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Latest News in the food Industry

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Irish exports grow

Irish exports grow

18 Jan 2017

The value of Irish agri-food and drink exports exceeded €11 billion for the first time ever in 2016, the 7th successive year of growth with a further 2% increase recorded to reach a record high of €11.15 billion.

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TerraVia confirms guidance

TerraVia confirms guidance

18 Jan 2017

Plant-based food, nutrition and specialty ingredients company TerraVia has confirmed its previously announced financial guidance for the fourth quarter and full year ended December 31, 2016.

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Americans turn to fresh

Americans turn to fresh

18 Jan 2017

A new survey of more than 1,000 U.S. consumers showed that, compared to three years ago, Americans are consuming more fresh products, including fruits, vegetables, meats and cheeses.

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Sunrise invests in Pure Growth

Sunrise invests in Pure Growth

17 Jan 2017

Sunrise has announced a minority investment in Pure Growth, a producer and marketer of a portfolio of organic snacks. This is the sixth investment by Sunrise since it launched in 2016.

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Callebaut uses FSC-certified cartons

Callebaut uses FSC-certified cartons

17 Jan 2017

Barry Callebaut has announced that it now purchases 95% of its corrugated carton boxes as Forest Stewardship Council (FSC) certified in the EMEA Region.

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FAO: prices down for fifth year

FAO: prices down for fifth year

17 Jan 2017

Prices of major food commodities declined for the fifth year in a row in 2016, according to the FAO Food Price Index, averaging 161.6 points for the year as a whole, some 1.5% below their 2015 levels.

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Chr. Hansen reports good start

Chr. Hansen reports good start

17 Jan 2017

Chr. Hansen has announced its Q1 2016/17 results. Revenues were €242 million, compared to €214 million in Q1 2015/16, corresponding to organic growth of 11%. Profit was €47 million, compared to €39 million.

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IFIC identifies 2017 trends

IFIC identifies 2017 trends

16 Jan 2017

Consumer interest in protein, sustainability, and functional foods, along with breakthrough technologies like CRISPR, are among 2017’s top U.S. food and nutrition trends, according to the International Food Information Council Foundation.

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ABF sees revenues rise

ABF sees revenues rise

16 Jan 2017

Group revenue from continuing operations for the 16 weeks ended 7 January 2017 was 10% ahead of the same period last year at constant currency, with good growth delivered by all of its businesses.

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Kellogg invests in Kuli Kuli

Kellogg invests in Kuli Kuli

16 Jan 2017

eighteen94 capital, Kellogg's venture capital fund, has announced it led a $4.25 million Series A funding of Kuli Kuli, a manufacturer and distributor of moringa-based products.

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TerraVia gets Canada approval

TerraVia gets Canada approval

16 Jan 2017

Plant-based food, nutrition and specialty ingredients company TerraVia has announced that Health Canada has issued an approval for its Whole Algal Protein ingredient for food use in Canada.

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OmniActive takes 85% of Indfrag

OmniActive takes 85% of Indfrag

13 Jan 2017

OmniActive has acquired an 85% stake, and has entered into definitive agreements to acquire the balance stake, in Bangalore-based health and nutrition active natural ingredients Indfrag.

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