Big trouble in little China as Mondelez misses expectations
Mondelez International has fallen short of sales expectations in the third quarter (Q3) as the slowing Chinese economy dented consumption, particularly in its biscuit category.
Archives for November 7, 2013
Nofima meats packaging evaluation demands
A meat manufacturer has sought the help of a Norwegian research institute to evaluate barrier properties of its revamped packaging and avoid discolouration.
Barry Callebaut results: Petra costs and inefficiencies to blame for 2012/13 profit slump
Barry Callebaut has recorded a 4.9% drop in net profit for the fiscal year 2012/13 as it integrates Petra Foods’ cocoa business and experiences capacity constraints.
‘Deceptive labeling scheme’ rejected by Washington voters
The Biotechnology Industry Organization (BIO) has blasted Initiative 522, a food labeling proposal, after it was rejected by voters across Washington.
Nutrition and obesity studies may overstate results, warn researchers
Many studies focusing on obesity and nutrition may overstate conclusions of their findings, which may lead to policy makers and other researchers basing decisions on inaccurate assumptions, according to new research.
Special Edition: Botanicals
Any moment now… Is curcumin momentum building towards a tipping point?
It has been described as ‘one of the biggest-growing products in the botanical market right now’ and ‘the next omega-3’, so is the momentum building towards a tipping point for curcumin?
Nestlé sells Jenny Craig weight management business in North America and Oceania to PE firm
Nestlé has sold its Jenny Craig weight management businesses in North America and Oceania to Connecticut-based private equity firm North Castle Partners for an undisclosed sum.
Global non-GMO market could reach $800bn by 2017; demand not unanimous
The global market for non-GMO food and beverage products shows great promise in the coming years, but its success is far from guaranteed, as global consumer support for mandatory GMO labeling is mixed, and there is little indication of a surge toward...
WRAP: Households throw away 4.2 million tonnes of food and drink annually
UK households are throwing away 4.2 million tonnes of food and drink annually worth £12.5bn, according to Waste Resources Action Programme (WRAP).
Irish trade mission explores Gulf opportunities
The blossoming links between Ireland and the Middle East have been under the spotlight this week, as the Minister for Agriculture, Food and the Marine, Simon Coveney, leads a week-long trade mission to the Gulf States of the UAE, Qatar and Saudi Arabia,...
Palm oil special
Case study: The little palm oil processor that pushed the boundaries
In July, we reported on the first certified sustainable palm oil (CSPO) shipment from Thailand to Europe, bringing the world’s third-largest producer of the crop in line with other sustainable exporters. We thought we would follow this up as part of our...
Jenny Craig bought from Nestlé, Australian jobs not under threat
Nestlé has announced it has sold its weight management business, Jenny Craig, in Australasia and North America to a US-based private equity group North Castle Partners.
The Botanical Explorer: We’re on the cusp of a new era with phytonutrients
New science developing around phytonutrients is opening the doors to an entirely new domain, but understanding how to use the information and combining this with ethical cultivation will have to go hand in hand for successful commercialization, says the...
Kerry Group moves into Middle East
Global ingredients and flavours company Kerry Group is the latest to step into the Middle East, in line with recent studies showing growing consumer demand for processed foods across the region.
European Union moves toward GM corn approval
The European Union has moved toward approving a variety of genetically modified (GM) maize for cultivation, 12 years after a request was first filed.
Natural ingredients are getting better - but it's still a developing area
Switching to natural ingredients often requires companies to go back to the formulation drawing board, but there have been some big improvements, according to head of food innovation at Leatherhead Food Research, Dr Wayne Morley.
Trans fats: Partially hydrogenated oils should be phased out in months, not years, says expert as FDA considers revoking their GRAS status
News that the FDA is considering revoking the GRAS (generally recognized as safe) status of partially hydrogenated oils (PHOs) in a bid to eradicate artificial trans fats from the US food supply has been broadly welcomed. But how long should the agency...