News in Brief
Hormel completes $850m takeover
Hormel Foods has clinched its acquisition of deli meats producer Columbus Manufacturing for US$850m.
Archives for November 29, 2017
Study supports use of cricket powder in emulsified meat products
Cricket powder has the potential to be used in emulsified meat products as a non-meat functional ingredient, according to a new study from scientists at Purdue University and Texas A&M.
Soom Foods: ‘The aim is to make tahini a pantry staple in food service and at home’
With sales doubling year-on-year and two of its founders named in Forbes’ 30 Under 30 Class of 2018 in the Food & Drink category, Soom Foods is showing how success in food service can drive retail sales.
Argo brings cold-brewing to tea as next step in health & wellness and premiumization trends
Cold brewing – along with its health benefits, unique flavor profile and its market energizing success – is no longer restricted to coffee thanks to Argo Tea’s launch earlier this fall of three ready-to-drink Single Estate Cold Brew Teas.
Smart Flour Foods helps clean up the frozen snack aisle with better-for-you twist on classic pizza roll
Consumers no longer have to trade nutrition for convenience when shopping the frozen snack aisle thanks to innovative companies, such as Smart Flour Foods, that are revamping classic comfort foods with cleaner ingredient decks that also deliver on taste...
RSPO focuses on smallholders in support of sustainable palm oil
The Roundtable on Sustainable Palm Oil and United Nations Environment Project have joined forces to help promote sustainable practices among smallholders producing palm oil as the environmental group sharpens its focus on smallholder farmers.
Unleashing the power of free: How free-from can broaden its appeal
The ‘free-from’ phenomenon is reaching a tipping point. Originally born out of dietary necessity, it’s now taken a global grip with hyper-health conscious consumers, who love to experiment with new food and drinks that deliver all of the good stuff free...
Special Edition
WATCH: Are weight management and the gut-brain axis the hottest research areas in probiotics and prebiotics?
The potential health benefits of prebiotics and probiotics are seemingly endless, with streams of data touting new mechanisms and pushing the boundaries of microbiome science. In this special edition video we ask a number of experts where they see the...
News in brief
Beyond Meat’s plant-based burger lands Shaw’s listing
Beyond Meat’s revolutionary plant-based burger has secured a listing at US supermarket Shaw’s, meaning the patty can now be bought in over 4,000 supermarkets.
Croatian meat processor to invest €5.2m to upgrade plant
Croatian meat processor Gavrilović d.o.o. has obtained an investment grant of about HRK19.66 million (€2.6m) from the country’s government to finance a number of investments at its plant in Petrinja, Croatia.
‘Leading’ sausage casings supplier buys five firms
DAT-Schaub, which has ambitions to be the world’s best natural casings supplier, has acquired a majority stake in five companies across South America and Spain.
Ag water standards dominate Produce Rule queries on FDA network
A GAO report on a FDA system has found most FSMA produce-rule related questions concerned agricultural water standards.
Wellard may restructure further to cut costs
“Further restructuring” of loss-making livestock exporter Wellard could be on the way, the company’s chairman David Griffiths has warned.
Britvic ‘well placed’ to navigate sugar tax with 72% of portfolio below threshold
Soft drinks company Britvic says the introduction of sugar taxes in the UK and Ireland will bring ‘a high level of uncertainty’, but believes it is well prepared thanks to innovations in low and no calorie beverages.
Buy Danish fruit and vegetables to cut pesticide residues, says NFI
Buy Danish or organic fruit and vegetables to reduce intake of pesticide residues, says Denmark’s National Food Institute - although must residues do not exceed safe limits.
Consumers will see increased integration of holograms across Asia, India and China
Consumers will see an increased integration of holograms across Asia, India and China, over the coming months thanks to a global demand for authentication and brand protection, according to IHMA (International Hologram Manufacturers Association).
Food Vision USA 2017
Former KIND Snacks investor says Kraft Heinz and PepsiCo need to ‘stay authentic’ to acquired brands
Former KIND Snacks’ investment firm, VMG Partners, was asked during the recent Food Vision USA in Chicago if big food companies like Kraft Heinz and PepsiCo should acquire emerging products or create their own brands to scale up innovation. Its response:...
Sample6 to focus on food safety software
IEH Laboratories & Consulting Group (IEH) is to acquire all assets related to the Sample6 DETECT platform.
News in brief
Kellogg to open cereal café in New York City
Kellogg will open its permanent cereal café in New York City’s Union Square neighborhood on December 14, 2017, after experiencing its first year of ‘success’ in Times Square.
Nestlé hit by new Maggi noodle setback in India
Nestlé and six distributors have been fined around US$92,000 after test results revealed samples of its Maggi noodles were “sub-standard”.
Five top technology launches showcased at Gulfood Manufacturing
Take a look at some of the new technology and services on view in the halls of Gulfood Manufacturing 2017, held in Dubai.
Bega continues acquisition spree with peanut firm purchase
Australia’s Bega Cheese has announced its acquisition of the Peanut Company of Australia (PCA) Limited, further expanding its portfolio of brands outside the dairy sector.
Vitasoy revenues rise on the back of successful China growth strategy
Hong Kong-listed soy milk and tofu manufacturer Vitasoy has seen revenues rise by 21% but profits dip by 14% for the first half of the year, largely due to the impact of the sale of its North American business in 2016.
Investor interest in UN sustainability goals on the rise: Chr. Hansen
Financial backers are increasingly concerned with food firms' sustainable activity, with Chr. Hansen saying investor interest was a key driver for its decision to assess all its products against the UN Global Goals for Sustainable Development.
Danone links up with Lazada for South East Asia infant nutrition e-commerce expansion
Danone is linking up with online retailer Lazada to expand its e-commerce infant nutrition offering across South East Asia.