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Latest News in the food Industry

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McCormick reports record results

McCormick reports record results

26 Jan 2017

McCormick has reported financial performance for the fourth quarter that led to record results for the fiscal year ended November 30, 2016. Sales rose 2% in the fourth quarter from the year-ago period.

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SFEP invests in Red Monkey

SFEP invests in Red Monkey

25 Jan 2017

San Francisco Equity Partners (SFEP), a private equity firm exclusively focused on expansion-stage companies, has acquired a majority stake in organic spices and seasonings company Red Monkey Foods.

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Lampados announces Liteez

Lampados announces Liteez

25 Jan 2017

Lampados International is to launch Liteez, which it describes as a next-gen sweetener. It is designed to melt in a hot drink, such as coffee, as well as be enjoyed as an ultra-low calorie sweet treat.

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Campden to host aseptic seminar

Campden to host aseptic seminar

25 Jan 2017

Consumers’ awareness of and demand for high quality food products means that aseptic processing is a ‘hot topic’ again, according to Campden BRI, who have organised a seminar on the subject.

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Novozymes sheds 198 jobs

Novozymes sheds 198 jobs

24 Jan 2017

The company is allocating additional resources to high-growth opportunities, primarily in emerging markets, which means that, across the organization and geographies, it has laid off 198 employees, 62 of them in Denmark.

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Roquette invests in Canada

Roquette invests in Canada

24 Jan 2017

Roquette has announced an investment of more than CAN$400 million to build a new pea-protein manufacturing site in Portage la Prairie, Manitoba (Canada) in order to address the growing demand for plant proteins.

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Vegemite comes home

Vegemite comes home

24 Jan 2017

Mondelēz is to sell most of its grocery business in Australia and New Zealand to Bega Cheese for AU$460 million. The transaction adds the VEGEMITE brand and other well-established grocery brands to Bega's portfolio.

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Arla raises milk price

Arla raises milk price

24 Jan 2017

Arla Foods is raising its milk price to owners by a further one eurocent per kilogramme from 1 February, noting that markets in general remain strong, with good global demand.

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Mintel reports on healthy food

Mintel reports on healthy food

23 Jan 2017

According to new research from Mintel, less than half (42%) of Americans consider their diet to be healthy, while less than two in five (38%) agree that healthy foods are worth the added expense.

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Research: why pre-packaged foods?

Research: why pre-packaged foods?

23 Jan 2017

Researchers from the University of Minnesota and Duke University have examined the reasons why parents purchase pre-packaged, processed foods, describing their findings as "complex".

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FReSH launched

FReSH launched

23 Jan 2017

25 leading global companies have announced their collaborative commitment to accelerating transformational change in global food systems, joining together to launch FReSH- the Food Reform for Sustainability and Health program.

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On-the-go breakfast to grow

On-the-go breakfast to grow

23 Jan 2017

Future Market Insights projects that the growth in global revenues for on-the-go breakfast products will grow at 4.2% CAGR from 2016 to 2026, reaching US$ 1,853.2 million in revenues by 2026 end.

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