US tackles food waste: New agreement to educate consumers and businesses

19 Oct 2018 --- As a week-long Committee on World Food Security (CFS) meeting comes to an end in Europe, the US government has announced a new food waste agreement aimed at improving communication across federal agencies attempting to better educate Americans on the importance of reducing food loss and waste. With mountains of work ahead to meet the US Food Loss and Waste 2030 Champions initiative, which aims to reduce food waste by 50 percent by 2030, the agreement signals a strengthening of food waste strategies to present economic opportunities and possible cost savings for businesses.

Unsustainable agricultural warnings: Governments urged to tackle meat and dairy over-consumption

19 Oct 2018 --- Governments do not have policies in place to tackle the over-consumption of meat and dairy around the world, according to a new report from The Changing Markets Foundation. However, the report, Growing the Good: The Case for Low Carbon Transition in the Food Sector, points to the fact that government policies universally support unsustainable agricultural production systems dominated by intensive meat and dairy farmers and producers. At the same time, meat consumption is more than double the recommended level for healthy diets in the US and several EU countries.

Weekly Roundup: Arla Foods UK unveils new farming standards model, Nestlé launches food waste initiative

19 Oct 2018 --- This week, sustainability has been high on the agenda. Arla Foods UK unveiled a new farming standards model to bring sustainable change to dairy farming in the country. Nestlé has helped to form a new platform to combat food waste in Latin America and the Caribbean. In the same week, the global leader announced plans to reduce salt and saturated fat in its iconic Maggi products in the UK and Ireland. Omya announced significant price increases for calcium carbonate products globally and Hershey completed the acquisition of Pirate Brands.

Giants update on markets and portfolio transformations: Nestlé, Danone and Unilever deliver results

18 Oct 2018 --- Nestlé, Danone and Unilever all delivered their latest financials today with all three major companies reporting growth in fast-growing on-trend categories geared towards health and nutrition. The results come as large-scale multinationals explore ways to respond to a shift in consumer preferences toward fresh, healthy, organic and nutritious food and beverages by diversifying and expanding into growth categories.

Almonds retain #1 spot in NPD across Europe for third consecutive year

18 Oct 2018 --- Almonds have retained the number one spot for nut introductions in Europe, according to the latest Innova Market Insights data. With a 47 percent share of global almond product introductions, the region leads globally for the eleventh year running. Europe as a whole saw over 5,000 new introductions with almonds – a 14 percent increase on the previous year. Germany, France and the UK follow the US as the top leading countries in Europe with 2,414 new almond products introductions collectively in 2017. This is the third consecutive year that almonds have taken the top spot in Europe.

Future high-protein peas: Roquette invests in Israeli seed breeding company

18 Oct 2018 --- Roquette and Equinom, an innovative Israeli-based breeding technology company, have signed a partnership agreement for the development and sourcing of new pea varieties with high-protein content. In addition to this new collaboration, Roquette and Equinom’s current shareholder Fortissimo Capital will jointly invest US$4 million in the company to support its further development.

Global Food Security Index: Singapore claims top spot as US and UK drop to third place

17 Oct 2018 --- The agriculture division of DowDuPont, Corteva Agriscience, and The Economist Intelligence Unit (EIU) have released the 2018 Global Food Security Index (GFSI) findings which signal a shift toward more resilient food security measures. For the first time, Singapore claims the top spot in the 2018 GFSI ranking, partly because GDP per capita has risen nearly 30 percent since 2012, while the percentage of household expenditure that is spent on food is 6.9 percent.

Indian expansion: Nexira and Synthite reinforce partnership in world’s largest acacia gum market

17 Oct 2018 --- French-headquartered acacia gum world leader, Nexira and India-based spice oleoresins leader, Synthite have entered a partnership to produce acacia gum at Synthite’s manufacturing plant near Coimbatore in Tamil Nadu, southern India. This partnership augurs well for India – the world’s largest consumer of acacia gum – by offering various product references to food & beverage manufacturers, who use this gum widely for its technological and nutritional benefits.

A turning point in history? World Food Day shines a light on eradicating hunger, boosting nutrition and mitigating climate change

16 Oct 2018 --- As the dust settles after last week’s stark warnings from climate change experts about how future drought, high temperatures and extreme weather events could seriously impact crops and supply chains, attention turns to World Food Day (WFD) which is being marked today with a campaign to eradicate hunger. Once again food security is on the agenda as key players meet in Rome to mark the day and urge a greater awareness and action for those who suffer from hunger and to ensure food security and nutritious diets for all.

Irish Minister launches dairy research center, reinforces commitment to agri-food sector

16 Oct 2018 --- The Irish Minister for Agriculture, Food and the Marine, Michael Creed TD, has launched the new VistaMilk SFI Research Centre which is jointly funded by Science Foundation Ireland (SFI) and his department. The VistaMilk Centre will be hosted by Teagasc Moorepark (Co. Cork), in partnership with a number of research performing organizations, multinational and SME companies in the food sectors are also part of the consortium.

Cutting rice greenhouse gas emissions: Olam calls for international cooperation

16 Oct 2018 --- Olam is calling for urgent action by the agri-sector including brands, retailers, financial institutions, scientists and governments to implement solutions to limit methane emissions from rice production while improving farmer livelihoods and food security. According to the company, it is essential to consider that many rice consumers are unable to pay more for rice production and the industry should react now.

At the forefront of food trends: Blending big business with disruptive start-ups to accelerate growth

16 Oct 2018 --- Start-ups are attracting the attention of senior executives (particularly in R&D roles) and large-scale corporations looking to collaborate. The industry is awash with examples of how big business is incorporating newly-established small companies that show such promise and scalability that investment from large-scale corporations becomes inevitable. So, is the future of food in the hands of disruptive startup and innovative R&D?

Longer lasting gum? TasteTech launches innovative Gum Kit for sugar-free applications

16 Oct 2018 --- TasteTech has launched a new Gum Kit specifically designed to help chewing gum manufacturers create longer lasting chewing gum. The UK-based company is a manufacturer of controlled release flavorings and ingredients and is at the forefront of microencapsulation technology, pioneering solutions to food manufacturers worldwide.

Beer shortages? Study reveals climate change could affect global beer supply

16 Oct 2018 --- Severe climate events could cause shortages in the global beer supply, according to new research involving the University of East Anglia (UEA). The study warns that increasingly widespread and severe drought and heat may cause substantial decreases in barley yields worldwide, affecting the supply used to make beer. This will ultimately result in “dramatic” declines in beer consumption and rises in beer prices.

Food loss challenge: Rabobank’s start-up shortlist to help reduce food loss in Asia

15 Oct 2018 --- Rabobank is tackling the issue of food loss throughout the supply chain by focusing on holistic solutions and is running a competition where start-ups pitch their ideas to reduce food loss to food and agri industry leaders and investors. Through the Food Loss Challenge Asia, Rabobank aims to look for solutions to curb food loss from farm to market and is asking start-ups “Do you have an existing tech-based solution that reduces food loss from farm to market in Asia?”

Danone to use Nutri-Score labels on fresh dairy products in Belgium

15 Oct 2018 --- Danone is to pioneer a color-coded food labeling system on all its fresh dairy products in Belgium. The French multinational food-products corporation is getting ahead of a government-backed voluntary scheme for food products which sees the Belgium health ministry encouraging better nutritional labeling. The Nutri-Score systems come at the time when consumers are paying much more attention to what they eat and is in line with Innova Markets Insights' top trend for 2018 – “Mindful Choices” – the increasingly thoughtful consumer continues to catalyze changes in the way that companies produce, package and label their products.

Greencore sells US operations to Hearthside in US$1bn plus deal

15 Oct 2018 --- Greencore Group plc has agreed to the sale of its entire US business, Greencore US, to an affiliate of Hearthside Food Solutions LLC for US$1,075 million on a cash and debt-free basis. Greencore says that following the deal, it expects to have a leading position in its core UK market, greater financial and strategic flexibility and potential for dynamic capital management. Hearthside believes the transaction marks a significant step in the further growth and development of its network.

Chr. Hansen acquires dairy ingredient supplier Hundsbichler, raises organic growth targets

15 Oct 2018 --- Chr. Hansen is further expanding its enzyme production and presence into the traditional segments of specialty cheeses, with the newly announced acquisition of the assets of Austrian-based ingredient supplier Österreichische Laberzeugung Hundsbichler GmbH. Hundsbichler products are widely recognized for high quality and the purchase will enable Chr. Hansen to offer cheesemakers a second-to-none product portfolio in the animal rennet space, according to the company. Separately, the company announced that it had achieved all the overall financial targets set at the beginning of the year and raised its ambitions 9-11 percent organic growth for next year.

Start-up focus: US-based Variety Fun targets healthy and convenient snacks market, direct to your door

15 Oct 2018 --- Two entrepreneurs have turned their US$165,000 investment into a millennial-favorite snack subscription box, that is now projecting US$12 million dollars in sales for 2018 and over 500,000 boxes sold on Amazon. According to the company, Variety Fun’s subscription service delivers an assortment of snacks to US offices, improving workplace culture and boosting employee morale. Variety Fun is a snack subscription box that curates “hundreds of the best-tasting, classic and nutritional brands,” including Popcorners, Hippeas, and Popchips, for offices in the US. By partnering with over 500 snack brands, the company offers businesses the most affordable and convenient subscription snack service with the most extensive selection.

Indian ventures: Alland & Robert and Sayaji collaborate on acacia gum production

12 Oct 2018 --- S.D.P.A., the holding company which owns French leader in natural gums Alland & Robert, is partnering with Indian-based company Sayaji Industries Limited (Sayaji) to form a joint venture. The main goal of this collaboration is to manufacture locally and supply spray dried acacia gum for the growing Indian market.

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