Strategic shift: Fonterra to divest Oceania and Sri Lankan businesses for dairy ingredients focus
17 May 2024 --- Dairy giant Fonterra is planning “full or partial divestment” of some or all of its global consumer businesses, including Fonterra Oceania and Fonterra Sri Lanka. The move is expected to be a “step-change in... Read More
US government encourages organic farming transition with new support package
17 May 2024 --- The US Department of Agriculture (USDA) is bolstering support for organic farmers through new programs, partnerships, grant awards and an additional US$10 million in funding. The programs will support the development of new and better... Read More
Beyond The Headlines: Nestlé advances pet food production, Symrise eyes 7% organic growth
17 May 2024 --- In this week’s industry updates, Nestlé Purina expanded its pet food production in Mexico. Symrise’s new CEO announced this year’s expected growth, while Unilever was recognized for the creative marketing of... Read More
Natural toxins in food can be a health hazard, warns German Federal Institute for Risk Assessment
17 May 2024 --- The majority of Germans (53%) are not aware of the existence of natural plant toxic substances, finds a new survey by the German Federal Institute for Risk Assessment (BfR). These are largely chemical compounds that plants use as... Read More
Ingredient Focus : Natural Preservation
Innova Market Insights data suggests that there was a 4% average annual growth for food & beverage NPD with natural preservation ingredients from 2019 to 2023. Europe (52%) was the leading region for these launches. Additionally, there was a noticeable increase in meat substitute launches with... More
Analysis Feature Animal-free innovation
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TOP 5 SELECTED INGREDIENTS AS A PERCENTAGE (%) OF FOOD & BEVERAGE LAUNCHES VEGAN CLAIMS (GLOBAL, 2023)