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Latest News in the food Industry

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Hershey projects 15% job losses

Hershey projects 15% job losses

8 Mar 2017

Hershey has revealed its plans to deliver on its vision of being an innovative snacking leader and announced initiatives designed to drive continued net sales, operating profit and earnings per share-diluted growth.

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Carrageenan growth forecast to slow

Carrageenan growth forecast to slow

8 Mar 2017

In spite of recording global sales of over 60,000 metric tonnes in 2016, Future Market Insights (FMI) predicts that the global demand for carrageenan gum will witness a considerable decline.

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Campden completes innovation survey

Campden completes innovation survey

8 Mar 2017

Campden BRI has released the results of its food and drink innovation survey, undertaken to better understand industry’s attitudes to innovation, noting that time and resource remain barriers.

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Barentz strengthens in Southeast Asia

Barentz strengthens in Southeast Asia

7 Mar 2017

Barentz International has established a Joint Venture with Vita, an ingredients distributor in Thailand, to further strengthen its activities within the food ingredients segment in Southeast Asia.

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SweeGen gets FDA GRAS notification

SweeGen gets FDA GRAS notification

7 Mar 2017

Nature-based sweetener company SweeGen and Ingredion have announced that the FDA has issued a GRAS (Generally Recognized As Safe) No Objection Letter for BESTEVIA Reb-M stevia sweetener.

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Fair Trade achieves 67% recognition

Fair Trade achieves 67% recognition

7 Mar 2017

Fair Trade USA and the Natural Marketing Institute (NMI) have released new data indicating that 67% of consumers now recognize the Fair Trade Certified seal, an eight-percentage point increase over 2015.

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Mintel: Americans and seasonal ingredients

Mintel: Americans and seasonal ingredients

6 Mar 2017

New research from Mintel reveals that nearly seven in 10 (67%) consumers enjoy being able to consume specific seasonal ingredients year-round but over three-quarters (78%) consider seasonal dishes to be a treat.

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FrieslandCampina profits rise on lower revenue

FrieslandCampina profits rise on lower revenue

6 Mar 2017

FrieslandCampina has reported higher profit on lower revenue in what it described as a “turbulent year”. Profit increased by 5.5% to €362 million, while revenue declined by 1.9% to €11.0 billion.

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PureCircle completes Malaysia plant expansion

PureCircle completes Malaysia plant expansion

6 Mar 2017

PureCircle has completed the $42 million expansion of its stevia plant in Malaysia. According to the company, it is the only company that has this type and scale of production facility in the stevia industry.

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FrieslandCampina looks to offload Riedel

FrieslandCampina looks to offload Riedel

3 Mar 2017

Royal FrieslandCampina has announced that it is investigating the sale of Riedel, market leader in the field of fruit juices and fruit drinks in the Netherlands.

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ABF profits from sugar price rise

ABF profits from sugar price rise

3 Mar 2017

Associated British Foods has issued an update prior to entering the close period for its interim results to 4 March 2017 which are scheduled to be announced on 19 April 2017.

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Tereos opens plant proteins unit

Tereos opens plant proteins unit

3 Mar 2017

Tereos has inaugurated a pilot unit to produce food based on plant proteins, saying that it is convinced that one way to respond to the future nutritional needs of the world population is to develop plant proteins.

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