Latest News in the food Industry

3 May 2018

Glanbia has issued an Interim Management Statement for the three month period ended 31 March 2018, delivering positive revenue growth of 4.8%, constant currency in the first quarter of 2018.

2 May 2018

Corbion has reported sales of € 213.0 million in the first quarter of 2018, a decrease of 7.4% due to currency effects. Organic sales growth was 2.5%, due to a strong increase in Biochemicals and Innovation Platforms.

30 Apr 2018

Frutarom is opening FoodNxt, its fully equipped innovation lab for food-tech startups, in the north of Israel. The company is inviting Israeli food-tech and ingredient companies to join in for mutually beneficial collaborations.

13 Apr 2018

Barry Callebaut has reported what it describes as a strong sales performance for the first half of the year, with sales revenue growth of 8% - compared with 2.5% growth in the market as a whole - and EBIT up 20.6%.

10 Apr 2018

The FAO Food Price Index rose in March, driven by robust increases in grains and dairy prices. In March, the Index averaged 172.8 points, 1.1% higher than in February and 0.7% above its value a year earlier.

6 Apr 2018

DuPont Nutrition & Health has launched CHOOZIT SWIFT 600 and CHOOZIT AMERI-FLEX, developed to solve productivity and cheese quality needs for industrial-sized cheese makers.

3 Apr 2018

Global launches of beverage and food products containing stevia have grown steadily since 2012, and in 2017 alone, increased more than +10% vs. 2016, the company notes, citing data from Mintel.

2 Apr 2018

DuPont Nutrition & Health and Inbiose have announced regulatory approval of their first human milk oligosaccharide (HMO) ingredient for infant formula in the European market.

30 Mar 2018

Nestlé UK and Ireland has unveiled Milkybar Wowsomes, which it claims is the first chocolate bar in the world to use Nestlé’s innovative sugar reduction technique.

20 Mar 2018

DSM has launched Maxilact Smart, which it claims is the fastest lactase enzyme on the market, enabling a significant increase in production efficiency and capacity.

16 Dec 2016

First Milk has released its financial results for the six months to 30 September 2016.Operating profits were up to £9.2 million (vs. £1.2m in the prior year) and profits before tax were up to £6.8 million (vs. a loss of £2.4m in the prior year).

22 Nov 2016

Fonterra has increased its 2016/17 forecast Farmgate Milk Price by 75 cents to NZ$6.00 per kgMS, making the forecast total payout available to farmers $6.50 to $6.60 before retentions.