Aryzta’s FY 2017 revenues down amid US challenges
Swiss-Irish baked goods maker Aryzta reported a 2% drop in revenue for the year ended July 31, following a CEO change and poor performance in the US.
Archives for September 24, 2017
Projected Campylobacter increase in Belgium prompts call for action
Campylobacter incidence in Belgium may almost double by 2020, according to estimates.
Red tape delays EU-Canada free trade meat sales surge
Antibiotics and labelling have stalled the flow of meat from Canada to the European Union (EU) just days after a compressive free trade agreement came into force.
UK organic food sales on track to hit record levels
Fresh produce, dairy and processed foods are fuelling organic sales in the UK, as they are tipped to exceed a record £2.2bn (€2.5bn) by the end of the year.
Ukrainian giant to take over Polish company
Ukraine’s grain and poultry giant MHP has submitted an application to Poland’s competition watchdog UOKiK to obtain the body’s approval for its plan to take over Polish poultry meat producer and processor KZD Exdrob.
Synergy Flavours continues Thailand expansion
Having doubled the size of its Bangkok operation after the opening of a dedicated technical and manufacturing facility in Thailand in 2013, Synergy Flavours will now embark on further expansion of its site there.
Nutrition one of most 'significant individual factors' for child development in first 1,000 days: Comprehensive evidence paper
The most significant individual factors in the first 1,000 days of a child's life that influence health and development relate to nutrition, substance use and the experience of significant stress, according to a wide-ranging Australian evidence paper.
Chinese egg companies in hunt to find Western acquisitions
Western egg processors are in the sights of Chinese corporations looking to accelerate their technical knowhow in line with their growing dominance of Asia.
Bayn Europe creates sugar replacer for no-added sugar chocolate for Chinese market
Bayn Europe, which creates formulations for sugar reduction, has created a sugar replacement for chocolate, for the Chinese market.
Can peanut milk be as big as almond milk? Elmhurst ‘milked peanuts’ to hit stores in early 2018 with no gums or stabilizers
Elmhurst Milked is hoping to make a splash in the burgeoning plant-based dairy arena with ‘milked peanut’ beverages that offer more protein, less sugar, a creamier mouthfeel and a noticeably shorter, cleaner, label than other nut milks, with products set...
RDBA provides dietitians tools to select, display products & track social media influence
New tools from the Retail Dietitians Business Alliance are helping registered dietitians gain professional prominence in grocery stores and sales outlets while also expanding their influence over product selection, displays and ultimately consumer...
Formal charges to be made against Batista brothers
The Brazilian authorities have formally asked prosecutors to bring charges of insider trading against JBS’ Wesley and Joesley Batista.
Australia
Murray Goulburn struggling to find suitor for buyout
Troubled Australian dairy co-operative Murray Goulburn has called for an end to media speculation over a potential buyout—even calling into question the likelihood of a takeover itself.
Last chance to register for packaging webinar
Time is running out to register for a free online event scheduled for tomorrow, exploring the latest developments in packaging to crack down on spoilage in meat export consignments.
Shoppers ‘cutting grocery bills’ with smartphones
European shoppers are increasingly accessing information on products, promotions and prices via their smartphones, according to new research.
Personalised nutrition app raises €8.4m in first round of funding
An app focusing on personalised nutrition and work out plans has received $10 m (€8.4 m) in funding its Series A round led by Creandum and Eight Roads Ventures.
India
Keventer raises $25m to fund expansion
Kolkata-based dairy, fruit and grocery major Keventer Agro has raised US$25m in capital from Indian private equity firm Mandala Capital to fund its expansion in agro-food processing in eastern India.
China direct
China rushes to research its newest staple
An institute co-founded by research agencies and potato processors in China and Kazakhstan has been established in the Xinjiang Uygur Autonomous Region to study China’s newest staple.
Hong Kong resists sugar tax calls
Hong Kong authorities favour adopting health awareness schemes over introducing a tax on sugar to limit consumption.
China cross-border e-commerce rules extension a major business boost for industry
Supplement and food firms operating in China’s booming cross border e-commerce market have been buoyed by a year-long extension of the existing trade laws, which were due to be replaced on January 1.
Probiotics and obesity: Consumption of Yakult’s Shirota strain aids weight loss in children
Yakult’s probiotic strain Shirota (LcS) aids weight loss while also improving lipid metabolism in obese children, according to a new pilot study.
We're only scratching the surface when it comes to unlocking the potential of plant-based meat, says GFI
Plant-based meats account for less than a quarter of 1% of meat sales in the US, while plant-based milks have gobbled up almost 10% of the fluid milk market, says the Good Food Institute (GFI). But why is this? Are they simply not cutting it, or is it...
More Canadians content with direction food system is taking, new survey finds
A growing number of Canadians – 43% in 2017 compared with 30% in 2016 – believe that Canada’s food system is ‘headed in the right direction,’ according to a survey from the Canadian Centre for Food Integrity (CCFI).
IKEA backs Flying SpArk’s bet that fruit flies are the protein source of the future
Compared to crickets, grasshoppers and even meal worms, the fruit fly is minuscule, but according to the co-founders of Flying SpArk this tiniest of insects could prove to be a more bountiful, sustainable and efficient source of protein.
AB InBev buys Australian craft brewer 4 Pines
AB InBev is buying Sydney craft brewer 4 Pines, in a deal that 4 Pines says will enable its plans for national and global expansion.
Beverage firms rail against Vietnam sugar tax draft proposal
Vietnamese beverage firms have hit out at proposals for a special consumption tax on sweetened drinks, saying their production would be badly hit by the move.
Finnish food safety authority to publish guidance on insect ingredients
Good news for ento-entrepeneurs: Finland's food safety authority Evira will publish guidelines on using insects for food, ending a loophole that forced firms to sell products as 'ornaments'.
PureCircle CEO talks health, sugar reduction and the ‘next gen’ stevia leaf
Over the next three years, PureCircle is rolling out the “next generation” of stevia leaf that, it says, represents an even more effective sugar replacement. The investment supports the company’s drive to strengthen its product mix and move away from...
Sri Lankan food prices now 35% higher than in India
Sri Lanka’s rising food prices have prompted a Colombo think tank to launch a project to monitor import tariffs on food.
Olive oil testing reveals problems with a third of samples
Almost a third of olive oil samples tested within a two year period were judged non-compliant, according to the Rural Payments Agency (RPA).
Danish Crown reports animal welfare label success
Pork processor Danish Crown has reported huge success for products carrying the new animal welfare labelling scheme.