplace.
Food sector attracts over 40% of Sri Lankan SMEs
More than 40% of Sri Lankan small- and medium-sized businesses are now engaged in food processing, prompting the government to begin construction of a food testing centre aimed at village producers.
Lightlife’s new Veggie Deli Slices eschew imitating animal proteins to celebrate vegetables
As flexitarian, vegetarian and vegan diets continue to gain traction, Lightlife is recasting plant-based protein from the lesser role of understudy or “alternate” to animal protein, and making it – and the fruits, vegetables and legumes it comes from –...
Spam maker to expand factory and create 380 jobs
A subsidiary of Hormel Foods, the company behind canned meat Spam, plans to expand its manufacturing plant in Kansas, US, adding up to 380 jobs.
India
Britannia announces plans for Maharashtra mega-factory
Indian FMCG major Britannia Industries is planning to build a new plant at a mega food park in Maharashtra.
Indian delegation touts for UAE trade
India’s food processing ministry has set out to woo businesses in the Gulf after the World Food India roadshow arrived in Dubai this week.
FAO turns to mobile technology to tempt Iraqi farmers back to fields
Mobile money transfers has been adopted as part of a cash-for-work programme aimed at rehabilitating agricultural infrastructure for the benefit of vulnerable rural families in Iraq.
Difficulties in detecting and quantifying allergens identified
Difficulties for labs in detecting and quantifying allergens have been looked at by researchers using ultra-high performance liquid chromatography coupled to tandem MS (UHPLC-MS/MS).
Amplify wants to be 'fastest growing' premium snack group in Europe
Amplify Snack Brands has said that it wants to become the “fastest-growing” premium snack brand in Europe as it battles to improve the profitability of its international division.
Spotlight on sustainability science in marine industry-academia partnership
A ‘sustainability science’ approach to reducing environmentally harmful practices such as overfishing and marine pollution is reaping new insights into these challenges in a newly formed industry-academia coalition.
Brexit an opportunity to stamp ‘British-made’ on food, NFU insist
Policy-makers must take Brexit as an opportunity to enhance the UK’s ability to produce British food, according to the president of the National Farmers Union (NFU).
Breaking News
UK and Philippines sign £34m beef trade deal
The UK and the Philippines have signed a beef export deal worth £34 million over the next five years.
Hampton Creek explores the potential of mung bean protein isolate
Mung bean protein has potential applications in everything from egg substitutes to pasta and ice cream, says Hampton Creek, which has just received a 'no questions' letter from the FDA responding to its determination that its proprietary mung bean...
Ancient grain freekeh offers solutions to modern day consumer problems
With its “chameleon-like” versatility, nutrient-density and strong structural integrity, the ancient grain freekeh is a triple threat to many modern day eating woes that plague time-crunched consumers seeking something healthy and fast, according to the...
Dutch test chicken meat amid huge egg recall
Dutch food safety officials have begun spot-checks on meat-giving chickens, reared on farms housing egg-producing birds treated with the toxic insecticide fipronil, which has sparked a massive egg recall.
First Emirati food study could help with diabetes planning
Research led by a university in Abu Dhabi has provided new insights into how traditional Emirati foods can affect blood sugar levels.
Regulator queries high level health claim for beta-glucan and cholesterol in Australia and New Zealand
Products containing oats, but not barley, should be permitted to make higher level health claims relating to blood cholesterol benefits, according to regulator Food Standards Australia New Zealand (FSANZ).
PepsiCo seeks to patent ‘biological method for preparing Reb M’
PepsiCo is seeking to patent a technique of producing the sugary-tasting steviol glycoside Reb M via an enzymatic method that delivers "higher purity at a lower cost.”