Cream cheese in minutes: Arla Foods Ingredients solution cuts process time

15 Aug 2018 --- Arla Foods Ingredients is set to launch one of the world’s fastest cream cheese manufacturing processes at Food Ingredients South America (São Paulo, Brazil, August 21-23, 2018). The protein solution can cut cream cheese-making process from 20 hours to just 30 minutes, according to the company.

Upcycling sunflower seeds: Ingredient innovator, Planetarians targets the plant protein landscape

15 Aug 2018 --- Shifting consumer preferences for healthier choices are driving the demand for plant-based proteins, which are growing at a rapid rate. The plant-based food market is growing at double-digit rates and expected to reach US$5.2 billion worldwide by 2020, according to Nestlé and rising prices for plant-based proteins are forcing food manufacturers to identify opportunities and sustainable ingredients to address this consumer demand. That focus has created a robust marketplace for functional, and value-added components, including that of sunflower seeds, according to Planetarians, an ingredient company who claim to be “revolutionizing the plant-protein landscape through upcycling defatted seeds.”

Natural preservatives expansion: Natural Products Canada invests in Chinova Bioworks

15 Aug 2018 --- Natural Products Canada has invested in Chinova Bioworks, a Canadian company whose mushroom-based natural preservative has previously captured the interest of major food industry partners such as DSM Ventures, Rhapsody and AgFunder.

Tyson Foods divests pizza crust business to private equity firm

14 Aug 2018 --- Tyson Foods has reached an agreement to sell its pizza crust business, TNT Crust business (TNT), to an affiliate of private equity firm Peak Rock Capital (Peak Rock). Terms of the deal have not been disclosed. However, the two companies hope to complete the deal by September. The transaction is the seventh recent food and beverage investment for Peak Rock.

Sugar and alcohol reduction: Rising industry openness around reformulation, claims Food Matters Live Director

13 Aug 2018 --- Industry moves to overcome the sugar reduction challenge remain top of the UK NPD agenda, with a major shift towards openness around development. When Food Matters Live first started in 2014, the soft drinks industry was reluctant to speak about the issues of sugar reduction in beverages, but a new environment has now opened up, according to Event Director, Briony Mansell-Lewis.

Weekly Roundup: Univar launches Global Digital Hub, Brakes signs WRAP’s UK Plastic Pact

10 Aug 2018 --- This week, Univar officially opened its Global Digital Hub during a Digital Day event for supplier partners. UK’s foodservice wholesaler, Brakes, has signed up to WRAP’s UK Plastics Pact, furthering its commitment to lead the foodservice industry in reducing its environmental impact. Fonterra is transitioning from coal to renewable energy at its Stirling site in Otago, New Zealand and First Milk is celebrating winning the English, Scottish and Welsh regional titles at this year’s International Cheese Awards.

Novozymes enjoys 4 percent growth in Food & Beverage enzymes, despite overall earnings miss

10 Aug 2018 --- Global biotechnology company, Novozymes, has released its results for the first half. Earnings before interest and tax (EBIT) for the quarter came in at DKK957 million (US$147 million) with its household care sector showing particular weakness. The company still beat estimates with its second-quarter net profit and revenue, but shares have fallen after reporting earnings that missed analysts’ expectations.

New highs: Heineken launches brew made with marijuana

10 Aug 2018 --- Heineken's new brew, Hi-Fi Hops, from California beer brand Lagunitas, is made with marijuana instead of alcohol. Hi-Fi Hops is currently only available in a select number of dispensaries in California, where marijuana is legal. Lagunitas, Heineken's fast-growing California beer label, labels its new brew as “hoppy sparkling water.”

Agrana Nile Fruits brings new beverage solutions to Middle East & African markets

10 Aug 2018 --- Agrana Nile Fruits has inaugurated a new production line for tailor-made beverage compounds, specifically targeting markets in the Middle East and North Africa. The joint project with Austria Juice, a sister company of the Agrana Group, is a successful endeavor of installing high-quality standards and the innovation drive from European markets to the region, according to the company.

Corbion results impacted by new Algae Ingredients business

09 Aug 2018 --- Corbion reported H1 2018 sales of €439.2 million (US$509.2 million), a decrease of 4.9 percent compared to H1 2017, entirely due to negative currency effects. Organic sales growth was 3.1 percent. EBITDA excluding one-off items in H1 2018 decreased by 19.0 percent to €71.5 million (US$82.9 million) due to negative currency effects and the inclusion of the Algae Ingredients business (which includes the former TerraVia business acquired in 2017). Organic EBITDA excluding one-off items increased by 1.2 percent in H1 2018.

Kerry on Christmas beverage trends for 2018: “Expect indulgence, alternative concepts & premiumization”

09 Aug 2018 --- Dessert-inspired treats, iced drinks, premium ingredients and unexpected flavors will be prominent on beverage menus across Europe this Christmas, according to research from Kerry Taste & Nutrition (Kerry). Most of Europe is still experiencing the effects of a very hot summer and heatwaves throughout, but flavor thoughts are already turning to the festive season, a crucial sales period in the beverage market. Kerry has therefore announced this year’s consumer trends, key flavors and easy-to-make concepts, based on its proprietary research tool to help customers drive footfall.

Kerry reports “solid” 4.1 percent growth in Taste & Nutrition, updates full-year guidance

09 Aug 2018 --- Kerry has reported a solid underlying business performance for the half year ended June 30, 2018. Taste & Nutrition was up by 4.1 percent volume growth and Consumer Foods was up by 1.3 percent volume growth in H1. UK and Irish consumer foods markets encountered challenges in the period, however, Kerry’s Consumer Foods division delivered a solid underlying performance. Business Performance Group revenue on a reported basis increased by 1.4 percent to €3.2 billion reflecting strong volume growth and contribution from acquisitions.

Biorigin achieves Non-GMO Project verification for 38 ingredients

08 Aug 2018 --- Biorigin has reinforced its commitment to transparency, the company's line of yeast extracts, Bionis, has achieved Non-GMO Project Verified status for 38 if its natural ingredients portfolio. Biorigin claims to be always following the most important demands and market trends in order to work on the art of creating natural, non-GMO, clean label and sustainable solutions which promote people's health and well-being. 

IFF reports strong first-half results, “performance was broad-based,” says CEO

08 Aug 2018 --- International Flavors & Fragrances Inc. (IFF) has reported its financial results and strategic achievements for the second quarter ended June 30, 2018. Top-line trends remained strong in the second quarter, marking the fourth consecutive quarter of mid-single digit growth, according to IFF Chairman and CEO, Andreas Fibig.

Natural and clean label expansion: Firmenich acquires Campus, Italian innovator in protein solutions

08 Aug 2018 --- Firmenich has acquired Italy-based Campus, an innovator in the application of natural functional ingredients for protein applications, specializing in clean label, meat and plant-based foods. This acquisition broadens Firmenich’s capabilities in naturals and protein solutions, cutting across animal and vegan food products. Neither party is disclosing financial details of the deal, which is expected to close by the end of this week.

European drought: Solutions required as wheat, maize and barley harvests to be impacted

07 Aug 2018 --- The drought in many regions of the European Union and Eastern Europe has caused significant damage to wheat, maize and barley crops. Weather conditions are affecting the quality of the wheat as well as its quantity; because of the drought, the failing number is unusually high. There have been reports that the governments of drought-hit German, Swedish, Finnish, Lithuanian and Danish farmers are considering special aid packages. According to the Food and Agriculture Organization of the United Nations (FAO), prices of these crops could remain under upward pressure. Although the agency believes that the overall effects of the recent droughts are not yet alarming, there may be a need for alternative solutions if the cost of these ingredients continues to rise. 

Bright futures: The evolution of natural colors and a “less is more” approach

07 Aug 2018 --- The trend for natural colors is part of a wider shift in consumer awareness about health and wellbeing and a desire for cleaner and safer food products. Consumers now have access to more information than ever before and, as a result of demand and pressure from health interest groups, the natural ingredients space has been growing steadily for several years now. In light of this, the incentive is now overwhelming for food manufacturers to clean up their products. This is being reflected in the rapid uptake of natural colors in new product launches.

Flavor merger progress: Frutarom shareholders overwhelmingly approve takeover by IFF

07 Aug 2018 --- Frutarom shareholders voted to approve the proposed combination of Frutarom and International Flavors & Fragrances Inc. (IFF) at the general meeting of Frutarom shareholders yesterday. Of the votes cast, 94.6 percent were in favor of the proposed merger, representing approximately 74.7 percent of all outstanding shares.

Harnessing AI for taste creation: Firmenich partners on Digital Lab

06 Aug 2018 --- Firmenich has inaugurated its Digital Lab – D-Lab – in partnership with the Ecole Polytechnique Fédérale de Lausanne (EPFL), an institute for science and technology. A key milestone of Firmenich’s digital strategy, D-Lab is dedicated to harnessing Artificial Intelligence (AI), to augment the group’s innovation across fragrance and taste creation. Expanding Firmenich’s footprint to the EPFL Innovation Park, the digital hub brings together Firmenich creators and experts with key members of the Campus’s dynamic ecosystem, according to the company.

Global flavors & fragrances market to reach US$36 billion in 2022

06 Aug 2018 --- The global flavors and fragrances market continues to show good rates of growth across the various regions, according to IAL Consultants. The company has published the 11th edition of its report on the global markets for Flavors & Fragrances. The total global market reached US$28.2 billion in 2017, an increase of 4.6 percent compared to the previous year and is expected to grow at an average annual rate of 4.9 percent p.a. to reach approximately US$36 billion in 2022. Of the total world market, flavors account for approximately 56 percent and fragrances for the remaining 44 percent.

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