Cross Category

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.

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.

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. 

Weekly Digest: Nestlé moves for sustainable energy, DuPont certification for POWERMill enzyme

16 Feb 2018 --- This week in business, there were several announcements made on the sustainability side, Nestlé’s ambition to procure 100 percent of its electricity from renewable sources is moving forward and Suiker Unie was awarded gold status by EcoVadis for the fourth consecutive year. Also this week, Mondelēz has made changes to its Board of Directors and President and CEO of GMA, Pamela Bailey, announced she would retire later this year following nearly ten years of leading the organization. DuPont received a patent certification on its POWERMill enzyme and was also recognized as first place in the most innovative food ingredient category at the Food Ingredients Innovation Awards 2017 in Brazil. Meanwhile, FrieslandCampina acquired all the remaining shares in Friesland Huishan Dairy (FHD).

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.

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. 

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.

VIEW FROM THE TOP: Ruud Peerbooms, Senior Vice President (Food), Corbion

15 Feb 2018 ---

Corbion has been intensifying its focus beyond its traditional lactic acid roots in the last 2 years. The circa €1bn Dutch-headquartered company bought struggling algae-based ingredient supplier TerraVia in late-2017, in a highly interesting move that allows Corbion to gain a foothold in alternative proteins and oils.

Nestlé posts weaker than expected results amid challenging environment

15 Feb 2018 --- Nestlé has blamed a “challenging environment” on weaker than expected results in 2017. Net profit decreased by 15.8 percent to CHF7.2 billion (US$7.77bn) and earnings per share decreased by 15.8 percent to CHF2.32 (US$2.51) for the full year.

Spotlight on salt (Part 2): Overcoming reformulation challenges

15 Feb 2018 --- A large challenge for all salt replacer products is the clean label trend. Consumers are demanding that only products should be used which are available in their own kitchen cupboard. Most of the salt replacers use potassium chloride to replace the sodium chloride, but potassium chloride has not the image to be an ingredient from the kitchen cupboard. Looking at the nutritional value of potassium chloride it is clearly beneficial to use it instead of sodium chloride as most consumers have a lack of potassium in their diet while eating too much sodium. As a result of this also the WHO recommends increasing the potassium intake in the daily diet while reducing the sodium intake. In the second part of our "Spotlight on Salt" report, we look at how reformulation challenges can be overcome. You can read Part 1 of this report here.

Corbion in talks to acquire Bunge’s stake in SB Renewable Oils JV

15 Feb 2018 --- Corbion has confirmed it is in discussions with Bunge Limited about the potential acquisition of Bunge’s stake in the SB Renewable Oils joint venture.

Prop 65: Imbibe offers solutions for beverage development

15 Feb 2018 --- An update to California Proposition 65 goes into effect as of August 2018, which will affect products containing chemicals identified by the Office of Environmental Health Hazard Assessment (OEHHA). In the past, products were required to have a Prop 65 warning label; however, the update will require companies to call out the specific chemical name in addition to a warning symbol. Since these types of warning labels can be off-putting to consumers, Imbibe says it has developed flavors and ingredients that do not require brands to have a Prop 65 warning on their products.

IFF Q4 results: Sweet and savory modulation portfolio sales increase by strong double-digits

15 Feb 2018 --- International Flavors & Fragrances Inc. (IFF) has released its financial results and strategic achievements for the fourth quarter and full year ended December 31, 2017. Highlights included: Sweetness and savory modulation portfolio sales increase by strong double-digits, Middle East & Africa improved mid-single-digits, with growth in both flavors and fragrances and the company's Tastepoint grew strong double-digits.

Palm oil: IOI Loders Croklaan & Kerry back Small-Growers Support Program

15 Feb 2018 --- IOI Loders Croklaan has partnered with Kerry Group, Wild Asia and the Fortuna Palm Oil Mill in Sabah to implement a 3-year Small-Growers Support Program. The program supports the inclusion of smallholders into IOI’s supply chain and will boost small farmer’s (farm size between 0 to 500Ha) productivity by helping them implement sustainable agricultural practices.

Danone to sell 14 percent stake in Yakult amid portfolio diversification

14 Feb 2018 --- French multinational food products corporation Danone plans to offload part of its 21.29 percent stake in Japan’s Yakult as part of its capital allocation strategy, at the same time as bolstering its collaboration in probiotics by signing a Memorandum of Understanding with the Japanese company.

Valio to cut salt and sugar by 2020, backs UN sustainability program

14 Feb 2018 --- Valio has announced its nutrition agreement for improving the health and well-being of consumers. The ambitious targets for reducing salt and sugar content in Valio’s products by 2020 are part of the United Nations sustainability program and continued efforts to improve public health.

Sugar reduction solution: DuPont develops pectin innovation for fruit spreads

14 Feb 2018 --- Capitalizing on the low sugar trend, DuPont Nutrition & Health has developed and launched GRINDSTED Pectin PRIME 541, a product that will allow food manufacturers to formulate new appealing reduced-sugar fruit spreads recipes faster and without processing hurdles.

Unilever’s advertising ultimatum to Facebook and Google – Clean up “toxic content”

13 Feb 2018 --- British-Dutch transnational consumer goods company Unilever is calling for Google and Facebook to clean their acts or face the threat of having advertising withdrawn from online platforms that fail to eradicate divisive content that promotes anger and hate. 

Brexit: UK industry celebrates record £22bn exports, urges “farm to fork” focused deal

13 Feb 2018 --- While the UK food industry celebrates record exports of more than £22 billion (US$30.5bn) in 2017 as overseas sales of UK food and drink continued to soar last year, the food supply sector is also increasingly calling for a solid Brexit deal that will help boost exports, homegrown production and explicitly get behind the business of food production in Britain. As the UK government releases the latest record statistics championing the highest exports of homegrown products, the UK Food and Drink Federation, as well as it’s Irish equivalent are both campaigning for a Brexit deal that will enhance food and farming sectors within the UK and not cause problems for the industry. 

Chickpea flour: Nutriati and PLT partner on North America launch

13 Feb 2018 --- Nutriati, Inc. and exclusive commercialization partner PLT Health Solutions, Inc. are introducing a premium quality chickpea flour solution to the North American food market. Called Artesa Chickpea Flour, the new ingredient addresses a number of issues that have prevented other nutritionally desirable pulse/legume flours from gaining widespread adoption – including taste, sensory characteristics and formulating functionality. 

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