Nestlé in price stand-off with European retail buying group

23 Feb 2018 --- Under pressure Nestlé is involved in a row with European retail buying group AgeCore over supply terms. One of Switzerland's largest retail and wholesale companies, the Coop chain, has reportedly stopped orders concerning around 150 Nestlé products, demanding improved supply conditions.

Non-GMO: Ingredia and Cayuga Milk partner on dairy ingredients

23 Feb 2018 --- Ingredia now has non-GMO Project Verified ultra-filtered milk, MPC and MPI available through its partner, Cayuga Milk Ingredients.

London or Rotterdam? Unilever still undecided

23 Feb 2018 --- British-Dutch consumer goods giant Unilever still has not officially decided on whether to keep its European headquarters in the UK or the Netherlands as part of plans to unify the business under one roof.

FrieslandCampina results: 10 percent revenue growth, but profits down in challenging 2017

22 Feb 2018 --- Revenues of Royal FrieslandCampina N.V. have increased by 10.1 percent to €12.1bn (US$14.8bn) in 2017, primarily due to higher sales prices and the inclusion of Engro Foods in Pakistan. Profit decreased by 37.3 percent to €227 million (US$278m) and in addition to negative currency translation effects, the profit was lower due to write-offs of assets in China and Germany and restructuring costs. The higher milk price was largely offset by increased revenues; this put the margins, particularly in consumer activities, under pressure.

Supply partnership: Univar and Cargill reach long-term agreement on ingredients

22 Feb 2018 --- Univar has entered into a strategic long-term agreement with Cargill's Food Ingredients & Bio Industrial business in the US and Canada. Customers will be able to enjoy the combined value of Cargill's respected product lines and Univar's extensive distribution network and access to food innovators.

Foodborne infections could be prevented through phage treatment: study

21 Feb 2018 --- New research into how bacteria-killing viruses could be used in the food industry to help prevent foodborne infections, shows great potential in eradicating pathogens and preventing food poisoning.

DuPont debuts new enzyme strengthening solution for bakery

21 Feb 2018 --- DuPont Nutrition & Health has announced the development of the POWERBake 6000 product range, based on a unique new enzyme that acts as a strengthening solution, adding tolerance and consistency in bread and buns.

Tereos: Beet campaign sets new record in France

21 Feb 2018 --- The Tereos beet campaign 2017/2018 has been set a new record in France, with forward planning, innovation and widespread motivation reportedly having driven opportunities in the sugar beet space.

Arla results benefit from Ingredients performance, higher dairy prices leads to sales spike

21 Feb 2018 --- Despite another year in the volatile global dairy market characterized by significant shifts in market prices, Arla Foods showed a strong performance as higher milk prices lifted sales and led to a hike in payments to the cooperative’s farmer-owners

Blockchain technology: Increasing trust, traceability & security in the food industry

20 Feb 2018 --- How the food industry can harness the power of blockchain technology is a key question for many as we learn more about cryptocurrency concepts and how blockchain applications can be beneficial for companies and consumers. Hyped as a potentially game-changing pioneering innovation, blockchain technology is inspiring change and innovation in the global food and beverage industry – and although it’s still in the extremely early stages, blockchain technology offers the promise of disruption on a huge scale across multiple sectors including agri-food, retail and the ingredients business at large. 

Veggie delight: NPD innovation for millennials

20 Feb 2018 --- With “Mindful Choices” tipped as Innova Market Insights top trend forecast for this year, the move is making its way onto the dinner plates of health-minded young millennials. As concerns around sustainability, animal welfare and campaigns such as Veganuary is building momentum and driving innovation in the meat-free space.

Asian dairy innovation: Strong potential for milk-based snacks, claims study

20 Feb 2018 --- Dairy manufacturers should align their new product development and marketing practices with the growing demand for dairy products during snack occasions within the Asia region, according to data and analytics company, GlobalData.

Kerry results: “Mindful” eating helps revenues top €6.4bn in 2017

20 Feb 2018 --- Kerry Group has reported higher earnings and revenues for 2017 with “mindful” eating driving growth. Revenue at the Irish food technology and ingredients company increased by 4.5 percent to €6.4 billion (US$7.9bn) and adjusted earnings per share rose by 5.5 percent to 341.2 cents. The company benefited from a 4.3 percent growth in its business volume.

Spark Trends: Bell dives into the Mediterranean Sea and takes a “Wok through the provinces”

19 Feb 2018 --- Bell Flavors & Fragrances has announced its new selection of trends for the 2018 Spark program. Spark is Bell’s insider resource for new and emerging consumer trends as well as flavor and fragrance inspirations. Using a unique and detailed process, Bell uncovered new ideas for 2018 and beyond that are sure to ignite customer inspirations and translate them into winning product ideations.

Foodarom CEO: A new wave of “chemophobia” is dominating the food industry

19 Feb 2018 --- The world of flavors is continually evolving, and the habits of today’s consumer rely heavily on the evolution of taste, functionality and tradition. For flavor designer and manufacturer, Foodarom, this year is about balancing health and happiness and according to the company, the nutritional values of food has given rise to more products with flavors taken from foods that are valued for their health benefits.

Unilever discloses palm oil sources, could prompt widespread industry change

19 Feb 2018 --- Unilever has taken a pioneering stance on its palm oil supply chain by being the first consumer goods company to publish in full a dossier of all the suppliers and mills that it sources from. The rare industry move is designed to show the company’s commitment to transparency. This is a radical step in palm oil supply chain transparency with Unilever considering the full disclosure a “milestone” in its journey towards a more sustainable palm oil industry.

Start-up launches first ever dark chocolate infused with saffron

16 Feb 2018 --- British-Indian saffron start-up, Mahbir Premium Indian Saffron, is set to launch the first ever dark chocolate infused with Premium Indian Saffron at Gulfood 2018. Mahbir Tangy Orange Marmalade is in the running for the best condiment or sauce product at the Gulfood Innovation Awards 2018.

Euroma acquires Intertaste, gains top ranking in European spice market

16 Feb 2018 --- Koninklijke Euroma (Euroma) has officially taken over all the shares of Dutch branch competitor, Intertaste, after approval by the Authority for Consumers & Markets (ACM), international herbs and spices producer. With the takeover, Euroma will achieve a top ranking in the European market and a first place in the Dutch herbs and spices market. 

Blockchain and food: Early adopters to benefit from initial infrastructure

16 Feb 2018 --- “Blockchain” is one of the buzzwords at the beginning of 2018, with enormous hype around the benefits that this technology can offer. Early food sector adopters can undoubtedly take of advantage implementing blockchain too, particularly when it comes to traceability. 

Danone delivers solid year results despite volatile food prices and rising costs

16 Feb 2018 --- Danone has delivered its full-year results for 2017 claiming that despite volatile food and beverage markets and rising input costs, the French giant continues its transformation and outperformed the industry average. Danone’s 2017 full-year results reveal that consolidated sales were €24,677 million (US$30.8 million), up 2.5 percent. The sales growth included an increase of 3.9 percent in value showing continued mix and value enhancement in all entities.

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