A Greek exit from the euro could lead to a strong export boom – or it could lead to a depression and hurt eurozone growth, thus wiping out export demand, according to Euromonitor economist Daniel Solomon.
FrieslandCampina has boosted stocks of infant formula and condensed milk in Greece, where consumers are stockpiling food following the closure of banks.
MEPs passed a resolution last week demanding decisive action to stop the spread of the Xylella bacterium, which has already destroyed thousands of olive trees in Italy.
The Japanese diet can rival the Mediterranean diet for both health benefits and consumer pulling-power – with the added bonus of 'undiscovered' ingredients waiting to be developed by Western food manufacturers.
Greek yogurt manufacturer KRI-KRI does not expect to experience any supply issues in or outside Greece as a result of the fire that tore through its Serres yogurt production plant on Christmas Eve.
The European Commission has granted protected status to three additional products – Santorini tomatoes, Yorkshire Wensleydale cheese and Turkish baklava.
The UK Greek yogurt market is suffering from somewhat of an identity crisis, with near-identical products marketed under different names. Some would say the High Court ruling that caused the situation has created clarity, others claim it has left the...
Cash-strapped consumers demanding value mean that cheese producers need to reinvent themselves in order to 'produce more for less', according to Chr. Hansen's managing director of cheese cultures, Søren Herskind, while private label growth...
Greek consumers are likely to curb their spending on relatively new additions to their diets due to the austerity measures, predicts Euromonitor's expert on Greece, meaning that multinational firms will be more affected than Greek companies making...
Measures to support the sustainable development of Europe's olive
oil crops find their roots in reform to the EU's Common
Agricultural Policy (CAP) cleared in June. The Commission is
working on new rules to take this further...
Feta cheese is the latest food product to be protected by EU law,
joining the ranks of Champagne, parma ham or Newcastle Brown Ale.
The ruling that only Greece makes real feta cheese is a major blow
for producers in Denmark, where...
Campbell Soup Co. said that its fourth-quarter earnings fell 12 per
cent, because of a charge to restructure Australian manufacturing
and of higher interest costs following the purchase of several
European brands from Unilever Plc.
