Kraft, in its second quarter results, reports continuing challenges ahead for its gum and candy division in developed markets, and claims the Cadbury takeover is a fundamental earnings driver, with its global chocolate earnings up 9 per cent.
UK market researchers Mintel report a shift in young people’s drinking habits with a trend towards greater ‘in the home’ consumption, while analysts also note an increasing preference for premium alcohol brands overall.
DSM has tendered its 4.95 per cent stake in Danish ingredients firm Danisco, after buyer DuPont raised its offer to DKK700 on Friday following discussions with major shareholders.
Apple-based edible films containing carvacrol and cinnamaldehyde were each found to restrict the growth of the increasingly multidrug resistant Campylobacter jejuni strains on fresh chicken, said new research.
Signs of mild recovery in the EU food and drink sector came with the confirmation of 1.5 per cent growth in the in 27 member states during the last three months of 2010 compared with the previous quarter, according to latest CIAA Economic Quarterly Bulletin.
Consumers are less likely to check labels of biscuit, cake, chocolate and confectionery compared to other food categories, according to Harris Interactive, due to the perception that they are indulgence opportunities.
Chr Hansen has raised its outlook for 2010/11 after another fine set of results in Q2, with particularly strong performance from its colours and blends division – though it continues to keep close watch on carmine prices.
Danish bioscience firm Chr. Hansen is raising its revenue predictions by 11-13 per cent for 2010/11 after what it describes as “strong growth” in its first quarter from the September 1, 2010 to the end of November.
Chemical contamination tops European consumer fears over food related risks, closely followed by antibiotic and hormones in meat, animal cloning and pollutants, according to a new survey commissioned by the region’s top food safety watchdog.
Huhtamaki said increased demand for its flexible packaging and films combined with favourable currency exchange conditions had boosted its net sales and earnings during the first nine months of the year.
UK exports of food and non-alcoholic drinks could reach record levels this year thanks to strong deliveries to non EU destinations, according to the Food and Drink Federation (FDF).
Symrise has seen its flavour and fragrance orders rebound to pre-economic crisis levels and has expanded its business with some key customers in the first half of this year.
Givaudan has reported a strong first half performance, with results boosted by the successful integration of Quest International as well as continued growth in developing markets.
Naturex’s has indicated that the first six months of 2010 have brought strong revenue-growth as it set about integrating the ingredients division recently acquired from Natraceutical, but all its business arms contributed to the fine results.
Sustainability has become a mainstream concern for UK consumers but does not necessarily translate into altered shopping behaviours, according to a new survey from The Nielsen Company.
Recently floated Chr Hansen has reported 11 percent growth in revenue for the first three quarters of 2009/10, with increased across all three of its business divisions.
Interest in baking at home has significantly picked up over the last six months, with baking mix manufacturers increasingly flagging up ease of use to respond to a growing demand for convenience in the kitchen.
Ready meals continue to lead the European market for frozen and chilled foods, although the category will likely undergo a wave of reformulation as manufacturers attempt to improve the health profile of their products.
French plant-derived ingredient supplier Naturex has reported revenues and profits in line with its 2009 targets, and is working on the full integration of recently acquired Natraceutical assets.
European food and drink exports saw a double-digit drop last year, reflecting a shrinking demand for most major food categories in foreign markets, according to a new report.
The European food and drink industry is the largest manufacturing sector in the bloc, coming ahead of the automobile and chemical industries, but R&D investment remains “insufficient”, according to a new report.
Around 80 per cent of chicken carcasses on the European Union market are contaminated with Campylobacter, according to a region-wide baseline survey by the European Food Safety Authority (EFSA).
Interest in locally-produced food has mushroomed in the last five years, indicates a new survey that considers manufactured food as well as locally grown and raised produce.
Australians have not been trading down to the same extent as Europeans, says a new report from Leatherhead on the effects of recession on food choices.
A Food Standards Agency (FSA) survey has found that the overwhelming majority of UK consumers consider one per cent milk to be an acceptable alternative to semi skimmed.
Associated British Foods has started its new financial year with a surprisingly good performance from its sugar business, causing analysts to raise their eyebrows and their H1 expectations.
New habits die hard – at least, so the latest research on UK shoppers indicate, as more than half of those questioned by IGD said they will continue to be careful about spending even after the recession has ended.
A new study has concluded that low carb-high protein diet leads to more atherosclerosis in mice, findings that could have implications for diet strategies if they also hold true for humans.
Naturex has succeeded in its stated ambition to become the world’s biggest independent botanicals extracts supplier by striking a deal that brings on-board the ingredients division of Spanish company, Natraceutical.
Over 50 per cent of Irish consumers are concerned about the safety of food imported from outside the EU – and 43 per cent about food from other EU member states – a new survey has indicated.
A new study of French eating habits has shown consumption changes over the last decade – especially among young adults who are hungry for packaged and convenient foods.
A Euromonitor International report has highlighted the rising importance of prevention of disease and unwellness as opposed to treatment in the minds of large swathes of consumers.
Consumer concern about pesticides, feed for livestock and antibiotics/animal medicines in food have decreased, claims a new survey from the UK food safety agency.
Nestle expects to carry on seeing growth in earnings over 2009 despite the global recession, using its strong 2008 results as a springboard for growth.
While the recession bites in the UK, and consumers tighten their belts, food and drink retail sales were up 5.1 per cent, on a like-for-like basis from January 2008.
The high cost of inputs that has dogged the food industry in recent times looks to have helped raise the profile of enzymes as cheaper alternatives to other ingredients, according to Novozymes’ annual report.
The frozen foods market is showing signs of a revival in the tough economic climate, with indications that consumers are switching back from higher-priced chilled foods to frozen alternatives in order to save costs and reduce waste.
UK consumers have worried less about salt and additives this year and more about saturated fat in their food, according to the latest barometer of food views conducted by the Food Standards Agency (FSA).
The market for low-fat and reduced-sugar foods rose 6.7 per cent in value in 2007, moving up from a 4.7 per cent rise in 2006, claims a new report from UK market researcher Key Note.
Food makers confronted by today's challenging economic times must continue to invest hard in innovation to beat the downturn. This year's SIAL, which opened yesterday in Paris, is a showcase of new ideas that could help to boost margins and...
The UK Department of Health (DoH) says that measures taken to combat the promotion of junk food to children seem to be taking effect – at least in terms of television advertising.
A new Eurobarometer survey that has revealed consumers’ views on animal cloning for food production to be overwhelmingly negative will be used by the Commission in its analysis of whether action is required on the subject, and if so, what kind.
Increased use of enzymes by brewers and demand for baking enzymes in emerging markets have helped Novozymes achieve impressive sales growth in its food division in the first half of 2008.
Children's favourite snacks are crisps, biscuits, cakes and
confectionery but the healthy eating message is filtering through,
according to a new survey.
The food industry has a window to research ways to reduce saturated
fat in products before the UK's FSA starts its consumer awareness
campaign at the end of this year, says an expert from ADM who is
anticipating a swell of interest...
