Latest News in the food Industry

Sustainability

Kerry reports 1Q 3.7% growth in volumes

Kerry reports 1Q 3.7% growth in volumes

9 May 2018

Kerry Group has issued its Q1 Interim Management Statement. The company reported a 3.7% growth in business volumes, with Taste & Nutrition growing 4.3%; and Consumer Foods +1.6%.

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FAO reports April food prices flat vs. March

FAO reports April food prices flat vs. March

8 May 2018

The FAO Food Price Index (FFPI) averaged 173.5 points in April 2018, nearly unchanged from March but up 2.7% from the corresponding period last year.

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Novozymes grows in line with expectations

Novozymes grows in line with expectations

4 May 2018

The company says it is well in line to deliver on its full-year sales growth outlook of 4-6%, and margins are said to be strong despite a significant currency headwind.

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Engaging with the Instagram generation

Engaging with the Instagram generation

3 May 2018

Colourful, exotic and unusual foods are on the rise as a growing number of consumers look for food experiences they can share on social media.

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Performance Nutrition drives Glanbia 1Q revenue growth

Performance Nutrition drives Glanbia 1Q revenue growth

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.

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Currency causes Corbion sales decline

Currency causes Corbion sales decline

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.

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TOP promotes sugar replacement alternatives

TOP promotes sugar replacement alternatives

2 May 2018

After extensive research TOP says it has found smart, healthy and tasty formulas in which sugar can be completely replaced, while the microbiological safety as well as the taste of the product are preserved.

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Mintel: Europe leads on private label launches

Mintel: Europe leads on private label launches

27 Apr 2018

Europe accounted for over half (57%) of all private label launches with premium claims globally in 2017, according to new research from Mintel Global New Products Database (GNPD).

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Almonds a key ingredient in healthy snacking

Almonds a key ingredient in healthy snacking

18 Apr 2018

More almond-containing products were launched in Europe than in any other region in the world in 2016, as the trend toward healthier snacking has given the nuts a major boost.

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Barry Callebaut half year sales grow 8%

Barry Callebaut half year sales grow 8%

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%.

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Bayn researching e-sensory technology to optimize sugar reduction

Bayn researching e-sensory technology to optimize sugar reduction

12 Apr 2018

As part of the development of Bayn Europe AB’s cloud-based platform and e-sensory tool for sugar reduction, the sugar reduction specialist is performing research into using e-sensory technology to optimize sugar reduced recipes.

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Grain, dairy prices drive FAO Index higher

Grain, dairy prices drive FAO Index higher

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.

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