US yogurt giant Chobani has set its sights on UK Greek yogurt category domination and is aiming to mirror its impressive US yogurt market achievements.
Global demand for almonds is increasing, with snacking driving a lot of opportunities. China is the premier snack growth region, says Bill Morecraft, General Manager of Blue Diamond Almonds Global Ingredients Division.
Rising food prices across Europe are not attributable to a failure of competition dynamics in the food industry, according to a report just issued by the European Competition Network (ECN).
A consecutive deficit in 2012/13 is set to move cocoa prices higher as supply struggles to meet rising demand for chocolate products in Asia, according to financial services group Rabobank.
Food giant Nestle has confirmed to ConfectioneryNews.com that it has suspended trade on its entire product range in Azerbaijan due to ‘supply problems’.
Vegetable oil and protein demand is strong in South Africa driven by a burgeoning population and rising incomes, and global oilseed player Bunge will target these lucrative markets through a new joint venture crushing facility.
There is currently an oversupply of certified sustainable palm oil (CSPO) in Malaysia due to a lack of demand from industry players, according to leading politician in that country.
Chr Hansen has an organic food colour project at development stage in the US although the Danish supplier said the market is unlikely to become significant in the near term.
Danish food ingredient supplier Palsgaard is building a new US $30m emulsifier factory in Asia, with production scheduled to start in the second half of 2012.
Although the market for finished poultry products is moving away from the budget sector in the aftermath of the recession, EU food firms remain firmly focused on discounted prices when sourcing ingredients, says the CEO of Rectory Foods.
While the proposed merger of Northern Foods and Greencore will inevitably mean job losses at both companies, it is unlikely to result in scores of factory closures, City analysts have predicted.
