PureCircle predicts net profit increase of 73% for 2015
A global boom in stevia leaves Malaysian supplier PureCircle on track to hit a net profit increase of 73% for this financial year compared to last.
Archives for July 7, 2015
One-third of Germans question stevia's healthiness
Germany is a leading market for stevia-derived sweeteners in Europe – but more education is needed to further boost its usage, according to Mintel.
Kazakhstan eases Ukraine meat import restrictions
Kazakhstan has lifted restrictions on eight livestock companies in Ukraine, following negotiations with a delegation from the World Trade Organization (WTO) on the issue, according to the country’s Economic Development Ministry.
Whole Foods challenges evaporated cane juice lawsuit: Consumers ‘intuitively’ know ECJ is from sugar cane
Consumers intuitively associate ‘evaporated cane juice’ (ECJ) with sugar cane and are well aware that it is a sweetener, Whole Foods Market has argued in a motion to dismiss a false advertising lawsuit.
DIC Corp unveils state of the art spirulina extraction plant to meet growing demand for natural blue food color
Tokyo-based DIC Corporation - which claims to be the world’s largest producer of spirulina – has finished building a $10m state-of-the-art extraction plant for the blue-green algae in southern California to meet growing demand for natural blue food...
Ingredion to buy fruit and vegetable concentrates maker Kerr Concentrates in $100m deal
Sweeteners and starches giant Ingredion is expanding its portfolio of clean-label ingredients via a $100m deal to buy fruit and vegetable juice concentrates maker Kerr Concentrates.
NPD watch
Oreo Thins: Mondeléz taps 'light bites' trend with new SKU but is it chic enough?
Mondelēz International’s skinny cookie Oreo Thins cater to demand for lighter bites in the U.S. but analysts question the product’s billing as a sophisticated adult cookie.
EU wheat to maintain competitive edge over US
More bakers could source more EU wheat as a strengthening dollar and uncertain weather conditions in the US make prices more competitive, says a grains expert.
Food and drink firms plug water use by 24%
Food and drink manufacturers have slashed their water use by nearly a quarter in the past eight years, as it emerged water deregulation in England could save firms millions.
Bulgarian poultry industry gets boost
Bulgaria’s poultry meat production rose in 2014, while red meat output fell, according to the Bulgarian Ministry of Agriculture and Food (MZH).
DISPATCHES FROM CODEX ALIMENTARIUS, GENEVA
Trichinella parasites in pork subject of Codex guidelines
Guidelines to ensure pig meat is safe from Trichinella parasites have been adopted by the Codex Alimentarius Commission (CAC).
How can the CSR halo benefit everyone?
Ethical business practices are gaining more currency each day, but is a common framework needed to ensure the benefits reach all involved - the company, the consumer and the cause?
Canadian protein firm recalls beef lips products
A Canada protein firm has recalled 1,540 pounds of beef lip products produced in Australia that were not presented at the US point of entry for inspection.
Boulder Brands slashes salaried headcount by 15%; unveils more ‘streamlined’ structure
Boulder Brands – the firm behind EVOL Foods, Udi’s Gluten Free and Smart Balance – has reduced its salaried headcount by 15% and integrated its sales, marketing and innovation functions as part of a restructure following the departure of CEO Steve Hughes.
India moves to establish melamine limits for infant formula
India has moved to establish a maximum limit for melamine in liquid and powdered infant formula.
This week Down Under
Victoria urges other states to form national ban on powdered alcohol
Victoria urges states to join it in national ban on powdered alcohol