Iran eyes opening on Russian meat market
Iran plans to take advantage of tensions between Russia and the West by replacing some European meat supplies on the Russian market, say Iranian officials.
Archives for September 25, 2014
UK food and drink companies see margins ‘flatline’
The largest food and beverage companies in the UK have seen average margins flatline at 5.2% over the past two years, according to research from OC&C Strategy Consultants.
Australia
Deregulating complementary medicines would save A$70m a year
Australia’s complementary healthcare industry lobby has called on Canberra to embrace deregulation of non-pharmaceutical medicines as a means to reduce costs while safeguarding consumer health.
Food Justice Certified label aims to verify fair treatment of farm laborers, others in food chain
After a years long pilot process, the new label Food Justice Certified is ready for market. The new designation aims to do what the USDA Organic Certification does not, and that is to verify that in every link of the food chain there is fair treatment of...
Ingredients giant Glanbia invests in gluten-free
Global food ingredients giant Glanbia Nutritionals has pumped millions of pounds into a new modern oat milling facility to boost its presence in the gluten-free (GF) ancient grain market.
Chinese producers recognised at pig awards
Thirteen Chinese pig producers have been awarded Good Pig Production Awards in recognition of their efforts to improve animal welfare.
Chicken source of outbreak at Food Safety Summit
Chicken Marsala contaminated with Clostridium perfringens was the most likely source of an outbreak at the Food Safety Summit.
DISPATCHES FROM GLOBAL FOOD SAFETY, MADRID
Collaboration is takeaway message, says event organiser
The key takeaway message from a conference around food safety is to collaborate, according to the producer of the event.
China
Chinese biscuit maker Jiashili in $48m IPO
China’s sixth largest biscuit firm Jiashili Group has successfully listed on Hong Kong stock exchange and aims to innovate to grow its market share.
ACTEGA eyes up PVC-free demands from Asia
Asian awareness of PVC-free packaging is growing, according to ACTEGA DS, a company which produces coatings and sealants for the industry.
China to overtake US as largest dairy market by 2017: Euromonitor
China will overtake the United States to become the world’s largest dairy market by 2017, Euromonitor has predicted.
'The grazing ruminant business is the most attractive one for us in Australia,' Alltech talks strategy after Lienert acquisition
Global animal nutrition group, Alltech, says it is intending to leverage the technical know-how and reach of recently acquired premix manufacturer Lienert, to develop the dairy and beef side of its business in Australia.
Robertet opens new $20M divisional HQ in Mount Olive, NJ
French flavor, fragrance and natural ingredients specialist Robertet has opened a new $20m, 115,000-square-foot facility in Mount Olive, New Jersey, that will serve as the new HQ of its US fragrance and ingredient division.
Chobani to power Team USA until 2020 after inking new deal with Olympic Committee
Chobani will serve as the official yogurt provider to Team USA for the 2016 Olympic and Paralympic Games in Brazil, the 2018 Olympic and Paralympic Winter Games in South Korea, and the 2020 Olympic and Paralympic Games in Japan after striking a new deal...
Foster Farms recalls 1,223 cases of chicken due to Listeria
Foster Farms is recalling almost 40,000 pounds of frozen pre-cooked chicken due to possible contamination with Listeria monocytogenes.
From ancient grains to 'industrial artisanal' production: Rabobank unlocks the growth opportunities in baked goods
Sales of packaged bakery products have been sluggish for years as shoppers have shifted their focus from the center of the store to the perimeter, but there are pockets of opportunity in industrially-produced 'artisanal' goods; ancient grains; wraps &...
Annie’s/So Delicious deals just the beginning says corporate finance expert: CPG giants now eyeing up natural firms with revenues of $10-25m
While the jaw-dropping amount that General Mills paid for Annie’s ($820m) raised some eyebrows, it was “worth it”, says one corporate finance expert who says big CPG firms are increasingly eyeing up acquisition targets in the natural and organic foods...
Millennials want bold flavors, convenient protein, natural, organic, gluten-free, and non-GMO, says Diamond Foods
Diamond Foods is "competing with products addressing the trends in convenient protein, natural, organic, gluten-free, and non-GMO", CEO Brian Driscoll told analysts Thursday. And while its nuts and chips tap into some of these trends, he said, "We plan...
Antibiotic concerns depress Swedish demand for meat imports
Growing fears over the widespread use of antibiotics in farm animals helped to drive a fall in demand for imported meat in Sweden in the first half of 2014, but Russia’s EU food trade ban might reverse that trend, said experts.
Recipe for success? Top companies link sustainability to business performance
Unilever, Nestlé and Diageo are the most sustainable companies in the food and beverage industry – but more needs to be done to link sustainability efforts with business performance, according to a new report from certification body DNV GL.
Curcumin shows heart health benefits by ‘multiple mechanisms’
Daily supplements of curcumin, the yellow pigment that gives turmeric its color, may improve heart health in lab rabbits fed a diet high in cholesterol, says a new study.
Mead Johnson unveils $325m Singaporean production and R&D site
US infant formula giant Mead Johnson Nutrition has bolstered its presence in the lucrative Asian market with the opening of a Singaporean research and production site.
Get rid of nutrients and focus on foods in guidelines, says sat fat researcher
Science should look beyond LDL cholesterol and saturated fat, which have dominated cardiovascular research until now, towards other contributing factors and a food-group approach to guidelines, according to one researcher.