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Nestlé sells off U.S. ice cream business

Nestlé sells off U.S. ice cream business

12 Dec 2019

Nestlé has announced that it has reached an agreement to sell its U.S. ice cream business to Froneri, an ice cream-focused joint venture Nestlé created in 2016 with PAI Partners, for a transaction value of $4 billion.

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FAO Index reaches 26-month high

FAO Index reaches 26-month high

11 Dec 2019

The FAO Food Price Index (FFPI) averaged 177.2 points in November 2019; up 4.7 points (2.7%) from October and 15.4 points (9.5%) from the corresponding period last year.

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Unilever opens innovation centre on Wageningen campus

Unilever opens innovation centre on Wageningen campus

11 Dec 2019

The King of the Netherlands has opened Unilever’s new global Foods Innovation Centre on the campus of Wageningen University.

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GLG secures CBD deal with EWPG

GLG secures CBD deal with EWPG

10 Dec 2019

GLG Life Tech has announced its newly signed agreement with East West Pharma Group (EWPG) for the distribution of cannabidiol (CBD) products.

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Cargill invests $113 million in cocoa capacity

Cargill invests $113 million in cocoa capacity

10 Dec 2019

Cargill is investing over $113 million to expand its cocoa processing sites in Yopougon, Ivory Coast and Tema, Ghana.

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Nutriati gets $12.7 million investment

Nutriati gets $12.7 million investment

9 Dec 2019

Manna Tree Partners, who invest growth capital in companies that produce, process and distribute healthy food, has closed a growth investment in Nutriati, a developer and manufacturer of plant-based ingredients, including protein, flour and oil. Terms ...

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Flavour trends go back to basics

Flavour trends go back to basics

9 Dec 2019

‘Tis the season for trend predictions, and this year many flavour houses envisage a shift away from the very exotic fruits and botanicals that have featured on such lists in the past, back toward easily recognisable and well-loved flavours.

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What’s new in milk alternative ingredients?

What’s new in milk alternative ingredients?

9 Dec 2019

Ingredient suppliers have been scrambling to keep up with soaring growth in the plant-based milk alternatives market, with new solutions emerging for better texture, taste and nutrition.

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Barry Callebaut updates on sustainability progress

Barry Callebaut updates on sustainability progress

6 Dec 2019

Barry Callebaut has announced that in fiscal year 2018/19 it sourced 47% of the cocoa and 54% of the other ingredients it uses sustainably.

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Maxum Foods reports on dairy market

Maxum Foods reports on dairy market

6 Dec 2019

According to the Maxum Foods Global Dairy Commodity Update for December, the fundamentals underpinning the global market outlook remain positive but may weaken with improving expansion in milk supply and a slowing in trade in milk powders.

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Novozymes launches oat drinks toolbox

Novozymes launches oat drinks toolbox

5 Dec 2019

As the market for oat drinks grows, Novozymes has developed a new toolbox designed to guide producers to expand their businesses into oat drinks.

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Arla announces Nutrilac YO-4575 for booming Skyr market

Arla announces Nutrilac YO-4575 for booming Skyr market

5 Dec 2019

When looking at the total yoghurt market, Arla Foods Ingredients claims that Skyr as a product is taking an increasing piece of the total market share.

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