JM Smucker offloads US baking business to private equity for US$375 million

10 Jul 2018 --- The JM Smucker Company has signed an agreement to divest its US baking business to private equity firm Brynwood Partners in a deal valued at US$375 million. The US manufacturer of fruit spreads, ice cream toppings, beverages, shortening, peanut butter and oils says the deal is part of an initiative to reshape the company portfolio and strengthen its focus on coffee, snacking and pet food.

Green eating: 62 percent increase in plant-based claims, Innova Market Insights reveals

09 Jul 2018 --- Plant-based innovation is flourishing, according to Innova Market Insights. Growing consumer interest in health, sustainability and ethics are driving plant-derived ingredients and products into high popularity. Innova Market Insights reports that plant-based product claims increased by 62 percent globally (CAGR, 2013-2017) with growth occurring on platforms such as plant proteins, active botanicals, sweeteners, herbs and seasonings and coloring foodstuffs.

Value creation strategy: Nestlé targets organic platforms amid health push

04 Jul 2018 --- Nestlé is implementing an accelerated long-term value creation strategy. The company expects to see sustained future revenue growth from investing in its brands and innovation.

Better beverages: High protein and digestive health tipped for strong growth

03 Jul 2018 --- Nutrition science is making itself heard in the beverage category. Protein coffees, probiotic juices and turmeric teas are common sightings as the demand for convenient and functional foods increases with consumers. The penetration of better-for-you related claims for soft drinks products increased from 58 percent in 2012, to 65 percent in 2017 globally. 

Coffee goals: LDC, Douwe Egberts & Syngenta launch paresustainability project for 3,000 Vietnamese farmers

02 Jul 2018 --- Louis Dreyfus Company (LDC) has announced the launch of a new coffee sustainability project to benefit approximately 3,000 farmers in Vietnam’s Dak Lak, Dak Nong and Gia Lai provinces, in the country’s coffee-producing Central Highlands region. Organized in partnership with global coffee and tea company Jacobs Douwe Egberts (JDE) and leading agricultural solutions company Syngenta, the three-year, US$1million project will train farmers in climate change resilience techniques, agro-chemical management, and work safety.

Private label sector continues to impress, gains evident across Europe

29 Jun 2018 --- Retailer brands keep gaining popularity and market share across Europe. The latest Nielsen data shows that market share for private label increased last year in 12 of the 19 countries tracked for the Private Label Manufacturer's Association’s (PLMA) 2018 International Private Label Yearbook, and now stands at 30 percent or above in 17 countries. Private label reached an all-time high in Europe’s largest retail market, Germany, with its market share there climbing to over 45 percent for the first time. Market share also increased to its highest levels ever in six other countries: The Netherlands, Belgium, Sweden, Norway, Hungary and Turkey.

Country of origin crackdown: Australian watchdog to monitor labeling law compliance

28 Jun 2018 --- Australia is to introduce its mandatory Country of Origin food labeling next month. The country’s competition and consumer rights’ watchdog will carry out market surveillance checks on 10,000 food products to make sure that businesses are following the new rules.

Novel program redistributes surplus harvest: Second Harvest addresses hunger in South Africa

27 Jun 2018 --- FoodForward SA is launching Second Harvest, a program that sources and collects surplus fruit and vegetables from commercial farmers across South Africa and redistributes this fresh produce to the 600 beneficiary organizations in their network. 

UK FSA maintains safety guidance on acrylamide and furan

27 Jun 2018 --- The UK’s Food Standards Agency has investigated levels of acrylamide and furan in an extensive range of retail foods, concluding that what it found does not increase concerns about the risk to human health. As a result, the FSA will not be changing its advice to consumers about acrylamide and furan.

Blockchain coffee: Token builds a “community-owned” coffee brand

26 Jun 2018 --- New coffee brand Token is using blockchain technology to directly link Western coffee drinkers with the communities that grow and roast their beans in a potentially disruptive move for the global coffee industry. An initiative by FairChain Foundation, and supported by FairChain roaster Moyee Coffee, Token is the first fully end-to-end-blockchain powered coffee brand.

Hot drinks with dairy: Fonterra taps into “adventurous” tea and coffee market

25 Jun 2018 --- Fonterra is set to meet the demand for adventurous tea and coffee drinks around the world as changing consumer tastes are leading to a growing trend toward adding more than just milk and sugar to a hot beverage.

Danone’s investment fund searching for game-changing alternative protein, health drink and snack start-ups

25 Jun 2018 --- Danone Manifesto Ventures, the investment fund of the French food giant, is targeting startup firms in health drinks, snacks, baby food and alternative protein sectors – and plans to invest in around 25 companies by 2020. Located in New York City and launched at the end of 2016, Danone Manifesto Ventures brings health through food to as many people as possible by partnering with entrepreneurs in the food revolution. It is targeting startups disrupting markets and challenging dominant big brands and has made a series of investments so far.

Nigay eyes opportunities in colors & flavors, taps into reduced-sugar and clean label trends

25 Jun 2018 --- Caramels are increasingly popular across several of the top market categories. Typically applied in ice creams, dairy products, chocolates, variations of caramel such as salted caramel, have become popular and according to Innova Market Insights data, there has been a 17 percent increase in food & beverage launches tracked with caramels (CAGR 2013-2017). In keeping up with this demand, a French leader in caramels, Nigay, is expanding its caramel offerings and tailoring their solutions to complement the current market trends.

Biodiversity: A moral sourcing obligation that needs to be addressed

22 Jun 2018 --- New surveys of more than 5,000 consumers in five countries indicate that the majority (79 percent) feel that “companies have a moral obligation” to have a positive impact on people and biodiversity in their sourcing of natural ingredients, but only 37 percent feel “confident that companies pay serious attention” to these issues. The non-profit Union for Ethical BioTrade (UEBT) has just published the 2018 edition of the Biodiversity Barometer.

Europe’s carbon dioxide shortage: Drinks industry concern as CO2 runs low

22 Jun 2018 --- The closure of carbon dioxide production sites in Europe has led to a shortage of CO2 and concerns over the possibility of low stocks of soft drinks and beer during one of the busiest times of the year. Despite the fact that most retailers and drinks manufacturers hold high volumes of soft drinks, there are growing concerns that stocks could run low during the height of summer, a high-demand period for carbonated beverages and beer.

Weekly Digest: Nestlé UK distribution center to feature XPO technology prototypes, ADM opens high-tech feed facility in Nebraska

22 Jun 2018 --- This week in business, Nestlé and XPO Logistics announced its plans to co-create a 638,000-square-foot distribution center in Leicestershire, UK. SVZ International is celebrating sustainability success, having been named best performer in the food and beverage sector in Ecovadis’s 2018 Sustainability Leadership awards for the second consecutive year. Salt of the Earth has implemented an extensive program to protect waterfowl in its salt pools.

Clean label surge: Ingredion launches certified organic starches for North American markets

18 Jun 2018 --- Ingredion has announced two new certified-organic additions to its line of functional clean-label starches for the US and Canada, Novation Prima 309 and 609. The organic functional native corn starches enable the creation of superior eating experiences that boast extended visual, sensory and cost appeal. The starches are also designed to perform in organic products that undergo harsh process conditions and require high freeze/thaw stability, such as organic savory foods, alternative-dairy products and baby foods.

World Cup flavor fever: Russian blends and cuisines take center stage

15 Jun 2018 --- With football World Cup hosts Russia opening up their campaign with a 5-0 drubbing of Saudi Arabia yesterday, a higher sense of optimism now exists around the national team, despite their lowly world ranking and recent form. Flavors and cuisines from the hosting country are also in the spotlight. World Cups and Olympic Games offer consumers the chance to try out new cuisines from the spotlighted host countries and this year is no exception, with a wealth of flavors and cuisines on offer from this vast and diverse country.

Acrylamide reduction: DeutscheBack’s new enzyme system cuts carcinogen in baking process

15 Jun 2018 --- Baking ingredient specialist DeutscheBack has created a new enzyme system to reduce acrylamide in biscuits, wafers, bread and rolls. Keeping pace with the newly-introduced European Union legislation that came into effect in April, the member of the independent, owner-managed Stern-Wywiol Gruppe in Hamburg has come up with an innovative solution to help eliminate the potentially carcinogenic chemical compound.

“Misleading” labels: BEUC criticizes artisanal marketing, calls for tightened EU rules

14 Jun 2018 --- The European Consumer Organization (BEUC) has accused some food manufacturers of using “misleading tricks” on labels by using certain words and phrases that could be seen as “deceptive practices.” At the same time, the BEUC is calling for stronger regulation from the government on what can and cannot be on the label in a bid to eliminate some of the practices currently going on across Europe. The new report entitled “Food labels: tricks of the trade” highlights three practices that, according to the BEUC, “sugar-coat the actual quality of foods and drinks.”

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