The French vegetable producer, due to make a major acquisition in the US next year, this morning reported a drop in its margins but said its profitability and activity are still in line with targets.
Bosch Packaging Technology has hailed “remarkable” sales growth in a stagnant North American market, where trade increased by nearly a fifth in full-year results for 2015.
Fears of job losses following the merger of Kraft and Heinz appear to have been realised, as the food giant announced factory closures and job cuts in North America.
Nestlé has reported a better than expected sales jump of 4.4% with sales totalling CHF 20.9bn (€20.25bn), boosted by sales of bottled water and chocolate.
Back when Europe and North America were there dominant growth markets for the food industry, Asia was considered as little more than an extension of their traditional business and dominated by unorganised local companies.
The Canadian pork industry could have stood to lose CA$1.7bn annually, over the next 15 years, had the decision not been made to move away from the use of gestation crates, animal welfare group Humane Society International (HSI) Canada has claimed.
Tate & Lyle continued to tout its Drop by Drop flavoured ‘water enhancer’ at FIE in Frankfurt last week following on from successful product launches in the United States – but will it do so well in Europe?
The tonnage of cocoa beans processed in Europe in the third quarter by the likes of Barry Callebaut and Cargill has risen by 4.7%. Euromonitor says the industry is playing catch up and rising cocoa butter prices may led to more expensive chocolate for...
Natural colours have overtaken their synthetic counterparts for the first time ever, and the trend towards clean label products is one of the key drivers according to new data from Mintel and Leatherhead Food Research.
CSM has released a 2012 unaudited trading update to inform potential buyers from the US and Europe on business progress ahead of its mid-year divestment.
CSM’s soon-to-be axed bakery supplies business shined in the third quarter alongside a ‘satisfactory’ performance of the future bio-based business, its CEO said.
Strong growth in emerging markets was a major driver of increased sales in the first nine months of 2012, according to Switzerland-based flavour and fragrance firm Givaudan.
Frutarom has posted strong double digit growth figures for its second quarter/half year results, driven by acquisitions, organic growth, price increases, falling raw material costs and more favourable purchasing deals.
German confectionery coatings firm Capol will have increased presence in the United States after its private equity owner purchased a US distribution business.
Symrise’s flavour and nutrition division nailed an increase in sales in the first half (H1) of 2012, driven by performance in emerging markets and increasing sales with major customers.
Europe and North America were the worst performing regions for Nestlé according to its first half (H1) results, while Asia, Oceania, Africa and emerging markets delivered double digit growth.
Rampant acquisitionist Naturex will make 3-4 European and North American acquisitions in 2012, once it completes a deal with an unnamed Asian supplier by the end of March, CEO, president and founder, Jacques Dikansky has told this publication.
New research revealing how food ingredients are interconnected by their flavour compounds could help industry formulators develop new flavour combinations, say researchers.
Dutch bakery ingredients supplier CSM has issued a profit warning, claiming it will not meet its earnings expectations due to lower spending from recession hit consumer.
Analysts estimate that the ingredients division of Associated British Foods (ABF) is likely to have a tough second half in line with the “lacklustre” operating performance in the first six months.
About one-third of the food produced globally for human consumption each year is wasted, according to a new report from the Food and Agriculture Organization (FAO).
Rising health concerns, all-natural credentials and growing regulatory approval are all driving stevia’s rapid market growth, finds a new report from Zenith International, which forecasts worldwide sales will more than triple in volume by 2014.
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.
Food and beverage companies should look to Asia to bolster their business in times of economic crisis, while differentiating their products closer to home, according to a Frost and Sullivan analyst.
The multinational food corporation Royal Wessanen has announced plans to exit North America to concentrate on its European natural, organic and specialty food products as part of a strategic overhaul.
Global food safety and quality analyst firm, Intertek, has continued its recent series of collaborations with the acquisition, announced today, of the North American food facility auditing company, RQA.
Symrise has finalized its acquisition of Chr Hansen's flavorings
business in a move that will bring the company broader market
coverage in the US as well as a more diverse ingredients portfolio.
