The financial crisis has also led to a consumer crisis of confidence – but nearly nine out of ten French shoppers see the economic slump as an opportunity to revise consumption habits, according to Nutrimarketing’s Sophie de Reynal.
Acquisition-hungry firm Frutarom continued its rapid growth strategy, today announcing an "extremely synergetic" €5.2m deal to buy Chr. Hansen's savoury functional systems activities in Germany.
Prices for key commodities used by food manufacturers may have eased since their peaks last year, but the cost of cereals and vegetable oils in the near term will remain far higher than pre-2008, projects the OECD.
The Finnish food group Raisio said it will come to a decision within days on whether to dramatically cut its vegetable oil production because of a glut in the market.
