Grupo Nutresa grows 8.9% in third quarter
Colombia’s Grupo Nutresa posted an 8.9% increase in third-quarter consolidated sales, totaling COP 7.2 trillion (US$ 2.2 billion) with a profit margin of 13.8%.
Archives for October 30, 2019
Consumption of MorningStar Farms up sharply in Q3 as plant-based trend gathers pace, says Kellogg
Legacy meat alternative brand MorningStar Farms – which has been steadily losing market share in recent years – has regained its mojo, gaining a point of market share and accelerating consumption growth to 11% in the third quarter, Kellogg CEO Steve...
Mankai duckweed, a fully-fledged superfood? New research demonstrates the green protein's health benefits
Duckweed, a high-protein aquatic plant strain, has significant potential as a superfood due to its ability to efficiently manage glucose levels, according to a team of researchers from Ben Gurion University of the Negev (BGU) in Israel.
‘Winning with words’: Storytelling leads Innova Market Insights top CPG industry trends for 2020
Storytelling is one of the most potent tactics food or beverage brands can use to win over consumers, who have become more interested in the story behind the products they’re purchasing, says Innova Market Insights in its top trends for 2020 report.
USDA draft hemp cultivation rule seen as consistent with state rules that already govern industry
The United States Department of Agriculture has issued its eagerly anticipated draft rule on hemp cultivation. The rule is viewed as largely consistent with many of the state rules already in place.
Portion sizes: charity identifies ‘plenty of opportunities for food business to do more’
A new guide offers assistance to food companies sizing up their portion reduction options.
Member States urged to amend milk VAT ‘discrimination’: ‘The tax rate for plant milks should at least be the same for cow’s milk – or even lower’
ProVeg International is calling on national governments to end ‘unfair’ VAT on plant milks, which it claims fiscally favours dairy products over their plant-based alternatives.
Pep & Lekker’s clean label answer to processed vegan food: ‘I was horrified by the number of ingredients I’d never heard of’
UK start-up Pep & Lekker launched in 2016 in response to the overly processed nature of vegan alternatives on the market. Three years on, we hear from co-founder Susan Gafsen on her motivation for starting the business and where she sees the market moving.
Vion to convert beef facility into plant-based site
Dutch meat processor Vion is to switch a beef processing facility in Leeuwarden into a dedicated plant-based site.
Investing in the Future of Food: Failure to invest in e-commerce threatens market share, reputation
With online sales of food and beverage representing only a small fraction of total sales, many established brands have taken a wait-and-see approach to e-commerce – focusing instead on tried-and-true retail channels – but according to the e-commerce...
What's important to food shoppers? Jam in their doughnuts and tasty vegan options
A software company has analysed 'Twitter noise' to determine the food trends important to today's UK shopper.
Veterinary antibiotic sales drop in the UK
Sales of antibiotics for use in food-producing animals in the UK have reduced by 53% between 2014 and 2018.
FiE 2019: An array of plant-based proteins on show
Here’s a taster of the plant-based protein solutions on display at this year’s FiE show in Paris in December.
Introducing the NaSu Burger: ‘The basic idea is totally different to Impossible or Beyond’
FoodSolutionsTeam (FST) is a company built around the mission to tackle food waste through the development of natural and sustainable products. With so much interest in vegan product development, the company is bringing out the NaSu Burger – a clean...
Coca-Cola, PepsiCo and KDP commit to new sustainability initiative and plastic reduction in the US
The three beverage companies have partnered with World Wildlife Fund, The Recycling Partnership and Closed Loop Partners on the Every Bottle Back initiative, announced this week in Washington DC.
Taura Ingredients to star fruit-based fibers for snacks at FIE
The fruit ingredient supplier will debut Jus Fruit Fibre+ designed for snack producers at Food Ingredients Europe, to be held December 3-5 in Paris, France.
Probiota Asia 2019
Probiotics online: Product star ratings and reviews a key growth driver in Asia – expert analysis
The growth of probiotics brands online in Asia is heavily and positively impacted by higher star ratings and the number of product reviews, meaning brands need to pay significant attention to such consumer feedback for regional success.
Vitafoods Asia 2019
Soy strategy? Kerry looks beyond pea protein to tap into Asian trends
Kerry is planning to expand its range of plant-based protein, beyond pea, to target Asian consumer’s taste buds.
Fi Asia Thailand 2019
WATCH: From kitchen to supermarket: Thai firm Nithi Foods on a mission to create unique packaged flavours
Thai food technology firm Nithi Foods is on a mission to help companies bring unique flavours to supermarket shelves as retail products, using its own proprietary technology.
Seasonal shine: Coca-Cola Japan’s ILOHAS releases white grape flavoured fruity water
Coca-Cola Japan’s natural mineral water and fruit-flavoured water brand ILOHAS has launched a new white grape flavoured water in the country, in tandem with the autumn season.
Lovely lolly? Nestle brand slashes sugar and adds dietary fibre to lolly range
Nestle’s Australian confectionery brand Allen’s has launched a 25% less sugar range of lollies amidst soaring demand for more natural and healthy ingredients.