The flavors shake-up: Ethnic, rich and authentic options pushed to the fore

14 Aug 2018 --- The last few months have seen a real shake-up in the flavors space with International Flavors & Fragrances (IFF) beginning a new chapter with the combination of Frutarom. The news came as Swiss-headquartered market leader Givaudan completed the acquisition of 40.5 percent of the shares of Naturex for €135 per share, with plans underway to take complete control of the natural ingredients supplier. The acquisition of such a significant shareholding in Naturex fits with Givaudan’s 2020 strategy to expand its offering to deliver natural products to customers.

EU families waste over 17bn kilos of fresh fruit & vegetables each year, reveals study

14 Aug 2018 --- A recently published Joint Research Centre (JRC) article has revealed that EU households generate roughly 35.3kg of fresh fruit and vegetable waste per person per year, 14.2 kg of which, is avoidable. The UN's Food and Agriculture Organisation (FAO) estimates that about one-third of the food produced globally for human consumption is lost or wasted.

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.”

IMCD completes acquisition of US chemicals distributor E.T. Horn

09 Aug 2018 --- IMCD N.V. (IMCD), a distributor of specialty chemicals and food ingredients, has completed the acquisition of 100 percent of the outstanding shares of US specialty chemicals distributor E.T. Horn Company (Horn). IMCD initially announced the agreement on the purchase of Horn in June.

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 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. 

A world first: Vegan smoked sausage debuts

08 Aug 2018 --- For the past seven years, Dutch meat alternatives innovator The Vegetarian Butcher has been working on a plant-based smoked sausage with a traditional taste. The aim was to create a product that would taste great, even for typical meat eaters. In addition to creating a good flavor, it was a challenge to create a sausage with a “bang,” according to the company. The product has now made its debut.

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.

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.

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.

Darigold expands global operations: “We see increased demand for protein & dairy products,” says Senior Vice President

03 Aug 2018 --- Darigold Inc. reports it is expanding its global customer service and long-term commitment to growth in international markets. The company is creating an overseas sales, service and distribution network to strengthen its valued international relationships. So far, Darigold has opened offices in Mexico City, Singapore and Shanghai, and reportedly expects to expand to more countries soon. Darigold projects it will grow from serving roughly 20 countries today to serve 40 or more countries in the future.

LCI launches fermented wheat flour preservative for baked goods

03 Aug 2018 --- Limagrain Céréales Ingrédients (LCI) has launched Cereclean, its newest addition to its clean label range, developed in response to the awareness and expectation of natural and clean ingredients.

Clean label: Ulrick & Short launches cold swelling starches

03 Aug 2018 --- Ulrick & Short has expanded their clean label ingredient range which, according to the company, promises to solve problems for manufacturers in achieving stability and thickening in gentle factory processes. The innovative ingredients provide the same functional properties and performance as a pregelatinized starch, without requiring high shear mixing.

Weekly Roundup: Kellogg raises revenue forecast, Solvay’s natural vanillin receives GRAS approval

03 Aug 2018 --- This week, in business results, Bunge sustained a loss of US$21 million in the second quarter and Kellogg and raised its revenue forecast for the year. In the same week, the company announced the launch of its joyböl brand in the UK, targeting millennials with an all-in-one packaged smoothie bowl. Essentia Protein Solutions has been reaccredited to the highest grade AA by the BRC (British Retail Consortium) Global Standard for Food Safety at its Tipton, UK manufacturing site. Dairygold has won eight prestigious awards at the recent International Cheese Awards which was held in Nantwich, England and Grupo Lala, has named Mauricio Leyva as its new Chief Executive.

Biscuit International acquires Arluy, strengthens Spanish presence

02 Aug 2018 --- Biscuit International, one of Europe’s players in the private label sweet biscuit market, has acquired Arluy, the fifth largest producer and distributor of sweet biscuits in Spain. Founded in 1988, Arluy is a family company based in the Rioja region which has experienced substantial growth in recent years. The company is now the fifth largest manufacturer of biscuits in Spain, with an annual turnover of more than €40 million (US$46.7 million) in 2017.

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