Organic for Chile, cassava for Mexico: Lorenz on its tailored export strategy for LATAM
The Latin American market is so diverse that every country needs a different product and approach, says Brazilian starch supplier Lorenz.
Archives for September 4, 2019
Babassu oil can rival coconut for taste, nutrition and functionality
Toasted babassu oil is a perfect substitute for coconut oil thanks to its delicate flavor profile, lower price, and similar nutritional and functional qualities, says Concepta Ingredients.
Scottish Government pledges venison research funding
The Scottish Government has confirmed that it will fund research to the tune of £20,000 to help domestic venison producers and processors better understand the market, its challenges and opportunities.
Hormel Foods unveils plant-based range
Hormel Foods has become the latest producer to enter the plant-based meat alternatives market with the launch of the Happy Little Plant brand.
Five startups form alliance to provide clear path to market for cell-based meat
BlueNalu, Finless Foods, Forke & Goode, JUST Inc., and Memphis Meats have formed a coalition called the Alliance for Meat, Poultry & Seafood (AMPS) Innovation to carve out a clear path to market for cell-cultured meat, poultry, and seafood.
Thrive Market embraces glyphosate-residue-free certification
Online natural products retailer Thrive Market has teamed up with The Detox Project to ask suppliers - where applicable - to go through the Glyphosate Residue Free certification process.
Jimmy Dean pushes 'breakfast all day' concept, eyes future entry into plant-based protein
Renewed consumer interest in convenient and filling breakfast products is accelerating Tyson Foods' legacy brand Jimmy Dean, which has grown total dollar sales at six times the rate compared to total food and beverage, according to Nielsen sales data*.
Frutarom upcycles organic soy germs for shakes, pasta and baked goods
Israeli ingredients company Frutarom Health has developed an organic version of its SoyLife Complex soy isoflavones with zero waste.
Too Good To Go turns food waste into business: ‘It really is a win-win-win concept’
CEO and co-founder of food waste app Too Good To Go, Mette Lykke, is taking an entrepreneurial approach to sustainability: “We are taking an issue that everyone loves and turning it into a win for everyone.”
Greencore expands in UK food to go with Freshtime acquisition
UK food maker Greencore has acquired food-to-go company Freshtime. The deal expands its presence in a UK growth category that nevertheless remains highly competitive.
Food sector suppliers ‘defy sustainability commitments’, report warns
A lack of environmental action from food suppliers is undermining commitments made by high-street food brands, according to the $16 trillion-backed FAIRR investor network. But Europe is faring better.
Tyson facing a challenging fourth quarter
US processor Tyson has reported “short-term challenges” that it expects to impact fourth quarter earnings.
Campbell to shed European chips arm in estimated $80m deal
Shortly after releasing its 2019 fiscal year earnings, the soup and snack company said it would sell UK-based Kettle Foods and Netherlands-based Yellow Chips to a private equity firm.
Sustainable retail: Australian zero-waste store looks to conquer Asia
Australian zero-waste retail store The Source Bulk Foods is looking to take on the Asian market, promising a large variety of natural, high-quality whole food selections and a focus on localisation.
‘Mandate Health Star Rating system’: NZ report demands ‘real action’ over ultra-processed foods
A new New Zealand report has revived calls for the government to make the Health Star Rating (HSR) system mandatory in the country after highlighting that almost all leading food brands carried high numbers of ultra-processed foods.
‘In India, for India’: PepsiCo looks to double local snacks business
PepsiCo India is looking to double its local snacks business by 2022, based on an all-round local focus spanning people, ingredients, manufacturing, along with investment of some INR5.14bn (US$71mn).
Better quality: China adds new requirements to product labelling and health food raw materials filling
Health foods firms selling to China will need to adhere to more product labelling requirements in January next year and new guidelines for raw material filling process will kick in from next month.
Health & Happiness brand Good Gout to foray into China’s potential-packed kids’ healthy snacking market
French organic snack company, Good Gout is expanding quickly into China’s US$14 billion children snack market through e-commerce platforms, and plans to enter Hong Kong and Singapore in September.
Cash crop: Thai authorities approve use of hemp in food, cosmetics and CBD in herbal products
Hemp and CBD are now allowed for use in herbal products made in Thailand after the authorities relaxed restrictions on their use.