Brexit deal or no deal? Food industry relief on agreement short-lived as UK political chaos ensues

16 Nov 2018 --- The food industry in the UK and its most important trading partners are holding a unified breath as a UK political storm brews following the signing of the draft agreement on Brexit between the UK and EU. News that the parties had finally reached a deal had been widely welcomed in the sector, which is enormously susceptible to the trading challenges that a “no deal Brexit” presents. But following a tentative truce within UK Prime Minister Theresa May’s own Conservative party cabinet on Wednesday night, the chasms between ministers on this issue proved insurmountable.

Indian start-up wins Rabobank Food Loss Challenge Asia

16 Nov 2018 --- Indian-based start-up Ecozen Solutions has won the inaugural Rabobank Food Loss Challenge Asia, which was launched to highlight agri-tech solutions to the growing global problem of food loss and wastage from farm-to-market. The company, which is enabling the farm-to-fork movement of perishables by providing solar-based cold rooms at the farm level, was chosen from five finalists at the event finale held earlier this week in Singapore.

CJ CheilJedang buys majority stake in frozen food business Schwan’s in US$1.84bn deal

16 Nov 2018 --- South Korean food manufacturer CJ CheilJedang has bought a majority stake in Schwan’s, a US food manufacturer with brands such as Tony’s, Red Baron, and Freschetta pizza, for US$1.84 billion. CJ CheilJedang says that the deal, expected to close by next year, will help it expand overseas.

Palm oil: The “political” fallout in wake of Iceland advert ban

15 Nov 2018 --- Palm oil is in the spotlight once again but this time it’s about a banned Christmas advert which has been deemed “too political” to be screened on TV. Originally a Greenpeace campaign video, the ad was taken on by UK retailer Iceland to shine a light on the environmental devastation caused by palm oil producers and features the story of a displaced orangutan.

Making a splash: Australian seafood company kick starts Asian growth strategy with Kingfish deal

15 Nov 2018 --- A key player in full cycle breeding, production and the sale of Yellowtail Kingfish, Australian-based Clean Seas Seafood has signed an agreement with a distributor in China as part of its Asian growth strategy. The non-exclusive agreement with Hunchun Haiyun Trading Co. (HH), is the first of several similar agreements planned by the seafood company over the next year.

Plant-based foods certification launched, Tofurky and Oatly items receive first recognition

15 Nov 2018 --- The Plant Based Foods Association (PBFA) has launched a new Certified Plant Based program in the US, touted as the first and only plant-based food certification in the world. Selected Tofurky and Oatly products are the first to receive certified status by NSF International, the certifying agency, who have teamed up with the PBFA. The Certified Plant Based protocol, focuses on plant-based alternatives to animal-based foods and specifies the criteria required to make a certified plant-based food claim, reports the PBFA.

Givaudan: Untapped market exists for less sweet yet satisfying NPD

15 Nov 2018 --- Givaudan has launched a new approach to sugar reduction that delivers “fully satisfying, reduced-sugar products without added sweeteners.” The approach seeks to combine the use of a new proprietary sensory language, novel ingredients and an understanding of sweetness and satisfaction to deliver up to 50 percent reduction in sugar, while maintaining consumer preference. The sugar reduction challenge is about closing the gap and restoring the overall experience offered by “full sugar.” The move comes amid a more holistic approach from the leading supplier, as it increasingly looks beyond the concept of “flavor” alone towards a broader approach to overall “taste.”

Transforming sustainability through AI: Olam International partners with Canvass Analytics

14 Nov 2018 --- Canvass Analytics Inc. has signed an agreement with Olam International to utilize Artificial Intelligence (AI) as part of its strategy to find innovative and sustainable solutions to meet the growing demand for food, feed, fiber and fuel. Canvass Analytics offers an Artificial Intelligence (AI) enabled predictive analytics platform for the industrial Internet of Things (IoT).

EU-Japan Economic Partnership Agreement: MEPs urged to ratify trade deal next month

14 Nov 2018 --- As the potential EU-Japan Economic Partnership Agreement (EPA) edges closer, Europe’s agri-food chain partners are joining forces to urge politicians to ratify the trade deal quickly. A number of trade bodies want EU producers to take full advantage of the new opportunities and tariff-free trading that would result from what would be the world’s largest open economic area.

UK and Ireland supermarkets to stock Vivera and Beyond Meat alternatives

14 Nov 2018 --- Meat alternatives are becoming more widely available, with Tesco branches in both the UK and Ireland soon to be stocking new plant-based products from Netherlands-based Vivera and the US-based Beyond Meat. Innova Market Insights has hotly tipped “The Plant Kingdom” as its number two top trend for 2019, reflecting how vegan inspired eating continues to go mainstream.

Combating food fraud: Thermo Fisher Scientific’s next-generation sequencing promises speedy food authenticity

13 Nov 2018 --- US biotechnology product development giant Thermo Fisher Scientific has introduced a next-generation sequencing (NGS) workflow for multi-species screening and identification which aims to improve food authenticity and tackle food fraud. This closely follows Oxoid Ltd., which is part of Thermo Fisher Scientific, and SGS Molecular S.A. signing a global co-marketing and distribution agreement.

Givaudan at 250: Naturex buy is just one example of holistic taste solutions strategy, says EAME Flavors chief

13 Nov 2018 --- Leading global flavor house Givaudan, which marks its 250th anniversary this year, has evolved far beyond its roots to identify itself around the more holistic concept of “taste” rather than mere “flavor” alone. This business dynamic has led the Swiss-headquartered flavor giant to acquire natural extracts supplier Naturex earlier this year.

New stevia platforms: Tate & Lyle targets Middle Eastern trends for reduced sugar solutions

13 Nov 2018 --- Tate & Lyle is offering ingredients solutions in an array of product categories, including drinks, condiments and dairy, specifically targeting the Middle East. The company is showcasing its tailored ranges and helping manufacturers seeking solutions for sugar or calorie reduction, specific texture profiles or enriching products with fiber while reducing cost.

Food discovery: “The Adventurous Consumer” tipped as top trend for 2019 by Innova Market Insights

13 Nov 2018 --- Targeting increasingly adventurous consumers, set on new discoveries and experiences, will be key to product development in the food and beverage industry in 2019, according to Innova Market Insights. The company today reveals its top trends for the coming year, with “Discovery: The Adventurous Consumer” leading its list of the Top Ten Trends for 2019.

SVC Ltd invests in data management solutions provider SpecPage

12 Nov 2018 --- SpecPage, which enhances digital solutions for the recipe-based manufacturing industry, is to partner with SVC Ltd., part of Credit Suisse, for risk capital for small and medium-sized enterprises (SMEs). SVC Ltd. currently promotes Switzerland as a center for business while also allowing unique Swiss businesses to leverage their “high qualitative standards in niche industries across the world.”

Diageo sells 19 spirit brands to Sazerac for US$550m

12 Nov 2018 --- UK-based drinks giant Diageo is selling a portfolio of 19 brands to privately owned US firm Sazerac for US$550 million. Diageo believes the sale will allow the business to have a “greater focus” on its premium brands in the US, including Johnnie Walker.

Could EU policy changes boost the development of the European insect farming sector?

12 Nov 2018 --- As interest in alternative proteins and sustainable food production continues to rise, the European umbrella organization representing the interests of the International Platform of Insects for Food and Feed (IPIFF) has emphasized the potential of the European insect sector in creating a more competitive and sustainable value chain. IPIFF President Antoine Hubert believes that the current European Regulations and EU funded research programs offer many opportunities for insect producers to develop, but the current regulatory framework must be adapted to ensure that this potential can be fully exploited.

Clean label dairy? Sugar and fat reduction in desserts, protein remains a key trend

12 Nov 2018 --- As health-minded consumers become ever-more sugar aware with their food and beverage choices, delivering indulgence without the guilt in dairy dessert products has become an increasing challenge. Consumers also want more from their products including fat reduction, but they still want the same great taste that they know and love. As with any product reformulation that involves cutting out sugar, the main challenge is to obtain a similar sweetness and body to that provided by sugar, while reducing its use.

Weekly Roundup: Solvay increases price of vanillin and ethyl-vanillin ingredients, Stern-Wywiol Gruppe enlarges production capacity in Mexico

09 Nov 2018 --- In business news this week, Solvay announced a price increase of its vanillin and ethyl-vanillin ingredients, while Stern-Wywiol Gruppe enlarged its production capacity in Mexico and is intensifying product development at the adjoining Technology Center. Mühlenchemie has introduced flour optimization by smartphone and Margarita Louis-Dreyfus announced new arrangements to finance obligations towards minority shareholders. Finally, Aviko, a Royal Cosun company, will terminate operations at its factory in Oberdolling, Germany.

Plant-based meat alternatives present new yeast extract opportunity, claims industry body chief

09 Nov 2018 --- Growing product development within the meat alternative and vegan/plant-based space is creating a new opportunity for yeast extracts to offer a savory flavor and clean label edge. Ongoing industry trends towards sodium and sugar reduction, coupled with an overarching theme towards sustainability are creating further opportunity for ingredients that are enjoying renewed potential amid the fermented foods revival. This is according to Gerard Hardeman, President of EURASYP (European Association for Specialty Yeast Products), whose daily role is Business Unit Director, Savory Ingredients at DSM Food Specialties.

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