Biscuits, chocolate and developing markets drive growth for Kraft in Q1
Kraft Foods is off to a solid start to 2012 in its first quarter (Q1) results driven by sales growth in global biscuits and chocolate and strong performance in emerging markets.
Archives for May 3, 2012
Ukraine combats livestock crisis
Ukraine’s Ministry of Agriculture has set a target to reverse the current downward trend in livestock numbers as soon as possible, and to stabilise its meat production.
Fresh, real and global lead upcoming snacking trends, says Hartman
Snacking accounts for nearly half of all eating occasions in the United States – and healthier, more global ingredients are increasing in popularity, according to market research organization The Hartman Group.
Food waste has big potential for value-added ingredients
New technologies are opening up big potential for the extraction of value-added ingredients from food production and processing wastes, according to one expert.
AAK posts record high Q1 results as food ingredients segment shines
Swedish-based firm AarhusKarlshamm AB (AAK) has recorded its highest ever first quarter (Q1) results driven by its food ingredients arm and its Golden Foods/Golden Brands acquisition.
Spanish researchers spell out 2020 consumer food trends
‘Eater-tainment’, ‘SuperSense’ and ‘Food Telling’ are among the food consumer trends predicted to be prominent in 2020 by researchers at Spain’s Azti-Tecnalia research and development centre.
'Pre-emptive’ measures will accelerate tainted product identification - USDA
The US Department of Agriculture (USDA) has outlined a series of measures to conduct future meat product trace backs in a “pre-emptive” manner to catch E.coli O157:H7 contamination at an earlier stage.
Food prices down slightly but remain high, reports FAO
Global food prices fell by 1.4% in the last month but seem to have stabilised at a relatively high level, says the United Nations Food and Agriculture Organization (FAO).
Commission rubber stamps Kellogg’s Pringles buy
The European Commission has cleared Kellogg’s $2.7bn deal to acquire snack business Pringles from Procter & Gamble (P&G).
Iglo Group chief executive shares vision for growth
Iglo Group has big plans for innovation, market development and factory investment across Europe and beyond, according to chief executive Martin Glenn.
Cacao & soy compounds show heart health benefits for diabetic women: Study
Supplementation with cacao-flavonoids and soy isoflavones may improve levels of biomarkers of heart disease in postmenopausal, diabetic women, says a new study.
Higher prices boost Kraft profit in Q1
Kraft Foods reported a 1.8% increase in first quarter profit after it raised prices for its products around the world and increased sales of its ‘power’ brands, particularly in developing markets.
GLG Life Tech receives cease trade order
Stevia supplier GLG Life Tech has stopped trading on the Toronto Stock Exchange after it received a full cease trade order from the British Columbia Securities Commission, due to delayed filing of its year-end financial statements and related documents.