Bell Food Group has said that it wants to be a 'leading supplier' of convenience foods in Europe. The company hopes to acquire Hügli in an all-Swiss affair that will help it on this journey.
Industry players and a market researcher speculate how Norway’s 83% increased duty on chocolate and sugar products, which took effect on January 1 this year, will affect sales.
Bakkavor, the leading UK fresh prepared food manufacturer, wants to “accelerate” its growth in “high potential” international markets like China and the US while continuing to benefit from category growth in the UK.
Nestlé has said that it wants to deliver “industry leading volume growth” by leveraging key consumer trends. The company detailed exactly how it intends to achieve this at its investor summit in London yesterday (26 September).
Sugar confectionery consumption in Europe may have peaked, but a spike in Germany’s birthrate signals hope for the future, says Katjes International’s CFO.
Global demand for meat will require industry to grow animals faster than ever before, which in turn will fuel growth in the protein ingredients market, according to a study.
Emerging market slowdowns are having a knock-on effect on the global packaged food market, according to market analyst Euromonitor, which has downgraded its growth forecast for the next five years. “It’s understandably of a concern to many in the industry."
Multinational food processor Tyson Foods’ transition from a meat provider to a branded food company has made it a financially “stronger” outfit ready for growth, according to the business.
Beneo has developed translucent chewing gum coatings from isomalt that allows colors and designs in the gum's core to be visible in the finished product.
Russian biscuit market leader Mondelēz International has begun producing Oreo in Russia and plans to enhance distribution and marketing support to leverage the brand.
Growth at the fragrance and flavour company was fuelled by the acquisition of the Diana Group and a particularly strong quarterly earnings beating forecasts, said the company.
By Pinar Hosafci, food analyst, Euromonitor International
Processed meat has reached saturation point in developed markets, with Europe seeing a stagnant value compound annual growth rate (CAGR) over 2009-2014, according to Euromonitor International, a trend further exacerbated by slow population and economic...
The European sugar confectionery market is forecast to decline in the next few years as regulators and consumers consider the impact of sugar on public health, according to a report by Frost & Sullivan.
Kellogg has secured a gateway to introduce its own brands in the promising MEA region by acquiring a controlling stake in Egyptian biscuit maker BiscoMisr, says an analyst.
Chocolate still rules the roost in Sweden, but two improbable sub-segments are set to help the sugar confectionery category grow faster in the next five years, according to market analysts Canadean.
Kerry Ingredients & Flavours has opened a new emulsifier plant in Europe, which will free up capacity at its existing Asia facility to capitalise on growth.
The global food preservative market is set to grow at a compound annual growth rate (CAGR) of 2.5% in the next five years, according to a new report from Markets and Markets.
Many consumers around the globe are turning away from meat as health, price and ethical concerns grow. But the latest market research indicates that meat substitutes are failing to pick up the slack.
Leading spice firm McCormick continues in its strategy to expand
its business into areas of strong growth potential, announcing last
week that it is to acquire an Asian food company.
Food makers and their suppliers will be wise to continue their
drive into Asian markets, with a new report revealing the region
will grow to achieve a 41 per cent slice of the global food retail
market in 2020, a leap from 33 per...
Ongoing impact of consolidation in the global food and drink
industry is evident in the cost-cutting exercise by Novozymes', the
world's number one enzyme supplier, set to relocate all Swiss
supply chain operations to Denmark...
Number one natural colours firm Chr Hansen builds on ambitions to
penetrate deeper into this growing market with the launch of a new
range of natural reds that tackle stability for beverage
formulations, reports Lindsey Partos.
Danish ingredients firm Chr Hansen has benefited from the growing
demand by food makers for natural colours. Higher sales of natural
colours helped to lift profit figures in a third quarter that also
gained from the increasing popularity...
The market for European phytonutrients producers appears to be
threatened by cheap imports from Asia, cites a new report from
market analysts Frost & Sullivan this week.
The US nutraceuticals market had a value of $30,441 million
(€34,120 million) in 2000 and is expected to grow at a faster pace
than the overall food industry.
