Latest News in the food Industry
Market News
Nestlé reports 9-month numbers
23 Oct 2019
For the first nine months of 2019, Nestlé saw organic growth of 3.7%, with real internal growth (RIG) of 3.0% and pricing of 0.7%.
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Nestlé realigns waters business
22 Oct 2019
Nestlé is to integrate the Nestlé Waters business into the group’s three geographical zones, effective January 1, 2020.
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AIC gets rice, pumpkin distribution deal
21 Oct 2019
AIC has announced that it is now the North American distributor of Organic Rice Protein, Organic Brown Rice Protein and Organic Pumpkin Seed Protein, manufactured by Panjin Hetian Food of China.
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FAO, Danone to cooperate on global nutrition
21 Oct 2019
The Food and Agriculture Organization of the United Nations (FAO) and Danone have agreed to work together to improve global nutrition and food safety knowledge, and promote responsible agricultural value chains for more sustainable food systems.
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Plant-based foods and drinks spur new ingredient development
21 Oct 2019
The growing popularity of plant-based foods and beverages has boosted innovation among ingredient suppliers to meet diverse manufacturer demands, from dairy-free cultures for flavour and food safety, to flavours and emulsifiers for improved taste and t...
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Hybrid drinks add sparkle to a struggling beverage market
21 Oct 2019
Consumers love to try new beverages, and a recent trend aims to straddle categories with drinks like tea lattes, carbonated juices, and fruit smoothies with plant milk.
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Algaia, Herbstreith & Fox to cooperate on pectin/alginates
18 Oct 2019
Algaia is to cooperate with Herbstreith & Fox Germany. The companies say they are joining forces to provide a sustainable combination of pectin and alginates for multiple baking applications, to be marketed as both single ingredients or as a blend.
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Future Meat Technologies gets $14 million funding
17 Oct 2019
Future Meat Technologies has closed a $14 million Series A funding round led by S2G Ventures, a Chicago-based venture capital firm and one of the forces behind Beyond Meat's IPO, and Emerald Technology Ventures, a Swiss-based venture capital firm.
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Egypt and North Africa: A transformed economic landscape holds great potential for food ingredients
17 Oct 2019
Today, Egypt is home to a fast-growing economy and is quickly emerging as a key hub for regional food exports in North Africa. In just a few years, the country has undergone a drastic economic transformation focussed on restoring the competitiveness of...
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Caldic acquires Arlès Agroalimentaire
16 Oct 2019
Caldic has acquired Arlès Agroalimentaire, a distributor of food ingredients and functional additives in France.
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“Swiss Food & Nutrition Valley” launches
16 Oct 2019
The Swiss Canton of Vaud, the Swiss Federal Institute of Technology in Lausanne (EPFL), the Swiss Hospitality Management School in Lausanne (EHL Group) and Nestlé have joined forces to develop and promote what they describe as a global innovation ecosy...
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FrieslandCampina signs mozzarella deal
15 Oct 2019
FrieslandCampina has entered into an agreement with Royal A-ware for the production and supply of mozzarella cheese. The company expects to be ready to begin sales to its customers by the beginning of 2020.
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