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Upcycling sunflower seeds: Planetarians on ‚Äúrevolutionizing the plant-protein landscape‚ÄĚ

15 Aug 2018 --- Shifting consumer preferences for healthier choices drive demand for plant-based proteins, which are growing at a rapid rate. The plant-based food market is growing at double-digit rates and expected to reach US$5.2 billion worldwide by 2020, according to Nestlé and rising prices for plant-based proteins force food manufacturers to identify opportunities and sustainable ingredients for this consumer demand. That focus has created a robust marketplace for functional, and value-added components, including that of sunflower seeds, according to Planetarians, an ingredient company who are “revolutionizing the plant-protein landscape through upcycling defatted seeds.”

Natural Products Canada invests in creator of natural preservatives, Chinova Bioworks

15 Aug 2018 --- Natural Products Canada has invested in Chinova Bioworks, a Canadian company whose mushroom-based natural preservative has previously captured the interest of major food industry partners such as DSM Ventures, Rhapsody and AgFunder.

EU families waste over 17bn kilos of fresh fruit & vegetables each year, reveals study

14 Aug 2018 --- A recently published Joint Research Centre (JRC) article has revealed that EU households generate roughly 35.3kg of fresh fruit and vegetable waste per person per year, 14.2 kg of which, is avoidable. The UN's Food and Agriculture Organisation (FAO) estimates that about one-third of the food produced globally for human consumption is lost or wasted.

Symrise reports accelerated organic growth, expands business in all segments

14 Aug 2018 --- Symrise AG (Symrise) has accelerated its organic growth course in the second quarter. All segments and regions contributed to this positive development, according to the company. Group sales rose significantly by 9.0 percent in the first half of 2018 and earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to €317.1 million (H1 2017: €322.9 million). Against the background of this positive business performance, Symrise is refining its outlook for 2018. The group now expects an increase in annual sales above the medium-term target corridor of 5 to 7 percent, therefore growing significantly faster than the market.

Tyson Foods divests pizza crust business to private equity firm

14 Aug 2018 --- Tyson Foods has reached an agreement to sell its pizza crust business, TNT Crust business (TNT), to an affiliate of private equity firm Peak Rock Capital (Peak Rock). Terms of the deal have not been disclosed. However, the two companies hope to complete the deal by September. The transaction is the seventh recent food and beverage investment for Peak Rock.

Dairy expansion: Glanbia Nutritionals and partners invest US$470m in new Michigan facility

14 Aug 2018 --- Glanbia Nutritionals, Dairy Farmers of America and Select Milk Producers Inc. are set to build a new large-scale cheese and whey production facility in St. Johns, Michigan, US as part of a joint venture. The project is expected to be commissioned in the Q4 of 2020 and will cost approximately US$470 million.

Sustainable palm oil: Global investors call for stronger standards from RSPO

14 Aug 2018 --- More than 90 institutional investors representing more than US$6.7 trillion in assets have called on the Roundtable on Sustainable Palm Oil (RSPO) to strengthen its standards for certifying the sustainable production of palm oil. In a letter sent earlier this month to the RSPO, investors voiced their concerns over the group’s relevance and effectiveness and the current disconnect between corporate policy commitments and the RSPO’s Principles and Criteria Guidance. The investors outline specific recommendations to help bridge the gap.

The flavors shake-up: Ethnic, rich and authentic options pushed to the fore

14 Aug 2018 --- The last few months have seen a real shake-up in the flavors space with International Flavors & Fragrances (IFF) beginning a new chapter with the combination of Frutarom. The news came as Swiss-headquartered market leader Givaudan completed the acquisition of 40.5 percent of the shares of Naturex for €135 per share, with plans underway to take complete control of the natural ingredients supplier. The acquisition of such a significant shareholding in Naturex fits with Givaudan’s 2020 strategy to expand its offering to deliver natural products to customers.

Sugarcane genome successfully sequenced

13 Aug 2018 --- CIRAD and its partners have established the first sugarcane reference sequence. The plant's genome is so complex that conventional sequencing techniques had proved useless. This meant that sugarcane was the last major cultivated plant to have its genome sequenced.

Valeo Foods acquires Tangerine Confectionery in US$128m deal

13 Aug 2018 --- Irish food company, Valeo Foods, is buying UK Tangerine Confectionery for £100 million (US$127.6 million) from private equity firm Blackstone. The acquisition will see famous sweet brands like Dip Dab, Fruit Salad and Blackjack come under Valeo's control.