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The Week in Business (22 Aug 2016)

 22 Aug 2016

Nestlé has reported a slowdown in volume sales in Q2, after it was hurt by an unsatisfactory performance in China and weak pricing but says it will keep on investing in the UK following Brexit. The world’s biggest food company reported first half profits of $4.3bn to the end of June, down 9 percent on the year while sales in the first half came in at $45bn. Other companies mentioned are Hain Celestial, Unilever and Ingredion. 
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29 Nov 2021 | CNS Media

In F&B developments this week, the European Flavour Association (EFFA) hosted a Virtual Flavor Day to explore how taste and c can set the tone for Europe and drive more sustainable choices. In the alt-protein arena, food-tech start-up Kingdom Supercultures made moves to scale next-gen “supercultures” for... Read More

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19 Nov 2021 | CNS Media

This week, Kerry launched an acacia gum-derived ingredient that overcomes sensory issues in white bread. Meanwhile, Roquette unveiled the world’s largest pea protein factory and Redefine Meat premiered the world’s first whole cuts of 3D-printed steak in new culinary concepts.

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29 Oct 2021 | CNS Media

This week, advancements in responsible meat production were made. Meanwhile, China’s cell-based meat revolution is on the cusp of becoming the next big tech boom and the European Vegetarian Union called upon the European Commission to harmonize vegetarian and vegan food labeling rules.

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26 Oct 2021 | CNS Media

In F&B developments this week, ADM’s second annual list of global consumer trends. Flavor house Givaudan launched an ashwagandha extract for mood-elevating F&B products in response to the social media buzz around the “rising star of Ayurveda.” In the UK, the British agri-food sector welcomed the nation’s... Read More

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01 Oct 2021 | CNS Media

This week, pea protein suppliers are tackling soaring prices amid the “worst drought in over a century.” Meanwhile, advancements in cultivated meat and sustainable cocoa farming were also spotlighted.

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24 Sep 2021 | CNS Media

In F&B developments this week, Hollywood A-lister Leonardo DiCaprio invested an undisclosed sum in cultivated meat start-ups Mosa Meat and Aleph Farms to help “usher in a new age of meat production.” Eight start-ups, from Japan to Estonia to Israel, joined the ProVeg Incubator in a cohort with a narrowed... Read More

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17 Sep 2021 | CNS Media

Catch up on the key industry stories from the past week. This week’s NewsBite episode includes highlights from the cell-based meat and seafood space as industry titans join forces to create a super hub. Alternative proteins are also highlighted, as are all the latest acquisitions, investments and ingredient... Read More

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10 Sep 2021 | CNS Media

This week, advancements in alternative proteins were spotlighted. Givaudan opened a new European hub to keep up with increased demand for meat-free protein. Meanwhile, Cargill inaugurated a US$150 million pectin production facility in Brazil and beef exports to China were halted from Brazil following a mad... Read More

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06 Sep 2021 | CNS Media

In F&B developments this week, a new survey found almost half of UK businesses are “oblivious” to upcoming allergen labeling legislation under Natasha’s Law. Europe’s livestock sector hit back at a rising tide of vegan activism, which has spurred the launch of the international Plant-Based Treaty and a... Read More

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27 Aug 2021 | CNS Media

Layn Natural Ingredients continues its expansion in botanicals with a boost to its portfolio of Non-GMO Project Verified botanical extracts. Flavorchem is helping brands tap into the booming hard seltzer trend with a new line of clean label flavors. Cargill is set to acquire Aalst, a Singapore-based... Read More

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13 Aug 2021 | CNS Media

This week, a flurry of acquisition activity within major meat sectors was flagged – the latest being Cargill and the Continental Grain Company moving to buy chicken producer Sanderson Farms. Barry Callebaut launched a scorecard to define and develop sustainable practices in coconut production, together with... Read More

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02 Aug 2021 | CNS Media

In F&B developments this week, plant-based butter brand Upfield published data revealing that consumers and chefs using its dairy-free spreads instead of butter – have avoided emitting an estimated six million metric tons of CO2-equivalent within 12 months. Nobell Foods, a US-based company cultivating dairy... Read More

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26 Jul 2021 | CNS Media

This week, the “pingdemic” that has been accelerating across Britain, causing issues in supply chains. The UK could see escalating food prices during the next few years, according to the Food and Drink Federation. Meanwhile, Israel’s prime minister has warned Unilever of “severe consequences” after its... Read More

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19 Jul 2021 | Almond Board of California

Demand for functional food continues to grow with more and more consumers looking for foods with a specific health benefit. Join Swati Kalgaonkar, Associate Director, Nutrition Research Programme at the Almond Board of California and Lu Ann Williams, Global Insights Director at Innova Market Insights as they... Read More

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16 Jul 2021 | CNS Media

In F&B developments this week, a roundtable of coloring foods specialists discussed advancements in the search for brilliant blue – including a new compound sourced from red cabbage using enzymes. Industry reacted to Nestlé’s recent deep dive into cell-based meat. In business developments, Next Gen Foods... Read More

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09 Jul 2021 | CNS Media

Short Food Supply Chains are in focus as COVID-19 accelerates the potential shift in how food is grown, distributed and consumed. World Chocolate Day also underscored sourcing issues while global food commodity prices fell last month for the first time in 12 months.

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02 Jul 2021 | CNS Media

This week, BlueNalu revealed its latest framework designed to achieve a premier standard of food safety, quality and traceability for its cell-cultured seafood production. Food-tech accelerator Eatable Adventures inaugurated the first cohort of Spain FoodTech, its main start-up program and the European soft... Read More

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