Korean food to influence 2012 flavor trends, says Bell
Korean food is likely to have a major influence on flavor trends in the year ahead, along with Greek and Cajun cuisines, according to Bell Flavors and Fragrances.
Archives for December 21, 2011
Looking back on a busy year for food industry M&A…
M&A activity increased by over a third in the past year, as food and beverage companies looked for new growth opportunities both at home and in new markets. FoodNavigator-USA looks back at some of the biggest deals of the year.
2012 set to see some heavyweight M&A activity? Definitely, say leading food market analysts
Is there appetite for M&A activity in 2012? Food market watchers reckon the sector could see some heavyweight deals next year despite the on-going credit lending challenges.
New Zealand must reduce salt intake, finds survey
Nearly 65% of adult New Zealanders are consuming more sodium than current nutrition guidelines in the country recommend, a survey has concluded.
Hong Kong raises bird flu alert
Hong Kong officials have warned of a possible outbreak of bird flu after a chicken carcass from a poultry market tested positive for the H5N1 virus.
Grease is the word for Swedish butter smugglers…
But it didn’t have groove and meaning for the two men when they were stopped by Norwegian police for trying to smuggle butter into the country.
Italy: EU bans pork exports from Sardinia due to ASF
The European Commission has banned all pork product exports from the Italian island of Sardinia to member states due to an African swine fever (ASF) outbreak.
Cadbury finalises $1.3m settlement in chocolate price fixing conspiracy
A US Federal judge has accepted Cadbury’s $1.3m (€995,863) offer to settle in class action lawsuit over its alleged part in a suspected chocolate price fixing scandal also involving Nestle, Hershey and Mars.
Pile on those truckin' pounds, say Kraft and peers, as opponents cite safety fears
US food giant Kraft says it hopes that more states are allowed to follow the lead of Maine and Vermont and allow heavier 97,000-pound trucks on interstate roads, although opponents fear safety issues.
Kraft and General Mills to launch dozens of new products in the New Year
Kraft and General Mills have both announced the launch of dozens of new products for the New Year, with Kraft’s line-up including a strong focus on customizable foods, and General Mills emphasizing the growing influence of multicultural consumers.
Coke sees fizz in Indian non-fizzy drinks market
Coca-Cola India has set up a division to innovate, sell and distribute juices, energy and powder drinks in order to garner a higher share of the growing non-fizzy drinks market in India.
Beneo: Prebiotic health claim rejections have put prospects “on hold”
The second part of this exclusive interview sees Beneo executive board member, Yves Servotte, explaining the cooling but not crushing effect of EU prebiotic health claim rejections on its inulin-chicory business.
Researchers offer improved methods for carmine extraction
Optimised methods of extracting the food colourant carmine could offer industry lower allergenicity and higher stability than currently used extraction techniques, say researchers.
Asian suitors and Kraft may move for United Biscuits as split rumours rife
UK-based United Biscuits (UB) may have attracted bidders from Asia and major companies like Kraft and PepsiCo amid rumours the company has split its operations into a snacks and biscuit division, according to an analyst.
Dutch salt policy makers eat too much salt, finds study
Health policy makers in the Netherlands have been found to consume more than double the recommended daily salt intake of 6 grams.
Treatt offers new FTNF black tea and hibiscus flavors
Flavor ingredient company Treatt has expanded its From the Named Food (FTNF) range of flavors with a black tea flavor and a hibiscus flavor, the company has said.
General Mills looks to China as profits slump 28%
General Mills profits fell 27.5% in its second quarter results as the company said it was eyeing investment in China to improve its fortunes.